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

LakeFrontData Consulting Adds EDM Capability Assessments and Managed Data Service Vendor Evaluations Services

Subscribe to our newsletter

Following the launch of its jobs website last week, LakeFrontData Consulting has added two new data management consulting services to its consultancy services offering. The firm has created enterprise data management (EDM) capability assessments and managed data service vendor evaluations, which it says are aimed at providing clients with a holistic view of their requirements.

According to LakeFrontData, the EDM capability assessments examine a client’s data initiatives and projects, thus producing a rating, a gap analysis and a roadmap to achieve the planned future state that meets business needs for reference and pricing data. The approach includes design and implementation of data management technology, data architecture, data model, data quality, operations, infrastructure and supporting governance, says the firm. Marc Odho, managing director and partner at the firm, explains the rationale: “In the end, our overarching goal is to help clients develop a holistic solution, encompassing technology, content, processes, governance and quality, that best meets the needs of their business.” The evaluation of managed data services vendors is based on a similar approach: looking at the services provided relative to a client’s needs. It is aimed at supporting a client’s decision making process based on client criteria and comparative alternative solution analysis, says the firm. Rob Ord, director and partner at LakeFrontData Consulting reckons firms contemplating using managed data service solutions often need help in determining which commercial offerings, if any, suit their data management needs best. “Whether it is security master reference, historical time series or research data sourcing, management and distribution, it is imperative to understand where a vendor’s strengths lie,” he adds.

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

Arcesium Aquata Update Deploys AI to Give ‘Purpose’ to Extracted Data

Giving structure to unstructured data has become indispensable to private market investors, who must deal with what must feel, to the much of rest of the digitised financial world, like relics from antiquity – PDFs, spreadsheets, emails and even paper documents. But the question that hangs over many solutions is what next? What happens to that data...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...