Data Management Insight Data The latest content from across the platform
Myners’ Voting Rights Proposals Could Pose Significant Data Challenges
The UK’s Financial Services Secretary Paul Myners’ proposals to establish a two tier shareholder register could add another layer of data complexity for financial institutions operating in the market. The proposals are aimed at ensuring longstanding institutional investors receive greater voting clout than short term investors and preventing the increase in what Myners calls “ownerless…
StatPro Confirms 19% Increase In Revenue for First Half of Year, Adds Ex-Interactive Data CEO Clark to Non-Exec Board
Portfolio analytics and data solution vendor StatPro has experienced a positive start to 2009, with the posting of a 19% increase in revenue on last year’s figures for the first half of the year. At a time when so many other vendors are struggling, it seems that strong renewals and new sales have buoyed the…
Asset Control’s New AC Plus Desktop Tool Aimed at Helping Business Users Get to Grips with Data, Says Enfield
In keeping with its current focus on the valuations space (as discussed in last month’s issue of Reference Data Review), enterprise data management (EDM) vendor Asset Control has released an upgrade for its AC Plus Desktop solution aimed at providing more transparency around pricing data. Rick Enfield, product business owner of the AC Plus solution,…
Interactive Data Enhances Cost Basis Service for Multiple Tax Lots
Interactive Data’s Pricing and Reference Data business has enhanced the capabilities of its web-based Cost Basis service. This service is designed to help automate the calculation and delivery of cost basis information and enable firms to more effectively monitor their customers’ securities cost basis over time. Interactive Data has broadened the capabilities of the service…
European Parliament Introduces New Legal Framework for Ratings Agencies
Last week, the European Parliament approved the introduction of a new regulatory framework for the region’s ratings agencies as part of its post-crisis overhaul of the oversight of the financial services sector. The new regulation is aimed at ensuring that credit ratings used in the EU for regulatory purposes are of the “highest quality” and…
Quantifi Releases Version 9.2 to Support Evolving Global Credit Markets
Quantifi, a provider of analytics and risk management solutions to the global credit markets, has announced the release of Version 9.2 (V9.2) of the firm’s pricing, hedging and risk analysis software. Quantifi has released V9.2 as part of its ongoing commitment to keep customers up to date with the market’s rapidly changing regulatory and operational…
DST Global Solutions Appoints Sarwal as Chief Exec of its Investment Management Solutions
DST Global Solutions has appointed Arun Sarwal as Chief Executive of its Investment Management Solutions business. Sarwal, who has been advising the company on its strategy since September 2008, will head a business division comprising around 800 employees across some 16 locations with responsibility for solutions strategy, application development and delivery, client support and consulting…
US Department of Justice Scrutinises Markit’s CDS Activities
Regulatory scrutiny of the derivatives market is at an all time high following the financial crisis and the desire of the regulatory community to be seen to be taking the issues raised by the crisis in hand. Most recently up for investigation is data provider Markit Group, which is currently under investigation by the US…
The Sibos Vendor Agenda: Fiserv’s Harries on All Things Swift and Securities
Ahead of next month’s Sibos conference in Hong Kong, A-Team Group speaks to exhibitors and attendees about what they’re expecting from Swift this year. Geoff Harries, vice president of product strategy at Fiserv, discusses the hot topics for the conference and how they relate to the vendor’s own agenda. As previously noted by Reference Data…
FISD and Lakefront Data Salary Survey Highlights Data Management’s Modest Pay Scales
It is no secret that data management is a part of the financial services industry that has long been underfunded in comparison to other areas. To back up the anecdotal data that already exists about the plight of the data manager, the Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA)…