A-Team Insight Blogs The latest content from across the platform
Xcitek Enters Alliance with Financial Information Network
Corporate actions data vendor Xcitek has entered a strategic alliance with Financial Information Network, provider of accounting and trading solutions. The deal calls for Xcitek to provide FIN clients with corporate actions data and cost-basis information. According to Xcitek managing partner Joseph Carvalhido, “By combining FIN’s complete global portfolio management system with Xcitek’s renowned data,…
Reuters to Offer Barra Risk Models to Australian Fund Managers
Reuters is adding Barra’s risk analytics to the information services it offers to fund managers in Australia. The move will allow portfolio managers to obviate the traditional delay in getting risk information on a portfolio. Instead, managers will be able to derive this information from their core market monitoring systems using the integrated Barra models.
FT Interactive Data Signs with Absreports.com for Evaluations Data
FT Interactive Data will make its asset- and mortgage-backed securities evaluations data available via Absreports.com, which provides contact, transaction and performance data for the European securitization industry. Under the arrangement, visitors to absreports.com can click on a link to access FT Interactive Data’s FTS desktop portfolio administration tool, which can be used to view more…
Sitting Up and Taking Notice
Finally, the world seems to be paying attention to what industry protagonists have been saying about the reference data marketplace for what now seems like quite some time: that reference data is important to your business, no matter what it is. Maybe it’s because the protagonists have become more sophisticated. We were encouraged to hear…
State of Wisconsin Investment Board Selects Eagle for Reference Data Normalization Platform
The State of Wisconsin Investment Board (SWIB) has embarked on a major project to integrate and normalize the data used by its portfolio managers to run their investment models and to verify custodians’ reports on the performance of its external managers. SWIB is implementing Eagle Investment Systems’ Eagle Reference Manager platform at the heart of…
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…