Data Management Insight Data The latest content from across the platform
Citadel Associates Changes Name to Cadis Software, Gets – Another – New CEO
Citadel Associates, provider of enterprise data management (EDM) systems for the buy side, has revealed its imminent name change to Cadis Software, assuming the name of its flagship product Cadis EDM Suite. Daniel Simpson, who has been a board member since July 2007, will take over the role of CEO, while former CEO Peter Little…
GoldenSource Expands Data Access
GoldenSource has introduced a series of connections to suppliers of high risk/high value data in areas such as derivatives, risk, pricing, corporate actions and counterparty data. The new connections to Markit RED, RIMES Fixed Income Benchmarks’ data platform, Bloomberg Extended BackOffice, Interactive Data FTS and IDC ISO 15022 are already in production at a number…
EDI Adds Unit Trust Dividends to UK Dividend Service
Exchange Data International (EDI), provider of reference and corporate actions data, has integrated Unit Trust dividend information into its UK Dividend feed. Available as an additional set of the UK Dividend feed or on its own, the Unit Trust Dividend feed gives access to information like Group 1 and Group 2 distributions and equalisation rates…
Paladyne Integrates Reuters DataScope Onsite into Hosted Hedge Fund Suite to Meet Demand for ABS Data
Reuters and Paladyne Systems, provider of onsite and hosted hedge fund solutions, have completed the integration of Reuters DataScope Onsite with the Paladyne suite of products. The aim is to meet increased demand within the alternative investment industry for comprehensive data on asset-backed securities. Reuters DataScope Onsite carries more detailed data on these instruments and…
NYSE Euronext Acquires IVRS, Launches Prime Source To Capitalise on Market’s Transparency Focus
LIFFE (Holdings), a subsidiary of NYSE Euronext, has acquired Independent Valuation and Risk Services (IVRS) for some £700,000, plus a deferred consideration element. Hard on the heels of this acquisition, NYSE Euronext has also launched Prime Source, a new independent valuation service. IVRS is a wholly-owned subsidiary of Lombard Risk Management, provider of software and…
Reuters Aims to Price 100% of Customers’ Derivatives Holdings
Reuters’ recently announced service for delivering bespoke valuations for derivatives and complex securities (ReferenceDataReview.com, January 28 2008) formalises an activity the vendor has been testing for a couple of years, and reflects a recognition that firms increasingly want to offload the valuations burden on to a third party. Reuters has been providing bespoke evaluations to…
Credit Crunch Pushes Industry Mood in Favour of Third Party Valuations, OTC Val’s Blance Believes
The credit crunch may have put pressure on spending decisions by financial institutions, but the need for external sources of evaluated prices, particularly for asset backed securities, has been “starkly portrayed”, and the “mood is definitely swinging in favour” of making greater use of third party sources, believes Ian Blance, who recently joined derivatives specialist…
EDI Adds Structured Products to Corporate Actions Database
Exchange Data International (EDI), a specialist in the aggregation of reference and corporate actions data, has integrated structured products into its corporate actions database and Security Reference File services. Thus far EDI has integrated the following instruments into its database: Close Ended Funds, Investment/Income Trusts or Listed Investment Companies, Exchange Traded Funds, Principal Protected Notes,…
BNY Mellon Asset Servicing Goes Live on ValueLink OTC Service
UK-based ValueLink has extended its provision of data services to BNY Mellon Asset Servicing to include OTC counterparty price collection and data reporting. The service for BNY Mellon, which ValueLink has been providing since the first week of December 2007, following extensive testing, is similar to that which the vendor has been providing to BNP…
Markit to Launch Multi-Dealer Valuations Platform
UK market data vendor Markit Group is working with six Wall Street banks to launch a global, multi-bank, cross-asset client valuations platform. The Markit Valuations Manager platform will provide electronic delivery of daily OTC derivative and consensus cash valuations from Citi, Credit Suisse, Goldman Sachs, JPMorgan, Merrill Lynch and UBS alongside Markit’s own independent valuations….