Data Management Insight Data The latest content from across the platform
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.
CMA DataVision CDS Prices Available Via Sophis VALUE
Sophis has developed an interface to enable users of its VALUE buy side platform to have direct access to CMA DataVision, CMA’s same day closing credit default swap (CDS) prices. Meanwhile, CMA has announced that its price discovery service CMA QuoteVision can now parse Loan Credit Default Swaps (LCDS) quotes. The LCDS enhancement to CMA…
European Firms to Spend €€30m on CA Data Scrubbing by 2010
Financial institutions in Continental Europe spent some €200 million on internal and external corporate actions solutions in 2006, with 75 per cent of that spend going on inhouse development, according to a recent report from analyst Celent, Corporate Actions Automation in Continental Europe. Celent expects this proportion to decline to 55 per cent by 2010,…
EDI Nearly Doubles GlobeTax’s e-TaxData Online Reference Data Product
Exchange Data International Limited (EDI), provider of international securities data, together with GlobeTax, provider of outsourced withholding tax services have announced the scaling up of the online market reference data product e-TaxData Online, adding an additional 71 markets of issue to the existing 91 markets already covered. This launch comes less than a year after…
Counterparty Data Service a “Very Important Part” Of HSBC’s Global Licence Deal with Reuters
The new counterparty data service from Reuters, slated to go live in the second quarter, has emerged as a key component of the reference data element of the wide-ranging global data and technology infrastructure deal HSBC has signed with the vendor. Reuters describes reference data as “an extremely significant” component of the deal – which…