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 Swells Ranks at Second Meeting

Subscribe to our newsletter

The Enterprise Data Management (EDM) Council attracted a number of new members at its second meeting, held earlier this month. New members include ABN Amro, Barclays Capital, HSBC, M&G and Nomura, and bring the total membership to 39, representing 25 user firms and 12 members from the five founding vendor sponsors: Cicada, BearingPoint, GoldenSource, IBM and SunGard.

Key areas discussed at the most recent meeting included the importance of accurate customer and counterparty data and challenges to standardizing data management processes across the firm. A survey conducted at the meeting found that 90% of members consider EDM implementation and organization best practices among the top three priorities for their organization in 2006. Two working groups will present their initial research on these topics at the next meeting.

The goal of EDM is to standardize and integrate reference and transaction data in the categories of securities, customers, counterparties, transactions and positions.

The council promotes EDM and related standards while providing assistance on data management issues to its members.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Transforming Data Experiences in Quantitative Research and Trading

For quantitative researchers and quant trading teams at banking and capital markets firms, the ability to access, integrate, and share data is critical. Data and how teams collaborate with data underpins the ability to generate alpha, perform execution analyses, and provide a modern and differentiated client experience. However, for most banks, legacy technology stacks and...

BLOG

Solidatus Offers Attribute Lineage for IBM z/OS Mainframes

Solidatus has added attribute lineage for IBM z/OS mainframes, enabling users to automatically map mainframe metadata into Solidatus and create active blueprints from which they can derive actionable insights, de-risk operations, access visualisation, and plan for changes such as migrating to the cloud. ā€œIā€™m hugely excited by this initiative to automate the process of visualising...

EVENT

Data Management Summit New York City

Now in its 12th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...