A-Team Infographic Illustrates the Pain Points of MiFID II
Markets in Financial Instruments Directive II (MiFID II) is a game changer for European capital markets and a headache for trading operations and data management functions developing compliance solutions for its exacting requirements. At A-Team Group, we’ve been tracking industry progress on the regulation and with less than three months to go before the compliance...
GDPR will Curb the Digital Wild West, but the Cost will be High
General Data Protection Regulation (GDPR) will curb the digital wild west and improve protection of personal data, but the cost of implementation will be high and now is the time to get started to meet the compliance deadline of May 25, 2018. Taking part in an A-Team Group webinar on the regulation, subject matter experts...
John Randles Leaves CEO Role at Bloomberg PolarLake to Join Start-up
John Randles has left the role of CEO at Bloomberg PolarLake and is on gardening leave until the end of September, after which he will become CEO of a technology start-up. Randles has been replaced by Warren Buckley, chief technology officer (CTO) at Bloomberg PolarLake and founder of PolarLake in 2002. The switch took place...
Guest Blog: GDPR? Keep Calm and Think
By John Stuart-Clarke, Data Protection & e-Privacy Specialist John works at a large UK Insurer and leads a team of product owners tasked with strengthening the data protection control environment in readiness for the GDPR and the ePrivacy Regulation. The risks and potential sanctions that GDPR exposes organisations to are eye-wateringly attention-grabbing. They have triggered...
Bloomberg Entity Exchange Selected by TP ICAP for MiFID II Compliance
TP ICAP’s decision to use the Bloomberg Entity Exchange to help clients of its broking businesses register on new trading venues under Markets in Financial Instruments Directive II (MiFID II) was made after considering several Know your Customer (KYC) solutions and is expected to simplify the repapering process for clients ahead of the January 3,...
The Data Science is The Easy Part!
Lessons learned from a recent business intelligence project By: Marc Alvarez One of the biggest motivations of working in a chief data officer (CDO) role is the opportunity to spend time and thought on applying state-of-the-art business intelligence (BI) to the firm’s own data. Unfortunately, given the pressing need to support regulatory reporting and simply...
EDM Council Data Management Benchmark Highlights Need to Improve Data Quality
The Enterprise Data Management (EDM) Council’s 2017 Data Management Industry Benchmark Summary illustrates the highs and lows of data management across financial services firms. On the upside, firms have made progress in establishing data management programmes and implementing foundational governance. On the downside, data quality issues remain. The Council’s 2017 benchmarking study was carried out...
Privatar Plays into GDPR and plans Product and Geographic Expansion
Privitar plans to invest the $16 million it raised in a recent funding round in accelerating development of existing and new data privacy products, and extending its geographic footprint from Europe to the US and Asia-Pacific. The company was founded in 2014 and is now well placed to help data-driven organisations address data privacy concerns...
Best Practice for MiFID II and FRTB Data Analytics and Risk Modelling
Markets in Financial Instruments Directive II (MiFID II) and the Fundamental Review of the Trading Book (FRTB) raise the bar on data analytics, benchmarks and risk modelling, requiring firms to process huge volumes of data and tackle the challenges of data quality and consistency. For those that succeed, beneficial outcomes include improved transparency that can...
Capgemini Signs up BNY Mellon to Reference Data Utility Platform
Capgemini has signed up BNY Mellon as the second client of its reference data validation utility, according to sources familiar with the arrangement. The deal is an important one for Capgemini – which acquired the utility as part of its $4 billion acquisition of iGate two years ago – as it marks the first commercial...