A-Team Insight Blogs The latest content from across the platform
FISD to Launch XML Toolkit for Messaging Standards
The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) plans to release an XML toolkit – dubbed XML transmission Compaction (XTC) – to aid developers using its FISDMessage protocol and support the standardization of reference data. FISDMessage, along with MDDLService, will be the transport layer for FISD’s Market Data Definition…
EDI Expands Middle Eastern Coverage of WCA, Dividend Feeds
Exchange Data International (EDI) has expanded the Middle Eastern coverage of its Worldwide Corporate Actions (WCA) and Worldwide Dividends feeds. The new service includes additional Arabic language translation capabilities as well as data from three additional Middle East stock exchanges and local data providers. Exchange information from the Algerian, Qatar, and United Arab Emirates (UAE)…
ADP Brokerage Services Teams with Xcitek for Corporate Actions
ADP’s Brokerage Services Group (BSG) has launched an automated corporate actions processing system based on XcitekSolutionsPlus’s XSP platform. The new system is part of BPS’s back-office processing offering, and features a data-scrubbing engine for exception-handling. The engine compares announcement data from multiple sources and identifies exceptions, publishing them to BPS and offering managers an overall…
Nicholas-Applegate Opts for XSP Platform
Nicholas-Applegate Capital Management has licensed XcitekSolutionsPlus’s XSP platform for corporate actions processing, its corporate actions data, its Swift messaging functionality and the Electronic Tracking Response and Notifications system for notification and response capture. “After evaluating the software vendors in the marketplace,” Christopher P. Siriani, director of operations at Nicholas-Applegate Capital Management, “we found that XcitekSolutionsPlus…
Cicada Upgrades Rules Management on Composer
Cicada has upgraded the validation rules management capabilities of its reference data management platform, adding a graphical user interface allowing users to create, modify, delete or add business rules to data sources, both internal and external. The upgrade also adds a rights system for security, permissioning and modifying existing business rules. Finally, a new rules…
In Search of the King of Holy Grails: ROI
Return on investment is a recurring theme in reference data management. And the reason seems to be that no one can figure out how to measure it. Recent issues of Reference Data Review have been littered with references – excuse the pun – to the importance of managing expectations with respect to ROI on enterprise-wide…
Bank of New York Sees Netik’s Data Capabilities As Enabler for Outsourced Investment Management
Bank of New York plans to leverage its new 51% stake in Netik, a U.K. software company that specializes in transaction and accounting data management, to add compulsion to the bank’s pitch to potential clients of its investment management outsourcing services business. Netik’s enterprise data management capabilities – including handling of multiple sources of reference…
DSTi Names Hunt to Head Product Strategy
DST International (DSTi) has appointed Ian Hunt as head of global product strategy. Hunt will assume responsibility for DSTi’s entire range of products and will direct future functionality plans, including the R&D priorities. Hunt will also be responsible for identifying potential acquisition targets if he decides there is a need to buy in products, modules,…
Netik Names Two to Sales Team
Netik has expanded its European and North American sales teams with the addition of Laura Bedborough and Doreen Severs. Bedborough joins as sales executive, reporting to Keith Hale, managing director of Netik’s Europe, Middle East & Africa region. She has responsibility for new business development in hedge funds, investment management, prime brokerage and hedge fund…
Telekurs (U.K.) Poaches Incarico from FT Interactive Data
Telekurs Financial has hired Ciro Incarico has joined the new-business sales team for the company’s U.K. subsidiary. Incarico joins Telekurs (U.K.) Ltd. from FT Interactive Data’s Boston sales office, where he spent the past three years as account/relationship manager, having worked for the FT Interactive Data for seven years.