Mellon Financial has combined its Mellon Analytical Solutions (MAS) business with the Eagle Performance system. The move follows Mellon’s acquisition of Russell Investment Group’s 50% share in the Russell/Mellon joint venture last September. The combined offering provides portfolio and mutual fund performance measurement, performance attribution, index data management and portfolio analysis and reporting to institutional…
CheckFree Corp. is to embed CheckFree eVent into its next-generation Enhanced Portfolio Lifecycle platform to aid corporate actions processing. CheckFree EPL is an advancement of its existing asset management system that will deliver a global multi-transaction/ multi-currency portfolio accounting solution. The inclusion of eVent will allow clients to automatically receive, validate and process corporate actions,…
Data management platform supplier Soliton Inc. has introduced a credit data management module for its TimeSquare system that combines credit risk ratings and issuer data with legal entity and counterparty data from CounterpartyLink (CPL). The new TimeSquare module rationalizes, stores and aggregates CounterpartyLink’s legal entity and counterparty data. The CPL data is then linked credit…
Volante Technologies has fully configured and optimized its products for use with SpikeSource Spike Stacks to create an open source infrastructure. Volante’s data management products, which run in J2EE and .Net environments, now carry Java, Apache and MySQL components, providing solutions for financial services based on business-ready open source infrastructure, with end-to-end testing and a…
Thomson Financial has signed an agreement with ValueLink to provide its Datafeed solutions as a primary source via ValueLink’s validated data service in Europe. As a result, ValueLink’s clients will now be able to commingle Thomson’s financial content with their own proprietary content and that of other third-party sources of data, which are integrated in…
FT Interactive Data Europe has successfully completed testing of its latest ISO 15022-formatted corporate action files in partnership with Xcitek’s XSP. Testing of the available ISO 15022 event types was undertaken between FT Interactive and Xcitek throughout January prior to the latest release of FT Interactive Data’s ISO 15022 service, with the aim of enabling…
GoldenSource Corporation is expanding its Offshore Total Centre (OTC) in Mumbai, India, in partnership with TCGIvega Information Technologies (TCGIvega). To address an increased demand in its development, customer support, professional services and other back-office support functions in Asia, the OTC has moved into a new facility located in Mumbai’s technology sector.
The strategic relationship between Interactive Data Corp.’s FT Interactive Data unit and credit data specialist Markit has borne its first fruits. As expected (Reference Data Review, January 2006), FT Interactive Data has released a valuations service for credit default swaps that draws on Markit’s access to around 50 CDS dealers in the marketplace. The launch…
CDS IndexCo consortium and Markit Group have launched CMBX, a synthetic index of U.S. commercial mortgage-backed securities (CMBS) with an initial group of 14 market-making banks. Markit will serve as the central source of information about CMBX, and will utilize cashflows from Trepp. As with ABX, a home equity loan-linked index based on various asset-backed…
The Olayan Group, a Saudi multinational, has decided to implement TAP Solution’s TAPMaster platform as its core reference data management system for its asset management operation. The deal is the first for TAP for some time, following its big win at Morgan Stanley (Reference Data Review, January 2005). At Olayan, TAPMaster will become the company’s…