Data Management Insight Standards The latest content from across the platform
End is in Sight for Swift’s Lean Programme, But is it Fighting Fit?
Ahead of this year’s Sibos in Amsterdam and following the approval of the 2015 strategy, I have been asking people what they think of Swift and its new five year plan. The most obvious concern for most of the market seems to boil down to one thing: cost. Whatever you think of its new, more…
Wandering Off Course?
Back in the summer of 2008 I wrote a feature for ATiQ on the grand plans for an “investment roadmap” for standards that was launched by three of the main players in the financial messaging standards world – FIX Protocol (FPL), the International Swaps and Derivatives Association (ISDA) and Swift. However, despite the fanfare at…
Cusip Global Services Plans Q4 Launch for Hedge Fund Identifiers, Focuses on Building up New Offerings
Following the announcement back in June last year that it would be teaming up with HedgeFund.net to develop entity identifiers for the hedge fund community, Cusip Global Services (CGS) has said that it is planning the launch of its Cusip for hedge funds service for the fourth quarter of this year. Darren Purcell, director of…
Omgeo Adds CLS FX Instructions to Omgeo Alert
Omgeo, the global standard for post-trade efficiency, announced today that it has added CLS FX instructions to Omgeo Alert, to improve the way FX settlement instructions are published, stored and exchanged. Additional fields have been added to Omgeo Alert, the industry’s largest and most compliant web-based standard settlement instruction (SSI) database across multiple asset classes,…
Acquisition of SunGard’s Messaging Hub Represents More Commercial Approach to the Market of Swift’s New 2015 Strategy
Swift’s planned acquisition of SunGard’s Ambit Messaging Hub is all part of the financial network operator’s new and recently approved 2015 strategy, which aims to strengthen Swift’s overall commercial approach to the market. The new strategy will see Swift making further “targeted acquisitions” over the course of the next five years, according to Mike Fish,…
SWIFT to Acquire Ambit Messaging Hub Assets from SunGard in a Move that Strengthens the Relationship Between Both Entities
SWIFT (Society for Worldwide Interbank Financial Telecommunication) and SunGard announced the planned acquisition by SWIFT of the assets of SunGard’s Ambit Messaging Hub (AMH) solution for high-volume financial messaging. The transaction, which is subject to a number of closing conditions that are expected to be fulfilled by the end of the quarter, strengthens the relationship…
ICAP Chooses UnaVista for Transaction Reporting
The London Stock Exchange announced today that ICAP has selected the UnaVista platform as its transaction reporting ARM. The inter-deal broker will use UnaVista to report transactions to the FSA across all reportable asset classes, benefiting from the rich feature set UnaVista provides almost immediately, as the product is securely hosted at the London Stock…
Volante Partners with QDBS, Enters Mexican Marketplace for Financial Data Management
Volante Technologies today announced its partnership with QDBS of Mexico City, a consulting firm and developer of software for local and multinational banks operating in Mexico. QDBS is using Volante technology for integration of SWIFT and other messaging in customer projects, as well as a new software solution that will be launched later this year….
FactSet Research Systems Reports Results for the Third Quarter of Fiscal 2010
FactSet Research Systems, a provider of integrated financial information and analytical applications to the global investment community, today announced its results for the third quarter of fiscal 2010. For the quarter ended May 31, 2010, revenues were $160.3 million, up 4% compared to the prior year. Operating income for the third quarter increased to $55.7…
Markit and Cairn Capital to Launch European ABS Performance Monitor
Markit, a global financial information services company, and Cairn Capital Limited, a credit asset management and advisory firm, today announced the forthcoming launch of the Markit ABS Performance Monitor platform. This new service will combine Markit’s ABS surveillance capability with Cairn’s advisory and credit market expertise to provide state of the art performance monitoring for…