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JPMorgan’s Chief Data Officer Peter Serenita Gets to the Hub of the Matter
JPMorgan Chase has taken an “operational hub” approach to centralising reference data for its wholesale business, which has improved efficiencies and reduced costs, with most business units seeing “paypack within one to two years”, said Peter Serenita, chief data officer, JPMorgan Worldwide Securities Services, who shared his experience at FIMA 2006 in London earlier this…
Citadel Notches Up Three New Clients for CADIS Solution
Citadel Associates, provider of data management solutions to investment managers, has chalked up three deals for its CADIS system in recent weeks, with AMVESCAP, the Canada Pension Plan (CPP) Investment Board and another as yet unnamed major buy side. Citadel says these wins prove the validity of its Investment Solutions Layer concept. The CPP Investment…
How can you manage what you can’t measure?
John Bottega, chief data officer at Citigroup Corporate and Investment Bank, got FIMA 2006 in London off to a lively start earlier this month with a rousing speech congratulating the assembled reference data managers on how far they’ve come. Indeed, the invention of chief data officers is in itself a testament to the fact that…
Credit Dimensions Revealed as Reuters’ Counterparty Data Partner
Reuters confirms it is working with Credit Dimensions to bring to market its counterparty data service, now scheduled to launch in the Q1/Q2 timeframe next year. Kevin Bradshaw, global head of Enterprise Information at Reuters, says the vendor is in advanced discussions with several major bulge bracket firms both in Europe and the US which…
Ness Improves Data Acquisition and Extraction in FDE Platform
Ness Technologies has unveiled an enhanced version of its reference data management platform Financial Data Enterprise (FDE). New features in FDE 3.0 include an improved data acquisition interface enabling users to dynamically map, cleanse and transform incoming data in various formats to their underlying database models, an improved exceptions and workflow management interface and a…
Trace Ties Up With Telekurs, Reuters For ISO 15022 CA Data
Trace Financial and Telekurs Financial have worked together to offer enhanced delivery mechanisms for the Telekurs Financial Valordata Feed (VDF). As a result of this effort, VDF corporate actions information can be mapped directly to a customer’s business system through the Trace Financial Transformer application, using a data dictionary approach, the partners say. Telekurs Financial’s…
DSTi/Markit Alliance Enhances Risk and Performance ASP
DST International and Markit Group have agreed to provide Markit’s CDS, bond and index pricing data via DSTi’s Risk Management and Performance Measurement ASP service to mutual customers.
New Cusip Now Service Delivers Free 15 Minute Updates
The Standard & Poor’s Cusip Service Bureau has unveiled Cusip Now, an issue alert service available free to all licensed Cusip customers from December. Cusip Now uses push technology to deliver new Cusip issues and reference data to market participants every 15 minutes. The service delivers Cusip data via FTP downloads to client databases and…
Siperian, CounterpartyLink Partner on Legal Entity Data Management
California based Siperian has forged an alliance with CounterpartyLink under which CounterpartyLink’s global legal entity data can be fed directly into Siperian’s counterparty master data management solution Siperian Hub. According to the partners, this alliance will support financial institutions’ efforts to comply with anti-money laundering, know your customer and Basel II regulations as well as…
AIM, Reuters Automate Reference Data for Corporates
AIM Software and Reuters are offering a reference data service for corporates. Reuters feeds its FX, swaps and interest rates information into AIM’s GAIN platform, while AIM delivers the data in a format which can be downloaded into mySAP ERP.