Data Management Insight Data The latest content from across the platform
Is no news in reference data outsourcing bad news?
Buy, build or outsource? The debate continues in the reference data world, as amply demonstrated in this issue of Reference Data Review. Falling firmly into the “build” camp, DTCC is bringing the platform underpinning its corporate actions offering in-house and moving off the third-party Xcitek solution. In the “buy” category is Daiwa Securities, opting firmly…
TAP Installs Data Management System at Australian Firm In 10 Days
TAP Solutions has implemented its TAPMaster market and reference data management system at an as yet unnamed Australian financial services firm. The installation, taking just some 10 days, began in mid-July, and a number of users are live on the system already, prior to a planned go-live in September. TAPMaster was selected by the Australian…
Telekurs Financial Adds Verification Report to Cars
Telekurs Financial has added a verification service to its Corporate Actions Reports Service (Cars). Cars enables Telekurs clients to receive notifications of events taking place on their portfolios in advance of the event. Pre-defined reports monitor an agreed number of event types and output an agreed number of data fields. Under the new service, the…
Analysis: Has Data Management Outsourcing Lost Its Steam?
The zeal for providing outsourced reference data management solutions that we witnessed this time last year appears to have lost steam, with several of the larger supplier firms admitting that take-up is slower than expected, and some vendors shifting the focus of their efforts. Major players, such as Accenture, SunGard, IBM, and Capco – all…
Industry Groups Tailor Reference Data Standards Efforts to MiFID
The Reference Data Subject Group (RDSG) of the MiFID Joint Working Group is spearheading efforts to make entity and instrument identification standards a reality in time to ensure industry readiness for MiFID. A body of analytical work that began at the end of July is scheduled to be completed before year end. The RDSG produced…
Thomson Sets Central Role for QAI Platform In Reference Data Delivery Strategy
Thomson Financial’s acquisition of Quantitative Analytics Inc. (QAI), which closed earlier this year, gave the company a product aimed squarely at the quantitative analyst marketplace. But the QAI platform is destined to play a more significant role as the company crystallizes its strategy for distribution of reference data. Thomson Financial has spent the past couple…
CheckFree eVent Adds FT Interactive Data’s ISO 15022 Corporate Actions
CheckFree Corp. has developed an ISO 15022-compliant interface to FT Interactive Data’s corporate actions data feed for its eVent corporate actions processing platform. As a result, eVent clients will be able to receive, process and share corporate actions data without the need to convert to and from proprietary formats.
Principia Adds S&P Structured Finance Evalutions
Principia has added Standard & Poor’s Securities Evaluations structured finance evaluated pricing service to its Principia Structured Finance Platform. The addition is aimed at enhancing the platform’s cross-asset monitoring, end-of-day processing and risk management capabilities.
Can Corporate Actions Automate Without Wave of Regulatory Stick?
Despite a myriad of available software solutions aimed at automating corporate actions processing, industry participants can relish the prospect of unreliable data and manually intensive processing for some time to come. That’s among the findings of new research from TowerGroup that suggests that corporate actions processing remains one of the major roadblocks standing in the…
Jordan & Jordan Unveils Reference Data Testing Kit
Jordan & Jordan (J&J), a New York-headquartered management and infor-mation technology consulting firm, has introduced a so-called Reference Data Testing Framework (RDTF) and will offer it to clients as part of its reference data consulting services. Developed by J&J over the past two years, RDTF is a customizable framework and set of tools that address…