Data Management Insight Blogs The latest content from across the platform
Broadridge Sets 2019 Targets to Tackle the Challenges Faced by Asset Managers
Asset management will be characterised throughout 2019 by regulatory scrutiny, an ongoing squeeze on fees, and competition that has never been higher. To find out how asset managers are coping post-MiFID II and what strategies they are pursuing, we talked to Eric Bernstein, head of Broadridge Financial Solutions’ asset management business and a champion of…
Derivatives Service Bureau Conducts User Survey on Fee Model
The Derivatives Service Bureau (DSB), which issues International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs) for OTC derivatives, is conducting a user survey, and establishing an Agreement Forum as part of its 2019 industry consultation milestones. The initiatives have been set up to ensure continued industry…
Refinitiv Partners with Liquid Inc for KYC in Japan
Refinitiv has announced a new partnership with Japan’s Liquid, Inc. to streamline the electronic Know Your Customer (eKYC) process for the Japanese market. The agreement will combine the screening capabilities of Refinitiv’s World-Check One solution with Liquid Inc’s biometric authentication service, LIQUID eKYC, to help financial services providers improve their customer on-boarding and transaction capabilities. Liquid, Inc. will incorporate the risk screening…
Danske Bank Implements AIM Data Portal to Centralise and Optimise Reference Data
Danske Bank is implementing AIM Software’s GAIN Data Portal to centrally source, monitor and optimise the bank’s reference data and snapped prices from a leading data provider. Subject to requirements, the bank will broaden data coverage with additional vendors. Danske Bank was looking for a solution that would help it stage and distribute its data…
Apex Group Selects GoldenSource for Centralised Pricing and Reference Data Services
Apex Group, a global fund administrator, has selected GoldenSource to deliver a centralised pricing and reference data service based on the vendor’s enterprise data management (EDM) software-as-a-service (SaaS) solution. The fund administrator delivers a broad range of services to asset managers globally and intends to use GoldenSource’s centralised pricing and reference data service to support…
RapidLEI Adds API to LEI Registration Service that Issues Identifiers in 99 Seconds
Ubisecure, a Helsinki based issuer of Legal Entity Identifiers (LEIs) accredited by the Global LEI Foundation (GLEIF) and provider of the automated RapidLEI registration service that is capable of issuing an LEI in 99 seconds, is extending its capability with the addition of an application programming interface (API). Banks using LEIs in applications and business…
ESMA 2019 Supervision Work Programme Calls for Better Data Quality at Trade Repositories
Data, Brexit and cybersecurity top the agenda of ESMA’s 2019 Supervision Work Programme, with priorities for trade repositories including data quality and access by authorities, IT process and system reliability, business continuity planning, and registrations for Securities Financing Transactions Regulation (SFTR) and Securitisation Regulation (SR). Priorities for credit rating agencies include portfolio risk and quality…
FCA Prepares for No Deal Brexit with UK FIRDS Testing Starting Tomorrow
As the countdown to Brexit continues with no certain outcome, the Financial Conduct Authority (FCA) is preparing for a no deal scenario with a UK Financial Instruments Reference Data System (FIRDS) that will replace the European Securities and Markets Authorities’(ESMA) FIRDS. Testing of the FCA model starts tomorrow, February 21, 2019, with live production data…
Asset Control 2019 Roadmap Advances ACX NoSQL Platform, Adds Data Lineage and Managed Services
Asset Control is gaining traction with the ACX cloud-based data delivery, storage and analytics platform it released late last year to manage increasing data volumes, reduce infrastructure costs, and provide business and technical users access to data exploration. On the sell-side, clients are using the platform for market risk applications including compliance with Fundamental Review…
MiFID II: The True Cost of Research Unbundling – Part One
The implementation of MiFID II in 2018 catalysed a maelstrom of regulatory modifications for financial institutions. One of the biggest changes was the requirement to separate the cost of investment research and corporate access from the cost of trade execution – forcing providers to drastically alter their models in order to comply with the explicit…