Data Management Insight Data Delivery Platforms, Cloud & Managed Services The latest content from across the platform
Large Investment Bank Opts for PolarLake’s Reference Data Distribution Solution
Following the launch of its Reference Data Distribution (RDD) solution in July last year, PolarLake has signed its second big customer in the form of an unnamed global tier one investment bank. The bank is rolling out the solution as part of its revamp of its global reference data programme, which is focused on the…
ProCapital Selects Xenomorph TimeScape for Reference and Market Data Management
ProCapital Securities Services, the French securities services company, has selected Xenomorph TimeScape for their centralised reference and market data management requirements. The project has already commenced and the solution will be in full production usage by December 2009. TimeScape will replace an internal solution and will be used to provide an enhanced single source of…
ITG Selects Asset Control’s AC Plus Data Management Platform to Support Asset Growth Initiatives
Specialized agency brokerage and financial technology firm Investment Technology Group has selected Asset Control’s AC Plus data management platform to provide ITG with global, multi-asset instrument data in support of the firm’s growth initiatives. AC Plus will provide ITG with a centralized, scalable reference data and pricing architecture that meets ITG’s time-to-market requirements and supports…
Asset Control’s AC Invest Introduces Financial Institutions to a New Role-Based Data Management Paradigm
Asset Control, the world-wide leader in financial data management solutions, is launching AC Invest, a new web-based data management platform that enables financial institutions to quickly and cost-effectively address their increasingly complex data management requirements. AC Invests’ powerful logic engine combined with its intuitive interface give users control of all stages of the data management…
GoldenSource Releases New Version of EDM Suite with Upgraded Pricing Capabilities
EDM vendor GoldenSource has upgraded its flagship solution by building in new features to help its clients deal with tougher risk management requirements and regulatory developments around the pricing of financial instruments. To this end, version 8.2 of its EDM suite includes workflow and validation tools aimed at increasing flexibility and transparency across all pricing…
DekaBank Goes Live With SunGard’s Asset Arena Compliance
DekaBank, the German savings bank finance group’s central asset manager, has implemented SunGard’s Asset Arena Compliance solution to provide back office support for all its pre-trade, post-trade and post-net asset value (NAV) compliance requirements. Asset Arena Compliance gives DekaBank a standardised and flexible compliance solution that can help support its future growth plans. Asset Arena…
Stop Press: Thomson Reuters Acquires Moody’s Muni Bond Pricing, Adding to Enterprise Data Arsenal
Thomson Reuters has acquired Moody’s Investor Services’ municipal bond pricing service. The transaction, in which Thomson Reuters effectively takes over Moody’s distribution agreement with U.S. muni bond data supplier Mergent Inc., rounds out the offerings of Thomson Reuters’ Enterprise data business line. Details of the transaction weren’t available at press time. In response to questions,…
Regulators Continue to Raise Profile of Derivatives Data Challenge, Market Fights Back
In keeping with this year’s regulatory focus on data challenges within financial institutions, this week, US Securities and Exchange Commission (SEC) chairman Mary Schapiro has been discussing the importance of accurately tracking derivatives data. She has been stressing the critical need for regulators to gain more access to information on derivative transactions in order to…
DTCC Replaces Hilly with Ex-Lehman CIO O’Connor as New CTO
The Depository Trust & Clearing Corporation (DTCC) has indicated that when its current chief technology officer, Vincent Hilly, retires in July next year, ex-Lehman Brothers chief information officer, Bridget O’Connor, will assume his role. Until that time, the two will be working together to ensure a smooth handover, says the vendor, which is currently ramping…
Cadis Opens Office in Hong Kong, Appoints Zhang to Head
Following its solution land grab with the acquisition of C8 earlier this year, enterprise data management (EDM) vendor Cadis has expanded its geographic footprint with the addition of a new office in Hong Kong. Focused on the Asia Pacific market, the new office will be headed by Disheng Zhang, who has joined the vendor as…