Data Management Insight Blogs The latest content from across the platform
Federated Investors Implements Eagle Solutions in Platform Transformation Project
Federated Investors, a large investment manager in the US, is implementing Eagle Investment Systems’ data management, investment accounting and performance measurement solutions as part of a platform transformation designed to support growth and regulatory compliance. The integration of the Eagle solutions will also provide Federated Investors with an investment book of record (IBOR) across asset…
Nikko Securities America Selects Fenergo to Support Regulatory Compliance
Nikko Securities America (Nikko America) is planning to implement Fenergo’s client lifecycle management software across a number of its trading desks. The implementation is focused on helping the company achieve compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and Foreign Account Tax Compliance Act (FATCA) regulation and will use the out-of-the-box version of Fenergo’s…
Letter to the Editor
From Akber Datoo, Managing Partner, D2 Legal Technology Earlier this week, the European Supervisory Authorities (EBA, EIOPA and ESMA) published final draft Regulatory Technical Standards (RTS) outlining the framework of the European Market Infrastructure Regulation (EMIR). While some may consider this as progress, it is unfortunately yet another indicator of the significant challenges the international…
CACEIS Migrates to NeoXam GP3 Accounting Solution
CACEIS, the asset servicing business within Crédit Agricole Group, has migrated to NeoXam’s GP3 accounting system with the intention of operating a single platform that will provide its institutional and mutual funds customers with an improved user experience and regulatory compliance. The platform has also been implemented to attract new client business. The company selected…
Swift Adds Ultimate Entity Ownership Data to Entity Plus Directory
Swift has added ultimate ownership data to entities in its Entity Plus directory and is planning to add more hierarchy data to the entity data in line with the requirements of its user community. Entity Plus was made available late last year to support financial institutions’ entity data management processes and compliance with regulations that…
ICE Builds Valuations Business with Acquisition of S&P’s Securities Evaluations and CMA
Intercontinental Exchange Group (ICE) is back on the acquisition trail and building its valuations business with a definitive agreement to acquire Standard & Poor’s Securities Evaluations and Credit Market Analysis (CMA) from McGraw Hill Financial. The agreement follows the group’s December 2015 acquisition of Interactive Data, which holds a significant stake in the evaluated pricing…
Markit Partners WorkFusion to Automate Manual Processes and Deliver Greater Value to Customers
Markit has teamed up with WorkFusion to automate some of the high volume manual processes that support its Information, Processing and Solutions business divisions. Automation is expected to increase the efficiency and accuracy of the processes, improve operational performance, reduce costs, and enable the company to deliver greater value to its customers. Markit considered building…
ESMA Consultative Working Group Expected to Influence Outstanding MiFID II and MifIR Issues
The European Securities and Markets Authority (ESMA) call for market data experts to join its consultative working group (CWG) closes in less than two weeks time, with those selected to join the group expected to have considerable influence on regulatory market data issues during their two-year term. While ESMA is unlikely to disclose information about…
Investment Data Utility Plans Pilot of its Data Quality Benchmark Service
The Investment Data Utility is planning a pilot of its peer review service that allows investment managers to benchmark the quality of their reference data, improve data input to business applications and reduce operational errors. While the utility initially supports investment reference data, particularly around securities and issuers, the company’s longer term plan is to…
Global LEI Foundation Development Plan Adds Data Quality Management and Proposes Limited Hierarchy Data
The Global Legal Entity Identifier Foundation (GLEIF) has set out development plans for 2016 including a recently introduced LEI data quality management programme and completion of the accreditation process for LEI issuers – but provision of much needed LEI hierarchy data remains sketchy, with the GLEIF saying only that it expects to design a process…