Data Management Insight Blogs The latest content from across the platform
Don’t Put All Your Compliance Eggs in the MiFID II Basket
By: Roy Kirby, Senior Product Manager at SIX When major regulatory deadlines loom large, there’s an inevitable tendency for the financial industry to scramble for minimum viable compliance. In layman’s terms, this means doing whatever it takes, regardless of the expense, just to keep the prying eye of the regulator away. Ring any recent bells?…
Silwood Offers Safyr Metadata Discovery Software to Support GDPR Compliance
Silwood Technology, provider of Safyr metadata discovery software, has turned its attention to how firms running vendor application packages can meet the May 25, 2018 compliance deadline for General Data Protections Regulation (GDPR). The company has researched five large and widely used application packages – SAP, JD Edwards, Microsoft Dynamics AX 2012, Siebel and Oracle…
CFTC and FCA Collaborate on Fintech Development for Regulatory Best Practice
The US Commodity Futures Trading Commission (CFTC) and the UK Financial Conduct Authority (FCA) have agreed to collaborate and support innovative firms through their respective fintech initiatives, LabCFTC and FCA Innovate. The so-called Cooperation Arrangement on Financial Technology Innovation (FinTech Arrangement) supports both regulators’ efforts to facilitate responsible fintech innovation and ensure international collaboration on…
The True Costs and Impacts of Alternative Data Integration
By: Lauren Kline, Vice President of Content and Technology Solutions, FactSet With the rapid adoption of alternative data, the costs to asset managers are not just for the data itself, but also for the cost of implementing the data and hiring the talent to capitalise on it. Financial firms have always relied on a vast…
Thomson Reuters Adds Holistic Risk Management Solution to Connected Risk
Thomson Reuters has extended its Connected Risk platform to include a commercialised risk management solution designed to help customers develop more holistic, effective risk management programmes aligned with their risk methodology and business strategy. Thomson Reuters Risk Management is the latest solution added to Connected Risk. It assembles diverse types of risk and delivers a…
IHS Markit Expands KY3P Platform with Financial Crimes Screening
IHS Markit has added financial crimes screening to the due diligence tools on its KY3P vendor risk management platform. The screening solution allows users to detect whether their vendors may have breached standards governing anti-bribery and corruption, anti-money laundering, sanctions and export controls. Financial crimes screening data is sourced through Regulatory Data Corp’s (RDC) Global…
XBRL International Calls for Candidates to Join Board of Directors
In case you missed the call first time around, XBRL International is looking for candidates with a commitment to improving reporting for its volunteer board of directors. XBRL International aims to improve the accountability and transparency of business performance through the provision of open data exchange standards and is recruiting board members to help manage…
Deutsche Bank Releases Waltz Open Source Software
Deutsche Bank continues to fulfil its commitment to open source software with the release of code designed to help organisations gather information about their IT estate from multiple sources. The ultimate use case for the solution, called Waltz, is smarter decisions on technology investment. The Waltz code is accessible via the GitHub platform and can…
CMO-as-a-Service: Helping Time-Poor FinTechs Get Their Message Heard
By Simon Barnby, Founder, MediaBond In today’s fast paced, cost-conscious world, marketing often gets overlooked–and yet for small and growing firms in particular, it is a vital activity that needs to be done. And needs to be done well. New FinTech firms, for example, are often trying to establish themselves on the global stage and…
Swift and GLEIF Fulfil Plans to Deliver BIC-to-LEI Relationship File
The Global Legal Entity Identifier Foundation (GLEIF) has published the first monthly relationship file that matches a Business Identifier Code (BIC) assigned to an organisation against its Legal Entity Identifier (LEI). The file allows market participants to link and cross-reference these key entity identifiers free of charge, streamlining entity verification processes and reducing data management…