Data Management Insight Data The latest content from across the platform
Algorithmics Awarded Patent for Loan Valuation Technology
Algorithmics has received a patent for technology that enables financial institutions to derive fair market values for their loans and other credit related instruments using techniques designed to improve accuracy and transparency relative to current industry approaches. The technology will help banks structure, price, value, simulate and subsequently risk manage their complex loan portfolios in…
Aim Software, SIX Telekurs and Rolotec Partner for Reference Data Integration Solution
Swiss software vendor Rolotec has signed a partnership agreement with data management solution vendor Aim Software and data provider SIX Telekurs under which the vendors will work together on a reference data integration solution. Rolotec has traditionally been focused on the world of real-time data integration but has been driven to look at reference data…
Reference Data Storm in a Teacup
Delegates to this year’s Sibos conference in Hong Kong faced high winds, lashing rain and a barrage of news about the world of reference data. Given the drought of reference data specific discussion topics at last year’s event, it was refreshing to hear panellists discussing topics including XBRL data tagging, corporate actions standardisation and the…
Regulation and Risk Management Both Helping and Hindering the Data Management Cause, Say RDR Readers
Although many vendors are claiming that the global regulatory overhaul and a renewed focus on risk management practices within financial institutions have lent weight to the data management cause, it seems that they have also proved to be a hindrance. According to the latest Reference Data Review reader poll, half of respondents feel the developments…
Thomson Reuters Integrates Kamakura’s Default Probabilities into CDS Pricing and Analytics Suite
Thomson Reuters today announced that it has integrated Kamakura’s default probability service into its flagship financial desktop, Reuters 3000Xtra. Kamakura’s default probabilities are now available via Reuters 3000 Xtra covering a universe of more than 1,500 public firms and close to 100 sovereign entities. Along with Thomson Reuters credit default swap (CDS) spread data, the…
Pricing Partners Implements Double-Heston Model for its Equity Module
Pricing Partners announced today a state-of the art stochastic volatility model, the Double-Heston Model, to be implemented for its Equity, FX and Commodity Module to enrich its Price-it Library. Based on the Heston Model generated by Steven Heston, Double-Heston Model is identified as an extension committed to forecasting a more flexible approach to model the…
Large Investment Bank Opts for PolarLake’s Reference Data Distribution Solution
Following the launch of its Reference Data Distribution (RDD) solution in July last year, PolarLake has signed its second big customer in the form of an unnamed global tier one investment bank. The bank is rolling out the solution as part of its revamp of its global reference data programme, which is focused on the…
Interactive Data and Goal Offer Global Service to Support Clients Throughout Securities Class Actions Lifecycle
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business has formed an alliance with Goal Group Limited, a UK-based global class actions service specialist, to provide a comprehensive, outsourced class actions service designed to support investors and corporations throughout the entire lifecycle…
Swift on Course for Cost Cutting, Corporate Actions is Big Focus This Year
The first day of Swift’s Sibos conference included a press conference during which CEO Lazaro Campos elaborated on the cooperative’s plans to drastically cut its cost base and the opening plenary, which included many references to Swift’s recent successes in the corporate actions space. Delegates to the event in Hong Kong therefore got the lowdown…
Fiserv Breaks Corporate Actions Silence with Upgrade to eVent Solution
After a fairly quiet year so far from the Fiserv corporate actions team, Sibos saw the launch of a newly enhanced version of its eVent corporate actions automation solution. The upgrade is aimed at improving the flexibility of election and instruction processing and the notifications process with more customisable options, explains Geoff Harries, vice president…