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Rumours and Rumblings
Once again, the reference data utility was the talk of last night’s EDM Council roundtable event, but more interesting than the discussions on the stage, were the rumours being discussed amongst attendees. For one, there seemed to be a general consensus that it was only a matter of time before the US government announces the…
Asset Control’s Andrew Wolf Promoted to Sales Director, Americas
Asset Control announced today the promotion of Andrew Wolfto the position of sales director, Americas. Based in New York, Mr. Wolf will be responsible for overseeing the expansion of the North American sales team, including adding new sales executives in Canada and specific metropolitan areas in the US. He will also pursue new markets for…
SunGard Availability Services Launches Replication as a Service
SunGard Availability Services, a provider of information availability and business continuity services, today launches Replication as a Service (RaaS), a cost efficient, on-demand way to replicate vital data contained within an organisation’s diverse storage devices. SunGard’s RaaS replicates data in a secure private cloud environment, which is linked into SunGard’s recovery network. SunGard estimates that…
SmartCo Announces Formal Partnership with FINGANCE GmbH
SmartCo is pleased to announce its formal partnership with FINGANCE GmbH, as an exclusive partner to sell and implement the SmartCo DataHub solution in Germany, Austria and Switzerland. SmartCo is a global leader in the reference and market data management software solutions industry, bringing innovative solutions to the buy side, sell side and securities services….
Cadis Hosts SIX Telekurs Data
Cadis, the global EDM specialist, today announced the availability of a Cadis hosted version of SIX Telekurs’ main product, the Valordata Feed (VDF). The Cadis SaaS version will enable SIX Telekurs clients to consume all VDF data in any file format, at any latency within hours. Daniel Simpson, CEO of Cadis said: “Our hosted version…
B-next Launches MACOC:AML and MACOC:Fraud
B-next, a provider of market conformity software solutions to financial institutions, announces the release of MACOC:AML and MACOC:Fraud. B-next has partnered with Cellent Finance Solutions, a leading vendor in enterprise-wide analysis of risks and hazards, integrating its AML and fraud solution into its MACOC platform and can also connect to b-next’s MACOC:Cockpit. This MACOC:Suite offers…
JWG’s Di Giammarino Elaborates on Data Shortcomings of Industry’s Attempt to “Know Your Exposure”
Industry think tank JWG has just completed a research project into the industry’s level of preparation for the risk management challenges involved in the incoming tsunami of regulatory requirements that indicates a lot still needs to be done to get the right level of risk data consistency and accuracy. Conducted over the summer months and…
FSA’s Lawrence Warns Firms of the Importance of Accurate Funds Transfer Pricing for Risk Management
Enterprise risk management is at the heart of the funds transfer pricing (FTP) challenge, explained Colin Lawrence, director of the Prudential Risk Division of the UK Financial Services Authority (FSA) to attendees at the JWG FTP event in London earlier this week. All risk types are closely linked and must be treated as such in…
Netik Appoints Neicho as Head of Global Business Development
Netik, a global leading provider of financial data management and reporting services and products, announced today the appointment of Luke Neicho to the role of head of global business development. He will report directly to newly appointed John Mason, chief operating officer of Netik. Neicho joins from Eagle Investment Systems, a subsidiary of BNY Mellon,…
Morgan Stanley Selects GlobeOp to Provide Managed Account Services
Morgan Stanley has selected GlobeOp Financial Services to provide independent middle and back office services, and detailed daily data and reporting for its managed account platform ALPHAS. “Managed accounts require significant infrastructure to meet fund manager and investor demands for operational transparency and independently reconciled data,” said Ron Tannenbaum, managing director, GlobeOp. “We welcome the…