Data Management Insight Data The latest content from across the platform
SunGard Boosts Data Management Offering By Combining MarketMap and Fame Under SaaS Banner
In line with the current trend in the vendor community towards launching software as a service (SaaS) versions of data management solutions, SunGard has decided to combine its Fame and MarketMap offerings under the banner of a new SaaS environment. The vendor has just integrated Exchange Data International’s (EDI) corporate actions data feed into MarketMap and…
SmartStream’s McGill Elaborates on Risk and Integration Benefits of Misys Partnership
Following the signing of a partnership with investment management solution vendor ByAllAccounts last month, SmartStream has signed yet another partnership agreement, this time with risk and portfolio management solution vendor Misys. Alastair McGill, executive vice president of business development and alliances for SmartStream Technologies, explains that the vendors have been in discussions about the partnership…
Vendors are Having to Prove Their Worth in Burgeoning Corporate Actions Market, Says SmartStream’s Phillips
Firms in the US and Europe are seriously scrutinising the vendor solutions in the corporate actions space because of the pressure they are coming under from a risk management and data volume perspective, says Paul Phillips, senior business development consultant at SmartStream Technologies. The vendor has recently commissioned A-Team Group to conduct research into the…
Confluence’s Botula and Powell Elaborate on Data Implications of Money Market Fund Reforms
Data management solution vendor Confluence is busy readying itself to be able to provide its US-based customers with a solution that will allow them to meet the requirements of the US Securities and Exchange Commission’s (SEC) incoming Money Market Fund Reform Rule. Kirk Botula, executive vice president and chief operating officer, and Scott Powell, product…
Financial Service Firms Able to Significantly Improve Trade Lifecycle Management Through Partnership Between Misys and SmartStream
Misys, a global application software and services company, today announces that it has partnered with SmartStream Technologies to deliver improved risk control and greater efficiency across the entire trade transaction lifecycle. The partnership brings together two leading software providers to deliver a range of solutions that provide broad connectivity to market participants and exchanges, improve…
SunGard Adds New Corporate Actions Feed to MarketMap Market Data Solution
SunGard has expanded the market data content of MarketMap, its multi-asset market data, analysis and information services solution, with the addition of a new global corporate actions data feed from Exchange Data International (EDI), a provider of back office securities and administrative data. According to EDI, the feed covers data for 78,000 equities, 4,100 depository…
Schapiro Confirms SEC is Still on Course to Meet 2011 Deadline for Decision on IFRS
Earlier this year, Securities and Exchange Commission (SEC) chairman Mary Schapiro indicated that the regulator would be kicking off research efforts into how best to move the US towards adopting International Financial Reporting Standards (IFRS). This week, Schapiro has confirmed that despite the revised standards development timetable announced by the Financial Accounting Standards Board (FASB)…
SunGard Completes Year Long Integration of EDI’s Corporate Actions Data into MarketMap
Vendor giant SunGard has finally completed a year long integration project focused on expanding the content of its market data solution MarketMap to cover corporate actions data from Exchange Data International (EDI). Robert Jeanbart, global head of market data and information services for SunGard’s global trading business, explains to Reference Data Review that the integration was…
Primevest Adopts Broadridge’s Portfolio Accounting and Performance Reporting Service
Broadridge Financial Solutions today announced that Primevest Financial Services, a leader among broker-dealers dedicated to serving financial institutions, has implemented Broadridge’s Aspire Portfolio Accounting and Performance Reporting service. Primevest can now use the integrated service both to comply with new IRS requirements and to provide sophisticated performance reporting to their more than 400,000 accounts. “As…
Hong Kong’s SFC Fines Two Merrill Lynch Subsidiaries for Risk Management and Valuations Oversight Failings
Hong Kong’s Securities and Futures Commission (SFC) has fined two Merrill Lynch Asian subsidiaries a total of HK$3,500,000 (US$450,000) for systems and controls failings in their risk management and monitoring systems that led to the mis-marking of activities in a derivatives trading book. The SFC’s investigation found that during the period from December 2007 to…