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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…
Microgen Appoints Managing Director to Lead Financial Systems Division
Microgen Financial Systems Division today announced that it has appointed Simon Baines as managing director. The division operates across the wealth management, banking and asset management sectors and Baines will be responsible for identifying and capitalising on growth opportunities, enhancing existing client relationships and the strategic development of the division. Baines joins Microgen Financial Systems…
QBE European Operations Selects DataFlux to Improve the Value of its Corporate Information
DataFlux, a provider of data management solutions, today announced that QBE, a business insurance specialist with operations in 18 European markets, has selected DataFlux technology to help it improve the quality of data within its European data warehouse and to enhance its data migration process for systems consolidation. QBE will use DataFlux technology to standardise,…