A-Team Insight Blogs The latest content from across the platform
Kx Systems to Offer Testing for London Stock Exchange Trade Data
Kx Systems has forged a relationship with the London Stock Exchange that will allow institutions to use Kx’s data analysis capabilities to test trading strategies using LSE historical trade and quote data. Kx has had a similar arrangement with the New York Stock Exchange for several years.
CSK Software, Telekurs Team Up to Offer Integrated Access to VDF Data
CSK Software and Telekurs Financial are collaborating to offer Telekurs’ VDF data feed via CSK’s X-Gen integration solution. Using X-Gen, VDF clients will be able to integrate securities master, corporate actions and pricing information more easily with their existing applications.
Deutsche Borse Mulls Offering Reference Data Services
Fresh from its acquisition of Clearstream International, Deutsche Borse is considering launching a reference data service to complement its planned corporate actions and new-issue data services. These latter two services will be offered to vendor redistributors, some of which are currently testing the service for German and Luxembourg equities and fixed-income instruments. Deutsche Borse hopes…
Thomson Financial Upgrades Datastream Infrastructure
Thomson Financial has implemented an IBM Z990 mainframe to boost capacity of its Thomson Datastream historical database. The upgrade has increased capacity by 35%, offering clients faster response times. Additionally, Thomson has introduced Internet access to Datastream data using the Point-to-Point Tunneling Protocol (PPTP). Thomson says German retail bank Nassauische Sparkasse has signed up to…
FTI Wins at Franklin Templeton, M&G
Financial Technologies International (FTI) has chalked up two wins for its StreetReference reference data management platform. Investment manager Franklin Templeton will integrate StreetReference into its existing implementation of FTI’s StreetBooks client records data store. Meanwhile, M&G Investment Management will use StreetReference as part of its so-called Data Mart database of fixed-income securities terms and conditions….
SSI Database ‘Last Big Challenge,’ Industry Participants Believe
The audience at a recent industry conference hosted by bond trading platform Tradeweb, heard that the adoption of a standard settlement instructions (SSI) database represented that “last big challenge” facing those seeking to realize straight-through-processing. Tradeweb has an interest in SSI through its AccountNet service, which helps firms using its electronic bond trading system to…
ADP Wilco Expands Outsourcing to Reference Data Management
ADP Wilco has expanded its ASP outsourcing business to adopt a more comprehensive business processing outsourcing approach. Targeting smaller brokerages, ADP Wilco will offer such back-office tasks as instrument pricing and securities and corporate actions reference data management, as well as trade capture and reconciliation. Rather than a full back-office outsourcing approach, the ADP Wilco…
Dow Jones Indexes-iBoxx Talks Hit Rocks over Name
Talks about a collaboration between Dow Jones Indexes and iBoxx hit the rocks earlier this month when the two sides failed to agree over the name of the new index they were planning to create. Dow Jones Indexes, with its Trac-x indices, and iBoxx both cover the credit default swaps marketplace. The two have been…
IBM Builds on Reference Data Initiative with Basel II Suite
Hot on the heels of its reference data deal with Dresdner Bank (Reference Data Review, January 2004), IBM this month launched a suite of data management solutions designed to cater for institutions seeking to comply with the Basel II operational risk regulations. The new suite – with the snappy name of Risk & Compliance-Basel II…
Reference Data’s Role in the Centralization of Operations
It’s always fun to hear TowerGroup’s Tim Lind expound on any aspect of the securities operations business. Tim has an uncanny knack for making what’s mundane to many, well, fun. This month’s performance – for it was one – was courtesy of SunGard EPI, the unit of the financial software monolith that deals with transactions…