Data Management Insight Data The latest content from across the platform
CIG Supports AIM Software in US, Targets Mid Office Needs
New York based consultancy Computer Intelligence Group (CIG) has partnered with Austria based AIM Software to market, implement and support its reference data management platform GAIN in the US, with an initial focus on large banks, brokers and mutual funds in New York and Boston. The two companies – which are also working closely with…
Solid Reference Data a Prerequisite For Liquidity Management Success
If you thought the heady world of automated trading, dark pools and liquidity fragmentation under MiFID and RegNMS had little effect on the humble reference data function, then you thought wrong, it seems. A recent research note from analyst Tabb Group identifies a growing need for sell side firms to establish comprehensive liquidity management functions,…
Reuters Appoints IDC’s Oldham to Manage Asia Pacific Pricing Service
Malcolm Oldham, previously responsible for Interactive Data’s evaluated fixed income pricing throughout the Asia Pacific region, has joined Reuters to manage its Pricing Service, launched in Asia Pacific in March 2006. Oldham is based in Melbourne, and reports to Pricing Service management in New York.
Markit Integrates ABSReports Data into ABS Pricing Service
Data and valuations provider Markit Group has acquired ABS deal reporting service ABSReports, and will integrate its performance data into the Markit European ABS pricing service. The integrated offering will bring greater efficiency and transparency to the secondary European ABS market, Markit says. According to Ben Logan, managing director of product development at Markit, a…
Jordan & Jordan Hires Neil Edelstein as Director and Reference Data Specialist
Jordan & Jordan’s Management Consulting Practice has appointed Neil Edelstein as director and reference data specialist. Edelstein joins Jordan & Jordan from Accenture where he was a senior manager of data management services.
OpHedge Migrates Clients on to GoldenSource Security Master
New York based hedge fund administration provider OpHedge Investment Services has begun to migrate its clients on to the GoldenSource security master solution, and plans to start implementation of the vendor’s positions repository later this year. The firm signed up for the two components of GoldenSource’s enterprise data management solution last March (Reference Data Review,…
Mellon to Provide Independent OTC Derivatives Valuations
Mellon Financial Corporation is to provide to institutional clients through its Asset Servicing group an independent over-the-counter (OTC) derivatives valuation service covering a range of swaps and options. The move comes as regulatory and risk pressures force investors to seek independent valuations, rather than relying entirely on their investment managers or prime brokers. The new…
HSBC Securities Services First Phase Live on CheckFree eVent
HSBC Securities Services (HSS) has implemented CheckFree’s eVent solution to deliver automated corporate actions processing for its investment administration clients. eVent is live for data cleansing and event capture, interfacing to data vendor feeds, static data sources and custodians for Swift messaging. Going forward, HSBC will roll out the eVent system to provide end to…
FT Interactive Data Adds Enhancements to Bank Loan Pricing Service
FT Interactive Data has enhanced its bank loan pricing service, which pro-vides clients with access to independent valuations of syndicated bank loans and now also automates the delivery of refinancing, termination and substantial amendments to loans, as well as the effective date of the change. Bank loan prices are provided by Markit Group and drawn…
Bisys Teams with Markit for Independent Derivatives Pricing
BISYS Alternative Investment Services (BISYS) has entered into an agreement for the independent pricing of complex over-the-counter (OTC) derivatives with Markit Group. The integration of Markit Portfolio Valuations and the BISYS platform enhances the existing relationship between the two companies, which was established in 2004 to strengthen BISYS’ capabilities in the area of credit pricing.