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Paladyne Names Simmonds to Head Europe

Paladyne Systems has named David Simmonds, formerly of Misys to head its new London Office.

PolarLake Apponts Brazel as Chairman

PolarLake has appointed Patrick Brazel, an industry veteran of 25 years, as chairman. Brazel is also chairman of GoldTier.

Williams Departs as U.K. MD of Citadel Associates

Jean Williams, U.K. managing director of buy side data management solutions vendor Citadel Associates, is no longer with the company. At press time, her whereabouts could not be ascertained.

Buzzelli to Depart Mellon to Join Reuters

Brian Buzzelli, who has led Mellon Financial’s foray into provision and management of reference data as part of its securities administration services offerings, is leaving the custody bank to join Reuters’ enterprise data group as part of the DataScope team. Further details weren’t available at press time.

Koch Quits Telekurs Just Weeks after Assuming New Marketing Policy Role

Telekurs Financial veteran Beat Koch has decided to leave the company. Koch most recently was head of the Swiss vendor’s global marketing policies & project function, a role he assumed under a major reorganization this spring. Before that, he was head of Telekurs Financial’s U.K. operating subsidiary and had led other subsidiaries in the past….

Markit Completes Integration Of ABSReports Data Services

Following its acquisition of deal reporting service ABSReports at the beginning of the year (Reference Data Review, January 2007), Markit, provider of data, portfolio valuations and OTC derivatives trade processing, has launched what it says is the first integrated pricing and performance monitoring service for the European asset-backed securities (ABS) market in a move it…

Reuters’ New JRisk On Demand Offering Packages Broad Coverage of Evaluations, Terms and Conditions

Reuters’ new JRisk On Demand, a tailored risk management solution for hedge funds developed by the Applied Networks unit that it acquired last year, not only delivers real-time risk management tools directly to individual managers’ desktops, but aims to provide “enormous” cost benefits to clients through access to Reuters reference and terms and conditions data. …

Performance Measurement Emerges as Beneficiary Of Rimes’ Hosted Data Management Platform

Swiss private bank Pictet & Co. has emerged as one of several asset management organizations that have applied Rimes Technologies SmartFiles custom data file service to their performance attribution operations. Rimes’ SmartFiles is providing firms like Pictet with a normalized and aggregated feed of benchmark, pricing and other data sourced from numerous and disparate suppliers,…

Xenomorph Adds IDC Data Services To TimeScape Management System

Xenomorph is to make Interactive Data’s Pricing & Reference Data services available to users of its TimeScape multi-asset data management and analysis software platform. The two recently concluded discussions that have been ongoing since last autumn, and Xenomorph is now prioritizing the addition of Interactive Data’s services according to client requirements. Under the deal, users…

PolarLake Unveils OTC Derivatives Solution Based on Reference Data Distribution System

Dublin-based PolarLake has tailored its reference data distribution capabilities to create a trade lifecycle solution for the OTC derivatives marketplace. The new platform provides integration of FpML (Financial Products Markup Language)-based trade messages, reconciliation and trade matching, and business process management for OTC derivatives. According to CEO John Randles, the new platform emerged from the…