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Aim Software Releases New Version of Gain Aimed at Improved Usability
Aim Software has released a new version of its flagship data management product Gain with extended facilities for golden copy management and new support for Windows Server 2008/Windows Vista. The main drivers behind the upgrade were market and customer requests for new functionalities and to further reduce time to market for customer projects, says Martin…
PolarLake Launches Standalone Reference Data Reconciliation Solution
Provider of reference data distribution products PolarLake has launched a standalone reference data reconciliation solution aimed at fixing the problem of poor reference data quality in downstream systems. The vendor has created the new solution as part of its plans to develop modular solutions for the market and extend its client reach. According to PolarLake,…
DataDirect Technologies Reveals Strategic Plans to Create Data Architecture Platform
Data connectivity and mainframe integration vendor DataDirect Technologies has indicated that it is in the process of developing an integrated platform to tie together its various data products. The vendor is currently mid-way through the development process and hopes to launch the platform near the end of this year. Anthony Swindells, fellow and senior programme…
Netik Launches New Managed Service for Reference and Market Data
Following its purchase of Capco Reference Data Services (CRDS) and restructure earlier this year, Netik has launched a new solution for the management of the end-to-end lifecycle of reference and market data and stepped into the outsourced service provider arena. Dubbed Netik Global Securities Master (Netik GSM), the new offering is based on a combination…
Cross-channel Information Sharing is Key Differentiator for MDM Platforms, Finds Aberdeen Study
Cross-channel information sharing is a key differentiator between master data management platforms (MDM), according to a study conducted by research firm Aberdeen Group. The study directly compares the responses of users of both Siperian and IBM MDM solutions and indicates that the former outperforms the latter with regards to certain key performance indicators (KPIs). Aberdeen…
Interactive Data to Acquire Italian Reference Data Provider for €19m
Interactive Data Corporation has agreed to acquire Italian reference data provider Kler’s Financial Data Service for a purchase price of €19.0 million (approximately US$29.5 million) in cash, as part of its plans to increase its presence in continental Europe. The transaction is expected to be completed early in the third quarter of 2008, contingent upon…
Cicada Issues Letter of Intent to List on TSX Via Reverse Merger With Venture Capital Firm
Following its decision to sell CounterpartyLink in April, Cicada has recently issued a letter of intent to list on the Toronto Stock Exchange (TSX) via a reverse merger with venture capital firm JJR II Acquisition. “At this time, it is still a letter of intent – in other words, there has not been a completed…
Siperian Promotes Wadehra and Ward to SVP Positions
Master data management platform provider Siperian has promoted Anurag Wadehra to senior vice president of marketing and product management and Sean Ward to senior vice president, worldwide sales and alliances. Wadehra will be in charge of all strategic product management and corporate marketing activities. Prior to Siperian, he was vice president of marketing for Intersperse,…
A-Team Report: Complex Instruments Demand Overhaul of Data Management by Buy Side
Following last month’s webinar on derivatives and data management, A-Team Group and EDM vendor GoldenSource have released a report on the specific challenges faced by global reference data managers in buy side firms, with a particular focus on the impact of OTC derivatives. The report involved discussions with a sample of senior individuals directly involved…
GoldenSource Promotes Version 8 of its EDM Suite as More Tailored Solution For Managing Risk
GoldenSource has released version 8 of its EDM platform, which the vendor says offers a more tailored approach for clients and advanced functionality for managing business risk, particularly in high risk areas such as corporate actions, pricing and data quality. “The new version is based on user group feedback and is set to tackle specific…