Data Management Insight Data The latest content from across the platform
Aim Software Establishes Regional Office for Benelux in Luxembourg
Aim Software, a European provider of reference data management solutions to the financial industry, today announced that it has opened a subsidiary in Luxembourg to better serve the Benelux market and provide its existing and future customer base with an extended local service. The office opening in Luxembourg together with the strengthening of the activities…
Harness UK Selects Fincad Analytics for Derivatives Valuations
Fincad, a global provider of financial analytics, and Harness UK today announced that Harness Liquid Macro Fund has selected Fincad Analytics to provide real time derivatives pricing and risk monitoring. Harness uses Fincad Analytics Suite for Excel as its primary desktop derivatives pricing solution for front office applications such as trade evaluation, risk monitoring of…
DST Global Solutions Appoints Head of Risk Solutions for North America
DST Global Solutions, a provider of business solutions and services to the global investment management industry, has today announced the appointment of Edward Dumas to spearhead its Risk Management Solutions in North America. Dumas joins DST Global Solutions from Manzanita Advisors where he served as President and was responsible for the corporation’s strategic focus, customer…
Advent Extends Alliance with Thomson Reuters to Advent Portfolio Exchange Clients
Following its announcement of the signing of an agreement with Advent last month, Thomson Reuters has extended the agreement to cover the buy side software vendor’s Advent Portfolio Exchange (APX) solution. Under the terms of the new agreement, the data vendor will link the portfolio management solution with its global pricing and security reference data…
TCS Upgrades Corporate Actions Offering, Bags Three New Customers for Solution
Tata Consultancy Services (TCS) has upgraded the platform underlying all of its capital markets solutions including its corporate actions offering: TCS B?NCS for Corporate Actions. Devesh Gupta, principal consultant for the vendor’s corporate actions solutions, tells Reference Data Review the details of the version five upgrade and its three recent client wins. The main focus…
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…