Data Management Insight Blogs The latest content from across the platform
Why Managed Services Can be the Way Forward in Financial Data Management
By Martijn Groot, Vice President Marketing and Strategy, Asset Control. Data management has long been one of the most difficult and challenging problems facing financial services businesses. Across the sector, change is a given and the resulting data management requirements are a moving target. The latter needs are driven by an increased focus on the…
DTCC Solves FRTB Risk Factor Modellability Problems with Pooled Data Solution
DTCC’s release of a beta version of its FRTB Real Price Observations Data Service provides a pooled data solution designed to help banks within the scope of Fundamental Review of the Trading Book (FRTB) analyse risk factors in line with the regulation’s Risk Factor Eligibility Test (RFET), and review price observation data to understand whether…
Contractual Rights Management: It’s Time to Take Control of Data Usage
Contractual rights management has become a hot topic in financial information and market data circles following a number of public instances involving high-profile financial institutions breaching licensing agreements with data vendors – and paying the price with both significant financial penalties and damaged reputations. Also known as digital rights management, contractual rights management refers to…
Data Quality and Automation for Client Onboarding Remain in Critical Condition
Failing to get client onboarding right can cost firms eyewatering financial fines, reputational damage and long-term client avoidance. These are not new threats for traditional banks, which also face increasing competition from challenger banks, so why have they not sorted out how to get onboarding right? Webinar Recording: Client onboarding – how developments in tech…
Western Asset Management Replaces In-house Built Apps with IHS Markit EDM
Western Asset Management Company, a $450 billion global fixed income asset manager based in Pasadena, California, has selected IHS Markit’s Enterprise Data Management (EDM) solution delivered as a managed service. Western Asset will use EDM to master core datasets including securities, prices, benchmarks and counterparties. Kevin Brennan, head of investment operations at Western Asset, says:…
AFME Proposes 14 Recommendations to Advance Adoption of Public Cloud Computing in Capital Markets
The Association for Financial Markets in Europe (AFME) has published a paper setting out 14 recommendations to help realise the full potential of public cloud computing across the capital markets industry. The recommendations for banks, cloud providers, regulators, and the industry as a whole aim to increase the transparency and collaboration required to build further…
SimCorp Partners deltaconX to Deliver SFTR Reporting Solution
SimCorp is seeking to solve the data management issues of Securities Financing Transactions Regulation (SFTR) reporting with a cloud-based solution developed in partnership with regulatory compliance specialist deltaconX. The SFTR offering is included in SimCorp’s latest software release and provides transaction reporting through the deltaconX regulatory platform. With the first wave of SFTR reporting requirements…
NeoXam Eases CACEIS Reporting Burden with Regulatory Edition of Impress Digital Reporting Solution
NeoXam has signed up the asset servicing banking group of Crédit Agricole, CACEIS, as the first user of the third edition of its Impress investment reporting solution, Regulatory Edition. The solution supports digital production of quarterly, semi-annual and annual reports. It is based on NeoXam’s buy-side DataHub and uses the functionality of the data repository…
GAM Implements Indus Valley Partners Solutions to Create Digital-First Data Management Model
GAM, an independent asset manager managing over $136 billion in assets for institutions, financial intermediaries and private investors, has implemented Indus Valley Partners (IVP) solutions to simplify its data architecture through automation and set up a digital-first data management model designed to give the firm enhanced operational flexibility coupled to greater control. The firm selected…
If Automated Data Lineage is the End Game, What is the Best Way to Get There?
Data lineage is key to regulatory compliance and business development, yet it remains a significant challenge for many firms as they lack an understanding of their data. Other barriers to implementation include having too much data – a problem that can, ironically, be solved by data lineage, internal culture, lack of management buy-in, and budget…