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: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

Why your Technology Spend isn’t Delivering the Productivity you Expected

By Gareth Evans, Chief Product Officer, FINBOURNE. An uncomfortable truth: technology spend in asset management has surged 8.9% annually over the past five years across North America and Europe. But productivity? Flat. Cost as a share of assets under management (AUM)? No improvement. Operational expenses in other functions? Despite the promises that technology would create...

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

The Global LEI System – Slow but Sure

After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...