Inside Reference Data/News
First Boston Exec: "Don't Assume Private Clouds Are Secure"
Private clouds are not free from security issues, because they are often "intertwined" with public clouds, a First Boston Global Capital Markets executive has told delegates at the European Trading Architecture Summit
UBS Exec: "Don't Centralize Processing Of Big Data"
It is easier to process big data where it resides than to centralize it first, a lead architect at UBS Investment Bank has told delegates at the European Trading Architecture Summit
CounterpartyLink Brings On Two From Thomson Reuters
Thomson Reuters sales and account executives Helga Saraiva and Catherine Michel-Lefebvre have joined legal entity data vendor CounterpartyLink as business development managers
Advise Makes Reporting Tools Available On Abacus Cloud
Software vendor Advise Technologies has made its Consensus RMS suite of regulatory reporting tools available on the AbacusFLEX private cloud to satisfy the needs of the increasing number of hedge funds it says are choosing to migrate their applications…
SumRidge Completes Municipal Securities Database
Working with Interactive Data, fixed-income firm SumRidge Partners has gained a more complete source of municipal securities reference data
Pneuron Names Fountain CTO
Thomas Fountain, a former CIO of agribusiness company Bunge, Honeywell and divisions of GE, has joined the data technology provider
Chester Joins Erudine Financial
Ian Chester, previously a business development executive at Calypso Technologies, has been named commercial director at Erudine, a data management provider now entering the financial services sector
EDM Council: Link Data To Ease Compliance
Regulatory mandates can best be met by linking data from instruments, disclosures, obligations and holdings, according to an official of the industry forum
Torstone Hires Global Head Of Sales
Jonny Speers has moved from OpTier to Torstone Technology, where he will lead global expansion of the software vendor's business
Bloomberg Makes Data Available To Third-Party App Developers
The data vendor says if a developer comes to it with an idea for an app that uses Bloomberg's reference data, it will include the product in a new portal
Mizuho Exec: "Asia Has Opportunity To Create Uniform Approach to Fatca"
The different approaches Asian countries have so far adopted towards the US anti-tax evasion regulation could cause operational complexity for firms in the region, but the postponement of the regulation has created a chance to agree on a consistent…
Soc Gen Exec: "Global LEI Adoption Will Take 20 Years"
The experience of the International Securities Identification Number suggests it will take 20 years for the legal entity identifier to be adopted globally, a Société Générale Securities Services executive has told delegates at the Asia Pacific Financial…
Bank Of China Exec: "Vendors Should Address Data Gaps For Basel II"
Vendors should provide data on both investment-grade and non-investment-grade assets for use in the validation of Basel II risk estimates, a Bank of China executive told delegates at the Asia Pacific Financial Information Conference in Hong Kong this week
Basel Group Lays Out Long-Term Rules Plans
The Basel III capital adequacy requirements will include several minimum provisions and other provisions taking effect gradually from next year through 2019, the Basel Committee's head states
Erudine Financial Launches Data Management Software
The data services software provider, whose background is in the aerospace and nuclear energy industries, is applying its expertise to financial data supporting LEI, KYC and Fatca compliance operations
APFIC Live: Opportunities and Competitiveness In 2013
Inside Reference Data reporter Nicholas Hamilton reported live from a discussion covering opportunities and competitiveness in the coming year, at the Asia-Pacific Financial Information Conference in Hong Kong
Interactive Data Integrates CICI Into Business Entity Service
The data vendor has integrated the Commodity Futures Trading Commission's interim compliant identifier into its Business Entity Service and will link the standard to hierarchical data to give customers a more comprehensive understanding of their risk…
Wells Fargo Exec: Some Hedge Funds Uncomfortable With Vendors' Evaluated Prices
A valuations executive at the fund administrator told delegates at this week's Frankfurt Financial Information Summit that although pricing and valuations vendors believe they have become much more transparent, some hedge funds are still not comfortable…
Nord LB Exec: Use Agile Development To Manage Uncertainty Of Regulations
An executive from the German bank told delegates at this week's Frankfurt Financial Information Summit that agile software development methodologies may be the best way to prepare for new regulations which are still being developed
Drilling Down On Benchmarks
Buy-side firms are scrutinizing their benchmark data sourcing more closely to ensure more accurate performance reporting and attribution, according to officials and leading service providers participating in an industry discussion. Michael Shashoua…
Nord LB Builds Clearing Business From Dodd-Frank Compliance
The regional German bank plans to use its clearing facilities interfaces to offer clearing services for client banks that lack resources to create their own connections that meet regulatory mandates
Vanguard's Benchmark Shift Influencing Others
Vanguard Group's switch away from MSCI benchmarks due to their cost could change how other benchmark and index data users think about where they go for the data, according to a consultancy serving 200 member firms
AIM Software Hires Walford-Grant
The EDM provider has named Michael Walford-Grant, a veteran of PolarLake, to manage UK operations in the company's new London office
GoldenSource Partners With Neoflex To Crack Former Soviet Countries
The vendor of EDM software believes its partnership with a Russian firm will help develop business in the region, where it says it has secured a contract with "a large financial institution" and has "an active pipeline of additional interest"