About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Xenomorph Adds S&P Capital IQ Data Connector to TimeScape

Subscribe to our newsletter

Xenomorph has added S&P Capital IQ to the list of data vendors it works with to provide connectors between data solutions and its TimeScape analysis and data management platform. The connectors enable data integration and allow commingling of multiple data sets from different sources, in support of applications such as dual sourcing of price information.

Xenomorph has developed connectors to about 30 data providers, among them Interactive Data, SIX Financial Information, Bloomberg and now S&P Capital IQ. Development of the S&P Capital IQ connector was instigated by Xenomorph users with the connector providing most of the data vendor’s enterprise data solutions including fundamentals, valuations, reference data and cross-referencing services. The connector allows users to integrate S&P Capital IQ content into TimeScape more efficiently, avoiding multiple integration projects and validating the date in the TimeScape environment.

According to Brian Sentance, CEO of Xenomorph, “Traditionally, people have looked at data as being separated into asset classes and types. Pulling many different datasets together is difficult, particularly for business people. As markets have evolved, people want to look at data as a whole to find trading opportunities, manage risk and meet regulatory requirements. This desire prompted us to work to integrate fundamental, reference and market data for our clients. Using our connectors, data is more shrink-wrapped and ready to run. It is easier for clients to consume the data and they can commingle different datasets on the TimeScape platform and use dynamic data rules to switch between data suppliers.”

Rui Carvalho, managing director of S&P Capital IQ Enterprise Solutions, adds: “Our agreement with Xenomorph allows easier data assimilation into the client’s internal systems by commingling various S&P Capital IQ datasets into one unified framework. It means clients can spend less time on integrating and validating data, and focus on extracting value from it more efficiently.”

The connector includes data mapping and a data model, and is implemented using Microsoft SQL Server Integration Services, a technology that Xenomorph is migration to from proprietary technology for data extract, transfer and load, as well as for data integration. The company’s aim is to standardise its solutions around industry standards being adopted in the market.

Xenomorph has about 40 clients, about 50% of which are investment banks, 20% asset managers and 20% hedge funds, the result being insurance companies and niche firms. Sentance expects the majority to be interested in the S&P Capital IQ connectivity, which is in production.

He adds: “Connectors for different data vendors are off-the-shelf solutions and can be configured around what the client wants to do. The interface is easy enough for clients to implement themselves and if a client wants another connector we will build it and shrink wrap it.”

From S&P Capital IQ’s point of view, this relationship with Xenomorph extends previous work around specific content and provides an additional means of distributing its enterprise data solutions. Tim Walker, managing director of channel sales and strategic alliances at S&P Capital IQ, concludes: “We will jointly market this pre-built value proposition, targeting mutual clients and prospects.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Approaches to migrating market data to the cloud to drive agility in trading operations

Market data in the cloud is an attractive proposition in terms of reducing the cost of on premise servers and storage, and moving into a more agile and flexible data delivery environment. It is also well suited to working from home, the fall-back of many financial institutions during lockdowns caused by the coronavirus pandemic. But...

BLOG

A-Team Group Names Winners of Data Management Insight Awards 2021

A-Team Group has named the winners of its prestigious 2021 Data Management Insight Awards. The annual awards, now in their ninth year, recognise leading providers of data management solutions, services and consultancy to capital markets participants. Award categories ranged from best data lineage solution to best data quality analysis tool, best standards solution, best corporate...

EVENT

Data Management Summit USA Virtual (Redirected)

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...