Markit and MarkitSERV Shuffle Executives Markit, which provides trading data, valuations and processing services, announced the appointment of Jeff Gooch as chief financial officer, officials say. Gooch’s new post follows his time at MarkitSERV where he served as global head of processing, CEO and chairman of MarkitSERV, Markit’s trade processing platform for OTC derivatives. Gooch… Read More >>
Case Study: Lincoln Financial Group Fills a Big Wealth Management Gap
Two years ago, Lincoln Financial Group could not find an off-the-shelf, client-facing, mobile wealth management analysis application that would help its retirement income services business. Undaunted, Lincoln Financial decided to build an app—with a little help from Fiserv.More and more, firms are turning to vendors to collaborate on new or enhanced applications. In March, FTF… Read More >>
XSP Builds App for DTCC’s New Messages as CFTC Suffers Big Data Nightmare
XSP Readies App for DTCC’s Reengineered Services Corporate actions processing provider XSP is working on “another product purely focused on the capture and display of ISO 20022 messages from the DTCC,” says Daniel E. Retzer, chief technology officer (CTO), managing director for SunGard’s XSP.The product, likely to come later this year, is intended to help… Read More >>
Misys and MarkitSERV Tackle NDF Clearing
Fund management clients of the Misys Confirmation Matching Service (CMS) asked Misys to help them meet their regulatory requirement by mid-year to clear non-deliverable forward (NDF) trades based on convertible foreign currency. This led to a partnership with MarkitSERV, an over-the counter (OTC) derivative transactions clearing gateway, to transport these FX derivatives to central counterparty… Read More >>