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

EDM Council Adds 12 More Members to Champion the Ref Data Cause

Subscribe to our newsletter

The Enterprise Data Management (EDM) Council added 12 new member institutions to its ranks to help it champion the cause for industry collaboration on data management issues. Michael Atkin, managing director of the not for profit organisation, reckons the new additions demonstrate the rising importance of data management in the market.

The new members comprise: Asset Control, CounterpartyLink, Eaton Vance Managed Investments, Fidelity Investments, Interactive Data Corporation, Invesco, National Australia Bank, NewRiver Investor Communications, LakeFrontData Consulting, PolarLake, Standard Bank & Trust and SIX Telekurs Group.

“As data management becomes both an increasingly important regulatory and business priority, financial institutions are realising the importance of EDM to their operational infrastructure,” Atkin explains. “Market participants are anticipating adjustments in the global regulatory landscape, and will begin embarking on projects to implement standard tags and identifiers to trace, analyse, compare and oversee market operations.”

The EDM Council has indicated that it hopes the new members will also add value to the breadth and depth of its Semantics Repository, which it launched in draft format earlier in the year.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

13 Leading AI-Based Data Management Capability Providers

Institutions are facing huge operational burdens as they ingest huge volumes of data, demand real-time analytics and face stringent regulatory scrutiny. Consequently, the new data landscape is rendering traditional data management systems inadequate for the growing number of use cases to which data is being deployed. This has necessitated a shift towards modern data management...

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

FRTB Special Report

FRTB is one of the most sweeping and transformative pieces of regulation to hit the financial markets in the last two decades. With the deadline confirmed as January 2022, this Special Report provides a detailed insight into exactly what the data requirements are for FRTB in its latest (and final) incarnation, and explores what needs to be done in order to meet these needs on a cost-effective and company-wide basis.