Administrator
MDSL Launches Outsourced Data Management, Cost Control Service
Market data usage monitoring and contract reconciliation software provider MDSL has begun providing an outsourced version of its services that combines the vendor's software and in-house cost and contract management expertise.
Roberts Group Boosts FITS Automation
Market data inventory and management service provider The Roberts Group has released a new version of its Financial Information Tracking System, which incorporates additional features to help users speed up and automate processes.
Thomson Reuters Preps DACS Improvements
Thomson Reuters is preparing to roll out a revamped version of its DACS (Data Access Control System) entitlement management software by the end of September, featuring a Web interface, improved reporting and control functions, and vendor integration.
NYSE Arca Fee Debate Continues
Three more letters were sent to the Securities and Exchange Commission last week, adding more fuel to the ongoing debate about fees being introduced by NYSE Euronext for real-time data from its NYSE Arca trading platform.
Xeno Adds Online TimeScape Training
UK-based data technology vendor Xenomorph is introducing a new online training function to help its clients make better use of its flagship TimeScape data management and analytics system, officials tell Inside Market Data . The move will help clients to…
Xenomorph Readies Data Admin Tool
UK-based data management technology vendor Xenomorph has released a new module as part of its TimeScape database to help trading firms minimize data spend by eliminating instances where a single set of data is paid for more than once.
Markit Boat Plans Granular Trade Tags, Tops Data Reporting
Pre- and post-trade reporting utility Markit Boat sailed to the top of an equity trade data league table compiled by Thomson Reuters last week, and while the market share study suggests that MiFID is prompting greater volumes of reported over-the-counter…
UBS Migrates to Hosted MDM Software
UBS has deployed an ASP-version of the Market Data Manager (MDM) inventory management software from UK-based vendor MDSL, replacing a previous version that was hosted in-house. The bank has used of MDM for approximately seven years, but earlier this year…
Screen Sets InfoMatch Rules
Dutch software vendor Screen Consultants will this week unveil version 3.4 of its InfoMatch market data inventory management software, which includes a new rules toolkit for tracking exchange and third party vendor data usage policies, as well as a…
Mighter: Count Keyboards, Cut Data Costs
UK-based trading hardware manufacturer Mighter is proposing that keyboards should be used as a unit of count, which could enable firms to save money for the same data used on multiple applications running across different PCs, officials tell Inside…
Fortis Centralizes Global Data Management
Belgian banking group Fortis has begun a global market data management project to enable the bank to manage data usage via a competence center in Brussels by the end of this year, officials say.
FISD Weighs Demand for Data Certification
Market data industry association FISD could begin certifying data professionals with official market data qualifications by this time next year, if a research study finds enough industry demand to support such an initiative, officials tell Inside Market…
MDSL Integrates 3di Data
UK-based data management technology vendor MDSL has partnered with London-based consultancy 3d Innovations (3di) to integrate 3di's database of market data solutions into the vendor's MDM (Market Data Manager) system for data service cost analysis,…
Bloomberg SID Move Raises Admin Concerns
Bloomberg clients may face increased administration when consolidating usage and invoice information for market data inventory management, following the vendor's apparent decision to stop granting new requests to customers wishing to access enterprise…
Reuters Lines up DACS Partners
Three trading technology vendors-BNY Convergex subsidiary Eze Castle Software, Charles River Development, and SunGard subsidiary Front Arena-are integrating their software with the OpenDACS API to Reuters' Data Access Control System to help client firms…
Fortis Integrates Sophis Data in DACS
Belgian banking group Fortis has integrated its Sophis Risque application with Reuters' Data Access Control System (DACS) to increase visibility of internal market data distribution and ensure compliance with data policies from both exchanges and vendors…
Benelux Banks Form InfoMatch User Group
Three Brussels-based banks-KBC Group, Fortis and ING Southwest Europe-have formed a user group to share ideas on how best to utilize their InfoMatch market data inventory management software from Dutch vendor Screen Consultants.
Roberts Group to Bolster Reporting Engine
The Roberts Group is planning to introduce new functions for tracking and analyzing data usage next year, using technologies incorporated into its FITS (Financial Information Tracking System) data cost and inventory management system earlier this year.
FTSE, Dow Prep ICB Adds
The Industry Classification Benchmark, the company and security classification system developed by FTSE and Dow Jones Indexes, is making changes to the sector levels by which it defines companies, to reflect demand for greater granularity on companies in…
Confluence Automates SFAS Validation
Pittsburgh-based fund data management software vendor Confluence has added the ability for investment managers to automatically validate disclosure schedules against their general ledgers using its Unity Holdings application, which automates collection…
CME, FIX to Speed Options Data Downloads
The Chicago Mercantile Exchange is planning to apply time-saving code created as part of the FIX Protocol to the process by which firms download the exchange's data dictionary of financial information for CME-listed contracts. Implementing the code would…
Reuters Readies MiFID Tools
Reuters will this week launch two new services that provide data and analysis of trade information to aid client compliance with the best-execution components of the European Commission’s Markets in Financial Instruments Directive.
Hedge Funds Warned of Fair Value Challenges
The Financial Accounting Standards Board's Statement (SFAS) 157 has created a rougher playing field for hedge fund managers attempting to derive fair value for securities, according to panelists at a Managed Funds Association seminar in New York last…
Deloitte: Modify Data Apps for Options Symbology Changes
Preparation for conversion to revamped US options instrument identifiers in 2009 must encompass systems across user firms, including applications for market data, trading and data collection, rather than exclusively back-office systems, according to…