Siperian Launches New Solution to Help Financial Services Companies Operationalise Customer Centricity
Siperian, a provider of a multi-domain master data management (MDM) platform, today announced the availability of its Extended Customer View Solution for financial services companies. The company’s latest solution offers a flexible and scalable approach that enables financial services companies to operationalise customer centricity while increasing business agility and speed. Siperian’s Extended Customer View presents...
SmartCo Teams up with CounterpartyLink for New Entity Data Solution
Given the intense focus on counterparty risk in the post-Lehman world, it is no surprise that various members of the vendor community are teaming together to tackle the entity data space. One such partnership has resulted in the integration of EDM vendor SmartCo’s DataHub solution with CounterpartyLink’s issuer, client and counterparty data. James Redfern, head...
EDM Council Publishes its Naughty and Nice List for 2010: Some Possible Points of Contention?
There can be no doubt that systemic risk is ‘in’ for 2010; regulators will make sure it’s a key focus for financial institutions via key legislation such as that around concentration risk. But has the concept of a reference data utility really replaced the idea of managed data services? A few vendors may disagree with...
CEBS Publishes Concentration Risk Guidelines: Data Management Systems to be Thrown into Spotlight
In line with planned risk related deliverables, the Committee of European Banking Supervisors (CEBS) has published another consultation paper, this time on the management of concentration risk under the supervisory review process. The paper is available for comment until 31 March next year and is aimed at providing market participants with a holistic approach to...
SmartCo Partners with CounterpartyLink and Delivers New Entity Data Connector
SmartCo, a data management software company which specialises in the financial sector, and CounterpartyLink, a specialist information provider in the research, maintenance and distribution of global issuer, client and counterparty data for compliance and risk management purposes, have announced the integration of CounterpartyLink data into SmartCo DataHub. CounterpartyLink’s legal entity data is used globally by...
Quantifi Releases Paper Addressing Evolution of Counterparty Credit Risk Management
Quantifi, a provider of analytics and risk management solutions to the global credit markets, released today a white paper titled “The Evolution of Counterparty Credit Risk – An Insider’s View,” co-authored by David Kelly, Quantifi’s director of Credit Product Development, and Jon Gregory, author of “Counterparty Credit Risk: The New Challenge for Global Financial Markets.”...
Swift Provides Rules for BIC Usage and Launches Awareness Campaign
As stated during Reference Data Review’s exclusive interview with Paolo Bernini, head of information products at Swift, last week, the industry owned cooperative has published a Bank Identifier Code (BIC) policy document to detail the rules for registration and usage of the codes. Swift has also launched a new awareness and information gathering campaign to...
Swift’s Bernini Discusses Work Around Entity Identification and ECB’s Utility Proposals
Swift may have been rather cautious about its place in the business entity identification (BEI) space over recent years, but this is set to change, explains Paolo Bernini, head of information products at the industry owned cooperative. The financial messaging network provider is also not ruling out a possible future role in the European Central...
Fed’s Tarullo Highlights Data Management Considerations of Living Wills
The regulatory community has been abuzz with the notion of living wills, or firm specific resolution plans, for most of this year, but most have not considered the data management responsibilities inherent in the process. Daniel Tarullo, member of the board of governors of the US Federal Reserve System, addressed this issue and highlighted the...
A Reference Data Review Reader Speaks Out About ECB’s Utility Proposals
The latter part of the FIMA 2009 conference in London this week was dominated by discussions among the delegation about reference data standardisation and the European Central Bank’s (ECB) proposals regarding a data utility. A number of Reference Data Review readers talked to us about their perspectives on how the utility idea could be harnessed...