Data Management Insight Data The latest content from across the platform
Broadridge Financial Solutions Buys Access Data Corporation for Undisclosed Amount
Broadridge Financial Solutions has acquired Pittsburgh-based enterprise-wide reporting and data management solution vendor Access Data Corporation, with a view to strategically expanding its investor communications hub, data aggregation and data management solutions. Gerard Scavelli, president of mutual fund solutions at Broadridge, says the main draw for the vendor was the smaller vendor’s technology platform, SalesVision….
Numerix and Lumina Americas Team up for Pricing and Risk Management Offering
Numerix, an analytics provider for the structuring, pricing and valuation of derivatives and structured products, has signed a partnership agreement with regional consulting and technology services firm Lumina Americas to combine their respective offerings. Under the agreement, Lumina, which services the Latin American and Spanish markets, will offer Numerix’s suite of pricing models and risk…
IASB Indicates Will Expedite Overhaul of IAS39 in Line with EU Government Requests
Following complaints by European Union finance ministers about a disparity between accounting standards in the region and the US, the International Accounting Standards Board (IASB) has indicated that it will speed up the decision making process with regards to altering the rules in question. The IASB had originally planned a revision of IAS39 to be…
High Levels of Market Volatility Have Driven Increased Requests for Valuations Services, Says Interactive Data
The unprecedented levels of volatility in the current market have resulted in an increase in the requirements for valuations services, according to Rob Haddad, director of Interactive Data’s Evaluated Services business. Speaking during the vendor’s recent webcast, “Impact of volatile markets on fair valuation of international funds”, Haddad indicated that funds are invoking fair value…
Unnamed European Bank Selects PolarLake for Data Integration Project
The capital markets division of an unnamed European bank has selected reference data distribution solution vendor PolarLake to lead its data integration project. According to John Randles, CEO of the vendor, the project will involve the integration of multiple data streams and data types including trade, position, pricing and reference data into a group-wide financial…
Transparency, Granularity of Data and Coverage are Key Issues in Current Market, Says Valuations Vendor Community
The financial crisis has resulted in a flurry of activity in the valuations vendor community to take into account the market requirements for increased transparency and greater granularity of data, agreed speakers at last month’s Valuation and Risk 2009 conference in London. Ian Blance, industry consultant and conference chair, told delegates that it is no…
Volante Technologies Releases New Streamer for Cusip Integration Solution
Volante Technologies has launched a new solution aimed at integrating Standard & Poor’s Cusip Master File Service into firms’ databases or downstream applications. The new Streamer for Cusip solution was developed with the support of S&P’s Cusip Global Services (CGS) business and allows for the processing of additional data management rules such as validation and…
Fincad Launches New Version of Analytics Suite for Excel
Fincad has released a new version of its Fincad Analytics Suite for Excel with added functionality to respond to the recent market volatility affecting yield curves. The new version includes basis curve pre-built workbook solutions to help valuations models more accurately reflect market conditions, says the vendor. Bob Park, president and CEO of Fincad, says…
Information Builders Launches New XBRL Reporting Platform
Business intelligence solution vendor Information Builders has launched a new platform for the filing of global financial reports in XBRL format. The WebFocus Financial Reporting Exchange platform is aimed at reducing the cost and complexity of filing these reports in XBRL, as required by the Securities and Exchange Commission (SEC), says the vendor. The SEC…
SIX Telekurs Adds Data from Moody’s Analytics and Mergent for US Municipal Securities
SIX Telekurs has added two new data feeds to its US fixed income market coverage from Moody’s Analytics and Mergent. The vendor is now receiving daily municipal securities pricing data from Moody’s and reference and descriptive data on these bonds from Mergent. “The combination of Mergent’s rich terms and conditions content with Moody’s sophisticated, modern…