Data Management Insight Blogs The latest content from across the platform
MiFID II Review Shows Slow Progress and Ongoing Reporting Challenges
With the compliance deadline for Markets in Financial Instruments Directive II (MiFID II) just six months away, we called on some industry experts to share their views on how implementation is going, the toughest challenges of the regulation, and which workflows need to be prioritised to hit the 3 January 2018 deadline date. Among the…
General Data Protection Regulation – The Time to Implement is Now
General Data Protection Regulation (GDPR) is broad, rigorous and challenging – and its compliance deadline is just 12 months away. So, how are organisations responding to the regulation, what progress are they making on implementation and what steps can they take to ensure compliance within the 12-month timeframe. These questions and more were answered in…
FRTB Data Management Challenges Call for an Immediate Start on Implementation
The compliance deadline of Fundamental Review of the Trading Book (FRTB) regulation may be 18 months away, but the data management challenges it presents suggest firms should start implementation early to deal with the details. Among the most pressing challenges are souring required market data, ensuring data accuracy, accessing data in a timely way and…
Opus Resolve API Searches Multiple Entity Databases in Real Time
Opus, parent of Alacra, has introduced Resolve API, an application programming interface designed to help firms search multiple entity databases in real time and speed up the integration of entity reference data with businesses processes. A couple of early adopter banks are using the solution to maintain a single and accurate view of client records…
Get Ready for the Revolutionary Requirements of the CAT
The US Consolidated Audit Trail (CAT) is a broad, detailed and revolutionary regulation mandated by the Securities and Exchange Commission (SEC) and due to come into force in 2018. Its data requirement surpasses that of its predecessor, the Order Audit Trail System (OATS), and presents challenges around the reporting of correct customer and account data….
Diarmuid O’Donovan Steps up to the Plate at Rimes
Diarmuid O’Donovan, ex chief data officer at Legal & General Investment Management (LGIM), has returned to the capital markets industry as chief operating officer at Rimes Technologies. O’Donovan left LGIM early this year and joins Rimes to support the company’s buy-side managed data services. At LGIM, O’Donovan was responsible for delivering an enterprise-wide information management…
RegTek Delivers Tactical Software to Support Strategic Approaches to Regulation
RegTek Solutions, a subsidiary of Risk Focus formed early this year, has introduced EMIR-Ready, a regulatory readiness testing and validation service designed to help firms within the scope of European Market Infrastructure Regulation (EMIR) comply with changes to the regulation’s Regulatory Technical Standards (RTS) that come into play on 1 November 2017. EMIR-Ready is a…
The Regulatory Stick and Beneficial Carrot of Data Governance
If the stick behind data governance is regulatory compliance, the carrot is business and operational benefit stretching to revenue creation, reduced expenditure, better customer satisfaction and improved data to solve business problems. The challenges and opportunities of data governance were discussed during this week’s A-Team Group webinar, A Step-by-Step Guide to Implementing a Data Governance…
Misato Takes Disruptive Technology Approach to Enterprise Data Management
Misato is addressing financial institutions’ enterprise data management (EDM) challenges with a disruptive approach based on open source high-performance data bus technologies. The company’s Data Hub moves away from traditional data warehouse and extract, transform and load (ETL) solutions to focus on how data is consumed by applications. Working backwards, the hub can then reduce…
Data Management Industry Weathers the Political Storm
Capital markets in the US and Europe are fraught with uncertainty following the election of President Trump in the US and the start of the Brexit process in the UK, but what material effects will these changes have on data management and will they present more opportunities than threats? The regulatory landscape in uncertain times…