Data Management Insight Blogs The latest content from across the platform

How to Meet the Data Rules and Requirements of Fundamental Review of the Trading Book Regulation

Implementation of Fundamental Review of the Trading Book (FRTB) regulation is complex, demanding and time consuming, but can be achieved by setting priorities, working with external data vendors, and taking best practice approaches to the data management challenges presented by the regulation. A well-attended A-Team Group briefing hosted at the Glaziers Hall in London, Meeting…

Fenergo Research Finds Lack of Strategic Data Management in Client Onboarding

Fenergo has published the final instalment of its three-part Client Lifecycle Management Trends Report – Disrupt the Disrupters. Headline statistics show 33% of the C-suite banking executives surveyed for the report have not invested in any technology to improve client onboarding, despite 99% agreeing that underinvestment in technology directly impacts onboarding and retention. Only 15%…

Derivatives Service Bureau Calls for Industry Input to 2019 Consultation

The Derivatives Service Bureau (DSB) has opened its 2019 consultation with a focus on getting industry feedback on operations such as data submission enhancements, services such as data flow rationalisation, technical issues including infrastructure and workflows, and legal aspects including the fee survey and user agreement forum. The consultation is seeking responses from both direct…

IHS Markit Builds on Counterparty Manager to Deliver Onboarding Accelerator

IHS Markit has built out its Counterparty Manager service to deliver Onboarding Accelerator, a solution designed to help banks and other service providers open accounts with institutional clients more quickly and ultimately in one day. The accelerator’s technology is based on the company’s Counterparty Manager service that is used by 12,000 buyside customers and over…

Annaly Capital Management Implements CuriumEDM to Drive Efficiency and Transparency

Annaly Capital Management, a New York based diversified capital manager, has implemented Curium Data System’s enterprise data management (EDM) solution as part of a multi-phased technology initiative designed to drive operational efficiencies and promote transparency across the company’s platform. Don Choe, chief technology officer at Annaly, says the firm evaluated numerous master data management products…

Refinitiv Puts Data and Compute in the Cloud to Deliver PRIIPs Compliance Service

Refinitiv is building out cloud capability by providing a menu of data and services that breaks down its traditional product outlook. Clients can select the capabilities and content they need, compute is performed in the cloud, and longer term, cloud is expected to unlock some of the costs of platforms, people and processes. An example…

Data Science 101 – a CDO’s Viewpoint

By: Michael Conlin, Chief Data Officer at the US Department of Defense. The DoD selected me as its first Chief Data Officer to introduce new ways of doing new things. To that end, I’ve introduced new ways of thinking as well. Here is a snapshot. Ready, willing & able The number one criteria for launching…

How to Solve the Data Sourcing and Management Problems of FRTB

Fundamental Review of the Trading Book (FRTB) presents some of the toughest data sourcing and management requirements in the history of capital markets regulation since the 2008 financial crisis. It also has an implementation date of January 1, 2022, which considering the regulation’s complexity, means there is no time to delay in getting your FRTB…

Refinitiv Names Joseph Mrak to Drive Growth in Wealth Management Market

Refinitiv has appointed Joseph Mrak as global head of wealth management with a remit to focus on driving technology innovation, developing key regional and global partnerships, expanding global reach and growing value for clients and prospects. Refinitiv’s wealth management business supports a number of established and emerging wealth customers, and provides global, regional and emerging…

FSB Names Derivatives Service Bureau as Sole Provider of the Unique Product Identifier

The Financial Stability Board (FSB) has designated the Derivatives Service Bureau (DSB) as the sole service provider for the future Unique Product Identifier (UPI) system. The DSB will also be the operator of the UPI reference data library and will start to issue UPIs once their code and reference data are set as international data…