Fenergo Enhances Client Lifecycle Management with Data Integration Manager
Fenergo has enhanced its client lifecycle management solution with the addition of Data Integration Manager, a rules-based data interface designed to ease the problems of using multiple data sources for applications such as client onboarding, Know Your Customer (KYC) and Anti-Money Laundering (AML). The company has integrated three DTCC data services used for these kinds...
From Bitcoin to Back Office 2.0 – A Quick Intro to Block Chain Technology
By Pete Harris, Principal, Lighthouse Partners “Nothing much more than a fancy kind of database,” is how Blythe Masters described block chains, a technology that underpins the bitcoin crypto currency, but which has applications as diverse as proving ownership of intellectual property to acting as the processing glue between devices in the Internet of Things....
A-Team Webinar Discusses BCBS 239 Compliance Ahead of January Deadline
The journey towards BCBS 239 compliance continues with global systemically important banks expected to be able to satisfy supervisors when the regulation comes into effect on January 1st 2016. Other banks that are not yet within the scope of the regulation are also making progress, considering how they will comply with the 14 principles of...
Consorzio Operativo MPS Plans Implementation of GoldenSource Customers and Counterparties Solution
Consorzio Operativo MPS, the technology arm of Banca Monte Dei Paschi di Siena, the world’s oldest bank and flagship of the MPS Group, has selected the GoldenSource Customers and Counterparties data management solution to create, maintain and publish a standardised reference data repository for the group’s counterparty data. The technology operation is already rolling out...
Feature: Sizing the Problem and Finding Solutions for Risk Data Aggregation
Risk data aggregation became a hot topic after the financial crash in 2008, when it became clear that banks did not have the necessary risk information readily available to understand their exposures to counterparties and inform regulators of their positions. Senior managers were making poor decisions based on poor data and supervisory regulators failed to...
Talking Data Management with Andrew Delaney: It’s Data Management, Jim, but Not as We Know It
Markit’s decision to use Livingstone’s software asset management (SAM) services, announced last week, is the company’s first visible deal in our space since Dan Simpson, former head of CADIS Software, left his company’s acquirer to become Livingstone’s CEO some 10 months ago. Because it’s Markit, we at Data Management Review find the deal interesting. But...
A-Team Webinar Considers Collaborative Solutions for Client Onboarding
Collaborative industry solutions for client onboarding and Know Your Customer (KYC) processes promise banks significant benefits in terms of reduced cost and increased efficiency, but the practical implementation of these types of solutions is equally challenging in an environment where banks are at different stages of process automation and manage both similar and different customer...
Thomson Reuters Details Build Out of Org ID Managed Service for KYC
Thomson Reuters is building out its Org ID Know Your Customer (KYC) managed service – winner of this year’s A-Team Award for Best KYC & Client On-Boarding Solution – with the addition of nearly 2,000 entity records a month, plans for geographic expansion, and expectations of signing an additional six deals for the service in...
Cattolica Assicurazioni Implements GoldenSource Solution to Support Solvency II Compliance
Italian asset manager Cattolica Assicurazioni is implementing GoldenSource’s Market Data Solution as part of a Solvency II project that aims to meet the regulation’s January 1st 2016 compliance deadline. The asset manager selected the GoldenSource solution ahead of other contenders for the project on the basis of is completeness, ease of use by non-technical staff,...
Alacra Plans Q1 2016 Release of Full-Scale Resolve Service
Alacra is piloting a full-scale version of its Resolve matching and cross-referencing service for publicly available entity identifiers, following the introduction of an entry level version of the service back in August. While the entry level version of Resolve allows searches of close to 5 million legal entities in the Alacra Legal Entity Directory on...