A-Team Insight Blogs The latest content from across the platform
Checkfree Names Three to Sell Heliograph Product Set
Following its recent acquisition of Heliograph, Checkfree has named three new sales executives charged with expanding the new unit’s suite of financial messaging products. Aaron Overy joins as sales associate with responsibility for the TradeFlow TPM system. His background includes stints at ABN Amro, Thomson Financial, Primark and BITA Plus, now Cor Risk Solutions, part…
Iris Financial Engineering Hires Strategy, BizDev Execs Following $11 Million Infusion from Apax Partners
Fresh from last quarter’s completion of an $11 million investment from Apax Partners, Iris Financial Engineering has named three senior executives in strategy and business development. Aviv Handler joins as vice president of product strategy from KW International, where he was involved in product strategy and business analysis. Prior to KW, Handler was product manager…
Capco Gets $15 Million Funding For Reference Data Solutions
Capco, which famously split last year from its Synetix reference data joint venture with Reuters, has secured $15 million of funding. The deal has been done with existing investors, including Thomas Weisel Capital Partners, which is in for $10 million, Capco Foundation, Edgewater Private Equity Fund, GIMV, Hewlett-Packard and LJH Private Capital. Capco says the…
Tabb Group Report Cites Critical Role of Reference Data
Underscoring A-Team Consulting’s own research in this area, Tabb Group’s new report on the future of trading-related technology, points to reference data’s critical role in achieving the much-vaunted goal of straight-through-processing. Tabb describes external STP as “moribund” post September 11 and the demise of the GSTPA. However, the report – published last month and entitled…
The Big Boys Start to Circle the Wagons
In every segment of the financial information technology space, there comes a time when the success of the grass roots specialist vendors comes to the attention of the bigger umbrella suppliers of IT services and applications. That moment may be in the process of coming very early to the area of reference data. The past…
IBM Gets Serious About Reference Data Through Purchase of Dresdner Platform, Outsourcing Deal
IBM’s deal last month with Dresdner Bank of Germany seems to give some teeth to the IT services company’s approach to reference data management after talking about the segment for quite some time. The agreement also gives IBM a pricing database and management tool for risk and regulatory reporting – code-named Project Greenwich – to…
London Stock Exchange to Use Telekurs Data for Sedol Expansion
The London Stock Exchange has signed up to receive international securities data from Telekurs Financial in support of the exchange’s impending expansion of its Sedol security identifier set. The deal aims to close gaps in the exchange’s coverage as it brings the newly expanded Sedol to market next month, in the first step in establishing…
Mark-It Partners to Acquire LoanX Credit Price Supplier
U.K.-based Mark-It Partners, a provider of credit pricing information, plans to acquire LoanX, a U.S. supplier of syndicated loan data. Terms of the transaction were not disclosed. Mark-It says it plans to integrate LoanX’s data offerings with its own to create a multi-asset offering, including market valuations on corporate bonds, credit default swaps and syndicated…
Xcitek’s Winning Spell Continues with U.S. Bancorp Deal
Continuing its run of contract wins, Xcitek has sealed an agreement with U.S. Bancorp, which will use the XcitekSolutionsPlus (XSP) corporate actions processing platform. The multi-year agreement also covers U.S. Bancorp’s use of eTRAN, Xcitek’s web-based module for automated notifications, and access to Xcitek’s corporate actions data. U.S. Bancorp, parent of U.S. Bank, is the…
Much to Mull Over, Little to Whine About During Festive Period
The ‘happiest time of the year’ described by the famous song will be a welcome breather for the industry as it comes to terms with the fact that things are busy again. Like a limbering athlete coming back to the track after a spell out with injury, the past three months have been akin to…