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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.
Case Study: Henderson Global Centralizes Using DISL Integral
Henderson Global Investors, a mid-sized U.K. investment management firm, is about a third of the way through an almost three-year project to revamp its data management procedures across the board. With its back office outsourced to Cogent, Henderson’s focus was on the data used to support its front and middle offices, including the investment management,…
Case Study: Deutsche Stresses Strong Governance Approach
Deutsche Bank expects to complete its wide-ranging DB Reference Data Programme – launched in 2002 and encompassing a single model for client, instrument and organizational data – by the first quarter of next year. In developing its plans for the project, Deutsche took care to acquire management buy-in, establishing a Corporate Reference Data Governance Forum…
Soliton Links to Counterparty Data From CreditDimensions
Reference data management firm Soliton is adding links from its instrument data to legal entity data, through a new partnership with CreditDimensions. The two firms are launching the (as yet unnamed) joint product at this month’s Securties Industry Association (SIA) Technology Management Conference at the New York Hilton, which will provide clients with a consolidated…
BNP Paribas Securities to Use City Networks for Exceptions
BNP Paribas Securities has rolled out City Networks’ CityNet Investigation workflow management system, aimed at automating exceptions generated by the reconciliation process. Through the implementation, BNP is seeking to reduce its institutional clients’ operational risk among other benefits.