Data Management Insight Blogs The latest content from across the platform
FT Interactive Data’s Peck Steps Down to Pursue Other Interests
John Peck will be leaving FT Interactive Data at the end of this month after six years with the company. At FT Interactive Data he was director of European business, reporting to European head Roger Sargeant. Peck says he is considering other opportunities to work with partners within the financial markets. Sargeant says, “John has…
Accenture MRDS to Complement Corporate Actions, Market Data
Accenture’s plans to roll out a Managed Reference Data Service (MRDS), based aroundon Asset Control’s Acdex outsourced data management offering (Reference Data Review, June 2004), is one of several data management initiatives under way at the big consulting firm. MRDS, for which Accenture has been distributing a white paper discussion document, sits alongside similar ventures…
Quest for Unified Entity Identifiers Gathers Pace as Plans Go to WG8
In the quest for a unified method of identifying international business and legal entities, industry protagonists are pushing forward discussions. Progress has been made by the RDUG/Redac community who have proposed a number of recommend-ations to ISO’s Working Group 8. A group of industry practitioners also gathered at a CityCompass event to discuss various options…
SunGard Forms Enterprise Unit To Develop Former Fame Business
Following its acquisition earlier this year of Fame Information Services, SunGard has unveiled a new corporate structure in the reference and market data area to accommodate its activities in securities administration and pricing services. The company has created a new group, SunGard Data Management Solutions, formed by the merger of Fame and SunGard Market Data…
Cusip License Fee Battle Rages On
The batting to and fro between the International Standards Organization (ISO), the Association of National Numbering Agencies (ANNA) and the Cusip Service Bureau operated by McGraw-Hill’s Standard & Poor’s Corp. continues unabated. The latest barrage comes from ANNA members, who collectively condemned charging for ISIN-based securities identification databases, in what appears to be another thinly…
Reuters to Tag FOW TradeData Using RICs
Reuters has forged a strategic alliance with FOW TradeData, a supplier of fundamental reference data for exchange-traded futures and options. The alliance will see combine around 20,000 of Reuters instrument codes (RICs) with FOW TradeData’s premium futures and options reference data tagged with around 20,000 Reuters instrument codes (RICS), which are now offered as part…
SmartStream Targets Funds with ISO 20022 Support
SmartStream Technologies has unveiled a new capability, based on its Transaction Lifecycle Management (TLM) Process Automation platform, that will help fund managers planning to link to Swift’s Swiftnet Funds Business system exploit the new ISO 20022 messaging standard. The packaged system essentially insulates fund managers’ back-office systems from the complexities of the new standard.
Asset Control Wins Citadel Hedge Fund Contract
Alternative investments hedge fund Citadel Investment Group has selected AC Plus from Dutch reference data management specialist Asset Control to centralize management of its securities data. The deal is an important one for Asset Control since Citadel has agreed to work with the company on further enhancements to its product suite, with Citadel’s hedge fund…
Bureau van Dijk Picks EDI for Corporate Actions Data
Dutch electronic publisher Bureau van Dijk Electronic Publishing (BvDEP) has selected Exchange Data International to supply corporate actions data for the latest version of its Osiris company database. The deal brings EDI’s Worldwide Corporate Actions (WCA) feed to a new audience of front-office corporate finance users; its traditional marketplace is in the back-office corporate finance…
Eagle Investment Systems Wins Alberta Investment Manager
Eagle Investment Systems announced a contract with Alberta Investment Management, the Province of Alberta’s investment management department, with C$40 billion under management. AIM has implemented the EaglePace data hub and portfolio management system for all asset classes, including equities, bonds and derivatives. Separately, Eagle has released version 6.0 of its suite of investment management solutions,…