Capco launches managed services alliance partner certification programme

Capco Reference Data Services, the leading provider of end-to-end reference data services to the top securities firms world-wide, including asset managers, brokers/dealers, and banks, announces a new "Managed Services Alliance Partner Certification Program".

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CRDS offers a comprehensive range of client solutions, including professional services, managed data services (BPO, BSP and ASP models) and value-added data solutions (Global Index Monitor, Global Exchange Traded Fund Monitor, and Sector Watch).

The exploding popularity of index and sector fund management has created a growing demand for internal analysis and performance tracking to manage regulatory and compliance issues. In addition, firms are increasingly demanding timely and accurate data without the burden of obtaining, cleaning and standardizing data from multiple sources.

The "Managed Services Alliance Partner Certification Program" has been designed to ensure that clients of CRDS' data solutions, particularly Global Index Monitor and Global Exchange Traded Fund Monitor, receive CRDS' high quality, clean and reliable index and ETF data available in the industry in the most seamless manner, with greater efficiency and lower costs.

Global Index Monitor (GIM) is a single source of cleansed global index data designed specifically for financial services firms. Delivered via a secure FTP server, GIM provides accurate, timely and consistent data from world markets with around- the-clock updates in a simple, unified file structure. GIM consolidates index composition data in a single standardized file, providing instant access to critical data that easily integrates into a user environment.

Global ETF Monitor (GEM) is a comprehensive source of highly reliable, easily integrated constituent data for the growing international Exchange Traded Funds (ETF) marketplace. GEM covers U.S.- traded ETFs and the most liquid internationally listed ETFs from London, Amsterdam and other exchanges.

"Capco Reference Data Services is extremely pleased to announce Citadel Associates, DSTi, GoldenSource, SimCorp USA, and TAP Solutions as members of our Certification Program," said Predrag Dizdarevic, Executive Vice President, Capco, and Head of Capco Reference Data Services. "These new alliance partners have agreed to make the same level of commitment as CRDS to ensure that our more than 30 major financial institution clients achieve the degree of trading success and highest standard, quality data we feel they deserve."

Unique to the industry, alliance partners who participate in the Certification Program are asked to ensure their solutions interface with the Global Index Monitor and Global ETF Monitor services in accordance with guidelines authored by CRDS, including recertification for file format changes by CRDS and new or major releases to vendor software.

"DSTi is pleased to be part of Capco's Managed Service Alliance Program," said Pamela Pecs Cytron, Executive Vice President, DST International. "We constantly continue to find partners who can help our customer's streamline their operations. DSTi will implement this with not only the reference data warehouse, but look to provide to our core accounting, performance and risk solutions."

"GoldenSource is happy to be participating as an alliance partner in Capco's Partner Certification Program," said Gary Reinhart, VP Product Management, GoldenSource. "This commitment is a natural evolution for our Enterprise Data Management (EDM) suite of solutions, further enhancing our integrated data platform and helping customers to create a single source of trusted enterprise data."

"TAP is delighted to be invited into the Capco Partner Certification Program," said Simon Blyth, Executive Vice President, Sales & Alliances, TAP Solutions. "TAP is committed to providing quality reference data solutions our clients can trust, and having high-value service providers such as Capco introduce a certification process ensures a better solution for everyone."

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