VPD Market Data Centre is the backbone of VPD Risk & Performance. As a hub and data warehouse based on the MS SQL 2000/2005 data management system, it brings together data from external price and index vendors with client portfolio and other internal systems. In this case the system will interface with Thomson Portia and StatPro SPA among other systems.
Henrik Sandberg, head of risk & performance, Handelsbanken Asset Management, said: After a proof of concept in May and June, we have decided to implement VPD Market Data Centre to improve flexibility and reliability in the data management and data flow of index constituent data throughout the organisation. Among our requirements, we find that VPD’s solution will increase efficiency through improved data quality assurance and fast implementation of new indices over time.