Bear Stearns plans to implement GemFire Enterprise from data infrastructure company GemStone to manage in-memory data across its enterprise applications, initially focused on Global Clearing and Settlement Risk Analytics as well as Program Trading. Bear Stearns realised its daily batch-oriented risk reporting was coming under strain as trading volumes increased and regulatory requirements became more stringent. Using GemStone has reduced data latency, decreasing the time needed to run the batch reports, providing a clearer picture of the risk being assumed by various groups within Bear Stearns.
A-Team Insight Blogs
Bear Stearns to Implement GemStone For Risk Data Latency
Regulatory reporting has been a cost and resource burden for financial institutions for many years, with the race to compliance in a highly regulated market often leading to multiple, singular regulatory reporting solutions. Legacy systems add to the challenges of making reporting changes in line with adapted and new regulations. This webinar will address these...
The Bank of England is pressing ahead with plans to deliver data standards for data collection based on its vision that ‘the bank gets the data it needs to fulfil its mission, at the lowest possible cost to industry’. It acknowledges the challenges of setting standards, such as coordinating collective action, and says it will...
This summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.
A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...