A-Team Insight Author: A-Team
GLEIF and Open Ownership Collaborate on Beneficial Ownership Data to Fight Financial Crime
The Global LEI Foundation (GLEIF) and Open Ownership, provider of a beneficial ownership database funded by donors including government agencies, have collaborated to integrate Legal Entity Identifiers (LEIs) into Open Ownership datasets produced in line with the Beneficial Ownership Data Standard (BODS), an open standard providing guidance on collecting, sharing and using high-quality data on...
Wilshire Indexes Selects Alveo Data-as-a-Service for Corporate Actions Data Management
Wilshire Indexes, provider of a global benchmark platform that helps institutional investors, asset managers and retail intermediaries solve benchmarking, portfolio construction, and risk management challenges, has selected Alveo’s Data-as-a-Service (DaaS) solution for corporate actions data management. The Alveo solution sources, cross-references, compares and validates corporate actions from multiple data vendors. In case of discrepancies, the...
Endoxa Consortium Partners with Droit for Innovative Position Reporting Utility
Following its $23 million Series B investment earlier this year, Droit, the technology firm specialising in computational law and regulation, has been chosen by the Endoxa Consortium, a new collaboration of five major global banks, to develop a position reporting and shareholder disclosure utility. The consortium, which includes Barclays, BNP Paribas, Goldman Sachs, HSBC, and...
SmartStream Names Akber Jaffer as CEO
SmartStream Technologies has named Akber Jaffer as CEO. He replaces Haytham Kaddoura, who held the post for over seven years and now becomes an advisor and board director at the company. Jaffer has several years of experience working with start-ups and scaling software and technology businesses, and most recently spent a year as a freelance...
Automation Adds Efficiency to Corporate Actions Processing, But is Not a Sole Solution
Corporate actions processing is challenging, raises prospects of financial and reputational risk, and can be extremely time consuming. Getting it right is key to financial institutions and their clients, so how can these challenges be overcome? Is automation the solution or are there also more nuanced approaches that will help firms achieve not only accurate...
Post-trade AI Insights Must be Built on Solid Data Foundations – Not Quicksand
By Marion Leslie, head of Financial Information, SIX Group. When you strip away the hysteria surrounding artificial intelligence (AI), what remains are numbers. Some of these tell a captivating story of relentless AI demand. For instance, computer chip developer Nvidia this year added $220bn to its market capitalisation in only an hour after reporting earnings...
Webinar Review: Net-Zero Goals Face Data Challenge but Offer Hope
Decarbonising the atmosphere is the most ambitious target that’s been set to limit rising global temperatures to within the levels set by the Paris climate agreement. But putting in train the processes that can achieve that target is proving difficult. The financial system will be key to finding the resources to bring that change. But...
Meet Patch, a pioneer of data packages designed to ease migration between cloud databases
Migrating applications and datasets from one cloud data warehouse to another can be a challenge – how can you keep apps running effectively during the migration, and avoid the time and cost of ETL projects and rebuilds? And how can you ensure data schema security, data quality, and the business benefits of accelerated migration? Meet...
ICE Data Services Rolls Out Hybrid Wireless/Fibre Solution, Offering Ultra-Low Latency Market Data Between US and Europe
ICE Data Services is to offer an ultra-low latency data service between markets in the US and Europe, including connections into London, Frankfurt, and Bergamo. The new offering expected to be among the fastest commercially available market data services between CME and Europe. Designed to minimise latency, the new service will utilise a combination of...
Overbond Introduces AI-Driven Smart Order Routing System for Credit Trading
Following the recent introduction of its bid-ask liquidity scoring model, Overbond, the API-based fixed income trading automation and execution service, has launched a Smart Order Router (SOR) for credit trading. Credit traders on both the buy-side and sell-side often grapple with assessing a bond’s liquidity before executing a trade, information that is vital for determining...