A-Team Insight Blogs The latest content from across the platform
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…
Reuters DataScope Adds Convertible Bond Terms and Conditions
Reuters has enhanced the convertible bond data it makes available through its Reuters DataScope reference data product line and other platforms. The enhancements, made in conjunction with convertible bond market specialist Mace Advisers, add the latest terms and conditions for a broad range of convertible bonds globally. The terms and conditions, which are complex and…
Singapore Exchange Adopts Swift Network for Corporate Actions
The Singapore Exchange next month will begin distributing its corporate actions data over the Swift network using the ISO 15022 standard format. The exchange will use Swift for delivery of Singapore corporate actions, mostly dividends and payment announcements, but will add other corporate action data types such as rights issues later. The exchange joins the…
Johannesburg Exchange Awards Reference Data Deal to Accenture
The Johannesburg Securities Exchange (JSE) has awarded Accenture a two-year contract to consolidate its reference data architecture onto a new platform. The project will also involve the South African exchange’s information reporting, clearing, accounting and administration systems. The new platform will be built using available technology products and custom applications. The deal comes as the…
Causeway Capital Uses ASP to Access Eagle Data Hub and Applications
Causeway Capital Management, with $12 billion under management, has gone live with Eagle Software’s accounting, portfolio reporting, and performance measurement applications, all accessed via the Eagle Access ASP service. The capabilities include the Eagle Pace data hub for data management and portfolio reporting, as well as the Eagle Star investment accounting solution, and Eagle Performance…
Datawatch Releases New Versions Of Monarch Data Analysis Tool
Datawatch Europe has announced the release of version 8 of its Monarch data analysis tool, which allows users to extract, analyze and export data from any electronic report without the need for programming. The standard edition supports export from reports; the professional edition uses reports, spreadsheets, databases, ODBC data sources, HTML files and PDF files…
Tenfore Offers Historical Tick Data for Equities, Derivatives and FX
U.K.-based data feed provider Tenfore Systems has unveiled a new historical tick data service, provides intraday pricing for equities, derivatives and foreign exchange going back to the beginning of December 2003. Tenfore says the data is free of any judgemental cleansing and so closely represents the original source. Tenfore has sourced and stored data from…
Vanguard Group Opts for BMC For Data Management
Mutual fund company Vanguard Group has implemented an enterprise data management platform using BMC Software’s Log Master for DB2. The platform streamlines the firm’s complex data environment into a single repository. The data relates to shareholder accounts, and was previously stored in multiple database, files, tapes and platforms. Vanguard has around $800 billion under management…
U.K. Broker Williams de Broe to Use Mondas for Corporate Actions
Williams de Broe will use Mondas’ Radica CAPS corporate actions automation platform and its Election Management Portal under a five-year licensing, services and support deal valued at around £350,000. The U.K. stock broker’s decision followed a lengthy evaluations process involving several vendors. The deal makes Williams de Broe the second client to adopt the new…
Watch out for MiFID, the industry’s greatest challenge since Y2K By Gary Wright, managing director, CityCompass Research
In case you are not aware, the EU’s Markets in Financial Instruments Directive, or MiFID, has been under discussion and review for a number of years. It is not an understatement to say that MiFID will entail fundamental change to all securities markets within the European Union. The changes in both business practice and the…