Data Management Insight Blogs The latest content from across the platform
How to Implement Data Quality Metrics that Deliver for the Business
Data quality metrics are essential to financial firms and can deliver significant operational benefits that are increasingly driven by emerging technologies such as machine learning. The business case for metrics, best approaches to implementation, and the potential of technology to improve both data quality and metrics were discussed during a recent A-Team Group webinar, Using…
Making Data Valuable Requires Quality and Structure
Building the ability to recognise the value in data and derive that value for the enterprise is a complicated proposition to include in data management models, according to experts who spoke at the Data Management Summit hosted by A-Team Group in New York earlier this month. First, firms should establish an “accountability structure through a…
GLEIF Eases LEI Acquisition as Identifier Passes the Half Million Mark
The Legal Entity Identifier (LEI) has passed the half million mark, the Global LEI Foundation (GLEIF) is encouraging the creation of registration agents that will help firms get LEIs, and plans are on the board for mapping services that will link SWIFT BICS and Association of National Numbering Agency (ANNA) ISINs to the identifier. Will…
IBM CDO Presents the Case for a Cognitive Enterprise
Creating a cognitive enterprise is within reach and could ease the regulatory burden, increase the efficiency of data management, and improve decision making. Discussing the use and potential of cognitive technologies at A-Team Group’s recent Data Management Summit in New York, Inderpal Bhandari, global chief data officer at IBM, set out IBM’s view of cognition…
The Latest PRIIPs RTS
By Ronan Brennan, chief technology officer, Silverfinch The European Commission has published what is hopefully the final iteration of the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulatory Technical Standards (RTS), and with the European Parliament announcing that it has no objection to the new RTS, the industry has finally arrived at a point that…
Webinar Discusses Data Management Processes in Run up To MiFID II Compliance
The 3 January, 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) is approaching fast, so how ready are financial institutions to meet the directive’s requirements and what outstanding data management challenges do they face? A recent A-Team Group webinar answered these questions and more, highlighting the need to get cracking on…
AI Depends On Collecting Adequate Data and Organizing Correctly, Experts Say
Capitalizing on internal data repositories, deciding how to stage data, choosing data wisely and achieving semantic interoperability are all ways in which firms can better apply emerging artificial intelligence (AI) technologies for greater data quality and insight based on data, according to experts who spoke at the Data Management Summit hosted by A-Team Group in…
BCBS Says Bank Compliance with Risk Aggregation Principles is Unsatisfactory
The Basel Committee on Banking Supervision (BCBS) reports that the level of compliance with its principles for effective risk data aggregation and reporting is unsatisfactory at globally systematically important banks (G-SIBS). It urges the banks to step up their efforts and recommends that they should develop clear roadmaps to achieve full compliance, supervisors should communicate…
ANNA DSB Opens Test Platform for OTC ISINs and Outlines Further Plans
The Derivatives Service Bureau (DSB), a subsidiary of the Association of National Numbering Agencies (ANNA) designed to issue ISIN identifiers for OTC derivatives under Markets in Financial Instruments Directive II (MiFID II), has opened its user acceptance testing platform to the industry. The platform provides near real-time allocation of ISINs for OTC derivatives and generates…
Join next week’s Data Management Summit for the Low-Down on Data Governance
Data governance, lineage and quality are in the spotlight at next week’s A-Team Group Data Management Summit in New York City, with discussion expected to focus on progress, regulatory impact, strategic approaches and the potential benefits of a strong data governance framework beyond regulatory compliance. Michael Vapenik, enterprise data governance officer at American Express, will…