Data Management Insight Blogs The latest content from across the platform
Developing Best Practice for Optimal KYC and Client Onboarding Performance
Know Your Customer (KYC) and client onboarding programmes are well established in the banking sector, driven by regulatory requirements and beginning to deliver tangible benefits – but there is still much to be done to achieve best practice for optimal performance. The data management challenges presented by KYC and onboarding, as well as the opportunities…
Data Management Experts Discuss the Dilemmas of Data Quality
Data quality has become an imperative for financial institutions as they face increasing regulation and look to data for business benefits and opportunities – but it is not always easy to achieve and requires significant investment in time and resources. For many institutions, a definition of data quality is based on some or all of…
Bloomberg PolarLake Adds Corporate Actions and Index Data to Data Management Utility
Bloomberg PolarLake has added corporate actions and index data services to its data management utility, which already manages reference, ratings, pricing, position, trade and legal entity data on behalf of both buy-side and sell-side customers. The corporate actions data service is based on data feeds from the company’s data vendor partners, data sourced from custodians…
State of Data Governance: Making Data Management Programmes Operational
By Gavin Kaimowitz, Global Data Practice Lead at Sapient Global Markets Global financial institutions are coming to the realisation that the business processes and operational models they have relied on in the past won’t necessarily help them succeed in the current increasingly regulated environment. That’s not to mention the struggle to overcome lower margins and…
Alacra Eases Access to Companies House Client Due Diligence Documents
Alacra has improved access to due diligence documents for UK domiciled firms by integrating the beta version of Companies House application programming interface (API) with the Alacra Compliance Enterprise (ACE) platform that provides Know Your Customer and client onboarding services. The company, recently acquired by compliance platform provider Opus, is also working with Companies House…
ICBC Standard Bank Implements Fenergo Client Lifecycle Management
ICBC Standard Bank is implementing Fenergo’s client lifecycle management solution to meet Know Your Customer, Anti-Money Laundering and customer onboarding rules and regulations, and improve operational efficiency. The Industrial and Commercial Bank of China (ICBC) acquired a majority stake in London-based Standard Bank from South Africa’s Standard Bank Group early last year and took on…
Asset Control Integrates Matlab with AC Plus Data Management Platform
Asset Control has integrated its AC Plus data management platform with MathWorks’ Matlab financial analytics language to bring data and financial models closer together and deliver more robust calculation and validation of risk factor and valuations data. The integration recognises the use of Matlab by many Asset Control customers and overcomes the need to move…
Interactive Data Extends North American Liquidity Indicators Service to Europe
Interactive Data has extended its North American Liquidity Indicators Service to cover European and Asia-Pacific corporate and sovereign securities. It has also expanded coverage of the service by adding TBA-eligible mortgage-backed securities pass-throughs and agency debentures to US corporates, Latin American corporates and municipal bonds. The Liquidity Indicators Service was introduced to the US market…
Markit Integrates EDM with VistaOne Data Warehouse and vReporter
Markit has completed the integration of VistaOne and vReporter with its enterprise data management (EDM) software and is preparing to bring a combined EDM, data warehouse and reporting solution to market. The company acquired the VistaOne data warehouse and reporting solution as part of its acquisition of CoreOne Technologies in August 2015. It also acquired…
SIX Financial Information Develops Utility for Compliance with Investor Protection Rules
SIX Financial Information is developing a document management utility designed to help financial institutions comply with investor protection rules issued by the European Securities and Markets Authority (ESMA) and due to take effect on January 1st 2017. The rules are also an element of Markets in Financial Instruments Directive II (MiFID II), a European regulation…