Data Management Insight Blogs The latest content from across the platform
Industry Veteran Peck’s Efforts at Quantifi Yield Results with First German Bank Win
An increased focus on the European markets is paying dividends for US based Quantifi, provider of modelling, pricing tools and risk analysis for credit derivatives, as it picks up its first German banking client. In June the company opened a new London office and hired John Peck – ex of FT Interactive Data, Telerate and…
Swift to Build Hosted Reference Data Repository, Explore SSIs and Extend BIC to Hedge Funds
Swift is developing a hosted reference data repository to be available on Swiftnet. As part of its 2010 strategy, the co-operative has identified reference data as an important “adjacency” to its primary business lines, an activity on which it should focus to support the ongoing improvement of the quality of messages carried on its network….
Threadneedle Leverages Clean Data for Performance Project
Threadneedle Asset Management is implementing the Eagle Investment Systems performance measurement solution, based upon the foundation of a centralised source of consolidated reference data created using Eagle’s Pace data hub and portfolio management system. Following a project kicked off in Q1 this year, the investment manager has achieved compliance with the CFA Institute’s Global Investment…
What does reference data mean to you?
The concept of enterprise data management is maturing. As Dale Richards, ex of SunGard and now leading a collaboration of small data management software companies under the banner of Lakefront Data Ventures, points out, the pressures of new business development are forcing a redefinition of what EDM means, and what tools are required to implement…
Holmes to Head Up New Cicada Subsidiary Focused on Compliance
Cicada has created a new subsidiary, Profiler Solutions, to focus on compliance. Headed by Cicada executive vice president Hubert Holmes, the new business unit will offer software solutions to help firms meet regulatory requirements around know your customer (KYC) and anti-money laundering (AML), based on its Profiler solution. As reported in Reference Data Review last…
Swift to Kick-Off Prototype CA Message Certification
Later this year Swift will start a certification proof of concept of the Swift Testing and Certification Service for ISO 15022 compliant corporate actions messages. A number of custodians and vendors have com-mitted to having their messages exam-ined by this prototype testing tool. The messages will be tested against the standard Swift verification, and then…
CheckFree/CDS INC Partner on Canadian Corporate Actions Data
CheckFree eVent, CheckFree Corporation’s automation and workflow solution for corporate actions processing, now interfaces with CDS INC’s ISO 15022 compliant corporate actions data feed. CDS INC is a subsidiary of The Canadian Depository for Securities, and supplies Canadian equity and debt entitlements information. As a result of this joint effort, Canadian entitlement data for the…
LDV’s Richards Signs Up ReferenceDataFactory to Collaborative Network
Lakefront Data Ventures – the company founded by ex-SunGard man Dale Richards – has signed up ReferenceDataFactory to its network. ReferenceDataFactory, formerly known as Unity, is made up of ex-FTI/GoldenSource people, and provides a data abstraction layer. It boasts as clients a number of mainstream Wall Street banks, according to Richards, who as part of…
ADP Securities Database Tops 8 Million Instruments
The securities master database ADP Brokerage Services maintains and provides to users of its bureau based Global Processing Solution now contains more than 8 million securities. While 14 GPS clients take advantage of the service ADP also provides it to two non-GPS clients, and has recently secured a contract for its provision to a non-bureau…
EDI Adds GlobeTax Non-Resident Tax Rates to Reference Data Product
Exchange Data International has signed up to StatRate, a new product from withholding tax specialist GlobeTax, in order to include non-resident statutory withholding tax rate data in its securities master file product. StatRate is GlobeTax’s second reference data product. EDI is already a user of its first, e-TaxData Online (Reference Data Review, June 2005), and…