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EDM Council Taps Institutions For Membership Fees For 2007
In a move that may go some way towards countering criticism that its vendor-funded status stands in the way of its ability to establish industry standards for enterprise data management, the EDM Council is beginning a planned shift from a vendor-funded model to a membership model. Its base of vendor sponsors is already expanding. BearingPoint…
Ex-Interactive Data Man Smith Returns to Market Data Industry at Valuelink
Valuelink Information Services, UK provider of validated data solutions, has appointed Ashley Smith business development manager, reporting to CEO Stephen Choate. Smith spent 14 years at Interactive Data Corp, leaving in 2002.
ADP Strengthens its Commitment to Proxy Processing with Two New Hires
ADP Brokerage Services Group has appointed two new business development managers to focus specifically on its specialised proxy processing service. Ania Breuksch and Dogan Sevil become senior representatives for international business development and sales, reporting to Hakan Benito Sapmaz, director of international business development, ADP International Shareholder Communications.
Howarth Joins Thomson Financial from Instinet, as MD Asia-Pacific Operations
Thomson Financial has named Mark Howarth managing director of Asia-Pacific operations based in Hong Kong. Howarth comes from a nine year stint at Instinet, where he was most recently managing director, Asia ex-Japan. He reports to Donal Smith, president, Europe and Asia, Thomson Financial.
Evaluations Heavyweight John Lynch Leaves Bloomberg
John Lynch, hired by Bloomberg just months ago to head a team of analysts spearheading the development of a pricing evaluations business (Reference Data Review, April 2006), has parted ways with the company. No comment was available from Bloomberg, beyond the assertion that its evaluations strategy remains in place. But this must be viewed as…
Industry Groups Tailor Reference Data Standards Efforts to MiFID
The Reference Data Subject Group (RDSG) of the MiFID Joint Working Group is spearheading efforts to make entity and instrument identification standards a reality in time to ensure industry readiness for MiFID. A body of analytical work that began at the end of July is scheduled to be completed before year end. The RDSG produced…
Cicada Positions Profiler to Help with MiFID Obligations
As the first UK clients prepare to go live on Profiler, Cicada’s client data solution originally designed to help financial institutions comply with anti-money laundering (AML)/know your customer (KYC) regulations, the vendor is positioning the system as a solution for MiFID compliance. “Part of MiFID is certainly price transparency, but another part of it is…
Xcitek Creates New Role for Fred Falcones
Fred Falcones has joined Xcitek in the newly created role of product specialist for XSP. In his new role Falcones, formerly senior project manager of global custody/corporate actions for ICS Consultants, will be responsible for leading review workshops, conducting product demonstrations and providing technical expertise to support all aspects of XSP, as well as providing…
Northern Trust Hires Andress from Commerzbank to Head Up Global Derivatives Operations
Northern Trust has hired Stephen Andress to head up its global derivatives operations. He will oversee the strategic development of its back office derivatives processing infrastructure, team and capabilities. The role is new and has been created by Northern Trust in response to the increasing use of derivatives by its investor and fund manager clients….
As Schueneman Leaves Omgeo Management Board, Merrill’s Devine and Northern Trust’s Doan Step Up
Omgeo has appointed John Devine of Merrill Lynch and Marianne Doan of Northern Trust to its board of managers. Diane Schueneman of Merrill Lynch, a five year veteran of the board, has retired her position due to increased leadership responsibilities at her firm. The 12 members of the board are responsible for representing the interests…