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

IHS Markit Adds Data Dictionary for EDM Platform

Subscribe to our newsletter

IHS Markit has released a data dictionary designed to help business users gain greater visibility of their data. The Data Dictionary has a web-based interface that allows users to see what data is available within their organisation, and a portal that includes data governance metadata covering how the data is defined, where it has come from, who owns it, and who has altered it.

The Data Dictionary is delivered as a software-as-a-service (SaaS) solution and initially complements the IHS Markit enterprise data management (EDM) platform, although the vendor plans to launch a future version with flexibility to accommodate other EDM solutions. It uses metadata that already exists in the EDM platform, ensuring a quick deployment for existing clients. A business glossary mapping feature supports the onboarding of data sources from systems outside the EDM, creating a view of the entire data estate across an organisation. Out-of-the-box, customisable fields and definitions will be made available to expedite time to market.

“There is increasing understanding of the value of data as a source of business and operational alpha. However, many organisations have been unable to realise the full value of this asset because they do not have a clear understanding of their data estate,” says Jamie Penniman, global head of EDM at IHS Markit. “With the launch of Data Dictionary, we are providing a business focused solution to this challenge, and by delivering the Data Dictionary as an SaaS solution, we are maximising the ease of use and other benefits for our clients in the financial services sector.”

The Data Dictionary is built on the Amazon Web Services (AWS) cloud, allowing users to scale up and down as business demands change. Its SaaS deployment is expected to provide reduced total cost of ownership as no hardware or software is needed, and cloud and other costs are mutualised as part of the multi-tenancy model. New features will be pushed out on a single code base to all clients, eliminating the need for each client to undertake upgrades, and a low-code / no-code approach will enable business users to define their own data dictionaries.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: In data we trust – How to ensure high quality data to power AI

Artificial intelligence is increasingly powering financial institutions’ processes and workflows, encompassing all parts of the enterprise from front-office to the back-office. As organisations seek to gain a competitive edge, they are trialling the technology in variety of ways to streamline and empower multiple use cases. Some are further than others along the path to achieving...

BLOG

APAC Data Management Leaders Revealed in Inaugural A-Team Insight Awards Introduction

A-Team Group is pleased to announce the winners of the inaugural Capital Markets Technology APAC Awards 2025. These awards celebrate the technology providers and financial institutions at the forefront of innovation across the Asia Pacific region. Coinciding with the announcement, we have also launched our comprehensive annual report, “The State of Capital Markets Technology in...

EVENT

RegTech Summit New York

Now in its 9th 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.

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...