Data Management Insight Data Delivery Platforms, Cloud & Managed Services The latest content from across the platform
Big Changes on the Cards for Netik?
Earlier this week, we revealed that Netik’s founder and CEO John Wise has exited the building and has been replaced by ex-global head of Autobahn Equity at Deutsche Bank Rob Flatley. This, in turn, follows the departure of long time Netik exec Keith Hale last month, who joined IGEFI Multifonds as its new global head…
Thomson Reuters Targets Mutual Fund Community with Global End of Day Equity Pricing Solution
Thomson Reuters today announced two major enhancements to its pricing and reference data platform. DataScope Select will now deliver validated end of day prices within 30 minutes of market close and the introduction of a universal close price field. This is beneficial to US Mutual fund managers and administrators, as they will now be able…
Deutsche Bank’s Flatley Named to Replace Wise as CEO of Netik
In a move that underscores the convergence of electronic trading with data management, Netik has named Rob Flatley, until February global head of Autobahn Equity at Deutsche Bank, as its new chief executive officer. Flatley takes over from John Wise, founding CEO, who returned to the company in 2002 after a period pursuing other interests….
Northern Trust Providing More Data for Fair Value, Adds New IFRS Valuation Toolkit
Custodian bank Northern Trust has been ramping up its efforts over the last 12 months to improve transparency for its end clients around fair valuation measurement, says Judson Baker, derivatives product manager at the bank. To this end, this week it has launched a new IFRS Valuation Toolkit aimed at providing a broad range of…
PolarLake has Netted Eight New Clients This Year, Launches Reference Data Policy Engine
Commensurate with the current trend towards an uptick in investment in data management solutions this year, PolarLake’s CEO John Randles indicates that eight new clients have signed on the dotted line so far in 2010. The vendor has also just launched its PolarLake Reference Data Policy Engine, which Randles says is aimed at affording end…
GoldenSource Partners with Xenomorph to Centralise Market and Reference Data
GoldenSource has partnered with analytics and data management specialist Xenomorph to offer the GoldenSource Market Data Solution (GSMDS), a single platform for market and reference data management that gives risk officers what GoldenSource describes as “a 360 degree view of all risk related data”. GoldenSource looked at a number of potential partners and considered the…
Ex-HSBC EDM Head Hinds Joins Credit Suisse as Programme Manager for Reference Data
Following her exit from HSBC at the start of this year, data management champion and regular FIMA speaker Sally Hinds has resurfaced as Credit Suisse’s new manager in charge of running the firm’s global reference data governance programme. At HSBC she spent more than four years as global head of EDM of the bank’s Global…
Investec Asset Management Planning to Rationalise London and Cape Town Data Hubs This Year, Says Schoonraad
Following its implementation of the Netik InterView data warehouse in separate iterations at its Cape Town and London operations, which began back in 2004 and was completed last year, Investec Asset Management is now planning to rationalise these two data warehouses so that it can operate from a single global data warehouse. Waldi Schoonraad, UK…
BCBS’ Corporate Governance Paper Highlights Need for a “Sufficiently Robust” IT Infrastructure for Risk Management
In keeping with the recent onslaught of regulatory papers aimed at fostering a more risk aware financial services industry, the Basel Committee on Banking Supervision (BCBS) has published yet another consultative paper this week, this time focused on corporate governance. The paper includes 14 principles aimed at sparking investment by firms into their risk infrastructures…
Spain’s Third Largest Bank Banco Popular Installs Informatica Data Quality
Informatica Corporation announced that Banco Popular is implementing Informatica Data Quality to improve the quality of information handled by the company and contribute to the launch of more effective business campaigns. With a presence in Spain, Portugal and the United States, the Banco Popular Group is currently the third largest banking group in Spain, with…