Gresham, the enterprise data automation and reconciliation solutions provider, has renamed the enterprise data management (EDM) platform that it acquired from S&P Global Market Intelligence as Opus EDM, underscoring how the system has been designed to take on demanding environments, officials say. “The platform, which has traded under several names across more than a decade… Read More >>
Gresham Acquires S&P Global’s EDM Business
Gresham, an enterprise data automation solutions provider, has acquired S&P Global’s Enterprise Data Management (EDM) business, and this “strategic carve-out” is intended to expand Gresham’s presence among enterprise data services providers and, overall, bolster its offerings to buy-side participants, officials say. Gresham’s main efforts in offering capital markets data automation have been based upon reconciliation… Read More >>
Rimes to Work with PANTA, BMLL & Ortec Finance
Rimes, a provider of enterprise data management (EDM) and investment intelligence solutions, has formed partnerships with PANTA, BMLL, and Ortec Finance to expand the range of analytics, data, and operational capabilities it can offer to Rimes clients, officials say. Initially, the partnerships should yield faster onboarding, more integrated workflows, and improved data-driven decisions across the… Read More >>
GoldenSource to Sell Its Wares via AWS Marketplace
GoldenSource is making its data management offerings available on the AWS Marketplace — a website for third-party software, data, and services that run in an Amazon Web Services environment. The move will help the enterprise data management (EDM) solutions provider sell its wares to a wider market and collaborate with the AWS go-to-market team, GoldenSource… Read More >>
Five Arrows to Acquire Rimes from EQT
Five Arrows, the alternative assets arm of Rothschild & Co., is slated to acquire enterprise data management (EDM) provider Rimes via an agreement that allows private equity firm EQT, together with its shareholders, to sell Rimes to Five Arrows, officials say. In February 2020, EQT invested in Rimes as a way to help Rimes “expand… Read More >>
FinTech Brief: Rimes Launches Lab for A.I. Prototypes
Enterprise data management (EDM) provider Rimes has launched an A.I. Lab to be managed by Theo Bell, the provider’s newly appointed head of A.I. product, officials say. The Rimes A.I. Lab is “a dedicated environment where the Rimes product engineering team, in collaboration with clients, can prototype new ideas and applications using proven A.I. [artificial… Read More >>
SimCorp Targets Buy Side’s Need for Holistic Data Management
SimCorp, an investment management solutions and services vendor, has launched a managed data service, dubbed Datacare, that targets buy-side firms searching for an updated, holistic approach to overseeing multiple-asset, front-to-back office market and reference data, officials say. The new offering was developed in collaboration with buy-side institutions such as Zurich Insurance Group, which has an… 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 >>
Xenomorph Links TimeScape to Open Source Database
Securities trading data and analytics vendor Xenomorph reports that it is integrating its flagship offering TimeScape EDM+, an enterprise-wide data management solution, with MongoDB, the open source, “NoSQL” document database in order to offer cost-effective data scalability. The MongoDB system, whose name is derived from the word humongous, sidesteps “the traditional table-based relational database structure… Read More >>
Mizuho International Revamps Data Infrastructures
Mizuho International, a subsidiary of one of the largest financial institutions in Japan, has gone live with a security master application from reference data vendor GoldenSource, officials say. The deployment of the Securities & Products application follows the investment bank’s January deployment of GoldenSource’s entity master application, dubbed Customers & Counterparties, officials say. Integrated on… Read More >>
