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COR Acquires STP Firm One-Ten

London-based COR Financial Solutions, a developer of banking, securities and asset management software, has acquired international STP software firm One-Ten as part of its acquisition-fuelled growth plan. One-Ten’s products include the Salerio e2e STP solution, which it says is used by 25 asset management and outsourcing firms including Capital International and Crédit Lyonnais Asset Management….

Isis Settles On DST For Data Loading And More…

ISIS Asset Management has expanding the use of DST International’s products throughout its entire fund management operation, including the HiData data management solution as well as the related HiInvest front office system, HiMessaging STP and HiPortfolio back office solution, which will be used to support its outsourcing services for Friends Provident. ISIS worked with DST…

Events Register Reference Data on The Barometer Of Industry Concerns

For many involved in the financial technology industry, the arrival of the DWT Show is like the hearing the first cuckoo, a sign that Spring is in the air. It’s been an age since the Christmas party season, and DWT is perfectly timed for getting out and meeting colleagues in both the formal parts of…

Cicada, Algorithmics Set Details of Venture to Supply Cleansed Data in Risk Solutions

Cicada and Algorithmics are working to finalise the details of a new jointly-owned company they plan to establish, that will develop and provide multi-source clean, structured data and managed risk solutions to users of Algorithmics’ Algo Suite of products. A third partner, Investors Guaranty is funding and supporting the venture. The alliance, announced during April,…

Soliton Sees Opportunity Rise Through Collapse Of Reuters Reference Data Management Venture

Soliton plans to leverage its data acquisition technology and expertise to target the reference data management solutions space that Reuters is leaving behind. When one door closes, another one opens – an old saying but one that has real meaning behind the doors of Soliton’s offices. After a significant amount of time and effort spent…

Software Vendors Rush To Integrate Telekurs’ VDF

Telekurs Financial’s Valordata Feed has been integrated into the products and services of competing data integration specialists Asset Control and Financial Technologies International. The pair have taken different approaches to the mapping and integration, and there is divergence in the way they are promoting themselves and their respective strategies. FTI has focused on building a…

London Stock Exchange Unveils Draft Pricing For Enhanced SMF

The London Stock Exchange has published a draft licensing and pricing policy for its enhanced Sedol Masterfile (SMF) service, to be introduced next year. The new proposals provide for a one-off enterprise licence priced at £50,000 a year, which will be cost-effective for a firm with four or more subsidiaries using greater than 10,000 Sedol…

Xcitek Promotes Price, Schachter

Charles Price and Craig Schachter have both been promoted to senior vice president at corporate actions data provider Xcitek. Price, who has been with the company for 16 years, sees his role expanded from director of client services and sales support to encompass global sales. Schachter, who has been with the firm for eight years,…

FTI Hires Celent Analyst For Competetive Research

Financial Technologies International has hired Fritz McCormick as a competitive research analyst, dealing with marketing and strategic policy. Formerly an analyst at Boston-based Celent Communications he will be working out of FTI’s Boston and New York offices.

Strong Addition To HelioGraph

STP and financial messaging vendor HelioGraph, has appointed Simon Strong as programme manager for its corporate actions product eVent. Previously at TCA Consulting, Strong has worked in financial IT development and consultancy for over 15 years.