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 Reconvenes To Review Research

Subscribe to our newsletter

After a seemingly long period of silence, the Enterprise Data Management (EDM) Council reconvened to discuss progress in a meeting held by its new Executive Advisory Board (EAB). Still in the ‘research’ phase, the group has come to some conclusions on potential initiatives to focus on, and hopefully will now progress to the ‘action’ phase.

Among the topics discussed by the 20 members of the EAB – including HSBC, New York Life and Nordea – were the long acknowledged need for ROI and data quality measurements as a result of implementing enterprise data management and an understanding of how and where data issues fit into the new organizational hierarchy.

It also believes there is value in best practices across areas such as centralisation strategy, technology migration, understanding data dependencies, defining and meeting service level objectives, data stewardship and operating model maturity. And the group believes there is a “significant desire to address external infrastructure issues related to data vendors (both data manufacturing and commercial strategy), regulation (particularly electronic reporting requirements) and standards (for both precise identification and automated messaging)”.
“We will continue to consult with our Executive Advisory Board to evaluate our recommendations and guide our activities as we make the shift from research to action,” says Mike Atkin, managing director of the EDM Council. “Our main external goal is to define and specify the underlying requirements to help our members leverage data resources as a strategic asset.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Being Prepared for Tomorrow Requires an Advanced Data Architecture Today

By Don Huff, Global Head of Client Services and Operations, Bloomberg and Maureen Gallagher, Head of Enterprise Reference Data, Bloomberg. Data has quickly become the hottest commodity in the financial sector: trading and investment teams are laser-focused on accessing the best, newest data to get an edge on the competition. While this arms race for...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...