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Thomson Reuters and Bloomberg Remain at the Top for Data Provision, Says Burton-Taylor

The market share of the top two data giants, Thomson Reuters and Bloomberg, increased yet further still last year, according to Burton-Taylor International Consulting. Although the spend on data vendor solutions was flat from 2007 to 2008, Thomson Reuters garnered 34% of the market and Bloomberg was a close second at the top of the…

Reference Data Management to Witness “Winds of Change” Over Next 12 Months, Says Deutsche’s Sean Taylor

Reference data management is no longer at the fringes of an organisation in terms of the perception of its strategic importance by senior management, said Sean Taylor, director at Deutsche Wealth Management, to the delegation at Marcus Evans’ recent Reference Data conference last week. Taylor, who was chairing the event, indicated that increased regulatory scrutiny…

Daiwa Securities’ Next Focus for Data Quality Measurement is on Derivatives, Says Pampathi

Following the establishment of its data quality measurement framework last year, Daiwa Securities is now looking to expand its data management functions to the area of derivatives, explained Vinay Pampathi, executive director of the firm’s technology division, to delegates to last week’s Marcus Evans Reference Data conference. “Over the next six months we will be…

EDM Vendor m35 Launches New Version of DataTrans Solution with Focus on Risk

Enterprise risk management system vendor m35 has launched a new version of its DataTrans solution aimed at the enterprise data management (EDM) market. Version 3.5 of its flagship product, which is used to distribute data from multiple sources to downstream systems, features a new data management dashboard and improved user interfacing, says the vendor. Gavin…

Two Unnamed Banks Sign up for UnaVista’s Trading Data and Sedol Masterfile Capabilities

Two unnamed banks have signed up this month for access to the London Stock Exchange’s upgraded web-based matching reconciliation and data integration service, UnaVista. One bank has opted to used the service for suspicious trading activity monitoring, whereas the other is looking to LSE’s Sedol Masterfile for securities reference data checking. The service, which was…

Trillium Software and Syncsort Team Up for Data Quality Enhancements to DMExpress

Data quality solution vendor Trillium Software and data integration, protection and sorting software vendor Syncsort have designed a software-based application connector that links the two vendors’ offerings together. The connector therefore links the Trillium Software System data quality product with DMExpress, Syncsort’s data integration and extract, transform and load (ETL) solution. The partnership agreement is…

Asset Control Upgrades Tapmaster, Adds Graphical Visualisation and Exception Handling

Following the expansion of its instrument coverage last year, Asset Control has yet again upgraded its Tapmaster data management software, but this time with bells and whistles centred on improving its user friendliness and functionality. Version 4.0 of the solution therefore includes enhanced validation, graphical visualisation and exception handling, says the vendor. Asset Control has…

Aim Software and SFB Services4banks Partner for Reference Data Service in Switzerland

Aim Software has entered into a strategic partnership with Swiss?based application service provider (ASP) and outsourcing vendor SFB services4banks to provide the latter’s clients with a central reference data management platform based on Aim Software’s Gain Data Management solution. The two vendors are therefore working together to provide Swiss clients using SunGard’s Ambit Apsys with…

Data Practices Have to Change to Support Risk Management, Says A-Team and GoldenSource

Given the current financial climate, a large proportion of the financial services industry is engaged in changing its approach to data management in order to better support risk management, according to recently published research by A-Team Group. The research, which was commissioned by EDM vendor GoldenSource, indicates that there is a general feeling within the…

Trillium Software and Cordys Software Partner for Data Quality Strategy

Trillium Software has signed a partnership agreement with Cordys Software, a business process software provider, under which the vendors will work together to develop an integrated offering. Accordingly, Cordys has developed a connector that integrates the data quality capabilities of the Trillium Software System with the Cordys Business Operations Platform. Trillium Software’s solution is therefore…