Data Management Insight Blogs The latest content from across the platform

New Change FX Selects EOSE to Strengthen Distribution of Crypto Data

New Change FX (NCFX), an authorised benchmark calculation agent regulated by the FCA, has expanded its relationship with EOSE to strengthen distribution of its crypto data offering. EOSE, a specialist in commoditising data assets, will provide NCFX with a team of expert data sales and business development professionals, allowing NCFX to concentrate its resources on…

LSEG Selects FINBOURNE Platform to Power Wealth and Investment Solutions Businesses

London Stock Exchange Group (LSEG) has selected FINBOURNE Technology’s LUSID Software-as-as-Service (SaaS) investment data management platform to power its wealth and investment solutions businesses. LUSID will be an element of LSEG’s digital and cloud programme, and will provide a scalable and virtual real-time data repository that can consolidate multi-asset class data across the businesses. LSEG…

Lack of Digital Skills and Maturity Restrict Transformation in Financial Markets

Data management functions in the finance sector, such as data collection, integration, and automation, are constrained by a severe lack of digital skills and maturity, despite leadership awareness of the importance of an effective data strategy. While a lack of skills is widely acknowledged across capital markets, a report from Encompass, a provider of automated…

Etrading Releases Digital Token Identifier Registration Service, Initiates Use of Standards Across Digital Token Asset Class

Etrading Software has started Digital Token Identifier (DTI) registration following go live of the DTI registry in July 2021 and recent publication of the ISO standard for digital assets, ISO 24165. With the standard in place, early work by the registry includes coverage of the top 100 cryptocurrencies by market capitalisation – ultimately, all digital…

Scotiabank Partners Google Cloud to Accelerate Global Data and Analytics Strategy

Scotiabank has made a strategic partnership with Google Cloud to increase the bank’s cloud-first commitment and accelerate its global data and analytics strategy. As a Scotiabank trusted cloud partner for data and analytics, Google Cloud will help create a more personal and predictive banking experience for Scotiabank customers in the Americas and across the globe….

Monetary Authority of Singapore Plans Shared Data Platform to Combat Money Laundering

The Monetary Authority of Singapore (MAS) plans to introduce a digital platform and enabling regulatory framework that will allow financial institutions to share data on customers and transactions with the aim of preventing money laundering, terrorism financing, and proliferation financing – a means of raising, moving or making available financing, funds, assets or other economic…

IHS Markit Connects Corporate Actions Solution to DTCC ISO 20022 Messaging Platform to Improve Process Automation

IHS Markit is aiming to simplify and automate corporate actions by connecting its Corporate Action SaaS solution to DTCC’s ISO 20022 messaging platform. The connection will provide direct delivery of corporate actions ISO 20022 formatted messages from the DTCC platform to the IHS Markit solution, giving DTCC users improved straight through processing for corporate actions….

FCA Publishes Further Plans to Ensure Orderly Wind Down of LIBOR at Year End

The UK Financial Conduct Authority (FCA) has released further arrangements for the orderly wind down of LIBOR at the end of the year. While the sterling, Japanese yen, Swiss franc and euro LIBOR panels will cease on 31 December 2021, the FCA says that to avoid disruption to legacy contracts referencing the 1-, 3- and…

The Increasing Importance of Data Management for Financial Firms of All Sizes

By Keith Bunnell, Global Head of Data Management Services, Bloomberg. Information has always been the lifeblood of the financial industry. A money manager with more data that provides real insights will have an edge over its competitors. That isn’t new. What is new is the amount of data and the types of data that are…

Substantive Research Notes Strength of Start-Ups in Review of ESG Data Providers

Substantive Research, which released an ESG Provider Dashboard back in June with a view to helping asset managers compare different aspects of ESG data providers and draw up shortlists of companies that meet their needs for ESG data and analytics, has published the findings of an independent survey of the evolving ESG data provider marketplace….