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Project Brokers Signs Global Deal With Noad
Project Brokers, the global business intelligence (BI) consultancy, has signed a deal with NOAD, the leading provider of high-performance, enterprise platform management software, to become its only Global Services & Reseller Partner. The partnership brings NOAD’s market-leading enterprise change management software solutions into Project Brokers’ BI portfolio. NOAD’s EQM product suite supports QlikTech’s QlikView BI…
Panellists Highlight the “Shotgun Wedding” of Data Management and Risk Management at DMRAV in NYC
The data management and risk functions of financial institutions have become subject to a “shotgun wedding of sorts”, as firms aim to tackle their underlying data quality issues in the post-crisis environment, according to panellists at last week’s A-Team Group Data Management for Risk, Analytics and Valuations (DMRAV) conference in NYC (see details of the…
First Derivatives Annual Results
First Derivatives, a leading provider of software and consulting services to industry global investment banks and hedge funds, today announces its results for the twelve months ended 28 February 2011. Financial Highlights: – Revenues increased by 44.2% to £36.740 million (2010: £25.476 million) – EBITDA increased by 18.3% to £8.575 million (2010: £7.247 million) –…
Netik Appoints Evan Lorch as Chief Financial Officer
Netik, a leading global financial information management and distribution provider, announced today the appointment of Evan Lorch to the role of Chief Financial Officer. He will sit on Netik’s executive management team reporting directly to Rob Flatley, CEO of Netik. Lorch will be based out of Netik’s New York headquarters and will assume responsibility for…
Does the European Commission’s Ruling on S&P Regarding ISIN Pricing go Far Enough?
Some corners of the industry are not convinced that the European Commission’s recent ruling on Standard & Poor’s ISIN pricing commitments goes far enough, as evidenced by comments made by a number of industry associations including the European Fund and Asset Management Association (EFAMA) and the UK-based Information Provider User Group (IPUG) last week. It…
Desjardins Implements Eagle’s Investment Accounting and Data Management Solutions
Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that Desjardins Asset Management, the investment management specialist of Desjardins Group, the leading cooperative financial group in Canada and the sixth largest in the world, has implemented its data management solutions on Eagle ACCESSSM for its…
Full Backing for European Commission Consultation on Cloud Computing
The Cloud Industry Forum has warmly welcomed the news that the European Commission has launched a public consultation on the benefits that cloud computing can deliver. Launched by Neelie Kroes, European Commission Vice President for the Digital Agenda, the consultation is seeking views from citizens, businesses, public administrations and other interested parties on how to…
OTC Fin’s Data Warehouse to Help Buy Side Firms and Institutional Investors Achieve a Comprehensive View of Market, Credit, Liquidity and Portfolio Risk
OTC Fin, a provider of front and middle office financial technology to investment managers, hedge funds, hedge fund of funds and institutional investors, today announced the release of PAT DW (Portfolio Analysis Tool Data Warehouse), Version 3, which merges Funds of Funds and multi-asset security level data whereby providing increased transparency of portfolio holdings via…
DST Global Solutions Selects Northfield to Strengthen its Anova Platform
DST Global Solutions, a leading provider of investment management systems and services, today announced a strategic relationship with analytical and operating efficiency tool provider Northfield to provide DST Global Solutions clients with specialised fixed income attribution capabilities. Northfield’s “Everything Everywhere” global equity and fixed income model has been integrated into DST Global Solutions’ award-winning middle…
Netik Acquires CorrectNet
Netik LLC, a Symphony Technology Group (STG) portfolio company and leading global financial information management provider, announced today the acquisition of CorrectNet, the market leader in managed client communications and delivery. The union of CorrectNet with Netik’s information management products and services is highly complementary and unique to the market place. STG provided the capital…