Data Management Insight Data The latest content from across the platform
ADP, Avox Sign Up to Sponsor EDM Council
ADP Brokerage Services Group and Deutsche Boerse-owned Avox have signed up as sponsors of the EDM Council. They join BearingPoint, Cicada, GoldenSource, IBM and SunGard. This development comes as the EDM Council undertakes its transition to a member-owned, rather than a sponsor-owned, model (Reference Data Review, September 2006). Ken Price, CEO of Avox, says this…
Sky Road Adds Markit CDS Pricing And RED to Hedge Fund Solution
Hosted hedge fund solution provider Sky Road has partnered with Markit Group to integrate its data feed, enabling portfolio and risk managers of credit-based strategies to trade, model and perform scenario based risk analysis for credit derivatives. The Sky Road platform, based on the Calypso system, will incorporate Markit’s CDS, iTraxx and Dow Jones CDX…
Reuters Migrates Legacy Platform Users on to DataScope Select
Reuters has begun migrating users of legacy products including Reuters DataScope Portfolio and Reuters Global Pricing Service on to Reuters DataScope Select, the web-based data delivery service it launched in January (Reference Data Review, January 2006). Reuters’ rationale for the move is to avoid retaining multiple platforms, and to enable its clients to take advantage…
ABN Amro Negotiates Challenges Of Centralised Data Distribution
Long time Asset Control customer ABN Amro is pursuing an ambitious strategy to centralise reference data delivery across the whole of the group, including wholesale, retail and asset management. The strategy is underpinned by four data “pillars”: client and counterparty data, market data, instrument pricing and corporate actions and common reference data (currency and exchange…
CMA Enters Credit Pricing Arena With Buy Side Observed Data…
Participants in the credit markets have access to a new pricing data source from CMA, provider of the CMA DataVision service now available via Bloomberg Professional. CMA, founded in 2001 by credit specialists and with offices in London and New York, says its credit default swap (CDS) pricing service is differentiated from competing offerings by…
… While Markit Moves into Loan CDS Pricing as Volumes Escalate
Markit Group has launched a pricing service for loan credit default swaps (LCDSs), to meet demand from dealers and institutional investors wishing to take synthetic exposure to secured loan issuers. Volumes in the LCDS market have surged, the vendor says, with notional outstandings estimated to have grown more than 300 per cent to $40 billon…
BondDesk to Distribute DPC’s MuniPOINTS Data Service
DPC Data and BondDesk Group have forged a strategic alliance under which BondDesk, provider of a retail fixed income trading platform, will distribute DPC’s data service MuniPOINTS. The service summarises all the key facts on any US municipal bond deal in a one page sheet. MuniPOINTS has been implemented during the past year by a…
Solera Repurposes TAPMaster To Handle Loan Collateral Data
San Diego-based Solera Group has selected TAPMaster, the enterprise data management platform from TAP Solutions, to support the analytic and risk management demands of its mortgage loan production and mortgage-backed securities (MBS) advisory services business. Solera’s CEO Chris Wiley says the repurposing and extension of TAPMaster to enable it to cope with “the next level…
O’Connor Takes on Data Administration Role at AllianceBernstein
Donna R. O’Connor is now vice president, data administration at AllianceBernstein, where she has responsibility for consolidating the investment management firm’s global equities reference data, as part of its initiative to centralize research, trade support, execution, accounting and reporting systems. At June 30, AllianceBernstein had $625 billion in assets under management. O’Connor has previously held…
Citadel Notches Up Three New Clients for CADIS Solution
Citadel Associates, provider of data management solutions to investment managers, has chalked up three deals for its CADIS system in recent weeks, with AMVESCAP, the Canada Pension Plan (CPP) Investment Board and another as yet unnamed major buy side. Citadel says these wins prove the validity of its Investment Solutions Layer concept. The CPP Investment…