TradingTech Insight Blogs The latest content from across the platform
Asset Control Poaches Misys’ McGranaghan for Product Management Role in NYC
Ex- head of development for Misys’ Treasury and Capital Markets division, Donal McGranaghan has joined Asset Control as senior vice president of product and development. Based in New York, he will lead product management and software development of the EDM vendor’s financial data management solutions. McGranaghan has also previously worked at Kindle Banking Systems, BIS…
Actuate and ClusterSeven Partner for Marketing of Spreadsheet Solutions
Actuate Corporation and ClusterSeven have signed a joint marketing agreement, under which the vendors will work together to tout their spreadsheet management solutions to the market as compliance and risk management enablers. The vendors have therefore combined their respective offerings, Actuate’s eSpreadsheet and ClusterSeven’s Enterprise Spreadsheet Manager, to gain extra clout in the tough economic…
Fitch Appoints Ex-Fidelity MD Hale as Head of Asia Pacific in Hong Kong
Credit ratings specialist Fitch has appointed ex-Fidelity executive Evan Hale as its new head of Fitch Asia Pacific in Hong Kong. He replaces Andrea Mueller, who left the firm in May 2008, and will report to Bernard De Lattre, group managing director at Fitch Ratings, who is based in Paris. Prior to this appointment, Hale…
Marshall & Ilsley Trust Company Sticks with XSP for Corporate Actions
Marshall & Ilsley Trust Company, a subsidiary of Wisconsin-based bank Marshall & Ilsley Corporation, has signed a multi-year renewal agreement for XSP’s v5 corporate actions solution. According to Wayne Klomstad, senior vice president of Marshall & Ilsley Trust Company, it decided to extend its agreement with the vendor to cover the eTRAN module because of…
S&P’s Capital IQ Integrates JunctionRDS UK Share Register Data onto Platform
Standard & Poor’s Capital IQ business has integrated UK share register data from London-based independent shareholder analysis house JunctionRDS into its platform. The data set allows users to view detailed ownership information on listed UK companies with breakout analysis of nominee shareholdings at both the investment manager and beneficial owner level, says the vendor. Ian…
Turquoise Joins MTF Symbology Initiative
Turquoise has joined the industry working group set up by fellow multilateral trading facilities (MTFs) to develop and maintain a uniform symbology framework for European equities. The group was formed last October by Bats Europe, Chi-X Europe and Nasdaq OMX Europe to address the challenges posed by conflicting stock symbols used in European equities trading….
EACH Supports the Introduction of a CCP for OTC Derivatives
The European Association of Central Counterparty Clearing Houses (EACH) has published a paper that indicates its support for the introduction of central clearing counterparties for the OTC derivatives markets. The industry association believes a CCP can serve as part of the blueprint to effectively mitigate counterparty risk and improve operational efficiency in the OTC derivatives…
Markit Rolls Out XSP Platform in London, New York and Singapore
Following the extended implementation of its solution at index provider FTSE Group in December, XSP has completed the rollout of its v5 corporate actions platform at Markit in London, New York and Singapore. Markit will use the solution to assist in the automation of some of the complex processes within its bespoke index calculation and…
New York Federal Reserve Poaches Citi’s Bottega as Chief Data Officer for its Markets Division
John Bottega’s no show at last year’s FIMA London event was noted by many and there was much speculation at the event that he was soon to leave his post as chief data officer for Citi’s Institutional Client Group. Reference Data Review can now indeed confirm that Bottega has moved onto pastures new: he has…
D’Arcy Finally Takes Over from Clark at Helm of Interactive Data
Following the announcement of his selection as Stuart Clark’s successor in November, Raymond D’Arcy has finally stepped into the role of president and CEO of Interactive Data. After 13 years at the helm of the vendor, Clark is retiring but will stay on as advisor for the next few months to help D’Arcy adjust to…