QBE European Operations Selects DataFlux to Improve the Value of its Corporate Information
DataFlux, a provider of data management solutions, today announced that QBE, a business insurance specialist with operations in 18 European markets, has selected DataFlux technology to help it improve the quality of data within its European data warehouse and to enhance its data migration process for systems consolidation. QBE will use DataFlux technology to standardise,...
PaceMetrics Boosts Product Management Team with Appointment of Principal Consultant
PaceMetrics, a global provider of process-driven enterprise data management and process monitoring solutions, today announced that Patrick James “PJ” O’Kane has been appointed as principal consultant. With a strong background in pricing and risk management in banking, O’Kane will be responsible for expanding the PaceMetrics product suite. As part of this he will focus on...
Investec’s Gatfield, HSBC’s Hamilton and RBS’ Gibbons Agree on the Benefits of a Centralised Data Management Hub
A unified back office system with a centralised data management hub allows for the obvious benefits of global consistency of data, a reduction in operational costs (apart from the initial outlay) and the ability to meet risk management requirements, agreed panellists at SunGard’s City Day in London last week. Trevor Gatfield, head of securities operations...
UK’s CRC Deadline is Thursday 30 September, 2,598 Registered Thus Far
This week sees the deadline for UK public and private sector organisations required to register their businesses under the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) roll around and 2,598 have signed up thus far, according to yesterday’s figures from the UK Environment Agency. Firms have until 30 September (Thursday) to register for the new...
Ex-Reuters Head Bannocks Joins Nomura International as MD in Charge of Ref Data Programmes
After six years at Thomson Reuters, most recently as head of post trade services, Christopher Bannocks has left the vendor to join Japanese firm Nomura’s UK-based Nomura International team as managing director in charge of reference data programmes. Prior to his exit, Bannocks moved from the Enterprise division to the front office focused Sales and...
Netik InterView Implemented at Aberdeen Asset Management
Netik, the global financial data management and reporting vendor, is pleased to announce that Aberdeen Asset Management (Aberdeen) has successfully implemented Netik InterView and Netik Information Portal to deliver a global enterprise wide view for reporting on their outsourced accounting and internal data. The Netik InterView solution consolidates global data – transactions and valuations –...
SimCorp’s Schröter Elaborates on Decision to Partner with Aim Software for Data Heavy Lifting
SimCorp’s recently announced decision to partner with data management solution provider Aim Software was based on the desire to better support its clients’ requirements around golden copy record production, explains Marc Schröter, SimCorp’s senior vice president and head of strategic research. Up until now, the vendor has left its clients to deal with the process of...
Data Management is in its Awkward Teenage Years, Says EDM Council’s Atkin
Data management has progressed beyond its infancy and is now well into its awkward teenage years, where the industry is standing at the point of delivery, moving from planning to execution, according to Mike Atkin, managing director of data management industry group the EDM Council. As part of its recent industry benchmarking exercise, which involved...
Global Benchmarking Survey by EDM Council and Headstrong Reinforces Importance of EDM for Regulatory Compliance
The Enterprise Data Management (EDM) Council and Headstrong, an IT consulting company for financial services, today announced results of their 2010 industry benchmarking survey on the current state of data management among global financial institutions. Sponsored by Headstrong and with analysis completed by the EDM Council, the survey demonstrates the rising importance of EDM as...
Data Quality Takes Priority Over Speed in the Risk Management Challenge, Says Mizuho’s Tweddle
Speaking at this week’s A-Team Insight Exchange conference in London, Mizuho International’s risk management chief operating officer Simon Tweddle explained to delegates that although timeliness of data is becoming much more important from a risk management perspective, this must not come at the cost of data quality. “When talking about this area, one must recognise...