A-Team Insight Author: sharon
Climate Risk Climbs Up Executives Worry List but Data Gaps Remain a Challenge
Financial services firms and corporates are increasingly incorporating climate risk into their risk management frameworks, but a lack of data is hampering the process. A survey by Bloomberg found that almost nine in 10 senior executives polled said they had begun aligning their risk management processes with climate change. Nevertheless, only 5 per cent of the people questioned...
Good Governance the Best Foundation for a Strong ESG Strategy, Webinar Told
Data is essential for financial institutions seeking to demonstrate to investors, customers and regulators that they are behaving sustainably. But that can’t happen until the data is properly managed and governed, a panel of experts told an A-Team ESG Insight webinar. While there are challenges to getting that right, it’s essential that firms pay special attention to...
Back to Basics – The Fundamental Approach for Digitising Capital Markets
By Scott Eaton, CEO, Nivaura. News cycles in capital markets are fixated on the automation of the fixed-income market. The focus is almost exclusively focused on the secondary market as major market participants are both evolving their own offering while simultaneously swatting off the competitors that are kicking the evolution into high-gear. AI, machine-learning, smart-data,...
Britain’s Innovative Aim to be a Leader in Digital Securities, Not Just Crypto
Charlie Berman, Co Founder and CEO of agora. The British government announced last month the UK’s intention to become a global hub for cryptocurrency by seizing on what it sees as a historic opportunity. A senior civil servant said it means an intention to ‘learn quickly’ and ‘harness the potential of blockchain’. As John Glenn,...
A-Team Innovation Briefing Discusses Data Mesh, Transition to Cloud, Use of AI
A-Team Group’s Innovation Briefing series got off to a great start in London last week with an event dedicated to innovation in cloud. The briefing included practitioner interviews, provided insight into how to modernise data infrastructure, and reviewed technologies driving change. The case for data mesh Kicking off the briefing, and raising several delegate questions,...
FSB Explores Potential of Adding LEIs to Cross-Border Payments
The Financial Stability Board (FSB) is encouraging greater adoption of the Legal Entity Identifier (LEI) in a report exploring its potential in cross-border payments. No implementation mandates are suggested, although the report does identify how the LEI could be a useful addition to payment transactions. The LEI is currently mandated for use in OTC derivatives...
Sumitomo Mitsui Trust Asset Management Adopts Bloomberg Rule Builder for FX and Fixed Income
Sumitomo Mitsui Trust Asset Management, one of the largest asset managers in Japan and Asia, with AUM of JPY 87.0667 trillion, has adopted Bloomberg Rule Builder, a multi-asset, rules-based trade automation tool, to enhance the efficiency and productivity of trading services for FX and fixed income trading. The firm will utilise Rule Builder through Bloomberg’s...
Novatus Gets £4 Million Investment from Maven Capital Partners
Novatus Advisory, whose RegTech division provides tools for regulatory reporting, has received a £4 million investment from Maven Capital Partners, a venture capital company. The company plans to use the funds to expand its team of technical advisors and boost its sales and marketing resources. London-based Novatus provides specialised advice to financial services firms to...
ID-Pal Secures €7 Million in Series A funding Round
Dublin-based identity verification provider ID-Pal has raised €7 million (£6 million) in a Series A funding round to fuel its expansion into international markets. ID-Pal offers global identity verification coverage of more than 6,000 identity documents and 200 verified address data sources to enterprise clients and SMEs across 200 countries and jurisdictions. The funding will...
Fenergo Brings KYC Processes to the aid of ESG Reporting
Fenergo has released a software-as-a-service regulatory and risk product designed to bring smaller businesses within the reach of ESG reporting frameworks, potentially closing gaps in supply chain sustainability data. Two years in the making, the Dublin-based company’s latest product will provide its financial clients with the infrastructure to gather and compile sustainability data in a...