A-Team Insight Blogs The latest content from across the platform
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…
BNP Paribas Securities Services Live on ValueLink OTC Data
BNP Paribas Securities Services has gone live with an outsourced OTC derivatives data service from ValueLink. The service became operational in December, and since then ValueLink has been working with BNP Paribas to fine-tune reporting based on the requirements of the fund administrator’s own clients, according to the vendor’s operations director Trevor Beach. ValueLink’s outsourced…
S&P, ICAP Ally to Add Trade Data to Evaluated Prices
Standard & Poor’s has teamed with interdealer broker ICAP to offer ICAP’s pricing data on a range of instruments via MasterFeed, its consolidated securities reference data and end-of-day pricing feed service. This will enable the data vendor to provide its clients with both trade data and evaluated prices via a single feed, says JR Rieger,…
Northern Rock Signs Three-Year Deal with CounterpartyLink
The UK’s Northern Rock has entered into a three-year agreement to take legal entity data from CounterpartyLink. The deal includes additional data from CounterpartyLink’s new version, 1.4, enhanced to support clients in complying with the Third EU Money Laundering Directive and MiFID (Reference Data Review, March 2007). The data will initially be used in the…
Japan’s SPARX Group Live on GAIN, AIM Reports More POCs
Tokyo-based asset manager SPARX Group has implemented the GAIN data management platform from Austria’s AIM Software in a project lasting just 10 days. GAIN is handling Asian equities data from Bloomberg and data from the local Japanese Toyo Keizai feed, and ultimately SPARX may deploy GAIN as a centralised data hub across its operations. According…
AIM Adds EDI, Reuters DataScope Select to GAIN
AIM Software has released version 4.0 of its GAIN financial data management platform. The latest release offers a golden copy management platform with functionality for data scrubbing, control and improvement of data quality and standardization of reference data and pricing data, and adds two additional financial data feeds: EDI and Reuters DataScope Select.