Data Management Insight Blogs The latest content from across the platform
Evaluations Expert Rieger Slips Through Interactive Data’s Fingers
Standard & Poor’s Securities Evaluations’ James “JR” Rieger will not, as first announced, be joining Interactive Data Pricing and Reference Data as vice president of evaluated services. Interactive Data was forced to issue a statement contradicting its earlier announcement when Rieger informed them he was pursuing another opportunity.
Leaper, Erman Boost Eagle’s Sales, Professional Services Capabilities
Bank of New York Mellon-owned Eagle Investment Systems has appointed Robert Leaper and Robert Erman to its senior management team. Leaper, senior vice president of global sales, will be responsible for extending Eagle’s business globally around its investment accounting, data management and performance measurement solutions. As senior vice president of professional services for Eagle, Erman…
McGee Suffers Same Fate as Simon as Corero Restructuring Makes CEO Role Redundant
Jarlath McGee has agreed to resign his role as chief executive and board member at Corero, formerly Mondas, the troubled provider of among other solutions the Radica CAPS corporate actions processing system. McGee had himself earlier engineered the removal of Tim Simon, Mondas’s founder. This move follows Corero’s restructuring into two operating divisions – financial…
DPC DATA Adds New Location in Philippines for Securities-Related Data Outsourcing
DPC DATA has launched a new facility in metropolitan Manila to support growth in its data outsourcing business. A vendor of securities data, DPC DATA also provides offshore data management services. The new location brings greater capacity for data processing, strategic knowledge process outsourcing (KPO) and custom IT development, it reckons. The new location is…
Broadridge to Target Counterparty Data
Having teamed with GoldenSource and IBM for the initial launch of its global managed reference data solution to provide instrument reference data (Reference Data Review, May 2007) Broadridge Financial Solutions, formerly ADP Brokerage Services Group, is leveraging the expertise and functionality that exists in the GoldenSource product to launch a counterparty data service in Q1…
Web Services Integration Ties with XSP for Automated Reclaims, Makes Progress with Data Hub Solution
UK-based Web Services Integration and US-headquartered XSP have forged a partnership under which they have integrated their solutions for tax reclamation and corporate actions processing respectively, in order to automate the withholding tax reclaim process within the corporate actions lifecycle. The integration has been eased by the fact that Web Services Integration’s Xceptor Tax Hub…
Standing Settlement Instructions: Bringing the Poor Relation of Reference Data into the Fold
Awareness of the fact that missing or inaccurate standing settlement instructions (SSIs) are a major inhibitor to true straight-through processing (STP) is as long-standing as the industry’s focus on STP itself. Problems with SSIs are still the biggest single cause of reference data-related trade fails, which themselves are the second biggest cause of fails behind…
Wiener Börse Taps Interactive Data To Support MiFID Offer
Interactive Data Corporation’s Pricing and Reference Data business is to supply reference data to Austrian securities exchange Wiener Börse to support its new MiFID OTC transaction reporting facility. Interactive Data’s MiFID related reference data identifies trade venues and their types by location codes, the most relevant market for an instrument, whether an instrument is within…
AIM Software and Italian Partner Implement GAIN at Arner Bank
Lugano, Switzerland-based Arner Bank is implementing AIM Software’s data management environment GAIN for the integration of price, static and corporate actions data provided by Bloomberg and Telekurs Financial. The project is slated for completion in September, with go-live planned for October. Arner Bank is implementing GAIN in conjunction with Galileo – the Security Master File,…
West LB in UAT with Asset Control’s AC Plus, Plans To Go Live for Managing WM, Bloomberg in October
The operations group of German bank West LB AG has begun the roll-out of Asset Control’s AC Plus data management solution to first replace a legacy mainframe system managing feeds from WM and Bloomberg, with a view to using AC Plus to replace an inhouse built centralised data management solution in the longer term. The…