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Dolan Joins GoldenSource Team in Sales & Marketing
Pat Dolan has joined GoldenSource as vice president EMEA sales and marketing. Here he will report directly to chief executive officer Mike Meriton. Dolan was previously global head of sales at Strategic Communications Software, and has previously worked at Cognotec, Dow Jones and Standard & Poor’s.
Yaron Takes Over from Esler at Bear Stearns
Bear Stearns’ managing director and principle Paul Yaron has become the new head of reference data services following the departure of Peter Esler earlier this year (RDR, May 2005).
Crammond to Spearhead Markit’s Asia Pac Development
Markit continues to expand its Asian practice, with a new office opening in Singapore to be run by David Crammond. Crammond joins from ABN Amro, where he was head of structured asset sales for the Asian region. Before then, he was based in ABN’s New York office, running structured credit sales. At Markit, he will…
S&P Further Boosts Securities Evaluations Group with Dooley Hire
Standard & Poor’s Securities Evaluations group has added Michael Dooley to its Interest Rate Swaps pricing team. Dooley has previously worked at firms including Prudential Securities, Sumitomo Bank Securities, and Massachusetts Mutual Life Insurance Company. He joins a growing team following more hires last month (RDR, May 2005). Prior to bringing Dooley on board, Standard…
Banc of America Securities Endorses Outsourcing With SunGard Reference Data Management Deal
Banc of America Securities is putting its money where its mouth is by signing up as the first client for SunGard’s Managed Data Service, and effectively endorsing the outsourcing model for reference data management. BAS had previously indicated its support for outsourcing services by becoming a charter member of SunGard’s data management advisory panel (Reference…
Outsourcing: The Time is Now?
Is outsourcing for reference data management an idea whose time is coming? This is a question we were keen to ask our faithful Reference Data Review readers when we set out in April to do another one of our surveys. We measured the views of sell-side, buy-side and custodian firms in the U.K., Mainland Europe…
Xcitek Adds Interface to DTCC’s GCA Service…
Xcitek has extended its relationship with the DTCC to add support for its Global Corporate Action (GCA) Validation Service. Support will be offered in Xcitek’s latest version XSP 4.6 corporate actions management service. It has also partnered with Tap Solutions where Tap will build a feedhandler to load Xcitek’s corporate actions and municipal actions data…
…While Tap Adds Morningstar to Data Roster
Meanwhile, Tap is also building a feedhandler to Morningstar’s database of independent investment research. The development will enable Tap to provide access to Morningstar’s fund reference, operations, holdings, performance and other data covering stocks, mutual funds, variable annuities, closed-end funds, exchange-traded funds, separate accounts and college savings plans.
FT Interactive Data Results Show Continued Growth
FT Interactive Data’s parent Interactive Data Corp. has reported results for the first quarter ended March 31. Its revenues grew 8.5 percent over last year’s quarter to $86 million. Its North American revenues grew 8.5 percent due to continued demand for evaluated and descriptive services. Europe showed improved performance with revenues growing by 8.7 percent.
SunGard Adds ETF Data to Fame
SunGard has added U.S. and international exchange traded funds (ETF) data from the DTCC to its Fame Time Series Database. The data is collected each night as sponsors of ETFs report net asset value and component information to the DTCC’s subsidiary, National Securities Clearing Corp. (NSCC). Fame collects and enhances this data to be maintained…