PRIIPs Compliance Deadline Postponed to January 2018
The European Commission has postponed the application date of Packaged Retail and Insurance based Investment Products (PRIIPs) regulation by a year, moving the date to 1 January 2018 and aligning compliance with that of Markets in Financial Instruments II (MiFID II). The Commission’s decision to postpone PRIIPs and the creation of associated Key Information Documents...
LumRisk Scales with Markit EDM Managed Service
LumRisk, a Geneva based risk aggregating service provider, has gone live with the managed service version of Markit EDM. The enterprise data management solution improves LumRisk’s hedge fund and alternative risk premia (ARP) platform, allowing data analysis and risk monitoring services to be scaled up. LumRisk considered several enterprise data management solutions before selecting Markit...
Expert Guidance on How Best to Implement a Market Data Inventory Platform
Market data inventory platforms are becoming essential to financial institutions’ ability to manage market data costs, and for some firms costs such as index licensing, research, and publications and subscriptions – but how best can firms select and implement market data inventory platforms, and what benefits can be gained? These questions and more were answered...
Best Practice Approaches to the Data Management Challenges of MiFID II
The data management challenges of Markets in Financial Instruments Directive II (MiFID II) are dominated by sourcing required data and managing multiple identifiers, but despite these difficulties, financial institutions expect to gain significant operational and business benefits from compliance. Meeting the data management challenges of MiFID II was the subject of an A-Team Group webinar...
DMR Receives Mixed Response on ANNA Derivatives Service Bureau Article
Our recent item on the Association of National Numbering Agencies’ (ANNA) proposed Derivatives Service Bureau (DSB) has sparked a mixed set of reactions from the marketplace. The DMR article suggested questions about the operation of the DSB, which will allocate ISINs for OTC derivatives. Unsurprisingly, interested parties had widely divergent views on the DMR article....
Best Practice Approaches to Identifying and Managing Securities Related to Sanctioned Entities
Managing data to comply with ever-changing economic sanctions is often a problem, but the problem becomes more complex for financial institutions that must monitor and manage not only country, company and individual sanctions, but also securities related to these entities. Addressing the problem, A-Team Group is planning a webinar that will consider best practice approaches...
Governance And Privacy Are Getting Married
By Dennis Slattery, CEO of EDMworks Announcement! The governance community is getting married to the privacy community. But how do we make sure the marriage is long and happy? The challenges are many and the General Data Protection Regulation (GDPR) is one example of a flood of privacy/trust laws that will impact the couple. The...
Asset Control CEO Mark Hepsworth Sets Out Plans for the Company
Two months into his role as CEO of Asset Control, we caught up with Mark Hepsworth to find out more about his plans for the company and its clients, including a proactive approach to developing specific products to meet client needs, offering a more standards-based platform, and strengthening the company with new hires across technology,...
Open Source Symbology and Data are Gaining Traction Based on Real Benefits
Open source identifiers are becoming more mainstream, with many financial institutions adopting them to reduce the complexity of managing multiple identifiers, decrease costs and increase efficiency. The challenges and opportunities of open source symbology and data were discussed during a recent A-Team Group webinar hosted by A-Team editor Sarah Underwood and joined by Richard Robinson,...
Data Lineage and Traceability: Using Data to Improve your Data
By Brian Sentance, CEO of Xenomorph Enterprise Data Management (EDM) is, to state the obvious, a data-centric process (the clue is in the name!). But while financial institutions have placed evermore emphasis on ensuring the accuracy of their reference and market data, the need to maintain clearer insights into EDM systems and processes has also...