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

Improving Data Quality to Support Valuations is a Key Focus for Invesco Perpetual, Says Shrubsole

Subscribe to our newsletter

Invesco Perpetual is currently focusing on ensuring data quality standards are being met in order to support the buy side firm’s fair value processes, regulatory compliance and the risk and performance function, explained head of data management Ian Shrubsole. “We want to be able to rationalise and consolidate our operations, but we also need to support all the different end users across the firm in terms of their different data requirements,” he explained to delegates to last week’s FIMA in London.

Shrubsole indicated his wariness of some vendors on the market that see the buy side’s desire for global governance and centralisation as a revenue making opportunity rather than properly meeting firms’ requirements. Vendors and data managers need to bear in mind the different requirements of end users when constructing a solution, for example the importance of the timeliness of data is not the same for each asset class or function (front office trading versus compliance), he said. However, he noted that: “a cross-functional view of data quality is very tricky to achieve.”

Setting in place key performance indicators around such basics as timeliness and accuracy of data could be the first step in tackling this challenge, agreed Shrubsole. The decision to go down the managed services route should also be considered very carefully, he added, as responsibility for data quality can’t be outsourced completely to a third party. “Service level agreements (SLAs) are valuable but they can only go so far,” he said.

This is one key reason why the competence and capabilities of data management staff is so important to the industry going forward. As noted by many speakers at FIMA, attracting and keeping these staff members is not as easy as the industry would like.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Unfashionable ESG Risks Unearthed in RepRisk Supply Chain Report

ESG data can get under the skin of companies – sometimes literally. A European fashion retailer was accused of selling fur products despite repeated appeals and evidence highlighting the mistreatment and unethical slaughter of animals such as foxes, rabbits, and chinchillas. The incident was one of thousands included in a new RepRisk report for its...

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

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...