Data Management Insight Data The latest content from across the platform
Interactive Data Adds CDS to Valuation Service and Promises Speedy Delivery
Interactive Data has added credit default swaps (CDS) and two CDS indices to its independent OTC derivatives valuation service, increasing transparency around the evaluation of these asset classes and helping users to improve risk management and regulatory compliance through a better understanding of CDS valuations. The company is also working towards intra-day and ultimately near…
Interactive Data Readies for Fallout from European Sovereign Debt Crisis
Interactive Data is seeking to reassure users of its evaluated pricing and reference data services that they will not be affected by any fallout from the European sovereign debt crisis. The big data provider has outlined its plans for responding to a Greek exit from the euro and other scenarios in a letter to customers….
Stop Press: Thomson Reuters Drops Enterprise Data Management Platform
In the same week that Markit announced plans to acquire Cadis, rival data vendor Thomson Reuters has confirmed plans to exit the enterprise data management platform business. The company has decided to withdraw its Enterprise Platform for Data Management product, and will focus instead on enterprise content in the form of pricing, valuations, corporate actions…
S&P Capital IQ and EDI Join Forces for Global Corporate Actions Service
S&P Capital IQ and Exchange Data International (EDI) have combined their respective North American and global data to deliver a consolidated global dividends and corporate actions service that will support risk management with timely and accurate corporate actions information. The move catapults the companies into competition with Interactive Data, Bloomberg and Thomson Reuters. The global…
SIX Financial Information Selects OneTick and AC Plus for IT Renewal
SIX Group is investing CHF100 million to rebuild and revitalise the IT infrastructure behind its Financial Information business, formerly Six Telekurs. The aim is to meet customer demand for improved reference and market data products and, in turn, renew the company’s reputation as an innovative market leader. The CHF100 million ($110 million) investment will be…
Markit Continues Buying Spree with Agreement to Acquire Cadis
Financial information services company Markit has agreed to acquire enterprise data management (EDM) solutions supplier Cadis for an undisclosed sum, confirming a rumour that has dominated the London reference data circuit for the past week or so. The deal is the latest in a series of Markit acquisitions that includes LogicScope, QuIC, Data Explorers, QSG…
S&P Capital IQ Details Plans for QuantHouse and R2 Acquisitions
S&P Capital IQ has set out its store following the February acquisition of risk analytics provider R2 and the April addition of real-time exchange and market data supplier QuantHouse saying its existing products will be integrated with the new arrivals to deliver more and more innovative solutions. According to Lou Eccleston, president of S&P Capital…
Multiple Repositories Expected to Emerge for Derivatives Trade Reporting
Regulations requiring derivatives trades to be reported to data repositories are looming in the US and not far behind in Europe, yet uncertainty remains about what exactly must be reported, which firms must report and how many data repositories there will be on a global scale. Debating the problems and opportunities of reporting derivatives trades…
China’s CITIC Securities Moves into International Trading with GoldenSource
Beijing-based CITIC Securities has selected GoldenSource to provide a core enterprise data management (EDM) platform to support its move into international securities trading. The first phase of data management will use the GoldenSource Securities & Products solution as the security reference data platform.
US Data Transparency Coalition Focuses on Federal Data in Capital Markets
The US Data Transparency Coalition (DTC) introduced last week to advocate for the standardisation of federal data published online, warns that without significant changes in electronic data creation and management capital markets remain open to a crisis on the scale of the 2008 collapse of Lehman Brothers. If that is a worst case scenario of…