A-Team Insight Blogs The latest content from across the platform
Growth Spurs Senior Management Shuffle at Xenomorph
Xenomorph, a provider of enterprise-wide data management platforms, has reorganized senior management. The company cites strong growth in credit data analytics, tick data storage and derivatives data management. Under the reshuffle, Brian Sentance becomes CEO and Greg Johnson becomes COO. Chris Budgen, Matthew Skinner and Mark Woodgate, all founder directors, are now chief technical architect,…
Wachovia Banks on Building Blocks Approach To Support Cohesive Reference Data Strategy
Believing a cohesive reference data strategy will give it a competitive edge as well as improving efficiencies as the Corporate and Investment Banking division grows, Wachovia Corp. last year embarked on a three-year initiative to develop strategic building blocks. The aim is to create a solid foundation, much of which will be supporting reference data,…
HSBC’s Goldensource Rollout Starts Extensive Data Program
HSBC has rolled out the first implementation of the Goldensource Enterprise Data Management platform as part of a far-reaching program initiated by the institution to support its growing Corporate, Investment Banking and Markets (CIBM) division. The implementation sees Goldensource providing the underlying data integration platform to support HSBC’s electronic securities trading platform in its first…
Outsourcing Discussion Moves from Hypothetical to Factual…
Just four months since we completed our survey here at A-Team of data managers and their attitudes towards outsourcing (you can find it at www.a-teamgroup.com), we are already starting to see real results within the business. At the time much of the discussion was hypothetical and asked whether financial institutions would consider outsourcing any of…
Deutsche Börse Closes Azdex Deal, Signals Intent in Reference Data
As we’ve previously reported (Reference Data Review, July 2005), Deutsche Börse has now closed the deal to acquire a 51% stake in Azdex, the business entity data and services supplier run by Ken Price. The deal highlights Deutsche Börse’s growing intention to become a player in the reference data space. Although the purchase price was…
Information Mosaic Leads Scores In CityCompass Benchmarking
CityCompass held its third year of the B.I.S.S awards based on its benchmarking of corporate actions systems. Information Mosaic achieved the gold accreditation with the highest all round scores recorded over the past three years for its Cama corporate actions solution, and for the first time in all three industry sectors of broking, custody and…
FT Interactive Data Expands Fair Value to European Funds
FT Interactive Data is making its Fair Value Information Service, until now only available in the North American market, available to European domiciled funds. The company says that three clients are already using the service in Europe. The service provides users with information that can be used to estimate a price that would likely prevail…
Trust Company of Illinois To Track Class Actions
Trust Company of Illinois has selected Xcitek’s Class Actions (XCA) service to address the growing burden of tracking and potentially collecting from securities class actions. Doug Eyles, head of investments at Trust Company of Illinois, said, “After a brief trial period, we decided that XCA could help us to better track developments that might impact…
Reuters Datascope Deal with Odyssey
Reuters has secured another partner software provider in Odyssey Asset Management Systems for its Datascope reference data service. The data will be made available as an optional packaged adaptor via Odyssey’s Triple’A portfolio management system, its Advisor relationship management system and Nexus, its centralised repository for financial data.
AIM Gets Into Corporate Actions
AIM Software has introduced a new module to manage corporate actions data within its GAIN data management platform. The Gain Corporate Actions Dairy System (CADS) will manage corporate actions data delivered in ISO 15022 or other formats. The data will be sourced from a variety of providers including Swift, Telekurs Financial, Reuters, FT Interactive Data,…