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

Data Management Strategy: The Next Chapter

Subscribe to our newsletter

With regulatory compliance still at the top of the agenda and business demand for meaningful data rising, is your firm’s data management strategy effective? Join next week’s A-Team Group Data Management Summit in New York City to answer the question with the help of Peter Moss, CEO of the SmartStream RDU.

Moss will discuss today’s data management challenges, including rising customer expectations around electronic transactions, the need to implement data mining and artificial intelligence solutions to differentiate your trading business, and the regulatory requirement to provide full visibility into your systems, processes and data. He will also touch on the CEO’s desire for the company to be ‘digital’.

These challenges are, and will continue to be, immense – but they can be met with a strong master data foundation.

So how do you build that foundation? Sourcing data from one vendor will leave you with data gaps and limited commercial leverage. Multiple data vendors can provide better data coverage, but the data will use different standards and formats and you will need to manage the mapping. To manage the mapping, you will probably have implemented an enterprise data management (EDM) solution and the rules you defined will be complex and constantly changing, and there will be many manual exceptions and workarounds. If your EDM solution looks rather like this, it could be holding back your trading business.

Considering the challenges of data management and the problems posed by vendor data and ageing systems, Moss will move the story forward and discuss the potential of the utility model to manage data on your behalf and provide access to accurate, standardised master reference data that can meet the needs of your compliance, risk management and business data users.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Cross-Regulation Data Consistency and Accuracy

Regulatory reporting obligations continue to expand, bringing with them more overlaps of data elements across reporting regimes. As many firms struggle with the accuracy and completeness of individual reporting obligations, regulators have increasingly begun to focus on cross-regulation data consistency in their data validations and examination processes. This webinar will identify cases of data overlap...

BLOG

ANNA Implementation of Revised ISO 6166 ISIN Standard Spotlights LEI, CFI and FISN

The Association of National Numbering Agencies (ANNA) has completed technical implementation of the revised ISO 6166 International Securities Identification Number (ISIN) with a view to bringing further clarity and transparency to the identification and reporting of financial instruments. Following implementation of the technical changes, National Numbering Agencies (NNAs) within ANNA must formally report Legal Entity...

EVENT

TradingTech Briefing New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...