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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.

SmartStream Technologies Continues Hiring Bonanza

SmartStream Technologies has recruited Steve Lewis from Capco and Tim Collins from Mercator following its acquisition of messaging and business processes management specialist Connextive. Collins will head SmartStream’s professional services division for the newly acquired products. He has worked for Mercator for the past 10 years, where he was principal of its professional services division….

IFDS Names Carpenter to Lead U.K. Sales

International Financial Data Services (IFDS) has hired Daniel Carpenter as head of U.K. sales, reporting to managing director Paul Roberts. IFDS is a transfer agency joint venture between DST Systems and State Street. Carpenter was previously sales and marketing director at Cor Financial Solutions, and has held positions at Kinetic Information Systems, Primark – now…

Ex-Reuters STP Executive Smith Emerges at TradeWeb

TradeWeb, the institutional transaction portal for fixed income securities, has named Chris Smith to lead its European straight-through-processing initiative. In the face of continuing competition in the electronic bond trading arena, TradeWeb has been emphasizing its STP capabilities as an edge over potential rivals. Smith will oversee the launch of TradeWeb’s TradeXpress STP product in…