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

Put Aside Preconceptions About Technology and Realise Data Aggregation for Risk Analysis Across Silos, Says Sybase’s Williams

Subscribe to our newsletter

In order to be able to fully realise the benefits of the risk analytics technology on the market firms must first put aside their preconceptions about what this technology is capable of, said Adrian Williams, business development director of Sybase, in his keynote speech to the delegates to A-Team Insight Exchange in London this morning. Technology such as that offered by Sybase itself can help firms to overcome the many infrastructure challenges posed by fragmented system architectures without the need to rip and replace, he explained.

Williams elaborated on the numerous regulatory and internal infrastructure challenges that exist in the current market, including pulling information from disparate sources across an organisation. “There can also be many different political owners of that data that may be unwilling to cooperate with each other,” he explained.

He referred to a Global Association of Risk Professionals (GARP) survey conducted earlier this year that highlights some of the main challenges in the risk analysis endeavour. One of the main findings was that firms are facing an “end of day” challenge with regards to receiving relevant risk data, where information is delayed due to the limitations of current systems architecture. However, there is business pressure on firms to conduct risk analysis on an on demand basis or in real time and this is posing a serious problem for those at the coal face.

In order to circumvent this problem, Williams contended that firms should use their finite resources in order to “meet the pressure of now” by investing in technology that is able to bring together fragmented data sets from across the business. “This technology must also be able to deal with the different data formats employed within these systems and increase the speed of delivery of this data,” he added.

He highlighted Sybase’s own technology offering as a potential solution with its ability to harness both real-time and historical data from across a firm’s source systems in order to feed into its risk analytics engine. “This information can then be made relevant to the business by putting the data into context and driving down costs, as well as allowing firms to more efficiently manage their capital,” he explained.

The Sybase solution therefore sits as a layer of technology to intercept this data and take advantage of existing infrastructure and data streams, thus allowing firms to do risk analysis “in flight”. To this end, the vendor is also working with key technology partners, including fellow keynote presenter Panopticon, to allow firms to achieve immediate risk control benefits, concluded Williams.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The roles of cloud and managed services in optimising enterprise data management

Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality data, and delivering improved efficiency, better decisions and competitive advantage? This webinar will answer these questions,...

BLOG

Danish Pension Company Velliv Implements CuriumEDM for ESG Data Management

Velliv, a Danish pension and insurance company, has implemented Curium Data Systems’ enterprise data management solution, CuriumEDM, to manage the processing of its ESG data and ensure it can accommodate expanding regulatory and commercial requirements around ESG datasets. Curium’s initial target at Velliv is to address the ingestion, aggregation, mastering and quality control of ESG...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2018/2019 – Sixth Edition

In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated...