Data Management Insight Blogs The latest content from across the platform
Pecs Cytron Leaves DST International
Pamela Pecs Cytron has left her role as executive vice president at DST International, a role she joined just last year. Prior to DST International, Pecs Cytron was at SunGard’s Front Capital Systems as managing director of the Americas, and senior vice president, sales and general manager, North America for Netik.
Lind Leaves Industry Analyst Role for Vendor Side
Tim Lind has left The TowerGroup to join enterprise data management company GoldenSource. In his new role, Lind is senior vice president for product strategy, responsible for strategic planning, market research, competitive intelligence and product positioning. He will report to executive vice president Mark Zill, and will operate from both New York and Boston. Lind…
Xcitek Hires Sheppard as COO
Xcitek has appointed Neil Sheppard as chief operating officer with responsibility for managing the company’s corporate actions software XSP in Europe, in support of the European growth strategy. Prior to joining Xcitek, Sheppard has held a variety of project management, product and business development roles in corporate actions at Magenta One, UBS, Morgan Stanley, Dresdner…
Markit Hires Meldrum for Acquisitions & Strategic Direction
Markit Group has hired Will Meldrum as director of acquisitions and strategic development, pointing to further acquisitive activity by the credit markets pricing vendor. Meldrum previously worked at Deutsche Bank for four years as director and head of global markets strategic investments. In this role, he was involved in the original sale of the collaborating…
ING Funds Picks FTID Fair Value Service
ING Funds has chosen to use FT Interactive Data’s Fair Value Information Service to support the funds’ fair valuation procedures for equities held in their international portfolios. FT Interactive Data’s Fair Value Information Service is designed to assist mutual funds, which must value foreign securities after their local market close (when market events may influence…
Soliton for Sale in Early Sign Of Consolidation Of the Reference Data Management Industry
Reference and time-series data management provider Soliton is looking for investment from a strategic partner, or a potential outright sale of the company. Early signals, at the time of Reference Data Review’s press time, suggest the vendor has appointed an investment banker – Kirchner & Co. – to proactively contact potential suitors. The Canadian-based company…
Outsourcing Becoming Viable Option, New A-Team Survey Says
Effective reference data management is a tough challenge for most financial institutions, but is outsourcing it to an experienced partner a viable option? It appears it is indeed an option that many reference data managers – 95% of those surveyed by Reference Data Review – would consider, signalling a fundamental shift in the attitude towards…
Reference Data Review First Words
The potential sale of Soliton could be a sign that our favourite industry – namely reference data management – is reaching early stages of maturity. Such consolidation is essential to the industry’s development and the ultimate aim of sorting out our data problems and automating securities processing. The proliferation of solutions providers over the past…
Xenomorph Targets U.S. With New Subsidiary, Office
Derivatives data management specialist Xenomorph is establishing itself in the U.S. with a new subsidiary Xenomorph Software, and a new New York-based office. Greg Johnson, sales and marketing director of Xenomorph says, “We already have a number of investment banking clients in the U.S. as a result of contracts with their European offices, as well…
Soliton Enhances TimeSquare For Basel II Compliance
Soliton has enhanced its TimeSquare data management service to include an off-the-shelf cross-reference data model and cross-referenced ratings data to ensure credit risk compliance for Basel II. The cross-reference data model allows for the integration of multiple data vendor feeds using their proprietary identifiers, as well as supporting cross-referencing to other industry identifiers. It also…