Financial Models Co. (FMC), the Toronto-based service bureau that dominates Canada's portfolio management industry, is about to offer its U.S. clients access to a Canadian corporate information and securities pricing database from Securities Valuation Co. (SVC). FMC plans to make the SVC services available through its Pacer portfolio management system.
SVC services are already used by 20 or so of FMC's several hundred Canadian users. They will be offered in the U.S. exclusively by FMC.
It’s a trio of problems: Mifid II’s data problem; blockchain projects stalled; and data quality issues for machine learning.Subscribe to Weekly Wrap emails