New York Data Management Summit: The Challenges and Opportunities of Client Onboarding
The data management challenges of Know Your Customer (KYC) and client onboarding have been discussed for a couple of years, but as hefty fines are imposed for non-compliance and the struggle to reduce operational costs continues, financial institutions are reconsidering their approach and beginning to implement managed and shared service solutions. The challenges and opportunities...
New York Data Management Summit: Data Governance for Improved Data Quality
Regulatory requirements and internal needs for improved data quality are pushing data governance up the agenda at many financial institutions. In response, data governance policies are being implemented and firms are considering tools and techniques that could support and sustain better data quality. Approaches to data governance were discussed at A-Team Group’s recent New York...
EDM Council Plans January Release of Version 1.0 of its Data Management Capability Model
The Enterprise Data Management (EDM) Council will release version 1.0 of its Data Management Capability Model (DCAM) on January 15, 2015. The model defines the scope of capabilities needed to establish, enable and sustain a mature data management discipline, including strategy, organisational structure, technology architecture and operational best practices. The council’s DCAM model builds on...
Regulatory DataCorp Builds Up Risk and Compliance Business in Europe
Regulatory DataCorp (RDC), a provider of governance, risk and compliance solutions, has built up its European business to include over 50 global banking institutions, insurance firms, corporates and financial technology providers since it established a London office in May 2014. Set up in 2002 in the US by 20 leading financial institutions, RDC provides industries...
A-Team Webinar Considers the Practicalities of Implementing the LEI
The Legal Entity Identifier (LEI) has come a long way since it was introduced to financial markets by the Financial Stability Board back in June 2012, but it is far from becoming a primary entity identifier and needs further development to fulfill its initial purpose of providing a means to monitor systemic risk. The extent...
Opinion: How Many ‘R’s Are There in Financial Services Regulation?
By Alex Foster, Global Head of Strategy & Business Development – BT Financial Technology Services Throughout history, the letter ‘R’ has represented a succession of important codes of conduct. We have the famous ‘three ‘R’s of education’: reading, writing, and arithmetic, which can be traced back as early as 401 AD from Saint Augustine’s The...
AIM Software Automates Data Prep for Quant Modelling with Gain Quant DB
AIM Software has secured an initial three customers for it Gain Quant DB application that was originally designed to help its first customer automate data preparation for quant modelling. This customer, a large asset manager, is in production with the solution, while the second will be in production in the first quarter of next year...
SS&C Plans to Enhance Acquired DST Global products Anova and HiPortfolio
SS&C Technologies’ acquisition of DST Global Solutions adds the latter’s Anova and HiPortfolio products to the SS&C portfolio. The Anova data management and analytics platform provides a new market dimension for SS&C and complements the company’s Sylvan performance and performance attribution solution. The HiPortfolio investment and fund accounting platform joins the Portia and Pacer solutions...
A-Team Webinar Details the Data Management Implications of Solvency II
Solvency II presents major data management challenges for insurance firms, asset managers, their custodians and fund administrators, but compliance can provide opportunities to optimise portfolios, reduce capital holdings and build data architectures that can satisfy not only Solvency II, but also other incoming regulations. The data management implications of Solvency II were discussed recently during...
Goldman Sachs’ Deployment of the Kensho Platform Signals Growing Maturity of Big Data Analytics
Goldman Sachs’ deployment of Kensho’s big data analytics and its investment in the company reflect growing commercial availability of big data analytics solutions and their use in financial services firms to automate analysts’ tasks and support better and faster decision making based on structured and unstructured big data. Kensho, a start-up out of MIT and...