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

The Data Management Response to a Volatile Regulatory Landscape

Subscribe to our newsletter

The data management response to a regulatory landscape that is volatile and uncertain should be strategic, agile and future proof. It should also consider technology options including cloud, machine learning and blockchain.

The need for a strategic approach to regulation at a time when US President Trump intends to repeal some financial legislation and the UK starts the process of leaving the European Union, was discussed during a panel session at last week’s A-Team Group Data Management Summit in London. The panel was moderated by regulatory financial specialist Selwyn Blair-Ford and joined by James Phillips, global head of regulatory strategy at Lombard Risk; Peter O’Keefe, an independent data management expert; Brian Sentance, CEO at Xenomorph; and Alessandro Sanos, market development manager, risk and enterprise Europe, at Thomson Reuters.

The speakers agreed that the response to today’s regulatory landscape must be a strategic and agile approach that reengineers existing systems and data silos to deliver data management infrastructure that is responsive to change, and takes a holistic rather than one-off view of regulations. Phillips commented: “As regulators drive towards more granular reporting, the need will be for a unified data model that includes good quality data and is always on and ready for reporting.”

O’Keefe favoured standards as a response to the regulatory burden, saying: “We are becoming victims of prescriptive regulations, which means getting to common standards would make sense.” He also noted the considerable time it takes to purchase and implement regtech solutions, suggesting the creation of a common infrastructure and collective investment in systems would strip away the barriers to entry, particularly the long time to purchase, for regtech start-ups.

Turning to the question of which regulations will have the biggest impact on data management going forward, Sentance said the Fundamental Review of the Trading Book (FRTB), O’Keefe named General Data Protection Regulation (GDPR), and Phillips noted AnaCredit.

If you would like to find out how US firms are tackling regulatory challenges in uncertain times, join A-Team’s New York City Data Management Summit on 4th April, where a panel moderated by independent consultant David Blaszkowsky, and joined by Tim Lind, principal at RTech Advisors; Roger Fahy, vice president and chief operating officer at CUSIP Global Services; and Mike Smith, head of data strategy, governance and privacy at Citi USCCM, will discuss the data management response to regulation.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

A First for RegTech: Corlytics Achieves ISO 42001 Certification for AI Governance

Dublin-based Corlytics has become the first RegTech company to achieve ISO/IEC 42001 certification, positioning the firm among a select group of global technology companies certified to stringent international standards for AI governance. ISO 42001 aligns closely with evolving regulatory frameworks such as the EU AI Act and the UK National AI Strategy. The standard includes...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...