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LSE Throws Celeb Party

Who said that securities identifiers are boring? With A-list celebrities mingling at an event co-hosted by the London Stock Exchange’s Sedol group (with its Proquote unit) we thought that perhaps securities identifiers had hit the big time. Then we realised that the exchange’s choice of location for its information services party – Madame Tussauds –…

Framlington Deploys Heliograph

Framlington, a U.K. investment management firm, has deployed the TradeFlow post-trade transactions management system from Heliograph, developer of the Evare corporate actions processing platform. The system will be used to replace a manual process for handling transaction information.

Mark-it Signs Up 16 Institutions For Project Red

Mark-it Partners has signed up an initial 16 financial institutions to its reference entity database service, known as Project Red, which draws on alphanumeric codes created by Standard & Poor’s Cusip Bureau Service (Reference Data Review, September 2003). The database was founded earlier this year by three institutions – Deutsche Bank, Goldman Sachs and J.P….

Tempo Rises in Global Identifier Standards Race

Readers of Reference Data Review have known for some time that things have been heating up in the securities identifier space. We all knew that London Stock Exchange’s foray into global identifiers from domestic U.K. ones would raise a few shackles. Our own Angela Wilbraham, on Eagle Software’s European road show last month highlighted the…

ANNA Service Bureau to Plug Gaps in ISINs in Bid to Thwart London Stock Exchange

The Association of National Numbering Agencies (ANNA) has confirmed agreement of plans to supplement the ISIN securities identifier data to address the recognized problem of the lack of market-level identification in the ISIN. The move appears to be in response to the London Stock Exchange’s recent initiative to establish its own SEDOL numbering system as…

Royal Bank of Scotland Subscribes to Lombard Risk’s Credit Verifications

Royal Bank of Scotland has subscribed to Lombard Risk Systems’ ValuSpread Credit credit pricing verifications service. ValuSpread has been designed to monitor credit default swap prices for independent verification of traders’ closing prices. The service currently features data for 5,000 global credits, from 29 contributors.

DSTi Adds Bond Attribution Module to HiInvest Portfolio System

DST International has added a fixed-income attribution module to its HiInvest portfolio management system product suite. The system will be marketed as a standalone product, alongside existing HiPerformance andHiRisk products. The new module will support duration and revaluation-based approaches, performing calculations at both the portfolio and security level. DSTi has completed development of a prototype…

J.P. Morgan Securities Australia Opts for XcitekSolutionsPlus

J.P. Morgan Securities has gone live with the XSP corporate actions software from XctekSolutionsPlus at its Australian office. The firm already used XSP at its offices in London and Hong Kong. By adding Australia, J.P. Morgan is now able to process corporate actions electronically between the three operations. The result has been an increase in…

Financial Technologies Rolls Out StreetDirector to Two Clients

Financial Technologies International has rolled out its new StreetDirector transaction lifecycle processing engine at a global brokerage and a large investment bank. The system is part of FTI’s StreetEnterprise suite of services, and draws upon clients’ chosen reference data management systems, books and records, and transactions data to monitor and control the work flow associated…

Slinging Our Hook to Singapore and SIBOS

A palpable sigh of relief was issued by all Swift types early this month when the organization reassured exhibitors, presenters and delegates that its SIBOS conference will go ahead as planned next month. SARS reared its ugly head (hopefully, one last time) with a case in Singapore, raising the spectre that SIBOS Singapore might be…