Data Management Insight Blogs The latest content from across the platform
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…
SunGard Plans Two-Pronged Reference Data Foray Based on Acquisition of Fame Information Services
SunGard’s agreement to acquire Fame Information Services, announced this month, will initiate an aggressive, two-pronged foray into the reference data management business. Not only will SunGard use Fame to standardize the handling of historical and reference data among its many operating units and product lines, but it will also promote Fame’s ReferencePoint solution as an…
CB.Net Forges Alliance with LogicScope for SSI Accuracy
CB.Net, a London-based provider of bank payments descriptive data, has teamed up with U.K. messaging software provider LogicScope to create an up-to-the-minute database of standard settlement instructions (SSIs). The venture will build on CB.Net’s comprehensive BankSearchPlus payments directory, which was launched at Swift’s Sibos conference in Singapore last month. CB.Net and Logicscope have created a…
SS&C Unveils Servers for Handling Reference Data
Trade and portfolio management software provider SS&C Technologies has been quietly developing a pair of server products that can be used to manage data flows into its own applications and those of other application providers. The company is now marketing Pricing Server and Market Data Server alongside its existing Camra, Antares and Altair products. According…
XcitekSolutionsPlus Scores XSP Wins At UMB, Oppenheimer
XcitekSolutionsPlus has announced two deals this month involving its corporate actions automation platform. UMB Bank, based in Kansas, has licensed the software company’s web-based eTran module, while Oppenheimer & Co. has agreed to license its XSP software. The deals follow hot on the heels of a win at Credit Lyonnais Securities (USA) in late October….
Financial Technologies International Hires Flynn to Lead Professional Services
Financial Technologies International has named Stephen Flynn senior vice president with responsibility for global professional services and systems integrator alliances. Flynn previously spent 20 years at Accenture, most recently with the consulting giant’s STP, integration management and security offerings practice teams.
Netik Releases Low-Cost Matching/Reconciliation Module for InterView
Netik has launched Intermatch 2.0, which adds matching and reconciliation capabilities to its InterView investment and accounting hub system. Among the features are a multi-sourced reference data cleansing facility, with the ability to construct a ‘golden copy’ for distribution throughout the enterprise. The firm is pricing Intermatch at $20,000.