Data Management Insight Blogs The latest content from across the platform
Bear Stearns Taps Fidelity For Corporate Actions Data
Bear Stearns has signed a two-year agreement for access to Fidelity ActionsXchange’s corporate actions data and processing solution. The big U.S. investment bank will implement the Fidelity service in support of its global equities and fixed-income operations. Boston-based Fidelity ActionsXchange, a subsidiary of Fidelity Capital, will provide Bear Stearns with access to its proprietary platform…
Telekurs’ Reference Data Via Gain Chosen by Lava Trading
Reference data is reaching all aspects of the trade lifecycle, and transaction engines are a fast-growing consumer. This was most recently demonstrated by Lava Trading’s recent adoption of AIM’s data management platform in order to incorporate Telekurs Financial’s data into its transaction engine. New York-based Lava Trading, now owned by Citigroup (see sister newsletter Transaction…
EDM Council Reconvenes To Review Research
After a seemingly long period of silence, the Enterprise Data Management (EDM) Council reconvened to discuss progress in a meeting held by its new Executive Advisory Board (EAB). Still in the ‘research’ phase, the group has come to some conclusions on potential initiatives to focus on, and hopefully will now progress to the ‘action’ phase….
Standard & Poor’s Builds on European Evaluations with West, Gonggrijp Hires
Getting serious about evaluations in Europe, Standard & Poor’s has beefed up its evaluations team with the addition of James West and Roderick Gonggrijp. West joins as senior structured finance evaluator and Gonggrijp as senior corporate evaluator. Prior to this, both West and Gonggrijp spent five years at competitor FT Interactive Data. West will initially…
Price Joins Xcitek as Application Support and Implementation Manager
Xcitek has hired Steven Price, previously IT manager at Magenta One. There, he was responsible for the IT infrastructure at Magenta One’s London and Jersey offices. For Xcitek, Price will be based in London and will be application support and implementation manager for its flagship software solution XSP. Price will report directly to Neil Sheppard,…
Bloomberg Adopts Stealth Approach to Add Evaluated Pricing Service to Data Arsenal
Acknowledging its lack of reliable pricing data for illiquid securities, Bloomberg is quietly building a team of analysts in preparation for a product launch in the pricing evaluations business. The move follows the lead of long-time evaluations provider Interactive Data Corp. (FT Interactive Data) and recent moves by Reuters, Standard & Poor’s and others, and…
FTID Enters Business Entity Data Fray with Avox Deal
Getting in on the business entity data act, FT Interactive Data Europe has teamed up with Avox (formerly known as Azdex) to link issue to issuer and parent data. The deal brings them into the competitive realm of the likes of the Crosswalk joint venture and CounterpartyLink, and is in direct response to yet another…
’Tis the season for evaluations…
Spring is in the air – well it certainly is down in the South West of France where this issue comes to you from. And ’tis the season to be excited about pricing evaluations it seems. Just a quick glance at this month’s table of contents will show how this space is really hotting up….
Exchange Data and CounterpartyLink Join Forces with New Service
Exchange Data International (EDI) and CounterpartyLink (CPL) have joined forces to provide an integrated data service providing EDI’s corporate actions and reference data linked to and supplemented by legal entity data from CounterpartyLink. The new service is designed to help financial institutions comply with anti-money laundering (AML) and know your customer (KYC) regulations, and puts…
Loan Market Association Selects Markit to Deliver European Data
The Loan Market Association (LMA) has selected Markit Group to provide its members with European loan prices. The new pricing service, freely available to LMA members via a dedicated page on Markit’s website, will provide close to 6,000 loan prices daily, drawn from price contributions from over 40 leading market-makers in Europe, North America and…