A-Team Insight Blogs The latest content from across the platform
Vermeg Secures Luxembourg’s Fideuram for Corporate Actions
Vermeg revealed its Megacor corporate actions solution is being used at Luxembourg-based Fideuram Bank. The service is being used to support Fideuram Bank’s new function as a global sub-custodian for another depository bank, an activity it began in early 2004. It uses Megacor to capture and produce ISO 15022-formatted corporate actions messages. This is the…
SunGard’s Invest One Sources Fair Value Data From FT Interactive Data
FT Interactive Data has secured another client for its Fair Value Information Service in the form of SunGard Investment Management Systems. The Fair Value Information Service will be integrated into SunGard’s Invest One accounting and reporting software to support the fair valuation requirements of SunGard’s mutual fund customers.
Tokyo Stock Exchange Joins Others Delivering CA Data via Swiftnet
The Tokyo Stock Exchange (TSE) is joining the London Stock Exchange and Johannesburg Stock Exchange in making its corporate actions data available via Swiftnet. Its Tokyo Market Information (TMI) service was launched in ISO 15022 format in 2001 and is used as a primary source of Japanese corporate actions data.
Telekurs (USA) Integrates TB II Corporate Actions Into N-Tier Securities
Telekurs (USA) has entered a strategic alliance with N-Tier Securities to integrate Telekurs’ TB II corporate actions flat-file feed into N-Tier Securities’ corporate actions and STP software solutions. The joint solution has been tested and deployed by a New York-based broker/dealer and custodian. N-Tier is planning to extend its interface to Telekurs’ full compliment of…
Asset Control Interfaces to Swiftnet
Asset Control last month introduced Swiftnet functionality to its data management services. The functionality will enable Swiftnet users to aggregate data, such as corporate actions and vendor-provided market data delivered over that network into the AC Plus survey, alongside other data sources, in both industry standard and proprietary formats. It will also simplifies the process…
OPERS Shortlists Eagle and DST For Data Management System Purchase
The Ohio Public Employee Retirement System (Opers) has narrowed down the list of vendors it is considering to provide a centralized data management and portfolio accounting solution. Eagle Investment Systems and DST International are said to have made the shortlist. Opers, which has $60 billion in assets under management, currently maintains multiple securities master files…
FTI’s StreetEnterprise Disappears In GoldenSource Rebranding
Financial Technologies International (FTI) last month rebranded its entire product suite from StreetEnterprise to GoldenSource in an aim to emphasize its data management capabilities. According to FTI, this is in recognition of the fact that firms are facing significant regulatory and compliance challenges, as well as considering opportunities to drive new revenue streams with new…
Cusips Adopted as Numbering Scheme In New Syndicated Loan Service
The Loan Syndications and Trading Association (LSTA) has teamed up with Standard & Poor’s to launch a new service that provides Cusip and Cusip-based ISIN numbers along with core descriptive data for syndicated loan deals and facilities. Currently the syndicated loan market uses different IDs to represent in the same credit in proprietary systems used…
Due Diligence Repository to Provide KYC Data for Compliance
A new Due Diligence Repository has been created to provide banks with ‘know your client’ data needed to carry out compliance checks. The service has been developed by Bankersalmanac.com and in association with the Wolfsburg Group – a group of twelve global banks working towards standards for various regulatory requirements. It aims to provide a…
XSP Signs Up First European Hedge Fund Polygon; Licenses to BB&T
XcitekSolutionsPlus has signed up its first hedge fund client in Europe as Polygon Investment Partners licenses the XSP software system for corporate actions processing. The global hedge fund advisor will interface XSP’s service across its London and New York offices through its already-installed FundManager portfolio management system from Beauchamp Financial Technology. Says Manuel Guerrero, head…