TradingTech Insight Blogs The latest content from across the platform
IDC’s Strategic Deal with Markit Provides Cooperative Framework
This month’s data redistribution deal between Interactive Data Corp.’s FT Interactive Data and Markit Group belies a more strategic alliance, than at first it appears. The agreement gives FT Interactive Data clients access to the models Markit uses for its bond valuations as well as use of Markit’s own credit default swap, credit index and…
Convexity Adopts Asset Control’s AC Plus as Starter Pack
Newly launched hedge fund Convexity Capital Management’s selection of Asset Control’s AC Plus platform is aimed at setting in place a reference data infrastructure that to underpin the fund’s expansion into new areas of business. Convexity implemented AC Plus in under two days, and is using the system as its central repository in support of…
State Street, SSISearch to Offer Standard Access to SSI Data
State Street Corp.’s State Street Global Markets trading arm has teamed up with SSISearch to offer a so-called open industry standard for standard settlement instructions and other settlement information. The move brings State Street and SSISearch into the currently underserved area of standard settlement instructions, which has seen several industry initiatives take flight, but none…
Baer, Winterflood Pick ValueLink For Price Data Management
Julius Baer Investment Ltd. (JBIL), an investment management arm of the Swiss bank specializing in fixed-income securities, has selected ValueLink Information Services to provide daily pricing collection for its closing portfolio valuations. Meanwhile, Winterflood Securities has said it will use ValueLink’s Shares in Issue service, which provides data validation of third-party feeds. At JBIL, ValueLink…
Xcitek Installs Piraino as SVP Sales Operations
Frank Piraino has joined Xcitek as senior vice president with responsibility for managing client relationships and sales operations for the company’s flagship corporate actions software solution in New York. He was previously vice president of global sales operations and marketing for GoldenSource Corp.
FISD Names TAP Solutions’ Alvarez to Board
The Financial Information Services Division (FISD) of the Software and Information Industry Association has named Marc Alvarez, EVP products and marketing at TAP Solutions, to its board as chairman of its Securities Model Working Group.
HyperFeed Technologies Announces New Office in London
HyperFeed Technologies has announced the opening of a new European sales office in London, and named Heetesh “H” Rawal as managing director, sales, Europe. The move will enable development of HMDP and OCC (TRS and Active8 licensed products from Telerate, now a part of Reuters), which complements HyperFeed’s HTPX ticker-plant offering in the European market….
Barclays Global Investors Sets Asset Control At Centre of Global Reference Data Repository
Barclays Global Investors’ selection of Asset Control’s AC Plus for a planned central data repository marks the fruition of a year of research and evaluations to create a global platform for reference data and time-series data management. BGI will kick off its global implementation in January, with the platform – covering both equities and fixed-income…
NRW, Bankgesellschaft Berlin Adopt Actis. BSP’s ProDB Platform
NRW.Bank, the largest of Germany’s regional development banks in terms of assets, and Bankgesellschaft Berlin, a regional corporate bank, have gone live with BSP ProDB from Actis.BSP, a German provider of core banking and capital markets systems. Both banks will use the BSP platform to handle securities descriptive data and corporate actions information. BSP ProDB…
Data Management Steps Up a Gear
We can’t help but feel that the reference data marketplace has, over the past few months, stepped into another plane. When we launched Reference Data Review almost three years ago (yes, three years!), the market was full of talk and devoid of action. Looking back at our coverage in 2005, we’re proud to see RDR…