The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Aim Software, FISD and Interactive Data Launch Reference Data Management Survey

Aim Software, FISD and Interactive Data have launched their fifth international reference data management survey, which aims to find out the challenges and trends in this sector over the next year.

The survey, which being carried out jointly by Aim Software and FISD and being sponsored by Interactive Data (Europe), is now available online on the Aim Software website.

The firms are hopeful that back office managers and risk managers will respond and provide information about how successful they have been at improving automation levels within reference data across their institutions. The survey is also attempting to find the driving forces behind this automation, how the financial industry is coping with new regulations and how mature back office systems are in the area of reference data. This year’s survey will also examine changes and advances between 2008 and previous years.

Martin Buchberger, head of marketing at Aim Software, explains: “We saw that the impact of new regulations is about to substantially change the whole operational infrastructure of financial institutions. We specifically took a closer look at risk management and reference data management processes in order to get a better picture of what shapes this development and to see how companies cope with it.”

The final results of the survey will be available by the end of 2008 and Aim says that participants will benefit from a free, comprehensive benchmarking to the rest of the market, country-specific drill-downs and charts.

Related content

WEBINAR

Recorded Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions can enhance their client onboarding experience, streamline their internal operations, and open the door to new,...

BLOG

Observational Learning Boosts Data Quality, Improves Reconciliations, Cuts Costs of Exceptions

Large data volumes and manual data validation techniques are making it difficult for firms to achieve levels of data quality required to support seamless transaction processing and regulatory reporting. The problem is exacerbated by MiFID II and other emerging regulations that impose new processes on transaction reporting, including reconciliation of transactions from the trade repository...

EVENT

RegTech Summit APAC

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.

GUIDE

Tackling the Data Management Challenges of FATCA

As the July 1, 2014 deadline for compliance with the Foreign Account Tax Compliance Act – or FATCA – approaches, financial institutions around the world are working to ensure their data management and operational systems will meet the requirements of the US legislation. This report discusses the requirements of FATCA and how the legislation is...