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US Continues to Drag its Heels with Regards to a Decision on the Move to IFRS

In spite of the noises made last year by US regulators with regards to moving towards adopting International Financial Reporting Standards (IFRS), the US regulatory community has thus far failed to commit to a timeline for adoption or even indicate whether it is likely to move to the international accounting standards at all. In June…

DTCC’s MD of Corp Comms Goldstein Makes His Exit

After nearly 20 years with the Depository Trust & Clearing Corporation’s (DTCC) communications team, current managing director of corporate communications and public affairs Stuart Goldstein is due to depart for pastures unknown. Goldstein’s departure was announced in a recent intra-company memo and comes at a time when DTCC is raising its public profile in order…

Information Mosaic Americas Hires Sigrid Wiley As Product Specialist

Information Mosaic, a post-trade automation solutions vendor, announced today that it has hired Sigrid Wiley as a product specialist for the Americas region. In this role, Wiley will perform business analysis and consulting tasks, as well as deliver pre-sales support to the Americas sales team. She will also provide input to regional product direction. Wiley…

GoldenSource’s Stock Discusses 2010 Results and Prod Dev Plans in Pricing Space

Last week, GoldenSource announced that in 2010 it had achieved a 30% increase in revenues on the previous year, which Tom Stock, senior vice president of product management at the EDM vendor, attributes in part to the success of its new market data, data warehousing and risk management focused solutions. Speaking to Reference Data Review, Stock…

Good Year for GoldenSource?

The announcement of record 2010 results this week by EDM vendor GoldenSource could come as a surprise to some, given the bashing that the concept of ‘golden copy’ has taken in the industry of late and the numerous (thinly veiled) references to the troubles being experienced by the more established EDM vendors in the market…

McGraw Hill Financial’s Split from S&P’s Ratings Agency Signals its High Hopes for Data, Pricing and Analytics

The decision taken by Standard & Poor’s to split its data, pricing and analytics business from its ratings agency business, and to rebrand it under the new moniker of McGraw Hill Financial, is a further signal that the vendor has high hopes for this area of its business. Given the flack that the ratings agencies…

Interactive Data Awarded Second Patent For Fair Value Pricing Of An Asset

Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that it has been granted a second patent by the US Patent and Trademark Office for the fair value pricing of a financial asset. This patent extends this business process generally to securities that are not actively trading in a…

Eagle Plans Revision of its Mission Statement to Reflect the Importance of ASP

Back in December, Eagle Investment Systems’ president and CEO John Lehner told Reference Data Review that the vendor would be focusing on bolstering its software as a service (SaaS) offering, adding new integration tools and increasing its global coverage this year. In order to reflect this work and the increased importance of its application service provider (ASP)…

2011 US GAAP and SEC Taxonomies Available

The 2011 US GAAP Taxonomy and related taxonomies maintained by the SEC are now available, and companies may submit their interactive data filings to EDGAR using these taxonomies. A listing of all taxonomies available for use, including the 2011 US GAAP taxonomy, is located at http://www.sec.gov/info/edgar/edgartaxonomies.shtml. The EDGAR validation and Previewer have been updated to…

Bank of Beijing Undertakes New Initiative to Incorporate Accuity’s AML Solutions

Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening software, and services, is pleased to announce that Bank of Beijing, one of China’s largest commercial banks, has selected Accuity’s Compliance Link and Global WatchList. Compliance Link, Accuity’s modular enterprise-wide interdiction screening solution, and Global WatchList, Accuity’s proprietary collection of sanctions, enhanced due…