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Markit RED Available to Murex Clients
Mutual customers of Murex and Markit Group Limited (Markit) can now access Markit credit pricing and reference entity data (RED) through Murex’s credit derivatives trading and risk management platform. The strategic relationship between the two companies will give joint customers online access to benchmark credit default swap (CDS) and bond pricing as well as reference…
Citadel Forges Interface to FundWorks Client Reporting Platform
Citadel Associates and FundWorks have developed an interface between their respective data management and client reporting platforms. The link will allow clients of Citadel’s Cadis data management platform to control enterprise data flows, data quality and data storage, and provide the foundation for FundWorks to configure and generate high-quality client reports on validated data. The…
Decentralized Data May Cost Firms $600 Million Annually
Decentralized reference data operations and the effects of faulty data on operational risk and capital requirements could be costing financial services institutions an astonishing $600 million each annually, according to the findings of a recent research paper. The paper – titled Operational Risk and Reference Data: Exploring Costs, Capital Requirements and Risk Mitigation – claims…
FactSet Opts for Telekurs VDF To Support Securities Master File
As it continues to expand its own information services offerings, Norwalk, Conn.-based FactSet Research Systems Inc. has opted to use Telekurs Financial’s Valordata Feed to augment the securities master file it uses to underpin management of the numerous internal and external data sources it uses. As well as augmenting its security master file, FactSet will…
DSTi Adds to U.K., French teams
Buy side solutions firm DST International (DSTi) has added two people to its sales teams. Vincent Stefanovic joins DSTi in Paris as business development manager for France, focusing on expanding DSTi’s presence in France and French-speaking markets. Alan Williamson, meanwhile, joins as sales executive, where he will focus on DSTi’s risk performance solutions in the…
Ex-Reuters Senior Exec Ken Byrne Joins Calypso
Ken Byrne has been appointed executive vice president of worldwide field operations for Calypso Technology, a provider of front-to-back-office trading solutions. Based in New York, Byrne will be responsible for global sales and professional services worldwide. His experience includes running his own consulting practice in addition to holding senior roles at Reuters during 13 years…
iSpheres Hires Burgos from SunGard STP Area
Tick data management provider iSpheres has hired John Burgos as senior sales engineer. Burgos, with experience in networks, STP and payments systems, was previously with SunGard. He will support New York area clients.
Soliton Provides 24/7 Support In Outsourced Master File Deal
Soliton Inc. has signed the first round-the-clock client for its managed reference data services offering. The implementation, now live after a three-month evaluation period and three months of training, involves a dedicated Soliton staff handling data cleansing and normalization processes for the investment management division of an as-yet unidentified fund manager in the U.S. According…
Reuters Datascope’s Ken Barnes Appointed VP, Business and Planning, at Wombat
Ken Barnes, formerly of Reuters’ DataScope reference data product group, has joined Wombat Financial Software, a low-latency data delivery provider. Reporting to Danny Moore, COO, he assumes responsibility for global marketing and communications, competitor and market analysis, sales process management and channel development and management. He will also manage several Tier 1 accounts in the…
Wang Departs Capco for Citigroup
Samuel Wang, managing principal and head of global marketing at Capco, has left the company to join Citigroup in an undisclosed role.