Talking Reference Data with Reference Data: Maximising Utility
It comes as no surprise at all that the managed services panel at our Data Management Summit in London next week is the most oversubscribed. Everyone wants to be on it. That reflects the mood in London that I’ve picked up on in recent months. The concept of outsourcing data management to a third party...
Russia’s National Settlement Depository Selects GoldenSource for Corporate Actions Solution
GoldenSource has secured a contract with Russia’s National Settlement Depository (NSD), which will use the vendor’s enterprise data management (EDM) platform for the distribution of automated corporate actions data across the Commonwealth of Independent States (CIS). The contract was signed last week and the parties expect to have initial elements of the system up and...
Experts Debate the Data Management Issues of Fatca
Financial institutions in the scope of the US Foreign Account Tax Compliance Act (Fatca) need to start work on compliance immediately, if they have not already done so, as deadlines are looming, the data management task is onerous and penalties for non-compliance are severe. This call for action was made in an A-Team Group webinar...
Eagle Taps In-Memory VoltDB For Performance Measurement
BNY Mellon unit Eagle Investment Systems has selected and will resell in-memory database technology from VoltDB. Eagle will leverage the VoltDB database to underpin real-time analytics and decision support functionality initially for its performance measurement offering. VoltDB is an ACID-compliant relational database offering a SQL interface and Java stored procedures, designed to support high velocity...
DST Global Solutions Upgrades Anova to Improve Compliance Process
DST Global Solutions has included additional dashboards and upgraded reporting functionality in release 3.0 of its Anova post-trade data management solution. The aim of the release is to improve the ability of users to aggregate and access investment data quickly and accurately for regulatory compliance purposes. The release also allows key compliance metrics to be...
Talking Reference Data with Andrew Delaney: Ready for Primetime
Oh, the sacrifices we make for our audiences…. My family – mostly my daughter – will testify that I have put on a few pounds over the summer. I put this down to the fact that I’ve spent the past few months scouring the world – well, the City – for talent and ideas for...
Fiserv Fatca Solution Augments Existing Financial Crime Risk Management Platform
Fiserv has added a compliance solution for the Foreign Account Tax Compliance Act (Fatca) to its Financial Crime Risk Management platform and named one of its development partners, Manulife Insurance, a global provider of life insurance and wealth management, as its first user. Called Fatca Manager, the Fiserv solution leans on the detection, workflow and...
Thomson Reuters Extends Entity Risk Solution with Countries of Risks Data
Thomson Reuters has extended its Entity Risk data solution with a Countries of Risks strand that uses an algorithm developed by StarMine, the company’s entity and fundamentals data, and GDP data from the International Monetary Fund to measure the exposure of a firm to multiple countries. The data service is available immediately as part of...
Financial Stability Board Sets up Study on Trade Repository Data Aggregation
The Financial Stability Board (FSB) has set up a feasibility study to consider how OTC derivatives data reported to trade repositories can be aggregated and shared among authorities monitoring risks to financial stability. The options for data aggregation being investigated by the study include a centralised model, a logically centralised model based on federated data...
Swift Starts to Populate BIC to LEI Directory with GEI and CICI Pre-Legal Entity Identifiers
Swift has met customer demand for Business Identifier Code (BIC) to Legal Entity Identifier (LEI) mapping with a BIC to LEI directory for users of its SwiftRef payments data platform and BIC to LEI mapping in a handful of its existing products. The company says it has mapped 4,800 BICs to pre-LEIs – over time...