A-Team Insight Blogs The latest content from across the platform
Patent Pending Ref Data Utility Offers Risk Mitigation, Seeks Backers
The inventors of an ambitious plan to create a risk mitigating Reference Data Utility for the securities industry are entering a new phase of marketing for their business venture in the belief that financial institutions can be galvanised by the lure of reduced capital and collateral requirements into solving once and for all the age-old…
EDM Council Board of Directors Elect Citi’s Bottega Chairman
Fifteen global financial services institutions have elected to join the EDM Council’s board of directors. As part of the expansion, the new board has elected John Bottega, chief data officer, Citi Markets & Banking, as its chairman. Bottega succeeds Mike Meriton, CEO, GoldenSource, and founding member of the EDM Council in the role of chairman….
CMA Names Paul Vickery Director, Support, Client Services
CMA, provider of credit information, has appointed Paul Vickery as director of support and client services, with a brief to enhance the service CMA provides to its global client base. Vickery joins CMA from GFI, where he was global support and professional services manager.
Swift Shifts Reference Data Strategy Personnel
Swift has made some changes to the personnel handling its reference data strategy. The co-operative has appointed Paolo Bernini head of information products of which reference data is an important component, it says. Peter O’Keefe meanwhile has moved from product management to markets, with responsibility for defining Swift’s reference data strategy – with a particular…
Citadel Signs Principal Global to Data Management Platform
Principal Global Investors has selected CADIS from Citadel Associates as its global data management platform. Principal Global Investors manages $244.9 billion in assets primarily for retirement plans and other institutional clients and is a member of the Principal Financial Group. With CADIS, Citadel’s component-based platform for the management of corporate data – version 5 of…
Hong Kong’s CLSA Picks Coexis Syn~ for Enterprise Ref Data Management, Back Office Replacement
London and New York-based technology vendor Coexis has signed a global contract with Hong-Kong based investment bank CLSA Asia-Pacific Markets for the deployment of Coexis’ Syn~ for enterprise-wide reference data management and securities processing. Syn~ will be the primary processing system for CLSA Transaction Management at its Global Operations Centre in Singapore. Syn~ will then…
Reuters Adds OTC Equity Options Prices to DataScope Select
In its third quarterly release this year of its hosted data management and extraction platform DataScope Select, Reuters has incorporated what it says are significant enhancements to the solution in the areas of OTC equity options pricing and counterparty data. The evaluated pricing services within Reuters DataScope Select have been extended with the provision of…
Interactive Data Leverages Xcitek Acquisition to Offer Intraday Corporate Actions Data
Interactive Data Corporation’s Pricing and Reference Data business has introduced in North America a new service for delivery of corporate actions information to clients throughout the day. The service leverages Interactive Data’s acquisition of Xcitek earlier this year (Reference Data Review, April 2007); intraday delivery of corporate actions data was already on the Xcitek product…
MiFID Increases Depth, Complexity Of Data Management, Firms Say
Data managers are grappling with some “deep and complex” issues related to vital functions such as trade reporting since the introduction of MiFID in Europe, London-based practitioners say. One challenge has arisen in particular, sources say, specifically related to inconsistencies between data issued by data vendors, trade reporting bodies like Boat and the Committee of…
Telekurs Financial Claims MiFID Ref Data is Attracting ‘Steady Number’ of New Clients
Telekurs Financial is reporting good take-up of its MiFID-specific reference data. The vendor declines to be specific on client numbers, but says it is “more than happy” with sign-up rates, and says the MiFID reference data has “attracted a steady number of new clients” across Europe and the rest of the world. The data vendor…