Data Management Insight Blogs The latest content from across the platform
An Update on the LEI – Where Are we Now?
There are mixed views in our industry about the success of the Legal Entity Identifier (LEI) – questions about lapsed identifiers, comments on a slow rate of adoption, and calls for more regulatory mandates requiring use of the LEI. There are also some tremendous successes in countries such as India, which is not a member…
ASG Releases Enterprise Orchestrator
ASG Technologies has released Enterprise Orchestrator, a solution delivering cross-technology stack orchestration of enterprise value streams. Spanning everything from mainframes to cloud, the orchestrator provides workload automation and value stream visibility using a centralised console and dashboard. It is also designed to meet client interest in DevOps solutions and is the first of a number…
Fenergo Partners Refinitiv for World-Check One KYC Data
Fenergo has connected its client lifecycle management (CLM) solution to Refinitiv’s World-Check One Know Your Customer (KYC) data through an application programme interface (API) integration. The partnership will enable financial institutions to streamline their KYC verification processes and anti-money laundering (AML) screening, and identify risk more efficiently. According to a recent Fenergo survey, 81% of…
How to Meet the Data Rules and Requirements of Fundamental Review of the Trading Book Regulation
Implementation of Fundamental Review of the Trading Book (FRTB) regulation is complex, demanding and time consuming, but can be achieved by setting priorities, working with external data vendors, and taking best practice approaches to the data management challenges presented by the regulation. A well-attended A-Team Group briefing hosted at the Glaziers Hall in London, Meeting…
Fenergo Research Finds Lack of Strategic Data Management in Client Onboarding
Fenergo has published the final instalment of its three-part Client Lifecycle Management Trends Report – Disrupt the Disrupters. Headline statistics show 33% of the C-suite banking executives surveyed for the report have not invested in any technology to improve client onboarding, despite 99% agreeing that underinvestment in technology directly impacts onboarding and retention. Only 15%…
Derivatives Service Bureau Calls for Industry Input to 2019 Consultation
The Derivatives Service Bureau (DSB) has opened its 2019 consultation with a focus on getting industry feedback on operations such as data submission enhancements, services such as data flow rationalisation, technical issues including infrastructure and workflows, and legal aspects including the fee survey and user agreement forum. The consultation is seeking responses from both direct…
IHS Markit Builds on Counterparty Manager to Deliver Onboarding Accelerator
IHS Markit has built out its Counterparty Manager service to deliver Onboarding Accelerator, a solution designed to help banks and other service providers open accounts with institutional clients more quickly and ultimately in one day. The accelerator’s technology is based on the company’s Counterparty Manager service that is used by 12,000 buyside customers and over…
Fenergo Builds National KYC Utility with Bahrain’s Electronic Network for Financial Transactions
The Kingdom of Bahrain has set out to improve financial institutions’ client onboarding and minimise fraud through a partnership with Fenergo. Bahrain’s Electronic Network for Financial Transactions (BENEFIT) is working with the vendor to design and implement a national Know Your Customer (KYC) utility that incorporates blockchain technology. The utility platform will support sectors including…
Annaly Capital Management Implements CuriumEDM to Drive Efficiency and Transparency
Annaly Capital Management, a New York based diversified capital manager, has implemented Curium Data System’s enterprise data management (EDM) solution as part of a multi-phased technology initiative designed to drive operational efficiencies and promote transparency across the company’s platform. Don Choe, chief technology officer at Annaly, says the firm evaluated numerous master data management products…
Refinitiv Puts Data and Compute in the Cloud to Deliver PRIIPs Compliance Service
Refinitiv is building out cloud capability by providing a menu of data and services that breaks down its traditional product outlook. Clients can select the capabilities and content they need, compute is performed in the cloud, and longer term, cloud is expected to unlock some of the costs of platforms, people and processes. An example…