RegTech Insight Blogs The latest content from across the platform
Data Management Summit: Guidelines for Effective Data Governance
Data governance is increasingly important in a data management environment driven by regulatory requirements and cost constraints, but to be effective it needs to be underpinned by cultural change across an organisation, supported by active data governance committees and able to ensure ongoing ownership of core datasets. The need for effective data governance to address…
All You Need to Know About Entity Data
We’ve been tracking entity data and issues around its management for a good number of years now. In fact, the topic of Legal Entity Identifiers was one of our hottest for a couple of years. And while the emphasis continues to shift (right now, client onboarding is what it’s all about!), the issue at the…
Data Management Summit: Arguing the Case for Shared Services
The A-Team Group Data Management Summit held in London this week opened with a review of the company’s Regulatory Data Index and a keynote presentation by Nick Murphy, director of consulting at IGATE, on the potential of shared services or utilities for reference data management. Regulatory Data Index The A-Team Regulatory Data Index sponsored by…
Datactics Adds Data Quality Manager to FlowDesigner Platform
Datactics has extended its FlowDesigner data quality and matching software with the addition of Data Quality Manager (DQM), a browser-based application that makes the software easier to use and control across a firm with multiple data sources and an existing master data management solution. DQM works with FlowDesigner to support rapid configuration and management of…
Opinion: How Machine Learning Solves Client Onboarding, by Adam Devine, WorkFusion
Brute force can’t solve onboarding. Machine learning can. Here’s how. Throwing headcount at the ubiquitous client onboarding problem hasn’t worked. It’s still a mess. Offshoring just sweeps the mess under the rug, and the expression, “misery loves company” is a good way of describing the impact of utility plays. Every onboarding solution on the market…
iMeta Technologies Integrates Assassin Entity Data Management Platform with Avox Web Services
iMeta Technologies has integrated its Assassin entity data management platform with Avox’s recently released web services to deliver an automated solution for client onboarding and ongoing client data management. Avox introduced web services based on application programming interfaces (APIs) that are designed to provide fast electronic access to its legal entity data early this month….
Final Call for Input to ESMA Study on a Messaging Protocol for Reporting under MiFIR
The European Securities and Markets Authority (ESMA) is canvassing market participants’ views on messaging protocols for transaction reporting under the Markets in Financial Investments Regulation (MiFIR) in a questionnaire with a response deadline of March 6, 2015. The questionnaire is part of a study on technical formats for MiFIR commissioned by ESMA and contracted to…
CounterpartyLink Provides LEI Data Hierarchies that Should Meet the Needs of the Global LEI System
CounterpartyLink (CPL) is building out its Legal Entity Identifier (LEI) data on a daily basis and adding hierarchy data to the identifiers. The hierarchy data will help financial firms meet the requirements of the Regulatory Oversight Committee (ROC) of the LEI for hierarchical structures, and is already being used by firms seeking a clearer understanding…
Opinion: Push Me, Pull You
By Neill Vanlint, Global Head of Sales & Services, Goldensource Manual reminders. Consulting external websites. Receiving files overnight. Checking discrepancies. Manually keying in changes. Alerting compliance. Sounds like data management practices from about 20 years ago, right? Not so. While you wouldn’t dream of following this ‘pull’ process with security data, say to check for…
A-Team Webinar Discusses the Imperative of Change in Client Onboarding
Improved customer service, faster time to revenue, reduced technology costs and the ability to comply with current and future regulations are just some of the benefits of new data management approaches to client onboarding and Know Your Customer (KYC), but they cannot be gained without achieving organisational change and senior management buy-in. A recent A-Team…