GoldenSource Combines RiskHub and EDM to Deliver FRTB Solution
GoldenSource has combined its RiskHub risk data management and analytics capabilities with its enterprise data management (EDM) software to deliver a solution for Fundamental Review of the Trading Book (FRTB) regulation that comes into force in January 2019. The GoldenSource solution will be available to banks from January 2017 and supports both the standard and...
The Challenges and Opportunities of Data Lineage
Data lineage is driven by regulation and impeded by technology complexity and poor understanding, although once these impediments are tackled, successful implementation can yield significant business and operational benefits. The challenges and opportunities of establishing a sustainable solution for data lineage were discussed during a recent A-Team Group webinar that was hosted by A-Team editor...
So you want to be a CDO
By: Dominique Vande Langerijt, a consultant at Synechron Congratulations! You are looking to join the exclusive club of Chief Data Officers (CDO), one of the most important jobs in an industry where data is everywhere. Glory and fortune await you… well they might be awaiting you… but let’s first try to figure out what it...
Don’t Forget the Internal Data Controls When You Outsource
By Andrew Sexton, Director of Curium Data Systems Asset managers and other financial services companies outsource many business functions across the enterprise to service providers, which enables them to focus on their core competencies such as product development and investment performance. The data management component supporting those functions is often included in the outsourcing arrangement....
Shareholder Disclosure Requires Investment to Tackle Increasing Complexity
Shareholder disclosure remains a problem for financial firms, with many needing to invest in software and workflow tools to improve their processes. The increasingly complex issues of disclosure were discussed during an A-Team Group webinar that considered whether firms are on top of this regulatory challenge. A poll of the webinar audience set the scene...
Data Management Summit Discusses How Best to Set up and Develop Data Governance
Data governance was a hot topic at A-Team Group’s Data Management Summit (DMS) in New York City with Sanjay Saxena, head of enterprise data governance at Northern Trust, presenting best practices for setting up data governance, a panel discussing how to evolve data governance, and many more questions being asked and comments being made on...
How Financial Firms Can Close the Data Integration Gap
By Sourav Moitra, a director of technology at Sapient Global Markets Driven by the need for faster access to data, along with consolidated data views across multiple platforms with greater consistency and transparency, financial firms are realising they must change their data integration process to gain efficiency and solve business needs. The financial industry is...
Best Practice Approaches to Economic Sanctions and Related Securities
Economic sanctions can pose difficult data management and compliance problems, particularly at the securities level, but automated services that identify and manage securities related to sanctions can help firms improve compliance and avoid penalties for breaches. The challenges of effective sanctions data monitoring, as well as the opportunities of getting this right, were discussed during...
A-Team Webinar Addresses Rising Requirement for Accurate Shareholding Disclosure
Shareholding disclosure requirements are moving up the data management agenda at financial institutions as regulators increase their focus on systemic risk. A-Team will discuss the challenges of accurate shareholding disclosure during a webinar next Tuesday and present the results of a recent industry survey focused on how financial institutions are addressing shareholding disclosure obligations. The...
Thomson Reuters Lays Off Staff as Reorganisation Cuts 2,000 Jobs
Thomson Reuters is cutting 2,000 jobs as part of a reorganisation that kicked in this week with staff layoffs. Thomson Reuters announced the job cuts, 4% of its workforce of about 48,000 people globally, as it reported a slight dip in third quarter profit and flat revenue. The cuts will be made across 39 countries...