Data Management Insight Blogs The latest content from across the platform
Asset Managers Let Down by Ineffective Data Management Systems
Asset managers already challenged by regulatory compliance and ongoing pressure on fees are being let down by data management and processes that are not very effective at supporting business and operational decision making. According to recent research commissioned by Asset Control, more than two thirds (69%) of asset managers claim their systems are not very…
Broadridge Details Mutualisation Strategy and A,B,C,D Solutions Building Blocks
Broadridge Financial Solutions is addressing the complexity of financial markets and burden of regulation with a mutualisation strategy that builds products once for many clients and includes core A,B,C,D building blocks – artificial intelligence (AI), blockchain, cloud and digitalisation. To find out more about the company’s approach, we talked to Samir Pandiri, president of Broadridge…
How Machine Learning is Changing Data Management and Investment Processes for Active Managers
By Martijn Groot, Vice President of Marketing and Strategy, Asset Control. Artificial Intelligence (AI) and machine learning techniques are finding their way into financial services. Ranging from operational efficiencies to more effective detection of fraud and money laundering, firms are embracing techniques that find patterns, learn from them, and can subsequently act on signals coming…
A-Team Group Names Winners of 2019 Data Management Insight Awards
A-Team Group has announced the winners of its 2019 Data Management Insight Awards. The annual awards, now in their seventh year, are designed to recognise leading providers of data management solutions, services and consultancy to capital markets participants. See the full list of winners here. The awards were hosted by Andrew Delaney, chief content officer…
Siren Sets Plans for Investigative Intelligence Platform Following $10 Million Funding
Siren will invest in the development of its investigative intelligence platform and its geographic reach following receipt of $10 million in Series A funding. John Randles, CEO at the Galway, Ireland based company, says the focus will be on the platform’s ease of use, integration and sources of data that can be managed. Siren’s geographic…
The Potential of Privacy-Enhancing Technology to Improve Data Quality
Privacy-enhancing technology (PET) is emerging as a way for financial services firms to share and compare confidential data without compromising competitiveness or data privacy compliance. An early example is an industry initiative that uses advanced information security techniques and looks set to enable European and US financial services firms to improve the quality of their…
Broadridge Partners Tookitaki to Deliver AI Based Data Reconciliation Platform
Responding to the ongoing industry challenge of data reconciliation, Broadridge Financial Solutions has released Data Control Intelligent Automation, an artificial intelligence (AI) and machine learning (ML) platform built for deployment across reconciliation, matching and exception management applications. The solution has been developed with Singapore-based Tookitaki, a provider of AI and ML technology. The platform will…
ANNA Updates on ISIN-to-LEI Service Noting Opt In of US NNA CUSIP Global Services
The Association of National Numbering Agencies (ANNA) has provided an update on the service it provides with the Global Legal Entity Identifier Foundation (GLEIF) to link International Securities Identification Numbers (ISINs) with Legal Entity Identifiers (LEIs). ISIN-to-LEI relationship files were initially released on the GLEIF website in April 2019. They received a positive industry response,…
Datactics’ Addition of AI to Entity Data Resolution Delivers Significant Time Savings
Datactics has added an artificial intelligence (AI) server to its technology stack and is working on use cases that could save industry participants tens or even hundreds of hours spent on manual reviews of entity data matching processes. The company announced its intent to set up a dedicated AI Team led by Fiona Browne, previously…
Broadridge Extends Asset Management Platform with Acquisition of ClearStructure
Broadridge Financial Solutions’ acquisition of ClearStructure Financial Technology, a global provider of portfolio management solutions for private debt markets, will extend the company’s cross-asset asset management platform and is expected to attract new clients. Broadridge’s Software-as-a-Service (SaaS) technology already supports more than 550 hedge funds, traditional asset managers and fund administrators with a front-to-back, multi-asset…