Data Management Insight Blogs The latest content from across the platform
Interactive Data to Acquire Italian Reference Data Provider for €19m
Interactive Data Corporation has agreed to acquire Italian reference data provider Kler’s Financial Data Service for a purchase price of €19.0 million (approximately US$29.5 million) in cash, as part of its plans to increase its presence in continental Europe. The transaction is expected to be completed early in the third quarter of 2008, contingent upon…
US Fed and SEC to Draw up Agreement on Data Sharing
The US Federal Reserve and Securities Exchange Commission (SEC) are discussing an agreement to revamp the regulation of the US financial markets, which could include drawing up data sharing agreements between the two bodies. The agreement, which is rumoured to be announced this week, is intended to fill gaps in regulatory oversight and increase cooperation…
Cicada Issues Letter of Intent to List on TSX Via Reverse Merger With Venture Capital Firm
Following its decision to sell CounterpartyLink in April, Cicada has recently issued a letter of intent to list on the Toronto Stock Exchange (TSX) via a reverse merger with venture capital firm JJR II Acquisition. “At this time, it is still a letter of intent – in other words, there has not been a completed…
Siperian Promotes Wadehra and Ward to SVP Positions
Master data management platform provider Siperian has promoted Anurag Wadehra to senior vice president of marketing and product management and Sean Ward to senior vice president, worldwide sales and alliances. Wadehra will be in charge of all strategic product management and corporate marketing activities. Prior to Siperian, he was vice president of marketing for Intersperse,…
A-Team Report: Complex Instruments Demand Overhaul of Data Management by Buy Side
Following last month’s webinar on derivatives and data management, A-Team Group and EDM vendor GoldenSource have released a report on the specific challenges faced by global reference data managers in buy side firms, with a particular focus on the impact of OTC derivatives. The report involved discussions with a sample of senior individuals directly involved…
Consistency in Valuations is Vital for Dealing with Derivatives, Says Lepus and Asset Control
Accurate documentation surrounding valuations is growing in importance in the area of complex derivatives, according to a recent panel discussion held by Lepus Consulting and sponsored by Asset Control. The panel, which included representatives from a number of Wall Street banks and US mutual funds such as TIAA-CREF, agreed that knowing the ultimate parent for…
GoldenSource Promotes Version 8 of its EDM Suite as More Tailored Solution For Managing Risk
GoldenSource has released version 8 of its EDM platform, which the vendor says offers a more tailored approach for clients and advanced functionality for managing business risk, particularly in high risk areas such as corporate actions, pricing and data quality. “The new version is based on user group feedback and is set to tackle specific…
Agile Master Data Management: A Better Approach than Trial and Error? By Kelle O’Neal, managing partner at First San Francisco Partners
Market leading corporations are embracing master data management (MDM) to help make use of their information assets and strengthen their competitive position. Others are either in early stage planning or at risk of lagging behind those who already dominate their markets. Although still an emerging technology, MDM is quickly becoming a mainstream tool in light…
Interactive Data Makes Pricing Data Available Through ValueLink’s PriceValidation, Adds Valuations for ETNs
Interactive Data Corporation had a busy Sifma with regards to its pricing and valuations business lines, as well as signing a deal with ValueLink to make data from its Pricing and Reference Data business available through ValueLink’s PriceValidation service, the vendor also announced that it will now deliver indicative intraday valuations for exchange traded notes…
WM Datenservice Provides Access to WM-DatenOnline Portal for Vwd Group Customers
WM Datenservice, a German financial information service provider, and vwd group, a systems provider of financial market data and solutions, are offering all users of the high performance vwd market manager direct access to WM Datenservice’s browser based financial information portal, WM-DatenOnline. Vwd Group customers now have the option of accessing WM-DatenOnline by concluding a…