Data Management Insight Blogs The latest content from across the platform
Financial Technologies Rolls Out StreetDirector to Two Clients
Financial Technologies International has rolled out its new StreetDirector transaction lifecycle processing engine at a global brokerage and a large investment bank. The system is part of FTI’s StreetEnterprise suite of services, and draws upon clients’ chosen reference data management systems, books and records, and transactions data to monitor and control the work flow associated…
Slinging Our Hook to Singapore and SIBOS
A palpable sigh of relief was issued by all Swift types early this month when the organization reassured exhibitors, presenters and delegates that its SIBOS conference will go ahead as planned next month. SARS reared its ugly head (hopefully, one last time) with a case in Singapore, raising the spectre that SIBOS Singapore might be…
ADP Wilco Unveils Corporate Actions Platform for Global Event Notification at Lehman Brothers
Lehman Brothers in London went live over the summer with ADP Wilco’s new UPM Corporate Actions platform, the first client to implement the newly launched Wilco system. Lehman is using UPM Corporate Actions to manage its processing of corporate actions data globally, and will use additional modules of the system which Wilco plans to roll…
The Interview: Reuters’ Data Trek to the Enterprise
Reuters has long been a dominant player in front-office data. Can it leverage that position to gain critical mass throughout the enterprise? RDR talks to reference data chief Kevin Bradshaw In the aftermath of its abandoned Synetix venture with Belgium’s Capco, Reuters is embarking on a reference data strategy of its own, based around its…
Firms Fear Data Quality Issues Could Disrupt STP Initiatives
Industry participants are concerned about the availability of the quality data they require to achieve straight-through-processing, according to a survey published last month by the U.S. Securities Industry Association and GartnerG2, a research firm. The survey also found high levels of concern about the deadline for the Depository Trust & Clearing Corp.’s proposed corporate actions…
FISD to Brief London Community On REDAC/RDUG Progress
The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) will use its forthcoming meeting in London on September 3 to inform members of its considerable recent activities in the reference data space. Among the main topics for discussion will be recent white papers relating to its work as manager of…
New RDUG Chairman Plom Joins REDAC Committee
John Gubert of HSBC has stepped down as chairman of the Reference Data User Group, and has been replaced as chair by Alan Plom of Gartmore Investment Management. Plom has also been appointed to sit Steering Committee of the U.S. Reference Data Coalition and is keen on “the continuation of the strong working relationship between…
New COO for Wilco North America
ADP Wilco, a subsidiary of Automatic Data Processing, has promoted Ivar Eilertsen to the post of chief operating officer for North America. In his new role at ADP Wilco, Eilertsen has responsibility for ADP Wilco’s North American operations including business development and customer relationships, delivery of software services and all aspects of day-to-day business operations….
Xcitek Takes Stokes from Telekurs
Gary Stokes has joined the London office of XcitekSolutionsPlus, a developer of corporate actions automation solutions, as sales executive. He will focus on expanding the U.S.-based company’s European customer base. The London office was opened in May. Stokes was previously sales executive at data provider Telekurs Financial, where he was responsible for new business sales….
Evans to Head Risk at eFunds
Robert Evans has joined eFunds as managing director of risk management solutions. He was previously director of product management, development and marketing at remittance processing and content management vendor Regulus Group, and held positions at Orion Management and First Union Corp., now part of Wachovia.