A-Team Insight Author: A-Team
Preparing for DORA, the Digital Operational Resilience Act
On 28th November 2022, the European Council formally adopted the Digital Operational Resilience Act (DORA), new legislation designed to strengthen the IT security of financial entities such as banks, insurance companies and investment firms. Originally proposed in September 2020 as part of a larger European digital finance package, DORA’s recent adoption by the EC is...
How Automation is Impacting Asset Manager Workflows
Leon Brown, Account Manager at BidFX, explains why asset managers are increasingly looking at automation for enhanced productivity, as opposed to cutting headcount. Popular opinion now agrees that automation is not a nefarious ploy to reduce staff headcount, but an intelligent business decision designed to increase efficiency and enhance productivity. In the early days of sell-side...
Symphony Acquires Natural Language Processing Platform Amenity Analytics
Symphony, the market infrastructure and technology platform, has acquired natural language processing (NLP) data analytics solution vendor Amenity Analytics, for an amount estimated at tens of millions of dollars, although terms of the deal have not been disclosed. Amenity specializes in extracting and delivering actionable insights – from unstructured content types including earnings call transcripts,...
RegTech Can Help Solve ESG Data Management and Trust Challenges
As demand for data grows with the acceptance of ESG as a critical part of financial institutions’ business and regulatory activities, focus will intensify on the quality of that information. Asset managers and owners will want the cleanest, most relevant and most comprehensive datasets to identify investment opportunities and risks and to comply with the...
Arbuthnot Latham Taps Clausematch to Digitise Compliance Framework
Private bank Arbuthnot Latham is adopting Clausematch’s policy management platform to automate and streamline its compliance processes. The initiative aims to digitise Arbuthnot’s policy and compliance framework. According to Clausematch, Arbuthnot will use its proprietary policy management solution to reduce the time and risk of policy maintenance by giving compliance teams a centralised platform for...
A-Team Group Names Winners of Data Management Insight Awards – Europe 2022
Congratulations to the winners of A-Team Group’s Data Management Insight Awards – Europe 2022. These awards recognise both established solution vendors and innovative newcomers providing leading data management solutions, services and consultancy to capital markets participants across Europe. This year’s Data Management Insight Awards – Europe were presented by Olympic Athlete, Derek Redmond after a...
Bureau van Dijk wins A-Team Group awards for Best Entity Data Solution in Europe and the USA
Bureau van Dijk, a Moody’s Analytics company, has won awards for Best Data Entity Solution in A-Team Group’s Data Management Insight Awards Europe and USA. The awards celebrate leading providers of data management solutions, services and consultancy to capital markets participants. Bureau van Dijk’s entity data management solution, Orbis, was selected as a winner by...
Asset and Wealth Managers Demand Different ESG Data, SIX Survey Finds
Asset managers and wealth managers have divergent data needs for ESG investing, a new survey suggests. While asset managers want access to better and more varied granular data, their wealth-focused counterparts prefer packaged ratings, the survey by Swiss financial services company SIX found. At the same time, both expressed frustration at the shortage of information...
CSRD Approval Seen as Major Step in Closing ESG Data Holes
The European Union’s approval of its Corporate Sustainability Reporting Directive (CSRD) this week has given the greenlight to a regulation that’s expected to provide financial institutions with more comprehensive ESG data and go some way to eradicating greenwashing. The long-awaited rules will bring non-financial companies into the EU’s sustainability reporting regime, forcing them to submit...
EFAMA Stresses the Need for a Real-Time Consolidated Tape in Europe
As proposals for a consolidated tape (CT) for equities and bonds in Europe continue to be debated, industry body EFAMA (European Fund and Asset Management Association) has released a statement calling for a real-time CT for equities, to include both pre- and post-trade data. The creation of a CT was originally proposed in MiFID II...