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Q&A: Steve Gleave of Endace on Latency Monitoring

In the news yesterday as a result of its global partnership with Reuters, Endace’s technology – coupled with that of partner Trading Metrics – underpins the Reuters Latency Monitor. But just who is Endace, and what does their technology really do? IntelligentTradingTechnology.com talked to Endace vice president of marketing Steve Gleave to find out more…

Existing Regulation Could Spur On Corporate Actions STP, Aite Predicts

The lack of an explicit regulatory imperative to address the efficiency of corporate actions processing is often cited as a reason for the industry’s lack of progress towards this goal. While it’s true that efforts like Giovannini do include corporate actions, there is no specific directive or legislation that demands firms meet a standard for…

Standing Settlement Instructions: Bringing the Poor Relation of Reference Data into the Fold

Awareness of the fact that missing or inaccurate standing settlement instructions (SSIs) are a major inhibitor to true straight-through processing (STP) is as long-standing as the industry’s focus on STP itself. Problems with SSIs are still the biggest single cause of reference data-related trade fails, which themselves are the second biggest cause of fails behind…

Interactive Data Leverages Pricing, Reference Data for MiFID Offer

Interactive Data Corp is leveraging the assets of its Pricing and Reference Data unit, as well as those of its Real-Time Services group, to offer a range of services aimed at helping clients meet their obligations under the EU’s Markets in Financial Instruments Directive (MiFID).  Interactive Data believes its real-time and reference data services units…

Looking into the EDM Crystal Ball By Michael Atkin, managing director, EDM Council Inc

It seems like only yesterday we were talking simply about reference data with lots of debate over definitions, an underlying focus on operational efficiency and a business case cut straight from the technology ROI rulebook. My, my how quickly things have changed. Reference data has evolved into EDM. Risk mitigation has replaced operational efficiency. And…

Microsoft’s MiFID Pitch Touts TAP Among Partner Solutions

Microsoft has set out its MiFID stall, and has identified reference data and client classification as two of the eight MiFID related challenges it wants to help financial institutions address through its initiative to offer “mix and match” MiFID solutions in conjunction with a range of partners. TAP Solutions, provider of the Microsoft based TAPMaster…

Bank Deploys Aleri Stream-Processing Platform for Ref Data

Stream-processing technology is big news in the market data world, where the demands of algorithmic trading are driving investment in solutions to support high-volume, low-latency, fast-moving environments. To date, it has not been widely suggested that low latency was so important in the context of reference data, but an early sign that streaming technology could…

Market MiFFED by FSA Benchmarking Proposal

If there’s been a sub-theme to recent activity in the reference data marketplace, it’s sure been bond evaluations. Readers of Reference Data Review have witnessed the flurry of product offerings, positioning and poachings among the major suppliers, with Reuters, Bloomberg, Standard & Poor’s and Thomson Financial all attempting to enter a marketplace long dominated by…

Data Management Steps Up a Gear

We can’t help but feel that the reference data marketplace has, over the past few months, stepped into another plane. When we launched Reference Data Review almost three years ago (yes, three years!), the market was full of talk and devoid of action. Looking back at our coverage in 2005, we’re proud to see RDR…

FIMA Delivers Reference Data Messages

As promised, the Financial Information Management (FIMA) conference in London earlier this month offered a very useful forum for the reference data community to trade ideas and network. We spent both days there and found catching up with old friends, making new ones, and listening and learning about real-life implementa-tions a valuable use of our…