Latest Reference data News: Finextra Research

Interactive Data looks for growth in Japan with NTT Data stake

Interactive Data is to acquire a majority 64% stake in Tokyo-based reference data outfit NTT Data Financial (NDF) from NTT Data Corp for $20.2 million.

19 November 2008

News/Reference data

UBS buys minority stake in Governance Metrics International

UBS has purchased a minority stake in research advisory firm Governance Metrics International, providing the Swiss investment bank with access to GMI's proprietary content and database.

07 November 2008

News/Reference data

Australia's GBST to acquire Coexis

Australian financial software house GBST is to acquire London-based securities tech firm Coexis. Financial terms of the deal were not disclosed.

05 November 2008

News/Reference data

Postbank deploys Asset Control data management software

Germany's Postbank is rolling out Asset Control's AC Plus financial and reference data management software.

30 September 2008

News/Reference data

New platforms to challenge LSE on reference data

Chi-X, Turquoise and Nasdaq OMX have joined an informal working group formed by Plus Markets to explore alternative market data and price reporting services to those provided by the London Stock Exchange (LSE).

23 September 2008

News/Reference data

State Street Global Markets acquires SSISearch

Investment research and trading outfit State Street Global Markets has acquired UK reference data provider SSISearch. Financial terms of the deal were not disclosed.

22 May 2008

News/Reference data

Netik completes buyout from BoNY Mellon; acquires Capco Reference Data Services

Financial markets software house Netik has bought back the stake in its business that Bank of New York Mellon acquired in 2004 and has simultaneously acquired the reference data arm of financial services consultancy Capco.

11 February 2008

News/Reference data

CounterpartyLink reports Desjardins contract

Canadian banking group Desjardins has signed a three year contract with London-based CounterpartyLink for the provision of legal entity data.

15 January 2008

News/Reference data

Turquoise chief Lederman to keynote at Finexpo

Eli Lederman, the newly-installed chief executive of bank-backed equities trading venue Turquoise, is among a roster of top-level keynote speakers participating in this year's Finexpo, the capital markets industry's leading technology conference and exhibition, taking place at The Brewery, Chiswell Street, London on 30 January.

11 January 2008

News/Reference data

Industry-wide effort needed to standardise reference data - TowerGroup

Little progress has been made in standardising reference data and inconsistencies continue to pose a significant challenge for securities firms around the globe, according to a new TowerGroup report.

06 November 2007

News/Reference data

French firms subscribe to Avox MiFID classification service

French firms Calyon, CM CIC Securities and Société Général Corporate and Investment Banking have signed up to the MiFID classification service provided by Deutsche Börse subsidiary Avox.

05 November 2007

News/Reference data

Data management top IT initiative for banks in 2008 - Financial Insights

Effective management of data will be the most important IT initiative for financial institutions in 2008, according to a report by Massachusetts-based research and advisory firm Financial Insights.

19 October 2007

News/Reference data

EDM vendor Citadel appoints Peter Little CEO

Citadel, a London-based provider of enterprise data management (EDM) technology, has appointed fintech veteran Peter Little as its new chief executive officer (CEO).

24 September 2007

News/Reference data

MiFID and Reg NMS to drive market data volumes - study

The introduction of the EU Markets in Financial Instruments Directive (MiFID) and the US Regulation National Market System (Reg NMS) could cause a 900% increase in the amount of market data being published by 2010, according to the latest TowerGroup research.

31 July 2007

News/Reference data

WestLB rolls out Asset Control data management platform

German banking group WestLB is installing Asset Control's flagship data management technology, AC Plus, at its operations division.

31 July 2007

News/Reference data

Interactive Data pays $25.3m for Xcitek market data assets

Interactive Data Corporation has signed an agreement to acquire the market data assets of New York-based Xcitek for $25.3 million in cash.

04 April 2007

News/Reference data

Fidelity buys into Asset Control; installs Lynch as CEO and underwrites Tap acquisition

Boston-based Fidelity Ventures has taken an undisclosed majority stake in Asset Control, a Dutch provider of data management technology to financial services firms. Concurrent with the funding the vendor has acquired Vancouver-based reference data outfit Tap Solutions and installed Phil Lynch as CEO.

04 April 2007

News/Reference data

Legacy IT hindering move to enterprise data management

Complexity of legacy IT systems is the most common hindrance to realising enterprise data management (EDM) for financial services firms, according to research commissioned by GoldenSource and conducted by Finextra.

07 February 2007

News/Reference data

Reference data quality remains investment hotspot - report

Over a third of financial services firms are planning to invest in the automation of reference data over the next two years, according to a survey of IT managers conducted by AIM Software and sponsored by FT Interactive Data.

24 November 2006

News/Reference data

Finexpo switches venue to cope with rising numbers

Finexpo, the leading London conference and technology exhibition for City investment professionals, is set to celebrate its fifth anniversary with a move to a new venue in an effort to cater for rising delegate numbers.

24 November 2006