Data Management Insight Blogs The latest content from across the platform
Hirschfeld Leaves Citadel for Asset Control
David Hirschfeld has joined Asset Control as senior vice president of operations, a vendor that his previous firm Chicago-based Citadel Investment Group selected for data management services (Reference Data Review, December 2004). In his new role, Hirschfeld will be involved in initiatives including the turnkey solutions program, Asset Control Solutions Center for product demonstrations and…
Cicada Continues Sales Team Expansion in Europe, U.S.
Cicada is continuing to expand its sales team, hiring Steve Rosenburg as director, America sales, Eija Hietavuo as European sales director, and Bruce Hawkins as business consultant, managing pre- and post-sales support efforts. Rosenburg was previously with Reuters’ Enterprise Information Products Solutions group, and held senior sales roles at Bridge. At Cicada, he will report…
Standard & Poor’s Bolsters European Securities Evaluations Team
Standard & Poor’s has bolstered its European Securities Evaluations group with the addition of two senior managers to the team. Annabel Saunders is named associate director, and Ciro Incarico is named director of fixed income evaluations sales in the group. Saunders has previously worked at Reuters and FT Interactive Data, where she had been responsible…
Capco Names Parthasarathy as Country Manager, India
Capco has named Padma Parthasarathy as country manager in India, based in Bangalore, and reporting to partner and executive vice president, business process outsourcing and sourcing development Gopi Chelliah who joined a few months ago (Reference Data Review, March 2005). Parthasarathy will be responsible for developing Capco’s relationships with India’s banking sector as well as…
Xcitek Hires Jones for Product Management Group; Gyngell in Europe
Larry W. Jones has joined corporate actions firm Xcitek as senior vice president of its product management group, responsible for managing the product roadmap. Although not from a corporate actions background, Jones spent 18 years at HP/Compaq Computer Corp. within its global services division, as well as Integrated Medical Systems International and Adea Solutions. He…
Should the Registrars Become a Data Vendor? By Gary Wright MSI, CityCompass Research
The problem with data in the securities industry today is there is too much of it coming from too many different sources and in too many different forms. The cost therefore of gaining the data you want and need, has never been greater and this is in the 21st Century with the world of the…
Markit Establishes Tokyo Office, Led by Mizutani
Markit Group has hired Katsumi Mizutani to head the company’s new Tokyo office and manage business development in Japan. He joins from TD Securities, where he was managing director and head of credit derivative structuring and customised solutions in Tokyo. Prior to that, he was at Deutsche Bank in the capital markets team. Also joining…
Russell/Mellon Adopts Citadel’s Cadis Platform To Support Index Data, Performance Measurement
Russell/Mellon has become the second subsidiary of Mellon Financial Corp. to purchase data management product Cadis from Citadel Associates. Cadis is being used across the range of index data services and performance measurement solutions at Russell/Mellon. The data management product is helping to streamline data operations internally, and will also become a component of Russell/Mellon’s…
RDUG Joins ISITC, FPL, FISD To Forge MiFID Working Group
The Reference Data Users Group (RDUG) has thrown in its cards with three other industry lobby groups to form a joint working group to address compliance issues spurred by the European Union’s Markets in Financial Instruments Directive (MiFID), whose implementation date of early 2007 is causing ructions within the securities industry operations community. Writing exclusively…
It’s MiFID Mania
We first got wind of the MiFID directive at an industry roundtable discussion about reference data a little while back. There, our old friend Colin Wright of the Information Providers User Group (IPUG) innocuously raised the question of transparency for internally matched trades. The look of puzzlement on the faces of the industry practitioners at…