Data Management Insight Data The latest content from across the platform
Asset Control Bags E*Trade, Calyon, Sets Sights on Asia-Pacific
As its deal with E*Trade increases its tally of U.S. customers, Netherlands-based data management platform vendor Asset Control is setting its sights on the Asia-Pacific region, as well as planning to leverage its data management platform to create vertical solutions. Asset Control has announced two sales this month. The E*Trade Securities subsidiary of E*Trade Financial…
Reuters Trumpets Early Signings For Asian Evaluations Service
Reuters reports strong levels of interest in its recently launched Asian fixed-income evaluated pricing service, and says it has already signed up users. The service covers six currencies – the Australian dollar, the Hong Kong dollar, the Japanese yen, the new Taiwan dollar, the New Zealand dollar and the Singapore dollar – and some 20,000…
Industry Veteran Peck’s Efforts at Quantifi Yield Results with First German Bank Win
An increased focus on the European markets is paying dividends for US based Quantifi, provider of modelling, pricing tools and risk analysis for credit derivatives, as it picks up its first German banking client. In June the company opened a new London office and hired John Peck – ex of FT Interactive Data, Telerate and…
Swift to Kick-Off Prototype CA Message Certification
Later this year Swift will start a certification proof of concept of the Swift Testing and Certification Service for ISO 15022 compliant corporate actions messages. A number of custodians and vendors have com-mitted to having their messages exam-ined by this prototype testing tool. The messages will be tested against the standard Swift verification, and then…
CheckFree/CDS INC Partner on Canadian Corporate Actions Data
CheckFree eVent, CheckFree Corporation’s automation and workflow solution for corporate actions processing, now interfaces with CDS INC’s ISO 15022 compliant corporate actions data feed. CDS INC is a subsidiary of The Canadian Depository for Securities, and supplies Canadian equity and debt entitlements information. As a result of this joint effort, Canadian entitlement data for the…
EDI Adds GlobeTax Non-Resident Tax Rates to Reference Data Product
Exchange Data International has signed up to StatRate, a new product from withholding tax specialist GlobeTax, in order to include non-resident statutory withholding tax rate data in its securities master file product. StatRate is GlobeTax’s second reference data product. EDI is already a user of its first, e-TaxData Online (Reference Data Review, June 2005), and…
DSTi Integrates Interface To Reuters DataScope Select
DST International will offer an integrated interface to Reuters DataScope Select as part of its investment accounting, performance measurement, risk management and data management solutions. Reuters DataScope Select provides access to global pricing, validated terms and conditions, historical data content and cross-reference data for a range of financial instruments.
SunGard to Leverage Managed Data Services for MiFID
SunGard is exploring opportunities to apply its managed data service capabilities to the requirements for storing pre and post-trade data under MiFID. The vendor is at the business planning stage and is consulting with customers to establish their appetite for such services. As well as offering discrete data services, SunGard intends to team its data…
Chasen Purchase Bolsters Markit’s Pricing Models
Aiming to reinforce its structured finance services, Markit Group, provider of pricing, reference data and portfolio valuations, has acquired Peekskill NY-based Chasen Enterprises. Chasen provides modelling of structured securities, notably agency and non-agency collateralized mortgage obligations (CMOs) and asset-backed securities (ABSs). The company, founded in 1989, has modelled more than 18,000 CMO and ABS structures…
IT Spend in Derivatives to Soar; Pricing and Analytics a Key Driver
It will come as no surprise to learn that Wall Street made more money from derivatives products and structured instruments in the first quarter of 2006 than ever before. Into the growing hype about derivatives wades TowerGroup this month, with a raft of reports on the subject, including predictions of annual growth rate in derivatives…