Data Management Insight Blogs The latest content from across the platform
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…
A-Team Webinar Discusses Outstanding Pain Points of Solvency II Compliance
The January 2016 deadline for Solvency II compliance passed without major incident, but looks like the end of the beginning with most insurance companies and asset managers making the deadline, but many continuing to work on aspects of the regulation not only to ensure compliance, but also to improve operational efficiency, reduce costs and gain…
Markit Builds Out Know Your Third Party Platform
Markit is building out is Know Your Third Party (KY3P) platform with additional customers, extended functionality and a growing commitment to help users meet standards and regulatory requirements around third-party risk management. The KY3P initiative was set up by Markit, in conjunction with Barclays, HSBC and Morgan Stanley, and introduced a service for third-party management…
Data3Sixty Adds Interactive Data Visualisation and Lineage Capabilities to Data Governance Solution
Data3Sixty, a provider of cloud-based data governance, has added interactive data visualisation and lineage capabilities to its Data Collaboration Suite, allowing both business and technical users to gain insight into data flows, data definitions and data responsibilities. The additional functionality is incorporated in the latest release of the company’s software and will be further enhanced…
Indata Adds Compliance-As-A-Service to iPM Epic Big Data Platform
Indata has added compliance-as-a-service to its iPM Epic big data platform that supports intelligent portfolio management for asset managers on a global scale. The service is designed to complement Indata compliance capability already on the platform and integrates complex subject matter sourced from third-party information providers. The initial offering is a global shareholder disclosure service…
Regulation Review – Data Management Challenges of MiFID II
The compliance deadline for the European Union’s Markets in Financial Instruments Directive II (MiFID II) may yet be pushed back a year to January 2018, but the need to tackle the data management challenges of MiFID II is immediate, whatever the European Commission’s final decision on deadlines. The regulation is much broader than the initial…