Data Management Insight Data The latest content from across the platform
New PolarLake Apps Offer Insight Into Downstream Data Quality
Dublin-based integration vendor PolarLake is touting a suite of business intelligence applications it says are complementary to its reference data distribution application, PolarLake RDD (Reference Data Review, March 2007). According to the vendor’s CEO John Randles, these applications are designed “to give the business confidence in the integrity of data to downstream systems”. PolarLake’s Data…
Reuters Will Leverage RMDS Installed Base, Software Partners, to Secure Growth of New EDM Platform
Reuters has set some aggressive growth targets for the Reuters Enterprise Platform (REP) – launched officially at Sibos in Boston earlier this month, and envisaged as a complete enterprise data management solution. According to Gary Barr, its global head of EDM, one client is live already, and a second is expected to be live by the…
Interactive Data Restructures in a Bid to Meet Demand for Cross-Enterprise Data Solutions
Interactive Data’s recent restructuring is designed to enable it to “walk the talk” of its “one company” image, according to Ray D’Arcy, its president of sales and marketing, under whom the previously separate Pricing and Reference Data and Real-Time Services sales, client relationship management and client service organisations will now be unified. “Our company has…
Brandes Investment Partners Licenses XSP
Brandes Investment Partners, a global investment advisory firm with $125 billion in assets under management, has licensed the XSP solution for global corporate actions processing.
Quantifi Selected by III Associates for Valuations
Hedge fund manager III Associates has integrated the Quantifi Toolkit into its systems for end-of-day valuations of its structured credit portfolios. Quantifi Toolkit is a model library for structured credit pricing and risk analysis and contains a full suite of market tested and validated models. Coverage includes credit derivatives products and bespoke structures including: CDS,…
Live Launch of ISO 20022 Proxy Voting Messages Set for December
Swift is gearing Swift is gearing up for the live launch of its ISO 20022-based proxy voting messages on the network. This follows a pilot of the new messages, which replace earlier ISO 15022-based messages and market practice for proxy voting (Reference Data Review, November 2006). Based on feedback from the pilot, Swift’s standards group…
Channel Capital Advisors Opts for Quantifi XL
Quantifi, provider of analytics and risk management solutions to the global credit markets, has sealed a deal with Channel Capital Advisors, creator of Europe’s first Credit Derivative Product Company, for its tool for pricing and analysing structured credit products. “Quantifi’s proven track record and recognised market experience were important factors in our selection process. We…
Ness Adds Corporate Actions Functionality to Financial Data Enterprise Solution
Ness Technologies has unveiled an enhanced version of its enterprise data management platform, Financial Data Enterprise (FDE), developed by Ness Innovative Business Services (Ness IBS). The new version, FDE 4.5, includes features such as processing of corporate actions, dynamic creation and set-up of instruments and asset classes, enhanced data quality management and streamlined workflows for…
Downstream Data Distribution a Rich Seam of Opportunity for Vendors, Aite Analyst Says
In its new report, Managing the Rapids of Downstream Data Connectivity, analyst Aite Group predicts spending on downstream connectivity around enterprise data management projects in Europe and the US will exceed $2.5 billion in 2008. The report also finds that EDM projects typically mature an average of three years before firms really start to tackle…
Merger of SWX Group, SIS Group, Telekurs Group Unanimously Approved
The owners of the SWX Group, SIS Group and Telekurs Group have unanimously approved the merger of the three companies (Reference Data Review, May 2007). Within the framework of the planned transaction, the business activities of the Swiss financial market infrastructure providers will be combined under the roof of a strategic holding entity. The objective…