Telekurs and Financial Technologies International have teamed to develop an integrated reference data management solution, incorporating the Swiss data vendor's Valordata Feed (VDF) product and FTI's StreetReference package.
The companies say the integrated offering, known as "StreetReference with Telekurs" significantly reduces implementation timescales and complexity by providing a 'shrink-wrapped' solution for VDF data management, which can be implemented by a client organisation within 90 days.
FTI has been co-operating with Telekurs since late last year to map the complete native VDF data structure and file format into the StreetReference engine. As part of the Telekurs data feed, an enhanced edit and validation facility is utilised by StreetReference to enrich reference data to support client legacy system needs, to ensure the accuracy of the data, and to facilitate exception management. Exceptions may be identified in conjunction with Telekurs' provision of content and are passed electronically to the Swiss data vendor for follow up.
Currently in beta development, the combined solution will be offered for general release to existing Telekurs and FTI customers and prospects at the end of Q2 2003.