A-Team Insight Author: A-Team
Alveo Expands Relationship with FactSet to Offer Data-as-a-Service
Alveo has expanded its relationship with FactSet, which added FactSet ESG content to Alveo’s data management platform, with a collaboration that combines the companies’ data and data management capabilities to provide customers with solutions that integrate FactSet content into workflows and databases. The collaboration is designed to minimise time needed to onboard new data sets...
Data Management Summit New York will Discuss How Cloud Can Unleash the Value of Data
Cloud-based data management is winning converts with its ability to free financial institutions from often rigid and siloed architectures that can stunt innovation and erode the value of digital transformation. It also reduces dependency on on-premise and data warehouse-based architectures, giving firms the scale and power to make their data work harder and deliver greater...
Darlington Building Society Taps LexisNexis’ RiskNarrative to Combat Financial Crime
Darlington Building Society has selected LexisNexis Risk Solutions’ RiskNarrative platform to support its financial crime prevention strategy and improve its existing online member portal experience and customer onboarding journeys. The implementation is part of the UK building society’s ongoing digital transformation programme to digitalise its overall customer journey, including automated document verification and due diligence...
SteelEye Raises $21 Million in Series B Led by Ten Coves
Communications and trade surveillance platform SteelEye has raised $21 million in a Series B funding round led by Ten Coves Capital and including existing investors Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and a large family office. The round – which takes SteelEye’s total capital raised to $43 million – will be used to fund...
Prime Trading Implements Iress API Data and Trading Solution, Reducing Data Latency and Costs
Prime Trading, the privately held proprietary trading firm, has reduced its API data latency and costs as a result of implementing Iress’ API Data and Trading Solution, according to a recent announcement. As part of Prime Trading’s modernisation process, and to support its commitment to constantly seek out improvements for its end clients, the firm...
Denominator Helps Finbourne Plug the DEI Gap for Conscientious Investors
Anders Rodenberg, chief executive of social metrics and data provider Denominator, responds with his own question when asked why diversity, equity and inclusion (DEI) considerations should matter to investors. “Is it right that an asset manager who gets half their money from women should invest in companies that don’t have a single woman on its...
ESG Data Industry Welcomes Latest UK Disclosure Guidance
New ESG data recommendations by the UK’s accounting watchdog have been welcomed by leading data providers and users, who said the guidance provides a clear pathway to better sustainability disclosures. The Financial Reporting Council’s FRC Lab said its guidance on the production of ESG data was necessary because the sustainability data space was “less mature”...
Real-time and Always on: The Benefits and Challenges of Perpetual KYC
Monitoring risks to companies during the onboarding of clients can be time-consuming and costly. Nevertheless, it’s an essential effort, demanded by regulators and expected by stakeholders who want to ensure their investments are protected. By streamlining the process, the impacts of know-your-customer (KYC) monitoring on corporate bottom lines and productivity can be reduced. Technology has...
NeoXam Partners Xeotech to Provide Unified Data and Technology Solutions
NeoXam has partnered Xeotech, a vendor of data management services, to provide a unified data and technology approach designed to help clients achieve business agility, operational consistency, efficiency, and competitive advantage based on data. Xeotech was established in 2013 to bridge the disconnect between customers, data architects and enterprise solution developers. It provides a range...
Siege FX Launches NetFix, to Improve FX Fixing Workflows
Siege, the capital markets fintech and FX dark pool provider, has launched NetFix, a new service designed to improve workflows and reduce transaction costs around FX fixing times. By providing fully automated and anonymous matching, the new service aims to benefit buy-side and sell-side firms by providing earlier access to liquidity, zero information leakage and...