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Issuer Community to Remain a Sticking Point for XBRL in Corporate Actions, Says SmartStream’s Middendorp

The issuer community is likely to remain a sticking point for the Swift, XBRL US and Depository Trust & Clearing Corporation (DTCC) initiative to introduce XBRL data tagging to issuer documents for the foreseeable future, according to Kees Middendorp, senior consultant for corporate actions at solution vendor SmartStream Technologies. Although the introduction of XBRL to…

GFI Group Announces Release of FENICS Exotics

GFI Group has announced the release of FENICS Exotics, a powerful collection of models used to price all major exotic FX instruments. FENICS Exotics pricing models are carefully tailored to work the way a market practitioner would expect to use them in the FX markets. The component provides accurate prices and tradable bid/ask spreads that…

EDM Council Readies Industry Benchmarking Survey, Continues Semantics Repository Development

The EDM Council has been working in partnership with IT consultancy firm Headstrong to put together a global data management benchmarking survey, aimed at providing comparable metrics on the data management projects going on across the industry. The survey involved 65 firms and will be discussed at an upcoming launch event in New York in…

Information Mosaic’s Bermingham on Swift’s 2015 Strategy, Standards and a Utility Future

Reference Data Review catches up with Gerard Bermingham, vice president of business strategy for the Americas at vendor Information Mosaic, about his views on Swift’s new 2015 strategy and how the industry network operator should figure in the standards development process and the reference data industry of the future. How well do you think the goals…

Avox’s Price Talks up Wiki-data Progress, Market Opportunities in the Ref Data Space

The development of Avox’s online look-up tool for entity data, which it dubbed Wiki-data, is one of the major developments for the vendor over the last year, according to CEO Ken Price. He first elaborated on the idea in detail at last year’s FIMA in London and indicates that the tool has come on leaps…

Broadridge Supports International Expansion with New Appointments

Broadridge Financial Solutions today announced new appointments and a relocation in line with both its growing international strategy and its increased presence in the Asia Pacific region. Julie Kerr has joined Broadridge in the role of senior sales executive, responsible for sales in Hong Kong and Singapore. Shehas over 19 years’ experience in sales and…

Information Mosaic is Planning Launch of New Asset Surveillance Solution Later This Year, Says Singh

Post-trade solution vendor Information Mosaic is planning to launch a new asset surveillance solution later this year, in addition to promoting its upgraded client front end for its flagship corporate actions solution. Manmohan Singh, head of product leadership at the vendor and country head of its Indian operations, who joined the vendor back in October…

US SEC Passes Proxy Voting Reforms, New Data Requirements on Their Way in 60 Days

The US Securities and Exchange Commission (SEC) has passed a reform this week that issues additional rights to “long term” shareholders, who own or have owned continually for three years and have at least 3% of the company’s voting stock, to be able to nominate candidates to the boards of the companies they own. As…

Pricing Partners Successfully Completed the Platform Test for ISV Solutions to Become Microsoft Certified Partner

Pricing Partners announced today that Price-it successfully completed the Microsoft ISV (independent software vendor) Solutions Platform Test. The platform test for ISV solutions is the breadth test that allows software vendors to measure their solution’s technical capabilities against a specific set of Microsoft technical quality standards. Pricing Partners adopts the latest Microsoft .NET technologies for…

SIX Group’s Information Biz is Down 3% Revenue on Previous Year’s First Half Figures

The revenue for the first half of this year for SIX Group’s financial information business, SIX Telekurs, is down 3% on the previous year’s figure for the same period. According to the vendor, the decline from CHF205.3 million in 2009 to CHF199.1 million this year was largely attributable to the negative effect of the euro…