About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

ASG Technologies Pushes into Australia with Ascention Partnership

Subscribe to our newsletter

Systems management provider ASG Technologies has partnered with Sydney-based data analytics and enterprise performance management specialist Ascention to develop data governance and data lineage solutions for the Australian market.

A recent survey of IT professionals by ASG found that two of the top barriers to realizing the full value of data in the enterprise are finding and gaining access to the right data and risk of non-compliance with privacy regulations. In Australia, The Australian Prudential Regulation Authority (APRA) has set data privacy guidelines equally as stringent as the General Data Protection Regulation (GDPR), meaning organisations in the region must set up the proper processes to ensure they understand what data lives within the enterprise and manage that data in accordance with privacy standards.

As part of the new partnership, ASG’s Data Intelligence Solution (which helps enterprises to capture and govern information in order to find, understand and analyse trusted data) will now be one of the solutions recommended by the Ascention team.

“Organizations need partners with deep domain knowledge to help them navigate the hurdles that come with the shift toward data governance globally and regionally, and the resulting regulatory changes,” says W. Daniel Cox, III, CEO of Ascention. “As we shepherd customers along their data governance journeys, we know ASG’s Data Intelligence solution will not only complement our own advisory services, but provide customers with the technology they need to realize the full potential of their data.”

The latest drive into Australia follows ASG Technologies’ recent partnership with PwC to push into the Indian market, combining PwC’s Enterprise Data Governance (EDG) framework with ASG’s Data Intelligence Solution. “We have seen major shifts towards data governance and data privacy in the Indian market, and businesses need experienced partners to help them navigate regulatory and operational changes,” noted Sudipta Ghosh, partner & head of PwC India’s Data Analytics practice, last week. The Indian parliament is currently debating a Personal Data Protection Bill, which proposes the establishment of a Data Protection Authority of India.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to leverage data lineage for actionable business insights

Data lineage is a must-have for financial institutions, but is it being used to its greatest extent, and is it delivering actionable business insights that inform product development and support competitive advantage? This webinar will address these questions, looking first at the status quo of data lineage across capital markets, and moving on to discuss...

BLOG

Bridgewise Raises $21M to Expand AI Financial Intelligence Platform for Global Securities

Bridgewise, the AI-powered investment analysis platform, has successfully completed a $21 million funding round, increasing its total capital raised to $35 million. The investment was spearheaded by SIX Group and included contributions from Group11 and L4 Venture Builder, along with other global financial institutions. The company provides advanced AI-driven solutions that serve a diverse client...

EVENT

RegTech Summit London

Now in its 8th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...