Data Management Insight Blogs The latest content from across the platform
Datactics RegMetrics User Monitors 10 Million Records to Ensure Data Quality
Datactics has implemented its RegMetrics data quality reporting solution at a Tier 1 global bank. The bank is using the software to monitor over 10 million underlying records, which requires hundreds of millions of data points to be processed. The bank is also building predictive analytics on top of the RegMetrics framework to monitor data…
Driving Business Value Out of the Legal Entity Identifier
The Legal Entity Identifier (LEI) is useful as a unique, unambiguous and persistent entity identifier, but when integrated with other datasets such as securities it can deliver both operational and business benefits. Issues around driving business value from the LEI were discussed during a recent A-Team Group webinar that was moderated by A-Team editor Sarah…
MiFID II and PRIIPs: The Double Act
By: Ronan Brennan, chief technology officer, Silverfinch As at 1st January 2018, the financial services industry will be served a double whammy of regulation – Markets in Financial Instruments Directive II (MiFID II) and Packaged Retail and Insurance-based Investment Products (PRIIPs). While there are key differences between these two regulations, the common characteristics are worth…
FactSet Details Ultimate Goal of Servicing the Complete Portfolio Lifecycle
FactSet is delivering on its aim to serve the portfolio lifecycle through acquisition, partnership, integration and a focus on providing clients with a choice of modular solutions. Previewing the year ahead, its plans include continued integration and enhancement of acquisitions Portware, Cymba and Vermilion, support for compliance with regulations including Markets in Financial Instruments Directive…
ESMA States its Case on Distributed Ledger Technology
The European Securities and Markets Authority (ESMA) has stepped into industry discussion on the pros and cons of distributed ledger – or blockchain – technology (DLT) and concluded that regulatory action is premature at this stage, but may not be in the longer term. The authority issued a report this week, The Distributed Ledger Technology…
Steve Pulley Details Thomson Reuters Plans for Clarient and Avox
Following Thomson Reuters agreement to acquire Clarient and Avox from DTCC, we caught up with Steve Pulley, managing director of Risk Managed Services at Thomson Reuters, to find out more about the company’s plans for the acquisitions and how they will be integrated with Thomson Reuters risk management, compliance and reference data solutions. Pulley describes…
Erste Group Extends Relationship with Asset Control
Erste Group Bank has extended its use of Asset Control’s AC Plus data management platform to support the regulatory requirements of Packaged Retail Investment and Insurance-based Investment Products (PRIIPs) and Markets in Financial Instruments Directive II (MiFID II). The bank, one of the largest financial institutions in Central and Eastern Europe, initially implemented an Asset…
Big News at Thomson Reuters with Acquisitions of Avox and Clarient
We’ve heard rumblings in the market about a potential sale of Avox and now, ending months of speculation, Thomson Reuters signing not only a definitive agreement to acquire DTCC’s Avox, a supplier of legal entity data, but also an agreement to acquire Clarient, the industry-backed Know Your Customer (KYC) and client reference data platform that…
OFR says 500,000 LEIs are Not Enough to Achieve Expected Benefits
The Office of Financial Research (OFR) has called for collective action on global implementation of the Legal Entity Identifier (LEI) and named US regulators as the drag that is slowing down adoption of the identifier. The OFR reviews development of the Global LEI System (GLEIS) in a briefing document titled Collective Action: Toward Solving a…
Thomson Reuters Builds Out Regulatory Change Management Offer
Thomson Reuters’ release of Regulatory Change Management is designed to help financial institutions harmonise their approach to regulatory change and compliance, mitigate risk and reduce administrative costs. The introduction of RCM follows Thomson Reuters’ acquisition of UK-based regulatory technology provider Empowered Systems in March 2016. RCM is offered on Thomson Reuters’ Connected Risk platform and…