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Baumann Parts Company with Telekurs Financial; Busk Returns, Sandher Joins

Reto Baumann, long standing sales manager at Telekurs Financial is leaving the company to “explore new opportunities abroad”. Meanwhile, Edward Busk has returned to Telekurs Financial as part of the London sales team focused primarily on third-party relationships. He previously worked with Telekurs in sales between 1993 and 1999, before leaving to join Reuters as…

Arney Joins Xcitek in Recruitment

Joseph Arney has joined Xcitek as vice president responsible for supporting sales efforts in the recruitment of securities professionals within financial institutions on a consulting basis. He previously spent 14 years with the DTCC.

Raeves Surfaces at Goldensource

Goldensource has hired Gert Raeves as vice president of business solutions, based in London. Raeves was previously with CheckFree Heliograph in a product marketing role, as well as with Swift and JP Morgan in various roles. At GoldenSource, Raeves will report to Mark Zill, executive vice president of global software operations.

Church Retires from Cicada After 32 Years in the Business

Martin Church has retired from Cicada, after seven years with the company, and a total of 32 years in the financial information industry. Church established Cicada’s U.K. and European operation in 2000 and served as a board member in other enterprises in the Cicada group of companies. He will continue to serve as a special…

Credit Suisse First Boston’s Data Group Define Processes For Global Entity Data Client

Credit Suisse First Boston’s (CSFB) reference data group has been working to define processes for managing client entity data globally. The project was driven by a decision within CSFB to centralise the client account opening process three years ago, which highlighted the need for a consistent approach to managing the data attributes related to each…

Progress can be made when client firms stand up and speak

Understanding the issues that clients are facing – and how they are going about handling them – gives us real insight into the progress the reference data industry is making. And by identifying trouble spots we can work to make further progress. This is why gatherings of practitioners can be a very useful exercise. It’s…

EUSD: Catch Up on Progress

As mentioned in our special focus supplement of the June edition of Reference Data Review, the EU Savings (Tax) Directive went into effect on July 1, with implications for paying agents on identifying instruments falling under the directive. Data vendors worked with user firms to help by providing tagged data within product modules. FT Interactive…

Reuters Adds Another Third-Party Distributor, Linedata…

Reuters is making its Datascope reference and historical data solution available through Linedata Services. The data will be accessible through Linedata’s Icon fund management system, which covers real-time investment accounting, portfolio valuation, collective investment pricing and management/client reporting. Pete Hudson, head of product marketing at Linedata Services (UK), says, “We are seeing increasing demand from…

…While Rumours Persist of Reuters’ Purchase of Ecowin

Rumours have been circulating that Reuters is in negotiations to acquire Swedish data vendor Ecowin, with whom it recently entered a third-party distribution deal to integrate DataScope data into the Ecowin database (Reference Data Review, June 2005). Reuters is already a distributor of Ecowin’s economic data, and fees between the two vendors are essentially netted…

Accenture Partners with Nikko Systems Solutions in Japan

Accenture has signed a five-year deal to work with local firm Nikko Systems Solutions to establish joint sales and support teams to market and implement capital markets solutions based on the two companies’ service offerings within the Japanese market. A key aspect of the service will be the promotion of Accenture’s Managed Reference Data Services…