Data Management Insight Data The latest content from across the platform
Coexis Doubles Workforce and Serisys Opens Two More Offices
London and New York-based Coexis has doubled its workforce over the last year to 100 employees and its Asian partner Serisys has opened two more offices in the APAC region as part of its plans to increase global coverage. According to the vendor the increase in staffing is a result of demand for its Syn~…
New-York Based Broker Selects XSP for Corporate Actions
An unnamed global broker dealer based in New York has licensed the XSP v5 platform for global corporate actions processing and is also in the process of rolling out the corporate actions software provider’s web-based eTRAN (Electronic Tracking Response and Notifications) and XSP ISO messaging modules for automated notification, response capture and elections processing. According…
Fitch Solutions Launches Risk and Performance Platform
Fitch Solutions has launched Fitch Risk and Performance Platform, a new platform providing market-based credit risk analytics, credit default swap (CDS) pricing and fundamental ratings content. It is an extension of Fitch’s market implied ratings platform and incorporates new tools for quickly reviewing credit entity performance within a user’s portfolio. According to the vendor, which…
SmartStream names Mason UK Director and Moves Cummings to APAC
SmartStream Technologies has appointed John Mason as UK regional director to replace Richard Cummings as he moves to head the firm’s Asia Pacific operations. Prior to joining SmartStream, Mason was managing director, EMEA for Capco Reference Data Service, which was bought by Netik earlier this year, and has held management positions with BCS, Aleri and…
Netik Launches New Managed Service for Reference and Market Data
Following its purchase of Capco Reference Data Services (CRDS) and restructure earlier this year, Netik has launched a new solution for the management of the end-to-end lifecycle of reference and market data and stepped into the outsourced service provider arena. Dubbed Netik Global Securities Master (Netik GSM), the new offering is based on a combination…
SimCorp Adds Complex Instruments Module to Dimension
Asset management system supplier SimCorp has incorporated a new module, XpressInstruments, which focuses on the processing of structured products and exotic instruments, into its investment management system, SimCorp Dimension. According to the vendor, this new addition allows these complex instruments to be valued using multiple market tested pricing and valuation models already contained within SimCorp…
XSP and City Networks Partner for Corporate Actions and Reconciliations Solution
City Networks has signed a partnership agreement with XSP to offer an integrated corporate actions, reconciliation and exception management solution. Under the new agreement, both City Networks and XSP will provide an integrated corporate actions and reconciliation solution to the financial market. The offering combines City Networks’ Proactive range of exception management, business process management…
Interactive Data to Acquire Italian Reference Data Provider for €19m
Interactive Data Corporation has agreed to acquire Italian reference data provider Kler’s Financial Data Service for a purchase price of €19.0 million (approximately US$29.5 million) in cash, as part of its plans to increase its presence in continental Europe. The transaction is expected to be completed early in the third quarter of 2008, contingent upon…
S&P and SuperDerivatives Partner to Create Largest Valuations Portal
Standard & Poor’s Securities Evaluations, a global provider of independent securities evaluations and derivatives specialist SuperDerivatives have established a sales and marketing alliance to target the fixed income securities and OTC and exchange-traded derivatives market. The resulting combined offering represents the largest independent valuation portal in terms of both geographic and asset class coverage. The…
A-Team Report: Complex Instruments Demand Overhaul of Data Management by Buy Side
Following last month’s webinar on derivatives and data management, A-Team Group and EDM vendor GoldenSource have released a report on the specific challenges faced by global reference data managers in buy side firms, with a particular focus on the impact of OTC derivatives. The report involved discussions with a sample of senior individuals directly involved…