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UK Organisations Take Naive Approach to Data Centre Management, Nlyte Software Research Reveals
Nlyte Software, a provider of data centre performance management solutions, today released the results of its recent research that surveyed 200 UK CIOs on the importance of better managing and optimising the data centre infrastructure. The research, conducted by Vanson Bourne, shows a clear disconnect between reality and hype when it comes to implementing the…
Maples Finance Adopts Paladyne’s Industry-Standard Technology Platform
Paladyne Systems, a solutions provider to the global hedge fund industry, today announced that Maples Finance, an independent global fund services provider with US$30 billion in assets under administration, has successfully implemented the Paladyne product suite as its middle and back office solution. Maples Finance licensed Paladyne’s Application Service Provider (ASP) platform, a comprehensive software,…
Regulation is Driving Force Behind Data Management Change, Agree EDM Council’s Atkin and JWG’s Di Giammarino
They may differ in their opinions in how to go about effecting change, but EDM Council’s managing director Mike Atkin and JWG’s CEO PJ Di Giammarino agreed that the regulatory environment is forcing firms to re-evaluate their data management systems. Both Atkin and Di Giammarino told delegates to TSAM in London earlier this week that…
Landesbank Berlin Investment Goes Live with DVS Fund Warehouse
Princeton Financial Systems (PFS), a solution provider to the global investment industry, reports a successful project completion. The Landesbank Berlin (LBB) and the Landesbank Berlin Investment (LBB-INVEST) have chosen the fund-specific data management platform DVS Fund Warehouse (DVS) together with PFS’ reporting solution DVS Publisher Suite for their fund reporting. They went live with both…
Tullett Prebon’s Humphrey Discusses Details Behind OTC Val Acquisition
Last week, interdealer brokerage firm Tullett Prebon announced it had entered into an acquisition agreement for an undisclosed amount with derivatives valuation services provider OTC Valuations (commonly known as OTC Val). Paul Humphrey, CEO of Tullett Prebon’s Electronic Broking and Information division, explains to Reference Data Review that the acquisition is all part of the firm’s…
Innovation Beats Regulation
By Penny Davenport, managing director, and Lansing Gatrell, director, Markit Document Exchange, Markit Group 2010 has carried on where 2009 left off with the spectre of regulation hanging over the financial markets. At the same time, government continues to get bigger, in education and healthcare as well as financial markets, in both the United States…
GBST’s O’Brien Discusses ITG Win, Broker Approach to Corporate Actions Processing and Asian Progress
Following its move into the corporate actions space in November last year, GBST has bagged its first client in the form of agency brokerage and financial technology provider Investment Technology Group (ITG) and has a number of promising prospects in the Asian region poised to sign on the dotted line, says Donal O’Brien, who manages…
Avox and Cusip Global Services Finally Launch New Business Entity Identifier JV
Following the signing of a partnership agreement to launch an entity identification joint venture last April, Avox and Cusip Global Services (CGS) have finally launched their new service based on the vendors’ Cusip Avox Business Reference Entity identifier (Cabre) codes. The new offering, which has been dubbed the Cabre Directory Service, aims to provide a…
RBC’s Sutton and JWG’s Di Giammarino Promote Customer Data Best Practices
This week, JWG has published its finalised industry guidance on the maintenance of wholesale customer data, which was compiled by the industry think tank’s Customer Data Management Group (CDMG). Julia Sutton, who last year joined the Royal Bank of Canada (RBC) as a director of global reference data, explains to Reference Data Review that the industry…
Data Vendor Selection is Key to Bringing Down Costs But Also Improving Quality, Says SGSS’s Rose
In the current cost conscious environment, financial institutions need to push back on their vendors and make sure they have conducted a thorough evaluation of the data they are receiving from them, says Olivier Rose, head of projects and international market data management at French bank Société Générale Securities Services (SGSS). Rose, who has been…