As mentioned in our special focus supplement of the June edition of Reference Data Review, the EU Savings (Tax) Directive went into effect on July 1, with implications for paying agents on identifying instruments falling under the directive. Data vendors worked with user firms to help by providing tagged data within product modules. FT Interactive Data Europe said it had 30 customers taking its live data on the day of implementation, including Bank Gessellschaft Berlin International, KCB Bank NV Belgium, Northern Trust, and UBS Global Asset Management. Telekurs Financial, meanwhile, reports that over 220 clients signed up to receive the data via its Valordata Feed (VDF), and that they’ve had an encouraging amount of data from over 100 UK fund managers, as well as more in the Channel Islands and Ireland. This is a key factor in identifying and analysing funds falling under the directive but difficult to obtain given the lack of incentive for them to provide this information.
A-Team Insight Blogs
EUSD: Catch Up on Progress
Data democratisation enables users across an organisation to access and analyse data in a digital format. Its benefits are many and include allowing employees to make informed business decisions without recourse to IT, gaining a better understanding of customers, improving operational efficiency, and achieving a greater return on investment in data. It is also key...
Snowflake and Pure Storage Partner to Increase Control of On-Premise Data and Support Journey to Cloud
Snowflake has partnered Pure Storage to develop a solution that will increase data accessibility and control for customers with on-premise data. The solution will use Pure’s FlashBlade high performance unified file and object platform to allow analyses of multiple data sources on the platform with the Snowflake data cloud while keeping data local. A public...
Now in its 7th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...