A-Team Insight Blogs The latest content from across the platform
Cusips Adopted as Numbering Scheme In New Syndicated Loan Service
The Loan Syndications and Trading Association (LSTA) has teamed up with Standard & Poor’s to launch a new service that provides Cusip and Cusip-based ISIN numbers along with core descriptive data for syndicated loan deals and facilities. Currently the syndicated loan market uses different IDs to represent in the same credit in proprietary systems used…
Due Diligence Repository to Provide KYC Data for Compliance
A new Due Diligence Repository has been created to provide banks with ‘know your client’ data needed to carry out compliance checks. The service has been developed by Bankersalmanac.com and in association with the Wolfsburg Group – a group of twelve global banks working towards standards for various regulatory requirements. It aims to provide a…
XSP Signs Up First European Hedge Fund Polygon; Licenses to BB&T
XcitekSolutionsPlus has signed up its first hedge fund client in Europe as Polygon Investment Partners licenses the XSP software system for corporate actions processing. The global hedge fund advisor will interface XSP’s service across its London and New York offices through its already-installed FundManager portfolio management system from Beauchamp Financial Technology. Says Manuel Guerrero, head…
CB.Net Enters Raft of Partnerships With Omicronn, ACE, Azdex, iMeta
CB.Net has entered partnerships with a number of software providers in the past month including Omicronn, ACE Software Solutions, Azdex and iMeta Technologies. Omicronn will be integrating CB.Net’s international payments directory service BankSearchPlus into its Trax STP Enrichment Software for use within its corporate and banking clients. ACE Software Solutions will be integrating the data…
Soliton Signs Joho Capital; Expands Telekurs Fixed Income Interface
We’re certainly hearing more and more about outsourcing utilities for managing reference data coming onto the market. Just a quick flick through this issue will show SunGard planning their new Fame-based rMDS, and Accenture set to launch their MRDS service based on Asset Control’s platform. Capco also recently outlined its MDS plans following the acquisition…
Deutsche Bank Evaluating Data Management Platforms for Risk Processes, Decision Q1, 2005
Deutsche Bank is currently evaluating a number of reference data management solutions to source, cleanse, manage and distribute data for use primarily within its risk management functions. The vendors have responded to a Request for Information (RFI) and a decision is expected to be made in the first quarter of 2005. Deutsche Bank did not…
Standard Chartered Opts for Asset Control’s PriceMaster
Standard Chartered has selected Asset Control’s AC PriceMaster to manage multi-sourced price data and generate risk factors for financial markets globally. The first phase of the implementation is projected for completion at the end of the year. According to Rajesh Bhatia, group head of market risk at Standard Chartered, the bank “is (active) in more…
Telekurs (USA) Teams with XcitekSolutionsPlus to Offer ISO 15022 Data
Telekurs (USA) Inc. and XcitekSolutionsPlus have extended their five-year relationship through the integration of the Telekurs Valordata Feed (VDF) service through the XSP corporate actions platform. While Telekurs-provided corporate actions data has long been available via XSP, the new deal means that ISO 15022-formatted messages will be offered to users of the platform for the…
The Arrival of Autumn, and Change Is in the Air
Getting this issue of Reference Data Review written, edited, printed and shipped to Atlanta for Swift’s massive Sibos event was always going to be a challenge. Getting this issue to Sibos and conducting a sweeping survey of industry attitudes has been a gargantuan task – but what a fun one. As you can see from…
A-Team Survey Highlights Issues Facing Reference Data Managers
Regulations – and not straight-through-processing, and the potential for operational efficiencies – are driving financial institutions to grasp control of their reference data management processes. Reference data initiatives are increasingly driven by senior management – often at board level – mostly through fear of regulatory censure should they fail to comply with the new regulations….