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IDS Employs 2 More Senior Staff
Don Totter, CEO of Integrated Decision Systems, continues his hiring spree with the appointment of Ron LoVetri as chief marketing officer, responsible for directing all IDS marketing activities. LoVetri was previously vice president at Charles Schwab and spent time at Autodesk. IDS also named Randy Peerson vice president of software development. He joins IDS from…
SmartStream Names Eichen Head of U.S. Solution Services
Richard Eichen has joined SmartStream as general manager of U.S. solution services. Eichen, based in New York, will report to Lou Longhi, U.S. managing director, and will have responsibility for rolling out SmartStream’s STP Control Architecture (STPCA), aimed at transforming SmartStream from an application provider to a strategic partner. Eichen was previously managing director –…
Lammersdorf Steps Down as Deutsche Borse Head of Information Services
Christoph Lammersdorf is stepping down this month as managing director information services at Deutsche Borse. He will be succeed by Holger Wohlenberg, one of four new managing directors appointed by the German exchange in a management reshuffle. Wohlenberg joins from Deutsche Bank, where he was managing director in the global corporate finance division. Lammersdorf will…
Telekurs (U.K.)’s Fox Quits to Join FT Interactive Data
Tim Fox is leaving Telekurs Financial after 11 years working in its U.K. operation. He is leaving to join FT Interactive Data in October as the new product marketing manager for FTS, the company’s portfolio administration tool providing access to global securities data to European clients. It is not clear whom he will report to…
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…