RegTech Insight Blogs The latest content from across the platform
Steven Crane Resigns from Interactive Data…
Steven Crane, president of Interactive Data Corporation’s Pricing and Reference Data business, has resigned to accept a position as chief financial officer of a publicly traded, Massachusetts-based company outside the financial information industry. Stuart Clark, Interactive Data’s president and chief executive officer, will temporarily assume Crane’s position as president of the company’s Pricing and Reference…
COR FS Revamps Salerio for Improved Ref Data Management
COR Financial Solutions (FS) has unveiled a new release of its Salerio post-trade exception management solution which includes a new user interface, enhanced search capabilities and easier navigation around standing data tables, designed to make reference data easier to manage. According to Lee Runciman, head of business development at COR FS, standing settlement instruction (SSI)…
Reuters to Lose Enterprise Information Head Kevin Bradshaw
In a move that has caught the reference data community by surprise, Kevin Bradshaw has resigned his role as global head of Enterprise Information at Reuters and will leave the company shortly. It is understood Bradshaw is moving to a different industry. Reuters offers no comment yet on whether he will be replaced by an…
Who’s Ready for SEPA? By Andrew Foulds, head of client services, CB.Net
As the Single Euro Payments Area (SEPA) deadline looms, there is a sense of panic growing among organisations, many of which are not prepared for the significant changes that will be required for payment processes. While corporates may be aware of the EU Directive and SEPA’s impending 2008 deadline, many have yet to devise a…
Mellon, Eagle, Telekurs Team up To Integrate VDF into PACE
Mellon Financial has selected the Valordata Feed (VDF) from Telekurs Financial as part of its enterprise-wide global reference data infrastructure. Mellon is using VDF to integrate a range of securities reference data – including security descriptions, ID cross-reference and corporate actions – into Mellon’s Eagle PACE data management platform, provided by Mellon subsidiary Eagle Investment…
FIMA Speakers Preach Pragmatic Approach to Data Quality
One of the most memorable pronouncements at FIMA 2007 in New York last month came from a speaker from a major investment management firm who, when asked from the floor how big a problem it is for the data management industry that there are still no global standards for security and entity identification, replied: “Unnecessary…
NewSouth Capitalises on Advent Corporate Actions Upgrade
NewSouth Capital Management has implemented the newly enhanced version of Advent Corporate Actions (ACA) from Advent Software, as well as migrating to Advent Portfolio Exchange (APX). NewSouth Capital Management, which manages approximately $1.4 billion in assets, has been a client of Advent Software since June 1986, when it was one of Advent’s first 100 clients…
Swiss Re Asset Management Implements DSTi Data Platform
DST International’s (DSTi’s) Investment Data Platform on Oracle has been implemented at Swiss Re Asset Management (SRAM). Swiss Re has been a DSTi client for nine years. DSTi’s specialist asset management technology has been used to build an investment data hub to streamline the firm’s existing complex data architecture. The solution is comprised of a…
Eagle Joins Charles River Partner Integration Programme
Eagle Investment Systems has become a member of Charles River Development’s (CRD’s) partner integration certification program. The certification is based largely upon the development of standardized interfaces between the Charles River Investment Management System and Eagle PACE and Eagle STAR. The interface between the platforms provides a bi-directional flow of reference and accounting data and…
Interactive Data to Acquire Xcitek Market Data Business for $25.3M
As predicted in Reference Data Review last month, Interactive Data Corporation has agreed to buy the market data division of Xcitek and the market data assets of its affiliate Xcitax for $25.3 million in cash. The acquisition does not include XcitekSolutionsPlus (XSP), the corporate actions software company affiliated with Xcitek, or Xcitek Consulting Services, both…