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Rimes Sets Out Bloomberg Open Symbology Adoption Plan
Rimes has joined the growing group of data service providers offering Bloomberg Open Symbology (BSYM) to help clients streamline workflow and reduce operational risk. The company has gone live with Bloomberg’s global security identifier (BBGID) on the Rimes Benchmark Data Service and is initially providing cover across the 100-plus equity data sources it offers. Later…
Markit and CTI Tackle Fatca Compliance with Service Bureau
Markit and Compliance Technologies International (CTI) have teamed up to target the Foreign Account Tax Compliance Act (Fatca) compliance market, but unlike most vendors the companies propose a Fatca service bureau rather than a deployed or hosted solution. Their aim is to serve fund types and sizes that typically outsource IT and do not have…
Performance by Numbers: Lessons on Latency
When sizing up a data sheet, what numbers pop out at you? IOPS? GB/s? Latency? If you’re like most IT professionals, you might be starting to pay more attention to latency. In case you’re still wondering what all the fuss is about, let’s look at why low latency is so important, why it’s a challenge…
Gjensidige Selects Moody’s Analytics’ RiskIntegrity Solvency II Solution
Norwegian insurance company Gjensidige is working with Moody’s Analytics’ RiskIntegrity Solvency II solution to improve risk management and support compliance with the forthcoming regulation. The company chose RiskIntegrity on the strength of its out-of-the-box regulatory capabilities and ease of use. Thomas Bichard-Breaud, leader of Gjensidige’s Solvency II reporting, explains: “Moody’s Analytics offered us the best…
CounterpartyLink Details Development of CPL Online Entity Data Service
CounterpartyLink is progressing the development of its CPL Online legal entity intelligence service with the immediate addition of a compliance index and the promise of hierarchy data for all entities it holds and a visualisation tool to view related data. The company’s October 2012 commitment to offer beneficial ownership data at a level of 10%…
Talking Reference Data with Andrew Delaney: LEI Progress Report 4
In a fourth progress note on the development of a global legal entity identifier (LEI) system, the Financial Stability Board (FSB) has named Switzerland as the likely home of the global LEI foundation that will operate the LEI system’s Central Operating Unit (COU). It also set out the preliminary criteria for the selection of a…
Coba Proposes Commercial Framework for European Consolidated Tape
The Coba Project, an organisation set up to propose a commercial framework for an industry-led pan-European consolidated tape, reports positive feedback from a letter outlining its plans that it sent to key industry stakeholders earlier this week. Coba’s proposal wraps up the standards recommended ahead of the letter by FIX Protocol Ltd. (FPL) for the…
Talking Reference Data with Andrew Delaney: The Quiet Rebirth of Interactive Data (Part 2)
It’s well known that Interactive Data Corp. can be a relatively conservative institution. This is in part due to its valuations business, which forces it to make judgments akin to those of a ratings agency, and sometimes results in a somewhat cautious corporate approach. And so there has been a distinct lack of the kind…
Market Practitioners Propose an Industry Data Repository to Ease Fatca Compliance
The US Foreign Account Tax Compliance Act (Fatca) was branded as an outrageous example of US fiscal imperialism and an effort by the US government to outsource tax collection to the UK by a panel of experts addressing the issue of ‘Meeting the Fatca Challenge’ at last week’s International Securities Association for Institutional Trade Communication…
Q&A: Bruce Tolley of Solarflare on Customised Compute
Marrying compute power with low-latency network communications is increasingly necessary for financial applications looking to combine intelligence with outright speed. IntelligentTradingTechnology.com spoke with Bruce Tolley, vice president of solutions marketing at Solarflare Communications to get his take on this emerging trend. Q: What is the ApplicationOnload Engine (AOE), and how is it related to your…