A-Team Insight Blogs The latest content from across the platform
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…
IBEI Suppliers Tout Their Wares At London Gathering
A number of suppliers of business entity identifiers got together to tout their wares to a small assembled crowd of practitioner firms in London earlier this month under the ISITC banner. Although there is an ISO process underway for a naming convention related to International Business Entity Identifiers (IBEI), this is a slow process and…
EDI Deal with GlobeTax Adds Withholding Tax Data
Exchange Data International has entered an agreement to become the exclusive partner for GlobeTax’s withholding tax data and services for use within EDI’s data services. The new service will be available online as part of EDI’s e-Data Suite of products and will “offer a searchable matrix of over 43 million data points of withholding and…
Sydbank Selects AIM Software’s Data Management Software
Danish Bank Sydbank has chosen AIM Software’s data management system to enable it to fulfil the requirements of the EU Savings Tax Directive (EUSD – see Reference Data Focus insert, this issue). The deal sees AIM’s Gain DataDeskop being installed with integration to price, static and corporate actions data from Telekurs Financial’s ValorData Feed (VDF),…
Enterprise Data Management Council Established
A new Enterprise Data Management (EDM) Council has been established by over 20 representatives from corporate and investment banks, asset management companies, and competing industry vendors. The development has been led by GoldenSource, SunGard and IBM. The aim is to use the council as a forum to discuss the best practices for standardising and integrating…