(Editor’s note: Subbiah Subramanian, senior vice president, global head of DataGX, State Street, took time out of his very busy schedule to answer questions related to State Street’s Best Data Management Solution win via the FTF News Technology Innovation Awards, which were presented to winners at a gala event this past June in New York… Read More >>
EDM Council Updates ‘Rosetta Stone’ for Data
(Editor’s Note: The Enterprise Data Management (EDM) Council, a non-profit trade association, is today releasing an update of its Financial Industry Business Ontology (FIBO) that is intended to help securities firms managing interoperability among data sources by showing their properties and linkages. FIBO is used by financial institutions to support data analytics via by “harmonizing… Read More >>
Credit Suisse, BNP Paribas Control Transaction Fees via SmartStream
SmartStream Technologies and Credit Suisse have expanded their invoice processing agreement so that the vendor will be handling the listed derivatives brokerage fees, officials from both companies announced at the SWIFT SIBOS event in Toronto this week. SmartStream also unveiled at SIBOS the latest version of its TLM Reconciliations Premium solution. The bank will be… Read More >>
Pzena Investment Tackles Data Integration Woes
Pzena Investment Management, a self-described value-oriented investment management firm, is upgrading its systems from vendor INDATA whose new data aggregation support will boost Pzena’s reporting capabilities across platforms, officials say. The key business requirement was to find a way to integrate external and internal data, including large quantities of data. “Among the business challenges was… Read More >>
SIX’s New Hub Helps Firms Re-Use Regs Data
With wealth managers, assets managers, banks and other market participants in mind, SIX Financial Information, a data and services vendor, is launching a platform that facilitates the re-use of regulatory data and documentation thus easing some regulatory burdens, according to officials at SIX. The new hub is intended to structure and exchange product data, information… Read More >>
Report Finds Firms Falling Behind the Tech Curve
Although there has been a great deal written about how financial service firms are embracing fintech to meet the many regulatory challenges to come, only around 25 percent of senior executives at global institutions say they have the technology capability to support their firms’ growth ambitions, according to a new report, “The Hunt for Growth,”… Read More >>
Australian Firm to Use Eagle Platform for Data & Performance Management
QIC Moves Away from Global Custodian QIC, the Australian investment fund for the Queensland government, will be using cloud-based data management and performance measurement solutions from Eagle Investment Systems, which marks a move away from a global custodian that had been providing outsourced data and performance measurement functions. The firm, which has A$81 billion in… Read More >>
Europe Lags Behind U.S. in Data Protection Readiness
With less than a year before the May 25, 2018 deadline, U.S. financial services firms are ahead of their European counterparts in their preparations for the European Union’s General Data Protection Regulation (GDPR), according to a survey, commissioned by Compuware Corp. and conducted by independent research company Vanson Bourn. Polling 400 chief investment officers across… Read More >>
Vendor 3di Hires Specialist from BNP Paribas
IPUG Vet to Lead RegTech Effort at 3di 3d innovations (3di), a data management software and services vendor serving buy- and sell-side firms, has hired market data specialist John Ikel from BNP Paribas to drive its main consulting and product unit for data governance, vendor officials say. Hiring Ikel is part of “a natural restructuring… Read More >>
Bloomberg Becomes an Official LEI Distributor
LOU Accreditation Comes in Time for MiFID II Bloomberg, which made its fortune in market data, trading systems and news, is stepping into the Legal Entity Identifier (LEI) realm as an accredited Local Operating Unit (LOU) of the Global LEI System (GLEIS), officials say. The company has received “approval to issue and maintain” LEIs, and… Read More >>
