Data Management Insight Data The latest content from across the platform
Quantifi Claims 2008 as a Strong Year for Growth with 37% Increase in Clients
Despite the economic downturn, analytics and risk management solutions provider Quantifi experienced what it reckons was significant growth over the course of last year. Rohan Douglas, CEO and founder of the vendor, says that the results are indicative of the increased demand for its credit pricing and risk analytics solutions. “In particular, we witnessed a…
Current Economic Climate is Forcing Buy Side to Re-evaluate Data Management Systems, Says Asset Control
The current financial crisis has had a significant impact on the buy side’s data management practices, according to a recent white paper by Asset Control in partnership with London-based management consultancy Lepus. Martijn Groot, director of market strategy at Asset Control, explains the highlights to Reference Data Review. The white paper, entitled “Establishing Control: Buy-Side…
JPMorgan Agrees to Provide ISDA with CDS Pricing Engine to Increase Transparency
JPMorgan has agreed to hand over its proprietary credit default swap (CDS) pricing engine to the International Swaps and Derivatives Association (ISDA) as an open source platform with a view to improving transparency in the market. It is hoped that this move will deter regulators from stepping in to regulate the sector, which has come…
XSP Moves Corporate Headquarters to Larger Premises
Corporate actions software vendor XSP has moved its corporate headquarters to larger premises in Birmingham, Alabama. According to the vendor, the move is designed to accommodate future growth and bolster client service activities. The vendor says it selected Birmingham because of its position as a banking centre and its local community of technology professionals. XSP’s…
NZX in Discussions to Sell Carbon Registry Business to Markit
New Zealand exchange NZX is currently in discussions with OTC data specialist Markit to sell its wholly owned carbon registry business, TZ1 Registry, to the vendor. According to a spokesperson from Markit, discussions about the sale have been ongoing for four months and the deal is still awaiting formal board approval. TZ1 Registry is the…
Firms are Focused on the Three Rs: Risk, Regulation and ROI, Says GoldenSource’s Raeves
Today’s economic environment has caused financial institutions to go back to basics and focus on the three Rs: risk, regulation and return on investment (ROI), explained Gert Raeves, senior vice president of strategic business development and marketing at GoldenSource, to attendees at the EDM vendor’s recent briefing on risk management. Raeves also discussed the findings…
EDM Council Releases Draft of Semantics Repository for Industry Evaluation
Following the announcement of its plans to establish an online semantics repository in May last year, the EDM Council has finally released the first draft of the repository for industry evaluation. The online conceptual data model and data dictionary is aimed at providing an open resource for collaboration among industry participants and tackling the problem…
Fitch Taps Thomson Reuters’ Warner to Head Content Operations
Fitch Solutions has named Simone Warner senior director and head of its global content operations. Based in London, Warner will report to Thomas Aubrey, managing director, Fitch Solutions. In this new role, Warner will manage Fitch’s internal content teams and be responsible for the content requirements of Fitch Solutions and Fitch Ratings. As such, she…
European Issuer Community is Focused on Standardisation, Says Fransens
The European issuer community is working with the rest of the industry towards achieving greater efficiency and reduced costs in the area of corporate actions processing, according to Dorien Fransens, secretary general of EuropeanIssuers. Speaking to the delegation at CorpActions 2009 Europe, Fransens elaborated the progress that the two cross sector working groups, looking at…
Data Management Projects Need to Hit Three Sweet Spots to Get Green Light, Says Northern Trust’s Chapman
In the current cost cutting climate, corporate actions automation projects need to hit three sweet spots in order to secure funding, Justin Chapman, senior vice president of Northern Trust told delegates to CorpActions 2009 Europe. These sweet spots take the form of cutting costs, reducing risks and providing more intellectual property, he explained. “Although it…