Data Management Insight Blogs The latest content from across the platform
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…
Index Data Figures Highly in EU Probe of LSE’s Refinitiv Acquisition
The European Commission has launched an investigation into Refinitiv’s proposed acquisition by the London Stock Exchange under the EU Merger Regulation. High among the EU’s main preliminary concerns are fears that Refinitiv’s strengths in providing data feeds and other inputs into index providers’ calculations could put competitors at a disadvantage have emerged as a key…
Santander Selects ThetaRay’s AML Solution to Boost Data Lineage Capabilities
Banco Santander has joined forces with ThetaRay, a provider of AI-based big data analytics, to utilise its AML solution for correspondent banking. The rules-free solution uses machine learning algorithms to identify anomalies in SWIFT and KYC data that point to money laundering, enabling early resolution. The system will analyse the bank’s SWIFT traffic, risk indicators…
Fenergo Launches New Client Lifecycle Management Solution
Digital transformation specialist Fenergo has streamlined its existing client lifecycle management (CLM) solution to make it more accessible for mid-tier and boutique businesses. Fen-Xcelerate, powered by Amazon Web Services (AWS) is a lower cost, cloud-based version of the firm’s flagship CLM product. Integrated with partners including Salesforce, Refinitiv’s World-Check One, RDC, and DocuSign, the solution also supports integration with…
Nebula Graph Database Raises $8 Million in Series Pre-A Funding
VEsoft, the developer of the open-source Nebula Graph database, this week successfully closed $8 million in a series pre-A funding round led by Redpoint China Ventures and supported by existing angel investor Matrix Partners China. The funding will be used for additional product development and to bring Nebula Graph to market in North America, Europe,…
Goldman Sachs Invests in Data Security with $50m jSonar Stake
Database security platform jSonar has closed a $50 million investment from Goldman Sachs in its first institutional round of funding. The firm focuses on managing database risk, which has historically been plagued by high costs and output, often limited to a basic set of compliance reports. With the adoption of the cloud and the dynamic landscape of…
FIS Launches New Data Analytics Platform for Wealth Managers
Florida-based Fortune 500 FinTech firm FIS Global has launched a new platform to provide wealth managers with data and insights, helping them to automate key manual processes and utilise data analytics to meet customer requirements. FIS Unity uses APIs to provide an integrated, 360 degree view of assets across multiple providers, with the addition of…