Data Management Insight Data The latest content from across the platform
Abbey Financial Markets Live on DTCC Corporate Actions Data
In what DTCC says is a significant boost for the international penetration of its Global Corporate Actions Validation Service (GCA VS), Abbey Financial Markets has gone live with the scrubbed corporate actions data source, taking the ISO 15022-formatted feed directly into its trading system Global One. There are now 22 users of GCA VS, including…
ISIDPlus Reaches Coverage of One Million Issues
ISIDPlus, a cross-reference securities identifier service targeted at asset managers, now covers one million issues globally. Established in 1989, ISIDPlus is a strategic alliance between Standard & Poor’s and Telekurs Financial designed to bring clarity to financial information, including securities identification, pricing and corporate action information. “ISIDPlus allows customers to view substantial information from various…
F&C Selects Citadel Associates’ CADIS for Data Management
F&C Asset Management has selected Citadel Associates’ CADIS as its data management platform. F&C is among a number of investment managers to take CADIS in recent months, with others including AMVESCAP, the Canada Pension Plan Investment Board (Reference Data Review, November 2006) and Schroders plc (Reference Data Review, February 2006).
Daiwa Securities Extends XSP Software Agreement with Xcitek
Daiwa Securities America has extended its XSP software agreement with Xcitek for corporate actions processing. The Japanese-owned broker/dealer, which implemented the application in 2004, has renewed its contract for another three years. Xcitek will also accelerate its delivery of the Swift Standards Release (SR) 2007 Upgrade for XSP to clients. Xcitek will be delivering its…
Vermeg Completes Swift Testing For Corporate Actions
MEGACOR, Vermeg’s end-to-end corporate actions solution, has completed the Swiftnet Testing and Certification Service Proof of Concept (POC) project for ISO 15022 corporate actions messages. MEGACOR has also been accredited, for the fifth consecutive year, with the SwiftReady Gold Label in the corporate actions category.
Saxo to Automate CA Processing With SmartStream TLM
Copenhagen-based Saxo Bank, provider of an online trading platform for foreign exchange, currency products and other securities, has purchased TLM Corporate Actions from SmartStream Technologies.
IDC Awarded Patent for Fair Value Pricing of Financial Assets
Interactive Data Corporation’s Pricing and Reference Data business has been granted a patent by the US Patent and Trademark Office for the fair value pricing of a financial asset. As Reference Data Review went to press, IDC also announced that its Pricing and Reference Data business has been selected by HedgeSpeed Technology – provider of…
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The world of reference data does not typically get associated with the newest and sexiest innovations in technology, more’s the pity. But there are signs that this is changing, with a growing number of players active in the service oriented architecture (SOA) space rounding on reference data distribution as a target area for implementation of…
ReferenceDataFactory Unveils Bloomberg Adaptive Client
Data integration vendor ReferenceDataFactory (founded by a team of ex-FTI/GoldenSource people) has launched RDF Adaptive Client for Bloomberg Back Office. The service oriented architecture (SOA)-based solution for integration across Bloomberg Back Office and Per Security is designed to enable standards-based distribution of the data enterprise-wide. This Adaptive Client joins similar offerings for Reuters and Interactive…
EDI Avoids LSE Policy Change By Generating UK CA Data Itself
Data vendor Exchange Data International (EDI) is to compete head to head with the London Stock Exchange on UK corporate actions data, in a move it positions as being a direct response to recent data pricing and distribution policy changes by the LSE. EDI has been a vocal critic of the changes affecting LSE’s corporate…