Data Management Insight Blogs The latest content from across the platform
Australia Sees Groundswell in Demand for LEI Registrations
The year 2019/20 saw a doubling of LEI registrations in Australia, according to APIR Systems, a provider of essential infrastructure for the wealth management industry in Australia, including acting as an official registration agent for the issuance of LEIs. Coming into legal force in Australia on October 1, 2019 after numerous postponements, there has been…
ESMA Affirms Importance of Data-Driven Strategy for EU Digital Finance Initiative
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has submitted a response to the European Commission’s (EC) consultation on a new digital finance strategy for the European Union (EU), in which it reiterates the crucial importance of a data-driven financial services sector. Benefits of digitalisation, according to ESMA, would include increased speed,…
Financial Services Firms Seek to Improve Data Collection in Wake of Coronavirus
Almost half (49%) of financial services firms plan to improve their ability to quickly gather and analyse data moving forward, according to a global survey of 500 financial services C-Suite executives and their direct reports released this week by Broadridge Financial Solutions. The findings come as part of a broader trend towards technology transformation as…
BNY Mellon Launches New Data and Analytics Solutions to Drive Higher Alpha and Cheaper Beta
The Bank of New York Mellon Corporation has adopted three new Data and Analytics Solutions offerings designed to help investment managers better manage their data, improve the success of US-listed fund launches and support the integration of ESG factors into investment portfolios. Data Vault is a cloud-based data and analytics platform that supports the rapid…
GLEIF Deploys Workiva Platform, Expands into North America
The GLEIF Foundation partnered with XBRL International and Workiva in June 2020 to publish its annual report in both human and machine-readable Inline XBRL and HTML format, with GLEIF’s LEI embedded into the financial information. It constitutes only the second official business report globally to automatically link the filing entity to its verified LEI reference…
LexisNexis Risk Solutions Partners with Cabinet Office on Fraud Detection
Global data and analytics provider LexisNexis Risk Solutions has partnered with anti-fraud data management company Synectics Solutions to work with the Cabinet Office on the UK’s National Fraud Initiative (NFI). The NFI is a government-led exercise first launched in 1996 that matches data within and between public and private sector bodies to prevent and detect…
Volker’s Rules: What’s the Current Deal with Exchange Data Fees?
By Volker Lainer, VP Product Management, GoldenSource. Last week, the SEC and the US Justice department dotted the i’s and cross the t’s on an agreement that will lead to greater scrutiny of the fees charged by stock exchanges for market data. The move represents the latest attempt to try and resolve a long running…
SmartStream RDU Launches API to Get Firms Over the SFTR Finish Line
Transaction Lifecycle Management specialist SmartStream has extended its Reference Data Utility (RDU) SFTR service to include a new API targeting firms who need fast access to the technology and data needed need to meet ESMA’s delayed SFTR reporting deadline of July 13. The API gives access to new tools to validate reference data content during…
ITRS Group to Save Firms 35% on Cloud Spend with ‘Right-Sizing’ Solution
While Covid-19 is forcing many firms to make massive cutbacks to staff and resources, the majority are unknowingly wasting around 35% of cloud spend at any one time thanks to a lack of oversight over their increasingly complex cloud estates. This equates to $80 billion of total global cloud spend down the drain every year…
SIX Extends ANNA Contract, Announces Cloud Upgrade
SIX has renewed its contract with the Association of National Numbering Agencies (ANNA) to serve as a co-operator of the ANNA Service Bureau (ASB) through to December 2024, along with CUSIP Global Services. SIX and CUSIP Global Services will jointly facilitate an extensive enhancement to ASB’s existing Portal Tech Infrastructure, resulting in improved communication and…