Inside Reference Data/News
Markit, Genpact Unveil KYC Services
The joint services include a standardized approach for client onboarding and KYC data management that are intended to help users reduce complexity and cost
Industry Participants Asked for Views on Demand for Data
Burton-Taylor International Consulting is asking industry participants to take part in its annual survey of demand for financial data, which has previously highlighted growing requirements for pricing and reference data
Nasdaq OMX Adopts Bloomberg Open Symbology
Nasdaq OMX says incorporation of Bloomberg's security identifiers into its market data feed will improve transparency and help clients to streamline data integration
Tsianaxis Joins Accenture
Vangelis Tsianaxis, who has worked on identifier, financial crime and risk issues at Deloitte and Citi, has joined the consulting firm
Markit Launches Loan Covenant Interface
The Markit Loan Covenant Library is intended to support better analysis of loan covenant data, and is expected to grow to cover 6,000 covenants by the third quarter of the year.
AIM Commits to Three-Month, Fixed-Price Implementations
The enterprise data management software vendor says it is addressing concerns in the industry about expensive, drawn-out implementations by committing to implement its pricing and corporate actions application in three months for a fixed, pre-negotiated…
SunGard Launches Risk Reporting Service for Hedge Funds
SunGard's new managed service validates the data it receives from hedge funds against its risk model database and produces standard and customized risk reports overnight
NYSE Plans Corporate Actions Data Changes
The exchange announced new information to be added to its corporate actions data services, and changes to licensing rules and pricing, taking effect September 1
Cumberbatch to Lead Rimes Reference Data Products
Bob Cumberbatch has been hired to lead work on Rimes Technologies' reference data services, with a focus on buy-side firms' management of new regulatory requirements
Asset Class Data Raises Identifier Demand
Greater interest in asset classification data is fueling more demand for identification codes to manage it, exposing strains due to silos and multiple identifier choices, a data services provider's reference data executive says
Bottega Plans Collaboration at EDM Council
John Bottega, a former chief data officer at a few major firms who recently joined the industry organization as an advisor, intends to work with member firms on data management strategies
Rimes Hires Drumm For S.F. Office
Rimes Technologies has hired Michael Drumm, an experienced sales management executive, to lead its new San Francisco office
DTCC, Euroclear to Collaborate on Collateral Processing
The post-trade infrastructure providers plan to launch two utilities that will help users address increasing needs for collateral and more complex collateral processing due to regulatory change
Bottega Joins EDM Council
John Bottega, who has served as chief data officer for the Federal Reserve Bank of New York, as well as Bank of America and Citigroup, has joined the industry organization as an advisor
Carrel Leaves Thomson Reuters For Calypso
The software and services provider has named Philippe Carrel, a longtime Thomson Reuters risk executive, as general manager for the Asia-Pacific region
Markit IPO Expected to Create Greater Competition, Innovation
Industry observers say the data services provider's decision to file for an initial public offering will increase competition and may lead to further acquisitions by the company
OMG Chooses Bloomberg Symbology For Spec
The Object Management Group standards consortium is considering Bloomberg's Open Symbology as the basis for its Financial Instrument Global Identifier specification
CUSIP Adds Coverage of Crowdfunding Offerings
The provision of CUSIPs for crowdfunding offerings is part of CUSIP Global Services efforts to cover new asset types and has become necessary because of the liberalization of legislation in the US governing private placements
LEI Benefits Will Take Longer, Data Provider Exec Says
In Japan, LEI data will eventually work as a common language for counterparty data, according to Denis Sweeney of Interactive Data
BEPS Spreads Tax Data Collection Wider
An international policy forum is working on a project to collect and coordinate pricing data from multiple markets, with the intent of clearing up jurisdictional issues
Xenomorph Adds Validation to TimeScape
The data management services provider now offers a Data Validation Dashboard as part of its TimeScape analytics product
Barclays Joins Swift's KYC Data Utility Project
Barclays and 10 other banks are working with Swift to establish a central source of know-your-customer data
Markit Plans Relaunch of Corporate Actions Service
Markit Corporate Actions will move to a web-based platform, offering more data sourcing flexibility and timelier processing
WorkFusion Gains Funding
Venture capital firm Mohr Davidow Ventures is leading $15 million in funding for the crowdsourcing data operations company, including investment by former Thomson Reuters CEO Tom Glocer