Data Management Insight Pricing & Reference Data The latest content from across the platform

Stream Financial Releases High-Performance Data Management Platform

Stream Financial has released a data management platform designed to solve the problems of data siloes and ageing enterprise data management (EDM) solutions, and deliver efficient, high-performance data management that can reduce total cost of ownership and help firms improve margins. The platform challenges traditional data management systems, but keeps existing infrastructure in place, by…

How to Tackle the Exorbitant Cost of Sourcing and Cleansing Market Data

The financial industry spends $28.5 billion on externally sourced market data and a further $2-3 billion cleaning it up so that is can be used internally. Why is this so difficult and costly, and what can the industry and market participants do about it? Peter Moss, CEO of the SmartStream Reference Data Utility (RDU), will…

IHS Markit Extends Use of OTC Derivatives Valuations to Best Execution Compliance

IHS Markit has extended the use of its OTC derivatives valuation data to financial institutions working on best execution compliance. The time-stamped valuation data can help firms monitor intraday and historic transaction costs across interest rate, equity, FX, credit, commodity and structured product OTC derivatives. Laura Misher, managing director of derivatives data and valuation services…

Derivatives Service Bureau Conducts User Survey on Fee Model

The Derivatives Service Bureau (DSB), which issues International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs) for OTC derivatives, is conducting a user survey,  and establishing an Agreement Forum as part of its 2019 industry consultation milestones. The initiatives have been set up to ensure continued industry…

Danske Bank Implements AIM Data Portal to Centralise and Optimise Reference Data

Danske Bank is implementing AIM Software’s GAIN Data Portal to centrally source, monitor and optimise the bank’s reference data and snapped prices from a leading data provider. Subject to requirements, the bank will broaden data coverage with additional vendors. Danske Bank was looking for a solution that would help it stage and distribute its data…

Apex Group Selects GoldenSource for Centralised Pricing and Reference Data Services

Apex Group, a global fund administrator, has selected GoldenSource to deliver a centralised pricing and reference data service based on the vendor’s enterprise data management (EDM) software-as-a-service (SaaS) solution. The fund administrator delivers a broad range of services to asset managers globally and intends to use GoldenSource’s centralised pricing and reference data service to support…

FCA Prepares for No Deal Brexit with UK FIRDS Testing Starting Tomorrow

As the countdown to Brexit continues with no certain outcome, the Financial Conduct Authority (FCA) is preparing for a no deal scenario with a UK Financial Instruments Reference Data System (FIRDS) that will replace the European Securities and Markets Authorities’(ESMA) FIRDS. Testing of the FCA model starts tomorrow, February 21, 2019, with live production data…

Asset Control 2019 Roadmap Advances ACX NoSQL Platform, Adds Data Lineage and Managed Services

Asset Control is gaining traction with the ACX cloud-based data delivery, storage and analytics platform it released late last year to manage increasing data volumes, reduce infrastructure costs, and provide business and technical users access to data exploration. On the sell-side, clients are using the platform for market risk applications including compliance with Fundamental Review…

Refinitiv’s John Mason Talks to DMI About Transitioning to the Cloud

Refinitiv, formerly Thomson Reuters Financial & Risk business, is off the runway and heading for the cloud with a view to transitioning its data and clients to the cloud, bringing processes to data rather than data to processes, and helping clients gain value from data and tackle the thorny issue of total cost of ownership…

Capgemini Marches on with IDMS Reference Data Utility Despite Talk of Pullback

Whatever happened to the Capgemini (nee iGate) Integrated Data Management Services (IDMS) utility? With little or no market visibility in the past 12-18 months, many in the industry surmised that new owners Capgemini had developed cold feet in the face of slow expansion. When the utility’s sales group in London and New York was folded…