Data Management Insight Blogs The latest content from across the platform
UK’s Debut SDR Rules Raise Data Management Concern
The UK’s newly implemented sustainability disclosure requirements (SDR) have placed additional data management burdens on financial institutions that operate in the UK. The country’s first such framework, created by the Financial Conduct Authority (FCA), is aimed at preventing greenwashing and fostering trust in British sustainability markets. It’s designed to protect the interests of investors by…
The New Frontier of Outsourced Data Management: S&P Global Market Intelligence Report
Digitalisation has taken financial institutions along a prosperous path of better understanding, management and utilisation of the data that their activities generate. But technological evolution and the changed economic environment have placed a new set of challenges onto their shoulders. Institutions are now grappling with how they can take their digital programme further, especially given…
Better Data, Better Business: Combat Identity-Related Fraud with the LEI
By Clare Rowley, Head of Business Operations at the Global Legal Entity Identifier Foundation (GLEIF). The global economy is wrestling with never-before-seen levels of identity-related fraud. Cybercrime costs in the US reached an estimated $320 billion as of 2023, according to Statista. Between 2017 and 2023, this figure has seen a significant increase of over…
Webinar Preview: ESG Data Management Challenge of New Sourcing Landscape
Financial institutions face a new set of ESG data management challenges even though data sourcing has become easier as the sustainability sector has matured. While more data is available to firms, thanks to a combination of new reporting regulations and standardisation of disclosure frameworks, the increasing variety of information needed and the volumes in which…
Summit Key Note Speakers Highlight Growing use of AI in Data Management
The application of artificial intelligence (AI) to data management processes has developed apace within the sustainability space as a necessity to help institutions make better use of the growing volumes of ESG information they need. From helping to pull data from unstructured sources, such as reports and other written documents, to cross-referencing and matching disparate…
J.P. Morgan Adds Containerised Data for Institutional Investors to Fusion Data Mesh
J.P. Morgan has added Containerized Data for institutional investors to its Fusion data mesh. The solution normalises data across multiple providers, sources, types and structures and provides consistent and enriched data across business services. Fusion is a cloud-native data technology platform that provides data management, analytics and reporting, and is built on J.P. Morgan’s global…
The CSRD – Governance, Workflow, Data and Technology Impacts for 2024
In the rapidly evolving world of corporate governance, environmental, social and governance (ESG) criteria have emerged as a cornerstone of responsible business practice. With stakeholders increasingly demanding transparency and accountability, the need for robust ESG reporting continues to grow. Enter the Corporate Sustainability Reporting Directive (CSRD), the ambitious regulatory framework aimed at standardising sustainability reporting…
Snowflake Reaches Agreement to Acquire TruEra AI Observability Platform
Snowflake has reached a definitive agreement to acquire Redwood City, California-based TruEra and its AI observability platform. The acquisition is expected to bring large language model (LLM) and machine learning (ML) observability to the company’s AI data cloud, helping users demonstrate that AI is both trustworthy and high performing. Snowflake has been investing in GenAI…
As Sustainability Data Sector Matures Challenges Remain: ESG Summit London Review
The ESG data sourcing challenge facing financial institutions has largely abated, but data quality remains an issue that even artificial intelligence (AI) can’t yet remedy. That was one of the key messages from the opening presentation at A-Team Group’s third annual ESG Data and Tech Summit London, in which Nirav Shah, senior executive director, quant…
Meeting the New Challenges of ESG Data and Tech
The ESG space is evolving rapidly, and for three years A-Team Group’s ESG Insight has been tracking its transformation. Now it’s time for us to evolve too. From next week, we will continue to provide our sustainability data and tech blogs, news and views through our core brands – Data Management Insight, RegTech Insight and TradingTech Insight. It’s a bold move…