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Moody’s Investors Service Names Michel Madelain As COO, Brian Clarkson to Retire After 17 Years at Company

Moody’s Investors Service, the credit rating agency unit of Moody’s Corporation, has appointed Michel Madelain, currently executive vice president in charge of the Global Fundamental Ratings business, as chief operating officer with overall responsibility for managing the day-to-day operations of the ratings business. Brian Clarkson, who most recently served as president and COO of Moody’s…

Markit Launches Counterparty and Compliance Documentation Library

Data, portfolio valuations and OTC derivatives trade processing vendor Markit has launched a new documentation library that allows financial institutions to post, manage and share compliance, counterparty credit and regulatory documents securely. Called Markit Document Exchange, the new service automates KYC, anti-money laundering and compliance certification processes in order to reduce risk and lower operational…

GoldenSource Reports Strong Q1 EDM Sales, Announces New Strategic Hires and Moves into New London Facility

GoldenSource, a provider of enterprise data management (EDM) solutions, has reported strong sales of its solutions in London, Brussels, New York and Toronto during the first quarter of 2008. Across all of its market segments, the company reported five new contract wins with an expanding customer base and one significant upgrade with an existing client….

Deutsche Börse to Distribute Interactive Data’s Bond Evaluations

Interactive Data has widened the distribution of its bond evaluations through a deal with Deutsche Börse, which will be making the data available to financial institutions in Germany. Through the use of Interactive Data’s Pricing and Reference Data bond evaluations, Deutsche Börse’s clients will now be able to request evaluations for specific securities in their…

XSP Achieves Gold Status in Microsoft Partner Program

XSP has achieved gold certified partner status, the highest level of competence, in Microsoft’s Partner Program. The corporate actions vendor became a Microsoft certified partner at the end of September last year and has now progressed to gold status. The vendor achieved Microsoft gold certified partner status as an Independent Software Vendor (ISV), attaining the…

Eagle Premieres Version 9.0 with Improved Workflow and Data Management

Eagle Investment Systems is planning a new release of its software aimed at improving workflow and usability in its data management offering. Eagle Version 9.0, details of which were presented at its annual client conference in Florida this week, will be available later this month. John Lehner, president of Eagle, explains: “Many of the new…

XSP Offers Interactive Data’s Intra-Day Corporate Actions Data Through Software Platform

Interactive Data Pricing and Reference Data’s intra-day corporate actions data is now available through XSP’s software platform. The service covers more than 40 corporate actions event types, including mergers, tender offers, exchanges and rights offerings for US and Canadian listed/traded securities. Interactive Data’s Xcitek Corporate Actions Service, formerly part of the same company as XSP…

Cicada Expands KYC Solution Business Development Team

Shaun Hassett has joined Cicada’s business development team as vice president of business development. He will be responsible for developing and expanding the company’s Cicada Profiler software business. Prior to Cicada, Hassett was national account manager at Accuity, a provider of data, software and services to help organizations maximize efficiency and meet their regulatory compliance…

Liverpool Victoria Asset Management (LVAM) Selects Cadis Software

Liverpool Victoria Asset Management (LVAM) has signed a deal to implement Cadis Software’s EDM Suite. Due to go live in less than three months, Cadis will serve as the backbone of LVAM’s new technology infrastructure and play an instrumental role in the company’s growth strategy, according to the vendor. This client win is the latest…

Eagle and Thomson Reuters Connect Data Management Systems

Eagle Investment Systems and Thomson Reuters have created a standard interface between Eagle’s data management solution and Thomson Reuters DataScope Select. The new standard interface allows clients to import DataScope Select security data into Eagle’s data management platform; both equity and fixed income securities are supported. “Eagle remains focused on delivering standardized interfaces to many…