Data Management Insight Blogs The latest content from across the platform
Temenos Appoints Popple, Christodoulou for European Operations
Steve Popple, previously sales director at reference data management platform supplier GoldenSource (formerly Financial Technologies International), has joined Swiss core banking systems vendor Temenos as director of business development, Central and Eastern Europe. Popple, an industry veteran of 23 years, will report to Noah Krahenmann, and will be based in the U.K. Another new arrival…
Capco Expands its Managed Services Capability in Europe
Capco, has announced two senior appointments in its managed services business. Neil Innes, who most recently spent seven years at Deutsche Bank, joins as a product manager within Capco Reference Data Services, based in London. Eric Bohner, meanwhile, a founding partner of Capco, has been named head of managed services sales for Europe.
CSFB’s Bottega Jumps Ship to Assume Mantle of Chief Data Officer at Citigroup’s CIB Unit
CSFB’s John Bottega has left the firm for pastures new. Bottega has jumped ship and landed at Citigroup’s Corporate & Investment Banking (CIB) unit, as chief data officer, the first time we’ve encountered this title in our industry. In this role, he’ll be responsible for planning and managing CIB’s data strategies, policies and line functions,…
CIBC to Implement GoldenSource as Third Leg Of Counterparty Data Management Facility
CIBC World Markets has secured the final leg of its data management platform for handling entity data. The firm – the capital markets arm of Canadian Imperial Bank of Commerce – is implementing GoldenSource’s Customers and Counterparties solution at its New York offices as the central data maintenance and storage application in support of the…
DTCC ‘Golden Copy’ Repository is Good News for Credit Markets
News that the Depository Trust & Clearing Corp. plans to build a central repository for holding so-called golden copies of trade details for the OTC derivatives marketplace – and in particular for credit derivatives – will be welcomed by industry participants. Certainly, the credit derivatives marketplace has been crying out for help in getting its…
DTCC Plans Data Repository for Credit Derivatives Trade Information
Stop Press: The Depository Trust & Clearing Corp. (DTCC) has unveiled plans to create a single data repository for trade data covering over-the-counter derivatives transactions. The proposed utility would become a central industry trade information warehouse, containing the golden copy of each OTC derivative trade, with an initial focus on credit derivatives. Access to the…
Wells Fargo Adopts I-flex Reveleus Data Structures
Wells Fargo has implemented a platform from i-flex’s Reveleus unit to support its credit capital calculation application in order to meet its Basel II requirements. Underlying the platform is a set of data structures, business rules, computations and definitions that is expected to help the U.S. bank comply with the advanced internal ratings-based approach of…
Reference Data Spending to Continue at Highs for Two Years
Rest assured. The boom years aren’t over yet. Financial institutions will continue their high rate of spending on reference data projects for the next two years as drivers such as operational risk and regulation continue to force firms to clean up their data acts. That’s the conclusion of a new survey from TowerGroup, which said…
BNP Picks Xyleme for Derivatives Data Management
BNP Paribas has selected Xyleme Inc. to provide data management for the bank’s derivatives operations. The big French bank will use Xyleme’s XML-based platform to integrate trade data for reporting of profitability of specific financial instruments or client risk exposure.
CheckFree eVent to Support LSE’s ISO 15022 CAs Feed
CheckFree Corp. has released an enhanced version of CheckFree eVent, which now supports the London Stock Exchange’s ISO 15022 corporate actions data feed. The data covering UK-based corporations is delivered in near real-time over the Swift network using the MT564 notifications messages.