Data Management Insight Blogs The latest content from across the platform
Seizing the Opportunity: In Defence of MiFID II
By: Will Winzor-Saile, Execution Architect, Redburn There is no escaping MiFID II. As the regulation becomes clearer and industry consensus forms, every financial firm is working hard to be ready for January 3, 2018. Alongside implementation, myriad discussion papers address the challenges faced in the new world – where can we trade dark, how will…
EDM Council Data Management Benchmark Highlights Need to Improve Data Quality
The Enterprise Data Management (EDM) Council’s 2017 Data Management Industry Benchmark Summary illustrates the highs and lows of data management across financial services firms. On the upside, firms have made progress in establishing data management programmes and implementing foundational governance. On the downside, data quality issues remain. The Council’s 2017 benchmarking study was carried out…
Privatar Plays into GDPR and plans Product and Geographic Expansion
Privitar plans to invest the $16 million it raised in a recent funding round in accelerating development of existing and new data privacy products, and extending its geographic footprint from Europe to the US and Asia-Pacific. The company was founded in 2014 and is now well placed to help data-driven organisations address data privacy concerns…
Best Practice for MiFID II and FRTB Data Analytics and Risk Modelling
Markets in Financial Instruments Directive II (MiFID II) and the Fundamental Review of the Trading Book (FRTB) raise the bar on data analytics, benchmarks and risk modelling, requiring firms to process huge volumes of data and tackle the challenges of data quality and consistency. For those that succeed, beneficial outcomes include improved transparency that can…
Capgemini Signs up BNY Mellon to Reference Data Utility Platform
Capgemini has signed up BNY Mellon as the second client of its reference data validation utility, according to sources familiar with the arrangement. The deal is an important one for Capgemini – which acquired the utility as part of its $4 billion acquisition of iGate two years ago – as it marks the first commercial…
MiFID II – Are we nearly there yet?
The Financial Conduct Authority’s (FCA) publication of its final policy statement on the implementation of Markets in Financial Instruments Directive II (MiFID II) early this week underlines the mantra of ensuring transparency around processes and the protection of client money. It clarifies issues around provisions including inducements in relation to research, best execution and taping,…
Framework Develops Data Management Tools for Private Equity Investment Firms
Framework is addressing the reference data management challenges of private equity investment firms with a data hub and self-service reporting and analytics tool set. While private equity technology implementation lags that of other investment sectors, Framework is following the latter’s lead with a centralised approach to data that is designed to help firms navigate the…
Lighter Regulatory Reform is an Opportunity for Data Management Best Practice
By Martijn Groot, Vice President of Product Strategy, Asset Control The implications of a potential roll back on regulation, from Dodd-Frank to a new level of commitment to European Market Infrastructure Regulation (EMIR) and Markets in Financial Instruments Directive II (MiFID II) as a result of Brexit negotiations, are hard to predict. While regulatory compliance,…
Data Management Approaches for the Buy-Side
Buy-side firms challenged by the need to manage more data, increase data quality, address margin pressures and identify new business opportunities are investing in transformational data management programmes that will catapult their capabilities ahead of those of comparable sell-side firms. Buy-side approaches to data management and their progress were discussed during a recent A-Team Group…
GoldenSource Integrates eXtremeDB to Speed Up Regulatory Response
GoldenSource has integrated its Risk Master platform with McObject’s eXtremeDB to deliver an enterprise data management (EDM) solution capable of responding to regulations demanding fast access to vast data volumes. Initial use cases of the integration include compliance with Fundamental Review of the Trading Book (FRTB) regulation and the best execution elements of Markets in…