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

Former Reference Data Exec Van Lunteren Exits RBS, Unlikely to be the Last

Subscribe to our newsletter

After three years as head of common reference data for Royal Bank of Scotland (RBS) and, prior to its acquisition, ABN Amro in the Netherlands, Martijn van Lunteren has exited the building. As noted by Reference Data Review earlier this month, RBS has made no secret of its plans to cut around 3,500 back office jobs over the next few months, so van Lunteren is unlikely to be the last data management executive to vacate the premises.

Van Lunteren is now touting his services as an independent contractor for project management, consultancy and analyst roles.

From 2007 until this month, van Lunteren was business owner for the group-wide Common Reference Data department, which transitioned from ABN Amro into RBS in 2008. The department is a centralised function within the group responsible for the sourcing, maintenance and distribution of common reference data and, in particular, supporting the firm’s Basel II reporting globally.

As noted by former colleague and head of reference data at RBS Mark Davies, a centralised department such as this is not the norm in the market, as most other companies have centralised data management systems at a divisional level. A significant initiative is also continuing within RBS to improve the overall quality of its reference data as part of its One Risk project.

During his time at ABN Amro and RBS, van Lunteren was responsible for the management and budgeting for the business team, overseeing the offshored operations team in ACES India and had functional responsibility for the technology team including its outsourced partner.

Within RBS a golden source was created for calendar data that is retrieved from an external supplier covering currency/bank, trading and settlement data. Van Lunteren acted as the responsible project manager for the successful design and deployment of the service and its roll out to more than 40 applications across RBS.

He started his career at ABN Amro back in 2000 as team manager for group billing.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

How GenAI Is Reshaping Surveillance and Screening: Practical Takeaways for Compliance Leaders

The rapid expansion of Generative AI across financial institutions is often described in terms of technological capability, model performance, and data scale. But for compliance leaders, the more meaningful shift is organisational and operational. The recent A-Team Group webinar on GenAI and LLM case studies for surveillance, screening and scanning brought this into sharp focus....

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

ESG Data Handbook 2022

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...