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Patni Computer Systems Unveils Reference Data Management Solution for Financial Services Firms

Patni Computer Systems, a global IT and BPO services provider, today introduced PatniRADAR, a multi-step Reference and Data Rationalisation (RADAR) program that will help financial services companies mitigate their risk and rationalise the cost of managing their reference data. PatniRADAR is a fixed-price, fixed-deliverable solution, with a short-duration engagement, aimed at achieving significant and quick…

Great Eastern Life Selects Eagle’s Enterprise Data Management Platform

Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that Great Eastern Life, Singapore’s leading life insurance group, has selected Eagle’s enterprise data management solution to consolidate and aggregate its investment data to help streamline its operations and respond to regulatory requirements. Data management remains a priority…

Prioritise Your Projects in Light of the Regulations Coming Down the Pipe, Says Nomura International’s Bannocks

Firms need to get a good handle on the regulations coming down the pipe and how they will impact the data management function, as well as prioritising them in order of timeframes, said Chris Bannocks, managing director and global head of reference data, Operations, Nomura International. Speaking at this week’s JWG organised event on next…

JWG’s Di Giammarino Highlights the Potential Cost of the OFR for Individual Systemically Important Firms

The Office of Financial Research represents a “game of chicken” between the regulatory community and the industry, said PJ Di Giammarino, CEO of think tank JWG, at this week’s event on the regulatory data radar in 2011. “If you don’t provide feedback and get your act together by 15 July deadline, it could get pretty…

Northern Trust’s Skinner Elaborates on its Data Management Shared Services Centre Development

Northern Trust has been engaged in developing a shared service centre for reference data in order to support its individual business lines over the last year or so, Nick Skinner, vice president of global data management at the custodian bank, explained to delegates at this year’s FIMA. The greatest challenges, according to Skinner, have been…

Thomson Reuters Poaches Credit Suisse’s Hinds as its New Global Head of EDM to Lend User Cred to its Enterprise Ambitions

In line with its recent spate of hiring and reshuffles as it continues to integrate its business units, data giant Thomson Reuters has hired ex-programme manager for reference data at Credit Suisse Sally Hinds as its new global head of enterprise data management (EDM). It has been a year of change for Hinds, who was…

Cadis’ Simpson Elaborates on Recent Wins and Partnership Plans

EDM vendor Cadis has bagged 14 clients so far this year and is potentially set to sign three or four more before 2010 is out, according to CEO Daniel Simpson. The vendor, which has been touting its new Solvency II focused solution since its launch at Sibos last month, has also recently signed a deal…

FRSGlobal Hires Founder of STB Systems and Makes Further Hires in Asia Pacific and Japan

FRSGlobal, part of Wolters Kluwer Financial Services, the industry-recognised leader in content-rich solutions for unified global regulatory reporting and risk management, today announced that it has appointed Michael Thomas as Head of Business Development and Operations for North Asia. FRSGlobal has also made a number of additional new hires in the region to boost its…

GoldenSource’s Vanlint Elaborates on Heightened Focus on Risk Data Management

EDM vendor GoldenSource’s recent risk data management focused launch is reflective of the requirement in the market for increased transparency around the data used to make risk management decisions, explains Neill Vanlint, managing director of Europe and Asia at the vendor. Regulatory developments such as Basel III and Solvency II are driving firms to adopt…

GoldenSource RiskHub to Help Financial Firms Achieve a Holistic View of Market, Credit, Liquidity and Counterparty Risk

GoldenSource, a provider of data management solutions for risk mitigation, today announced RiskHub, a suite of products to help risk professionals implement highly automated, timely and cost effective risk management strategies. With firms pushed to increase transparency of their risk and data governance and meet more stringent regulatory requirements, GoldenSource RiskHub provides a flexible and…