The US subsidiary of Dutch asset manager APG Algemene Pensioen Groep NV, APG Investments US Inc, has signed up for US domestic fixed income corporate actions information from Fidelity ActionsXchange, via its ActionService product. APG Investments US Inc is the wholly owned subsidiary of APG Algemene Pensioen Groep NV, which provides asset management services to Dutch-based Stichting Pensioenfonds ABP. ActionService, which competes in the corporate actions processing market with the DTCC’s Global Corporate Actions Validation Service, takes in multiple corporate action data sources and detects and reconciles routine data discrepancies. This client win, follows a successful year for the vendor in 2007, during which it increased its number of clients by 32%.

Boston-based investment management firm Eaton Vance has implemented Eagle Investment Systems’ data management and mutual fund performance solution in order to build an investment systems data warehouse. The selection of Eagle’s offering is to support the investment manager’s plans to outsource the servicing of its institutional business to Bank of New York Mellon (BNY Mellon) Asset Servicing, of which Eagle is a subsidiary.

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Fitch Ratings has selected and implemented LakeFrontData’s Reference Data Factory (RDF) for its securities reference data management platform. The selection of RDF is part of its service oriented architecture (SOA) approach to IT, the ratings agency says.

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Liverpool Victoria Asset Management (LVAM) has signed a deal to implement Cadis Software’s EDM Suite. Due to go live in less than three months, Cadis will serve as the backbone of LVAM’s new technology infrastructure and play an instrumental role in the company’s growth strategy, according to the vendor.

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Invesco PowerShares is using Interactive Data’s Fair Value Information Service and Basket Calculation Service as inputs to the valuation processes for its exchange-traded funds (ETFs). The Basket Calculation Service provides the IOPVs for Invesco PowerShares’ new municipal bond ETFs. It uses Interactive Data’s real-time fixed-income valuations, real-time equity pricing and interest rate data to calculate updated IOPVs every 15 seconds.

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Paladyne Systems, a solutions provider for the hedge fund industry, has licensed its Paladyne product suite to Symphony Asset Management, an investment advisor to a number of institutional accounts.

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Switzerland-headquartered STP software vendor Sterci says Benelux-based private banking and asset management institution Petercam has been using its KEYdata solution for reference data management since January 2008.

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STP software vendor Sterci says Benelux-based private banking and asset management institution Petercam has been using its KEYdata solution for reference data management since January 2008.

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Cadis Software, formerly Citadel Associates (Reference Data Review, March 2008), the provider of enterprise data management (EDM) systems specifically targeting the buy side, says Principal Global Investors has gone live with the Cadis EDM suite, after an implementation taking just 11 weeks. This follows the announcement late last year that the investment manager had selected the solution. (Reference Data Review, November 2007).

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StatPro has entered into a contract to supply its portfolio management solution (SPM) and StatPro Data Services (SDS) to ATB Investment Management. SDS delivers access to pricing, terms and conditions and reference data across all asset types, from all markets. Market data is available on an intraday, end-of-day and historical basis, and SDS provides coverage of European, Asian and Northern American corporate actions, including cash, stock and omitted dividends as well as splits and consolidations.

Paladyne Systems, solutions provider for the hedge fund industry, has licensed its Paladyne product suite to Symphony Asset Management, an investment advisor to a number of institutional accounts. Symphony has licensed the Paladyne product suite to use as its centralised reference and market data repository and firm-wide data warehouse and custom reporting solution. Symphony has also licensed Paladyne’s Integration Manager for integrating the Paladyne product suite with its existing data vendors and internal applications.

UK-based ValueLink has extended its provision of data services to BNY Mellon Asset Servicing to include OTC counterparty price collection and data reporting.

The service for BNY Mellon, which ValueLink has been providing since the first week of December 2007, following extensive testing, is similar to that which the vendor has been providing to BNP Paribas Securities Services for some time (Reference Data Review, April 2007).

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One of the world’s largest pension funds has gone live with Screen INFOmatch’s market data management solution INFOmatch. The Netherlands-based fund uses the system for managing its market data use within asset management, as well as in its middle and back offices. The tracked market data user community consists of roughly 80 users. INFOmatch is being used to track the users’ market data profiles, including data that is accessible via the fund’s portfolio management and other non-market data systems, to assure full compliance with vendor and exchange agreements.

Swiss Life Funds (Group Swiss Life), a subsidiary of Swiss Life Investment Management Holding, Zürich, has implemented Aquin Components’ central data management and reporting platform to support consolidation of fund and historic data and unified fund reporting, DVS. It took just 10 months to fully implement the DVS platform, providing Swiss Life Funds with a consolidated and quality assured database. Now multiple departments and systems can access fund data from a single location.

Swiss Life Funds (Group Swiss Life), a subsidiary of Swiss Life Investment Management Holding, Zürich, has implemented Aquin Components’ central data management and reporting platform to support consolidation of fund and historic data and unified fund reporting, DVS. It took just 10 months to fully implement the DVS platform, providing Swiss Life Funds with a consolidated and quality assured database. Now multiple departments and systems can access fund data from a single location.

One of the world’s largest pension funds has gone live with Screen INFOmatch’s market data management solution INFOmatch. The Netherlands-based fund uses the system for managing its market data use within asset management, as well as in its middle and back offices. The tracked market data user community consists of roughly 80 users. INFOmatch is being used to track the users’ market data profiles, including data that is accessible via the fund’s portfolio management and other non-market data systems, to assure full compliance with vendor and exchange agreements.

Desjardins Group has signed a three-year deal with CounterpartyLink for the provision of legal entity data as part of a larger counterparty and issuer risk project that will also see Desjardins – the biggest co-operative financial group in Canada – implement SunGard Adaptiv Credit Risk.

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CompSci Resources’ proprietary interactive XBRL technology has been implemented by the US Securities and Exchange Commission (SEC) to display executive compensation data from 500 of the largest American companies. CompSci designed and engineered a system that extracts summary compensation data from SEC filings, converts the filings into XBRL instance documents, and dynamically renders the XBRL filings into a readable format using its interactive web-based technology known as iA.

Harvard Management Company (HMC) has licensed the XSP v5 corporate actions platform. HMC has also licensed XSP’s web-based eTRAN (Electronic Tracking Response and Notifications) and Swift ISO messaging modules for the notification and response capture of elections processing.

The XSP v5 platform is built around a service-oriented architecture (SOA), utilising Microsoft .NET components and web services for global enterprise-wide processing. Brendan Farrell, chief executive officer of XSP, says: “HMC is one of several clients taking advantage of the XSP v5 platform… developed to cater to the unique requirements of our clients – incorporating proven functionality with the latest industry standards and technological advances.”

BlueCrest Capital Management, a leading European hedge fund manager with approximately $11.5 billion under management, has selected CMA to help its equity derivative and credit derivative desks to effectively manage their live tradable prices (QuoteVision) and accurately mark-to-market (DataVision).

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