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IDC Hires Hajducky as CFO, Unleashing Crane to Head FT Interactive Data
Interactive Data Corp. has named Andrew Hajducky EVP, CFO and treasurer, paving the way for his predecessor, Steven Crane, to take over as president of FT Interactive Data, as planned. Both will report to Stuart Clark, president and CEO of IDC. Crane is expected to work closely with COO John King and head of sales…
Marks to Quit Swift
Catherine Marks has resigned from Swift to pursue other options, and will leave the company this month. She held the position of SwiftSolutions Manager, Asset Servicing, and has been instrumental in dragging Swift into the world of data distribution. Before joining Swift, she spent several years at Telekurs, Telesphere and Bridge Information Systems.
Former FTID Europe Sales Head Peck Emerges to Head Quantifi’s New London Office
Credit derivatives analytics provider Quantifi has opened its new London office and named John Peck, formerly global sales director at Informa Global Markets, as head of European sales. Reporting directly to Rohan Douglas, founder and CEO of Quantifi, Peck will focus on building on Quantifi’s already established London presence and supporting its aim of product…
Cantor Fitzgerald and German-Based Asset Manager Opt for Xcitek XSP
Cantor Fitzgerald Europe and an unnamed German-based asset manager have selected XSP from Xcitek to automate their corporate actions processing. XSP will be implemented within Cantor Fitzgerald’s wholesale brokerage services group, BGC Partners. Meanwhile, the German-based asset manager has licensed both eTRAN and the ISO 15022-compliant messaging module for the automated notification and response capture…
Goldensource Powers IBM’s Back Office Services as Part of Revitalisation Program
Lending credence to its ‘Powered by’ concept, Goldensource has secured IBM Canada as a client for its data management platform to underpin IBM’s back office processing software. IBM’s Securities Industry Service (SIS) division will be using the platform to support its range of brokerage processing applications and services as it kicks off its ‘Revitalisation Program’,…
Mizuho Securities USA Picks TAPMaster for All Instruments
Mizuho Securities USA has selected TAP Solutions’ TAPMaster platform to manage its entire database of historical market and reference data. The win is a coup for TAP, representing its first major win since it was accepted for Morgan Stanley wide-ranging Securities Master Service (SMS) reference data platform implementation (Reference Data Review, January 2005). Institutional broker/dealer…
Standard Terminology Still Eludes the Reference Data Business
Reference data – it’s all about the enterprise… or is it? According to some it’s now all about centralisation. CDM – or centralised data management – is now emerging as the new term to compete with EDM – enterprise data management. And why? Commercial interests of course, getting in the way of what was an…
Working Group Aims for U.K. Compliance with Corporate Actions Standards
A new U.K. Market Implementation Group (UKMIG) is aiming to harmonise U.K. national rules and practices relating to corporate actions processing, including distributions, shareholder rights and company reorganisations. The group, jointly chaired by the British Bankers’ Association (BBA) and CrestCo, is aiming to implement measures to remove Barrier 3, as set by the 2003 report…
TheMuniCenter Picks FT Interactive Data For Reference Data
TheMuniCenter will utilize FT Interactive Data’s Securities Information Retrieval Service (SIRS) as the primary source of reference data for its electronic fixed income trading marketplace. Clients of TheMuniCenter will now be able to access a wide range of fixed income securities, including U.S. government, municipal and corporate bonds. The new service will also be leveraged…
Markit Buys Automated Trade Processing in Communicator Acquisition
Markit Group has acquired Communicator, a New York-based provider of automated systems for OTC derivatives trade processing. The deal will enable Markit to combine its pricing data and valuations in credit, equity, OTC derivatives and structured finance with Communicator’s automated trade processing systems. The transaction will provide clients with enhanced trading and risk management capabilities…