Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
Counterparty data just got more interesting…
Although financial institutions have had teams of people managing and cleansing entity data for decades, when CounterpartyLink was founded in 2005 the practice of turning to external sources for cleansed entity data and verification of one’s own data was a relatively new concept. Identified by backers Investors Guaranty and data platform provider Cicada as a…
Cicada Spins Off CounterpartyLink to Investors Guaranty Global Alliance
Following several months of market speculation, CounterpartyLink has been sold by parent Cicada Cos to a group of investors led by Andover Capital, part of the Zurich-based specialist fund Investors Guaranty Global Alliance (IGGA). The deal places CPL among a number of financial content and technology investments already owned by IGGA and the Investors Guaranty…
Disparate Markets and Complex Trading Call for Smarter Exceptions Management – Contributed by Coexis
Disparate markets and complex trading call for smarter exceptions management, argues Donal O’Brien, business development director of Coexis. If Societe Generale’s reference data systems had been a bit wiser to the activities of its users, could the actions of Jerome Kerviel and the French bank’s subsequent £3.7bn loss have been avoided? The need for increasingly…
S&P Offers Cusip Master File Database Via GoldenSource
Standard & Poor’s (S&P) has made its Cusip Master File database available through GoldenSource. Under the arrangement users can access Cusip and other S&P data through GoldenSource in a format that will let them manage risk exposure more effectively by identifying issues and issuers from a variety of sources. The Cusip Master File database, a…
Netik Buys CRDS, Replaces BNY With VC, Pursues Service Vision
The question of what the merger of Bank of New York and Mellon would mean for the two data management vendors owned by the banks, Netik and Eagle Investment Systems respectively, has been answered, as Netik reveals its new primary investor as Symphony Technology Group. The two-part deal orchestrated by Netik (with Marlin & Associates…
EastNets Enters into Distributor Agreement with CounterpartyLink to Carry Counterparty, Entity Data
Dubai-headquartered EastNets has signed a distributor agreement with CounterpartyLink (CPL) under which EastNets will make CPL’s legal entity reference data available via its portal or for direct distribution to its clients. EastNets privides payment and security solutions for the financial, corporate and government sectors in EMEA. EastNets has been supporting the entry of counterparty data…
Entity Data, EDM Vendors Ally, as Golden Copy Logic Finds its Place in the Counterparty Data World
Two alliances this month between providers of counterparty data and suppliers of data management systems indicate that counterparty data’s role in the bigger enterprise data management (EDM) picture continues to mature and more closely resemble that of security master data. As Reference Data Review went to press, Standard & Poor’s and Siperian (which already has…
Standard & Poor’s to Provide Counterparty Data Feed to Siperian MDM Hub
Standard & Poor’s is providing a counterparty data feed to Siperian’s master data management (MDM) Hub, enabling Siperian customers to view relationships between securities, issuers, parents and subsidiaries for better risk analysis and operational management. With the combination of Siperian’s master data management platform and Standard & Poor’s security and legal entity data feed, Security…
Netik Targets Service Model with Capco Reference Data Services Buy, Symphony as New Majority Investor
Data warehouse provider Netik has completed a buyout of its business from The Bank of New York Mellon Corporation and simultaneously acquired Capco Reference Data Services (CRDS) from Capco. Netik is now pursuing a vision of transforming from a purely software business into a software and service business, bringing together the CRDS capability to scrub…
Avox, GoldenSource Forge Strategic Alliance
Avox, the business entity data specialist, and GoldenSource, provider of enterprise data management solutions, have entered a strategic partnership that they say will allow firms to utilise fully verified and ‘’stress-tested’’ business entity data across their entire organisations. Mutual clients will now be able to easily integrate the Avox business entity data service with the…