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Just in Time: Current Trends in Risk Management Data Supply
By Marc Alvarez, senior director, Reference Data Infrastructure, Interactive Data The global upheaval of the capital markets over the past few years has resulted in a wholesale, industry-wide effort to improve the risk management function. When looked at from the perspective of the data supply chain that services the risk management role, a major shift…
Unnamed French Bank Picks XSP for Corporate Actions Processing
An unnamed “large” French bank has selected XSP’s v5 platform to automate its corporate actions processing, according to the vendor. The bank will be rolling out the data management and scrubbing module, the notifications and responses module and the web-based eTRAN module for automated notifications, response capture and elections processing. Brendan Farrell, CEO of the…
Charles River Development Integrates IMS with Thomson Reuters’ Market Data System
Charles River Development has integrated its Investment Management System (IMS) with the Thomson Reuters Market Data System, including its real-time exchange, contributed and reference data. Charles River has integrated the data to provide its clients with seamless access to the Thomson Reuters offering and thus allow for greater flexibility and choice of data providers for…
Avox Partners with Markit Document Exchange to Provide Combined Offering
Following the announcement of its partnership with EDM vendor Asset Control in February, business entity data specialist Avox has signed another partnership agreement, this time with Markit’s documentation management platform. Under the new agreement, Markit Document Exchange and Avox will work together to provide their mutual clients with a combined business entity data and documentation…
Cadis Acquires Compliance Reporting Software Vendor C8 Software
EDM vendor Cadis has acquired management information and compliance reporting software provider C8 Software in a bid to combine the two vendors’ offerings and meet clients’ reporting and risk data requirements. Daniel Simpson, CEO of Cadis Software, explains that the new offering is aimed at cleaning up what he sees as often poor quality data…
Pendo Systems Develops OTTI Analysis Report for FASB Accounting Requirements
Accounting solutions vendor Pendo Systems has developed a new report aimed at assisting its clients in identifying investments that come under the other than temporary impairment (OTTI) classification, as specified by the Financial Standards Accounting Board (FASB). OTTI has been a hot topic over the last few months, as the FASB has been coerced by…
DTCC and Markit Partner for Automation of Syndicated Loan Reconciliation
The Depository Trust & Clearing Corporation (DTCC) is establishing a link between its Loan/SERV Reconciliation Service and Markit’s Wall Street Office (WSO) loan management system. The two vendors are working together to establish the link, which they claim will facilitate the automation of syndicated loan reconciliation and thus reduce the operational risk involved in the…
Broadridge Launches Virtual Shareholder Meeting Service, Including Online Voting
Broadridge Financial Solutions has launched its new Virtual Shareholder Meeting (VSM) service, which allows corporate issuers to conduct their annual shareholder meeting electronically. The online meeting format, which can be streamed as audio or video feed, is aimed at increasing participation in annual general meetings and may drive up the volumes of corporate actions events…
Lack of Standardisation Remains a Sticking Point for Counterparty Data Management, Says Panel at A-Team Group, Asset Control and Avox Event
The topic of counterparty risk is no stranger to the headlines at the moment but, despite its high profile, counterparty data management has still got a long way to go, according to speakers at a recent event organised by A-Team Group, Asset Control and Avox. Martijn Groot, director of market strategy at EDM vendor Asset…
Quantifi Releases New Version of Solution for North American CDS Changes
Following recent upgrades by its competition, analytics and risk management solution vendor Quantifi has released a new version of its solution to support the impending changes to the North American credit default swap (CDS) market. Rohan Douglas, CEO of the vendor, explains that Version 9.1.4 of its solution has been released to support the new…