About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

China’s CITIC Securities Selects NeoXam DataHub for Master Data Management

Subscribe to our newsletter

CITIC Securities, one of the largest securities companies in China, has selected NeoXam DataHub to deliver a master data management (MDM) project covering all its asset classes, business entities and corporate actions.

The solution will be used to collect, clean and process data from Bloomberg, Refinitiv, Wind, Caihui, Juyuan and other data sources, and generate high-quality enterprise-level golden copy data to ensure a single point of truth for all reference data within CITIC Securities.

The relationship between NeoXam and CITIC Securities goes back to 2011 with the deployment of the valuation accounting solution NeoXam GP3, which was renewed in 2016 and 2021. DataHub replaces an existing vendor data management system. Tim Versteeg, managing director APAC at NeoXam, says: “NeoXam Datahub will help CITIC Securities reduce the cost and risk of data operations and maintenance.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

As Finance Sector Workers Embrace AI, Study Warns ‘Be Careful What You Wish For’

The potential real-world impacts of hastily deployed artificial intelligence rollouts have been highlighted in new reports that underscore the need for better-quality data and greater literacy in the technology. Financial firms that don’t invest in creating greater workforce awareness of how AI tools can be used are at risk not only of failing to optimise...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Corporate Actions

Corporate actions has been a popular topic of discussion over the last few months, with the DTCC’s plans for XBRL and ISO interoperability, as well as the launch of Swift’s new self-testing service for corporate actions messaging, STaQS, among others. However, it has not been a good start to the year for many of the...