A-Team Insight Blogs The latest content from across the platform
Telekurs (U.K.) Poaches Incarico from FT Interactive Data
Telekurs Financial has hired Ciro Incarico has joined the new-business sales team for the company’s U.K. subsidiary. Incarico joins Telekurs (U.K.) Ltd. from FT Interactive Data’s Boston sales office, where he spent the past three years as account/relationship manager, having worked for the FT Interactive Data for seven years.
Case Study: Henderson Global Centralizes Using DISL Integral
Henderson Global Investors, a mid-sized U.K. investment management firm, is about a third of the way through an almost three-year project to revamp its data management procedures across the board. With its back office outsourced to Cogent, Henderson’s focus was on the data used to support its front and middle offices, including the investment management,…
Case Study: Deutsche Stresses Strong Governance Approach
Deutsche Bank expects to complete its wide-ranging DB Reference Data Programme – launched in 2002 and encompassing a single model for client, instrument and organizational data – by the first quarter of next year. In developing its plans for the project, Deutsche took care to acquire management buy-in, establishing a Corporate Reference Data Governance Forum…
Soliton Links to Counterparty Data From CreditDimensions
Reference data management firm Soliton is adding links from its instrument data to legal entity data, through a new partnership with CreditDimensions. The two firms are launching the (as yet unnamed) joint product at this month’s Securties Industry Association (SIA) Technology Management Conference at the New York Hilton, which will provide clients with a consolidated…
BNP Paribas Securities to Use City Networks for Exceptions
BNP Paribas Securities has rolled out City Networks’ CityNet Investigation workflow management system, aimed at automating exceptions generated by the reconciliation process. Through the implementation, BNP is seeking to reduce its institutional clients’ operational risk among other benefits.
Euroclear Taps Accenture for Single Settlement Engine Help
Euroclear has selected Accenture to provide application development sourcing services as part of the Brussels-based depository’s single settlement engine project. Under the plan, Accenture will help develop a platform that will host Euroclear’s Single Settlement Engine. The project is due for completion – with help from a yet-to-be-determined second strategic sourcing partner – in 2006….
Soliton Extends TimeSquare to Handle FT Interactive Data
Reference data management supplier Soliton has added FT Interactive Data’s securities pricing feeds in the U.K. and Europe to its TimeSquare platform. The move is part of Soliton’s drive to add the major data vendors to its library of acquisition workflows. The term ‘acquisition workflow’ refers to the end-to-end process of loading, mapping, checking and…
WestLB Spinoff NRW Bank Opts for SunGard ePI for Reconciliations
NRW Bank – based in Germany’s North Rhine-Westphalia region and spun off by the recent reorganization of WestDeutsche Landsbank Girozentrale – has selected SunGard ePI’s IntelliMatch platform for automated reconciliations. IntelliMatch reconciles transaction data with back-office systems, drawing upon a core reference database to identify traded securities (Reference Data Review, March 2004).
HSBC Opts for Accurate NXG for Reconciliations
HSBC plans to install Accurate Software’s Accurate NXG reconciliation system across several units within its corporate, investment banking and markets (CIBM) division. The platform is aimed at improving operational control and reducing exposure to operational risk.
Mizuho International Picks XcitekSolutionsPlus for CA Automation
London-based Mizuho International has signed up for XcitekSolutionsPlus’s XSP platform for automation of corporate actions data, marking the second European contract for the U.S.-based vendor this year. The selection followed evaluation of “several corporate actions system providers,” according to John Sweeney, executive director of securities services at Mizuho. Invesco’s European offices signed up for XSP…