Data Management Insight Blogs The latest content from across the platform
The Reconciliations Revolution: How COVID-19 is Shining a Light on Outdated Technology
By Mark Bolton, Head of Sales, International, Gresham Technologies. Automation was once embraced wholeheartedly by reconciliation departments as companies leaped at the opportunity to integrate the latest efficiency driving technology to bring about change and improvement. However, in more recent times this has been replaced by a mood of complacency and stagnation, characterised by a…
ISO Standardises Process of Embedding LEIs in Digital Certificates
ISO has defined a standard approach for Certification Authorities to embed Legal Entity Identifiers (LEIs) within digital certificates. The move to simplify LEI integration paves the way for all digital certificates to be linked by a universal identifier to verified and regularly updated entity reference data, in a freely accessible repository, and also can contain the…
The Perils of Inaccurate Data Capture
By Russell Jones, CEO, Fetchify (specialising in SaaS address lookup and data validation solutions). Inaccurate data can be damaging to all aspects of a business. In a 2018 survey, Gartner reported that organisations are negatively impacted by poor quality data, resulting in wasted resources and unnecessary costs to the tune of $15 million annually. Poorly…
The Changing Role of Data Management in the Post-Pandemic Age
By Boyke Baboelal, Strategic Solutions Director, Asset Control. Continuous, and often rapid, change has been a given for organisations across multiple economic sectors since the COVID-19 virus took hold and it looks set to be a key feature of the post-pandemic age, whose key trends are already taking shape. Across the financial services industry, change…
SIX Partners with Xignite for Strategic Cloud Initiative
SIX Financial Information’s announcement last month of a strategic partnership with Xignite marks a significant step-up in the relationship between the two companies and signals SIX’s intention to embrace cloud delivery for its universe of financial information. The arrangement allow clients access to SIX content via Xignite’s API and cloud distribution infrastructure, opening up opportunities…
SimCorp Selects Microsoft Azure for its Move to the Public Cloud
Investment management solutions specialist SimCorp took the next step in its cloud migration this week, with the integration of its investment management platform with Microsoft Azure, the cloud computing platform with which Microsoft is hoping to win its ongoing Infrastructure-as-a-service (Iaas) battle against Amazon AWS and Google Cloud. The rapidly growing Iaas market, estimated by…
AI-Powered Data Extraction from Clearwater Analytics
Clearwater Analytics, a Software-as-a-service (Saas) buy-side data aggregation and portfolio reporting specialist, this week launches a new machine learning-based information extraction service. The data extraction solution focuses on data aggregation and normalization, drilling into transactional data to create a service that automates the ingestion of many types of data which are traditionally manually entered. The…
EDM Council Launches Cloud Data Management Work Group
Data management trade association the EDM Council this week launched the Cloud Data Management Capabilities (CDMC) Best Practices Work Group, with participation from players including Amazon Web Services (AWS), Google Cloud, IBM Cloud, and Microsoft Azure, as well as over 20 prominent financial industry firms. Co-chaired by Morgan Stanley and Refinitiv, project management is provided…
DSB Calls for New Technology Advisors as it Pivots to Address New Data Challenges
The Derivatives Service Bureau (DSB) has had an interesting few years. Founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), in 2019 the group was also designated by the Financial Stability…
FeedStock Joins Red Hat Container Ecosystem
AI-driven data analytics platform Feedstock has completed Red Hat Container certification for its FeedStock Connector and has been published in the Red Hat Ecosystem Catalog. The certification enables FeedStock to use Red Hat’s container registry and deploy Red Hat certified containers in FeedStock’s client environments, enabling frictionless deployment at scale of its automated data management solutions….