Data
We Can’t Upgrade, the Data Model’s Changed!
Although Knight Capital lost $440 million with just one faulty software upgrade, the cost of system maintenance and product upgrades are far greater, albeit less dramatic, than that much-publicized financial systems failure. Seemingly “simple” software…
Torstone Offers Data Reconciliation In Standalone Product
The vendor of post-trade processing software is offering the data reconciliation functionality of its Inferno application as a standalone product to help firms meet tighter trade-settlement deadlines
Limitations and Horizons
Michael Shashoua speaks with Peter Warms, head of open symbology at Bloomberg, about the prospects of the legal entity identifier and its implementation in the next year
The Big Data Quality Question
As financial firms seek to harness the potential of big data, they are adopting technological and strategic approaches to ensure the data quality measures up. Nicholas Hamilton surveys the ways in which risk, regulatory and data management concerns come…
Exchange Data International Gains IS0 9001
Standard certifies that the data vendor has good-quality management systems
The Onboarding Conundrum
Client onboarding is often a cumbersome process, but market practitioners believe it could be streamlined if firms enable their customers to upload and maintain their own data. The catch, Nicholas Hamilton finds, is that strict controls could be needed…
Ashmore Chooses Calastone For Funds Order Routing
The investment management firm will use Calastone's order-routing service, which can accommodate different messaging protocols, including ISO 20022, ISO 15022, proprietary formats and FIX
Holse Begins as CEO of SimCorp
Portfolio management software provider SimCorp has installed Klaus Holse, formerly of Microsoft, as its new CEO
Fenergo Launches Fatca Self-Certification System
The vendor's web portal will help financial institutions manage the collection of forms their clients will have to fill in as part of the US anti-tax evasion regulation
Forthrightness is Such a Bother
Past Editor’s Views have supported the premise that a strong and cohesive global legal entity identifier is worth getting, but the Basel, Switzerland-based international organization taking on the task is sowing confusion and dysfunction
