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Landesbank Berlin Investment Goes Live with DVS Fund Warehouse
Princeton Financial Systems (PFS), a solution provider to the global investment industry, reports a successful project completion. The Landesbank Berlin (LBB) and the Landesbank Berlin Investment (LBB-INVEST) have chosen the fund-specific data management platform DVS Fund Warehouse (DVS) together with PFS’ reporting solution DVS Publisher Suite for their fund reporting. They went live with both…
EDM Market Experiencing a Strong Start to the Year, Says Asset Control’s Enfield
Since the launch of its AC Invest solution in October last year, the enterprise data management (EDM) solution vendor has witnessed an uptick in client interest in its new compliance focused offering, according to Rick Enfield, product business owner of the vendor’s AC Plus solution. The shift from approaching data management as a technology problem…
Options Clearing Corporation Board Of Directors Welcomes New Member
The Options Clearing Corporation (OCC) announced today the appointment of a new member to its board of directors. The newly appointed director is John Willian, global co-head of Prime Brokerage, Clearing, Electronic Trading, and Futures at Goldman Sachs. Willian replaces Mitchell Lieberman who has retired. “The board welcomes our distinguished new member,” said Wayne Luthringshausen,…
Mizuho’s Tweddle Stresses Importance of Data Ownership for Improvement in Quality
Simon Tweddle, director of risk management at Mizuho International, is a firm believer in assigning data ownership in order to effectively monitor data quality across a financial institution. Speaking at last week’s Thomson Reuters event in London, Tweddle explained that Mizuho has recently put the management of its global reference and market data back on…
SIX Telekurs’ 2009 Results Confirm Reference Data Biz Remains Bright Spot
Following on from the relatively robust performance of rival Thomson Reuters’ Enterprise division and Interactive Data’s overall performance last year, SIX Telekurs has added to the optimism in the reference data market with the announcement of a 2009 revenue increase of 1.8% on previous year’s figures for the reference data and valuations part of its…
Downstream Users Need to be Made Aware of Upcoming Data Management Changes, Warns Deutsche Bank’s Walker
Getting buy in from senior management and understanding from those at the grassroots level with regards to tackling data management challenges has become much easier as a result of the current industry focus on data, said Shannon Walker, IT architect at Deutsche Bank, to delegates to yesterday’s TSAM event in London. However, she warned that…
Tullett Prebon’s Humphrey Discusses Details Behind OTC Val Acquisition
Last week, interdealer brokerage firm Tullett Prebon announced it had entered into an acquisition agreement for an undisclosed amount with derivatives valuation services provider OTC Valuations (commonly known as OTC Val). Paul Humphrey, CEO of Tullett Prebon’s Electronic Broking and Information division, explains to Reference Data Review that the acquisition is all part of the firm’s…
Taylor Discusses Why LCH.Clearnet Has Invested in its Data Architecture
UK-based clearer LCH.Clearnet is mid-way through a significant project to revamp its internal data architecture, according to Martin Taylor, group chief information officer at the clearer. Taylor told attendees to last week’s Thomson Reuters organised data management roundtable that the clearer is six months into a project that will deliver a more standardised approach to…
Paying Lip Service to Data Quality is on its Way Out, Says Deutsche Bank’s Fletcher
The days of paying mere lip service to the goal of improving data quality and living with “spaghetti-like” data infrastructures are soon to be gone, said Deutsche Bank’s head of reference data services, Neil Fletcher, to those in attendance at last week’s Thomson Reuters event. His own firm is much more aware of the importance…
Tullett Prebon Expands into Valuations Services with Acquisition of OTC Valuations Ltd
Tullett Prebon plc, an inter-dealer broker, today announces the acquisition of OTC Valuations Ltd, a provider of independent derivatives valuation services. In an environment of increasing compliance and corporate governance requirements, OTC Valuations delivers a highly valuable service to clients, providing accurate, complete, timely, and independent pricing of derivatives portfolios. OTC Valuations, with its significant…