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BB&T Renews XSP Licence, Adds Second Data Feed into Golden Copy
Branch Banking & Trust (BB&T) in the US – which has $130.8 billion in assets – has renewed its licence for the XSP corporate actions solution, with the addition of an interface to a second corporate actions data feed – DTC Redemption and Reorganization – to complement the data it already takes from Xcitek, formerly…
Moody’s Acquires Mergent Evaluations Business, Plans to Offer Full Range of Fixed Income Prices
Moody’s has agreed to acquire the assets of Mergent Pricing and Evaluation Service from Xinhua Finance subsidiary Mergent, and will integrate the pricing service for corporate and municipal bonds into Moody’s Evaluations in a bid to offer a complete range of fixed income valuation services. Mergent will support Moody’s new service offering by providing its…
EDI Adds Shareholder Circulars, Says “No Fall-Out” From Decision to Compete Head-On with LSE
Reference and corporate actions data provider Exchange Data International (EDI) has fulfilled a commitment made earlier this year to offer online access to shareholder circulars (Reference Data Review, March 2007). An enhancement to its direct sourced UK corporate actions database WinCAB2, the web-based service enables more timely, easier and cheaper access to these documents, which…
Swift Shifts Reference Data Strategy Personnel
Swift has made some changes to the personnel handling its reference data strategy. The co-operative has appointed Paolo Bernini head of information products of which reference data is an important component, it says. Peter O’Keefe meanwhile has moved from product management to markets, with responsibility for defining Swift’s reference data strategy – with a particular…
Citadel Signs Principal Global to Data Management Platform
Principal Global Investors has selected CADIS from Citadel Associates as its global data management platform. Principal Global Investors manages $244.9 billion in assets primarily for retirement plans and other institutional clients and is a member of the Principal Financial Group. With CADIS, Citadel’s component-based platform for the management of corporate data – version 5 of…
Hong Kong’s CLSA Picks Coexis Syn~ for Enterprise Ref Data Management, Back Office Replacement
London and New York-based technology vendor Coexis has signed a global contract with Hong-Kong based investment bank CLSA Asia-Pacific Markets for the deployment of Coexis’ Syn~ for enterprise-wide reference data management and securities processing. Syn~ will be the primary processing system for CLSA Transaction Management at its Global Operations Centre in Singapore. Syn~ will then…
Reuters Adds OTC Equity Options Prices to DataScope Select
In its third quarterly release this year of its hosted data management and extraction platform DataScope Select, Reuters has incorporated what it says are significant enhancements to the solution in the areas of OTC equity options pricing and counterparty data. The evaluated pricing services within Reuters DataScope Select have been extended with the provision of…
Interactive Data Leverages Xcitek Acquisition to Offer Intraday Corporate Actions Data
Interactive Data Corporation’s Pricing and Reference Data business has introduced in North America a new service for delivery of corporate actions information to clients throughout the day. The service leverages Interactive Data’s acquisition of Xcitek earlier this year (Reference Data Review, April 2007); intraday delivery of corporate actions data was already on the Xcitek product…
Keep Your Data Vendors Close and Your Users Closer, Deutsche Bank EDM Head Says
Success in enterprise data management (EDM) programmes is dependent on education – of internal users, of data vendors and of the EDM team itself. So said Jim McCarthy, EDM programme manager at Deutsche Bank, speaking at FIMA 2007 in London earlier this month. “It’s a constant for us to ensure we can describe our data,…
Citi’s Bottega Pitches Office of Data Management as Solution to EDM Organisational Challenge
Enterprise data management (EDM) is “real and here”, but is there enough understanding of how to organise EDM programmes within firms to ensure they can be successful at it? This was the key question raised by John Bottega, chief data officer at Citi Markets & Banking, during his now regular keynote slot at FIMA, which…