Data Management Summit: Guidelines for Effective Data Governance
Data governance is increasingly important in a data management environment driven by regulatory requirements and cost constraints, but to be effective it needs to be underpinned by cultural change across an organisation, supported by active data governance committees and able to ensure ongoing ownership of core datasets. The need for effective data governance to address...
All You Need to Know About Entity Data
We’ve been tracking entity data and issues around its management for a good number of years now. In fact, the topic of Legal Entity Identifiers was one of our hottest for a couple of years. And while the emphasis continues to shift (right now, client onboarding is what it’s all about!), the issue at the...
Data Management Summit: Arguing the Case for Shared Services
The A-Team Group Data Management Summit held in London this week opened with a review of the company’s Regulatory Data Index and a keynote presentation by Nick Murphy, director of consulting at IGATE, on the potential of shared services or utilities for reference data management. Regulatory Data Index The A-Team Regulatory Data Index sponsored by...
State of Wisconsin Investment Board Details its Implementation of Markit EDM
The State of Wisconsin Investment Board (SWIB) plans to make Markit’s enterprise data management (EDM) solution the centrepiece of its new MIDaS data architecture. The architecture requires Markit EDM to support data distribution, quality control and mastering, and is designed to improve processes including the delivery of external data to SWIB and the internal integration...
Datactics Adds Data Quality Manager to FlowDesigner Platform
Datactics has extended its FlowDesigner data quality and matching software with the addition of Data Quality Manager (DQM), a browser-based application that makes the software easier to use and control across a firm with multiple data sources and an existing master data management solution. DQM works with FlowDesigner to support rapid configuration and management of...
iMeta Technologies Integrates Assassin Entity Data Management Platform with Avox Web Services
iMeta Technologies has integrated its Assassin entity data management platform with Avox’s recently released web services to deliver an automated solution for client onboarding and ongoing client data management. Avox introduced web services based on application programming interfaces (APIs) that are designed to provide fast electronic access to its legal entity data early this month....
Opinion: How Machine Learning Solves Client Onboarding, by Adam Devine, WorkFusion
Brute force can’t solve onboarding. Machine learning can. Here’s how. Throwing headcount at the ubiquitous client onboarding problem hasn’t worked. It’s still a mess. Offshoring just sweeps the mess under the rug, and the expression, “misery loves company” is a good way of describing the impact of utility plays. Every onboarding solution on the market...
KAS Bank Implements AIM Software’s Data Management Application
AIM Software has secured a contract to modernise data management at Netherlands-based KAS Bank, a specialist in securities services, risk control and reporting services that administrates over €400 billion in assets on behalf of clients in the pensions and securities industry. The bank was looking for a solution that would allow it to migrate from...
CounterpartyLink Provides LEI Data Hierarchies that Should Meet the Needs of the Global LEI System
CounterpartyLink (CPL) is building out its Legal Entity Identifier (LEI) data on a daily basis and adding hierarchy data to the identifiers. The hierarchy data will help financial firms meet the requirements of the Regulatory Oversight Committee (ROC) of the LEI for hierarchical structures, and is already being used by firms seeking a clearer understanding...
Opinion: Push Me, Pull You
By Neill Vanlint, Global Head of Sales & Services, Goldensource Manual reminders. Consulting external websites. Receiving files overnight. Checking discrepancies. Manually keying in changes. Alerting compliance. Sounds like data management practices from about 20 years ago, right? Not so. While you wouldn’t dream of following this ‘pull’ process with security data, say to check for...