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FTI Hires Celent Analyst For Competetive Research

Financial Technologies International has hired Fritz McCormick as a competitive research analyst, dealing with marketing and strategic policy. Formerly an analyst at Boston-based Celent Communications he will be working out of FTI’s Boston and New York offices.

Strong Addition To HelioGraph

STP and financial messaging vendor HelioGraph, has appointed Simon Strong as programme manager for its corporate actions product eVent. Previously at TCA Consulting, Strong has worked in financial IT development and consultancy for over 15 years.

O’Dwyer Takes On UK Corporate Actions For SmartStream

SmartStream Technologies has appointed Jeremy O’Dwyer to head its UK Corporate Actions team in London, a newly created position to leverage SmartStream’s recent acquisition of Effective Solutions and to drive business development of its TLM corporate actions product. He brings more than 20 years of in-depth experience of the financial services marketplace from both the…

MarketAxess Hires European Operations Head

MarketAxess, a multidealer platform for credit products and provider of related data, has hired Iain Baillie to head up its European operations. Baillie joins from Schroder Salomon Smith Barney, where he was managing director and before that head of investment grade secondary trading in Europe.

M&I Picks XCB For CA Processing

Marshall & Ilsley (M&I) Trust Company has signed a three-year licensing agreement for Xcitek’s CostBasis (XCB) software and will use it to process cost allocation factors and tax opinions on corporate actions. Mark Cashion, assistant vice president, M&I Trust Company, says the move to XCB has increased accuracy and timeliness of processing cost basis activity…

Official Launch For Eagle Reference Manager

Eagle Investment Systems has launched Eagle Reference Manager, a security reference data management and workflow product. Reference Manager is a standalone system designed to consolidate, translate, validate and disseminate reference data throughout an enterprise. Eagle, well known for its EaglePace and EagleStar portfolio management and accounting solutions respectively, has managed data integration as part of…

Reference Data Comes Out Of The Shadows

It’s always a good sign when the editors of a new newsletter are flooded by market participants with news to report, rather than having to hound industry contacts in search of stories. It says something about the vibrancy of the market space. And so it has been with Reference Data Review. It seems that we…

Institutions Gearing Up For The Switch To ISINs In German Market

Financial institutions in Germany are gearing up for the introduction of the International Securities Identification Number later this month, an event requiring preparation that has been compared with the scale of the euro’s introduction. Germany and Austria switch to ISIN on April 22, ahead of most other European countries. France and other countries linked to…

Axioma Partners For Fame Data In Portfolio Software

Fame Information Services has formed a partnership with Axioma, a New York developer of portfolio construction and optimisation software to provide clients with integration between Fame’s financial database products and Axioma’s PortfolioPrecision software. At the heart of the alliance is a modular data loader that connects directly to Fame databases without any custom integration. Pre-configured…

First American Picks XSP For Corporate Actions

California investment adviser First American Trust is to use Xcitek software to automate its corporate actions processing. The Xcitek Solutions Plus (XSP) ISO 15022-compliant global corporate actions automation solution developed by New York-based data company Xcitek and Solutions Plus will be used by First American to manage corporate actions processes and monitor exceptions by automating…