Data Management Insight Blogs The latest content from across the platform
Disparate Markets and Complex Trading Call for Smarter Exceptions Management – Contributed by Coexis
Disparate markets and complex trading call for smarter exceptions management, argues Donal O’Brien, business development director of Coexis. If Societe Generale’s reference data systems had been a bit wiser to the activities of its users, could the actions of Jerome Kerviel and the French bank’s subsequent £3.7bn loss have been avoided? The need for increasingly…
Fitch Solutions Launches ABCDS Pricing
In order to meet the growing demand for an independent source of pricing data that covers the global ABS product spectrum, Fitch Solutions has launched Fitch ABCDS Pricing to complement its existing single name CDS and Loan CDS services. Fitch ABCDS Pricing includes coverage of over 7,500 ABCDS combining consensus pricing for liquid issues with benchmarking…
ValueLink Hires Mike Rhoden for BizDev
ValueLink Information Services, provider of managed data solutions, has appointed Mike Rhoden business development manager, reporting to head of business development Ashley Smith. Rhoden brings industry experience gained at Trading Screen and Moneyline Telerate.
Xtrakter Names Jinks Director, Commercial Operations
Xtrakter, part of the ICMA group of companies, has appointed Richard Jinks to the position of director of commercial operations. Xtrakter is planning a range of new data services based on its recently completed new data warehouse. Jinks previously held senior positions at Misys, Omgeo, Checkfree and BT Global Financial Services, where he was involved…
LakeFront Data Ventures (LDV) Adds Richard Bennett as LakeFrontData Associate
Richard Bennett has joined the LakeFrontData Partner Program as a LakeFrontData Ventures (LDV) associate partner. Bennett, most recently, was working with Standard & Poor’s, assisting the data vendor with its global equity index platform environment. In his new role Bennett will be concentrating his efforts on expanding and supporting the LDV enterprise data consulting business.
Capco’s Dizdarevic Left “Partner Without Portfolio” By Sale of CRDS to Netik
Predrag Dizdarevic, previously partner and president of Capco Reference Data Services, has been left as “partner without portfolio” following Capco’s sale of its managed reference data services arm to Netik. He is now styling himself “independent consultant”.
Benelux’s Petercam Goes Live with KEYdata from Sterci for Centralised Data Management
Switzerland-headquartered STP software vendor Sterci says Benelux-based private banking and asset management institution Petercam has been using its KEYdata solution for reference data management since January 2008. Sterci is known less as a reference data specialist than as a provider of trade process automation solutions – though it also boasts Euroclear Bank as a KEYdata…
GoldenSource Adds Raft of New Connections to Support Risk Management, Ease EDM Implementation
Enterprise data management system supplier GoldenSource has introduced a series of connections to sources of high risk/high value data in areas such as derivatives, risk, pricing, corporate actions and counterparty data, with the addition of the Standard & Poor’s (S&P) Cusip Master File database, Markit RED, RIMES Fixed Income Benchmarks data platform, Bloomberg Extended BackOffice,…
Paladyne Systems Wins Symphony Reference Data Repository Deal
Paladyne Systems, a solutions provider for the hedge fund industry, has licensed its Paladyne product suite to Symphony Asset Management, an investment advisor to a number of institutional accounts. Symphony will implement Paladyne Security Master as its centralised repository for global security terms and conditions including all listed and OTC security types as well as…
Markit Teams with Six Dealers on Valuations Platform To Improve “Cumbersome” Aggregation, Distribution
The latest in a flurry of initiatives bidding to improve the valuations process in the wake of the sub-prime crisis and the credit crunch comes from UK market data vendor Markit Group which in a now-familiar modus operandi is working with six Wall Street banks to launch a global, multi-bank, cross-asset client valuations platform. The…