Data Management Insight Blogs The latest content from across the platform
Fenergo Continues Expansion with Private Banking Push
Following its expansion into asset management earlier this year, client lifecycle management (CLM) specialist Fenergo is branching out further with the creation of a private banking and wealth management division led by Sales Kinetics founder Steve D’Souza. With plans for an IPO in 2020 and a €100 million revenue target for 2019, the move is…
A-Team Group RegTech Summit NYC: Meet The Speakers
Following the runaway success of A-Team Group’s RegTech Summit in London last month, the New York event rolls into town next Thursday (November 15) with a knock-out line-up of speakers and a showcase presenting innovators offering brand new solutions to help firms meet their regulatory and compliance obligations. Ahead of the event, we caught up…
The Cost of Dirty Data
By Giles Nelson, Chief Technology Officer, Financial Services, MarkLogic The cost of dirty data – data that is inaccurate, incomplete or inconsistent – is enormous. Earlier this year, Gartner reported that, on average, poor quality data cost an organisation $15 million in 2017. These findings were reinforced by MIT Sloan Management Review, which reported that…
How to Transform Data Governance by Redefining and Reskilling the Organisation
By Dennis Slattery, CEO, EDMworks Change is constant and unrelenting, and the causes are many and varied: challenger banks, fintech, regtech, cost pressure, cryptocurrencies, regulation and emerging technologies are just a few examples, with many more on the horizon. Organisations have to deal with change, so how can they do this and what is the…
FCA Argues Case for EU Equivalence Post Brexit
The FCA has updated its progress on Brexit, saying it is on course to be ready for a hard exit from the EU and that it is important for both sides to coordinate to avoid disruption in the event of a no-deal situation. Its preference, however, is a permanent arrangement post Brexit that would allow…
Towards Sustainable MiFID II Compliance
With MiFID II nine months into implementation since go live in Janaury 2018 and the systematic internaliser (SI) regime having become mandatory for all firms within its scope in early September, a panel of regulatory experts at A-Team Group’s recent RegTech Summit in London reviewed how the regulation is playing out and discussed how to…
US AML Requirements Shift Human Capital Focus
A report from Thomson Reuters and the Association of Certified Anti-Money Laundering Specialists (ACAMS) notes that since the launch of US AML requirements for financial institutions in May 2018, firms have shifted human capital focus away from regulatory change management towards more efficient customer due diligence (CDD). According to the 2018 Anti-Money Laundering (AML) Insights…
Benefits and Limitations of Deploying Regtech to Fight Financial Crime
Financial crime is rising exponentially, requiring financial institutions to review and renew client onboarding, Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. A panel discussion at A-Team Group’s recent RegTech Summit in London considered the challenges and inefficiencies of today’s onboarding, KYC and AML solutions and proposed how regtech deployment could improve the situation….
AxiomSL Expands European Presence through SKS Partnership
AxiomSL has partnered Germany’s SKS Unternehmensberatung in a move set to increase its influence in continental Europe. AxiomSL’s regulatory reporting platform is already compliant with both national and international requirements in Germany, and its collaboration with SKS, a provider of regulatory, risk and compliance management systems, is expected to enhance its market position. The firm…
Element22 Brings Data Management, Analytics and Technology Expertise to Europe
Element22 is bringing its data strategy, analytics and execution expertise to Europe with the establishment of a London office and appointment of Mark Davies, formerly CEO of Avox, as lead of the European practice. The company was set up in 2014 in New York City by managing partner Predrag Dizdarevic, and has developed into a…