Search Results: Algorithmics
…But EDM Council Also Engaged in Much More Work Around Semantic Repository and Entity Data, Say Atkin and Bennett
The discussions at the last EDM Council meeting may have been dominated by debate over the feasibility of the US National Institute of Finance (NIF), but the industry group is engaged a lot of other things as well, according to Mike Atkin, its managing director. As well as the mortgage backed securities (MBS) proof of…
Asset Control Appoints New US and EMEA Sales Execs, Expands in Asia
Asset Control has added to its EMEA sales team with the appointment of Claudio Capozzi as EMEA sales director in London. The vendor has also hired Scot Kelly in New York as North American sales executive, as well as expanding its Asia Pacific sales coverage with the relocation of Alex Rich to its Australian office….
Aubrey Leaves Thomson for Fitch, Plans End to End Solution for Fixed Income Derivatives Data, Analytics
In a move that has surprised some industry observers, Thomas Aubrey has joined Fitch Ratings as a managing director in its global business development team. Aubrey comes from Thomson Financial, where he had been director of investment management for more than three years. Despite having been tipped for a plum role in the new Reuters…
Avox Includes Fitch Credit Opinions in Counterparty Data
Avox and global ratings agency Fitch Ratings have signed a co-operation agreement to enable linkages to Fitch company identifiers and credit opinions within Avox’s counterparty data offering. Avox supplements its clients’ data records with information from Fitch Ratings as part of its counterparty data validation, cleansing and maintenance service. Ken Price, CEO of Avox, says:…
CicadaRisk Merged into New RiskGrid Unit Within Investors Guaranty
As predicted in Reference Data Review, October 2006, Investors Guaranty Group has launched a new risk management solutions unit, RiskGrid Technologies, into which the operations and technology of CicadaRisk has been merged. The group is also aligning RiskGrid Technologies within a suite of companies and solutions that comprise its financial services industry vertical. CicadaRisk was…
CicadaRisk in Transition To Independent Entity
An announcement is expected within weeks concerning the repositioning of CicadaRisk, provider of risk management solutions based on Algorithimics’ risk technology and Cicada’s data management technology. The objective is to enable CicadaRisk to operate more as an independent entity within the financial markets vertical of its principal financial backer Investors Guaranty. CicadaRisk has operated as…
Nordea Plumps for GoldenSource As It Standardizes Data Platform
As part of an IT asset rationalization following the merger that created it, Scandinavian bank group Nordea has licensed GoldenSource’s reference data management platform software to create a group-wide infrastructure in support of trading, operations and regulatory activities. The deal will see a three-phase rollout, with first deliverable due at the end of next month….
Cicada Hires Mahoney, Promotes Schachne, Moves Bennett
Carole Mahoney has joined the sales team of data management technology firm Cicada in London. Mahoney joins from Soliton, where she was director of UK sales. Prior to that, she was with Reuters for 12 years in various sales marketing and product management roles. At Cicada, Mahoney will become vice president of European Sales reporting…
Azimuth Financial’s Azdex Offers Counterparty Benchmarking Data
Azimuth Financial has lifted the lid on its Azimuth Data Exchange (Azdex) initiative to offer financial institutions analysis of the quality of their counterparty data, based on comparisons with that of their peers. Azdex recently signed up Dresdner Bank and Standard Bank of South Africa to participate in the benchmarking project. According to Ken Price,…
U.K. Asset Manager Insight Set to Go Live with Citadel’s Data Management Platform
U.K. asset management firm Insight Investment is about to go live with a reference data management infrastructure from Citadel Associates. The implementation will make Citadel’s Cadis the data management infrastructure underpinning Insight’s growing derivatives operations. Insight – formed through a merger of Halifax and Bank of Scotland, and the subsequent acquisition of Rothschild Asset Management…