Data Management Insight Blogs The latest content from across the platform
LSEG and Boat Prepare MiFID II Trade Reporting Solution
London Stock Exchange Group (LSEG) and Boat Services have joined forces to develop a MiFID II trade reporting solution, but plans may not end there with Boat suggesting the platform could be built out to deliver a utility-type service supporting a number of regulations. Initially, LSEG and Boat have signed heads of terms that will…
Marc Alvarez Moves to Mizuho Securities as CDO
Marc Alvarez, a market and reference data expert whose 30-year career in financial markets includes roles with technology vendors TMX Group, IDC, Asset Control and Reuters, has moved to Mizuho Securities as chief data officer and head of data governance. Alvarez’s move to a technology user company follows a one-year contract at TMX Group, where…
Opinion: Reference Data and MiFID II/MiFIR: New ESMA Consultation
By Chris Pickles, Co-Chair of FIX Trading Community’s Reference Data Subgroup and Member of the Bloomberg Open Symbology Team Indications from ESMA are that it still intends to issue technical standards for reference data under MiFID II/MiFIR this month, so work being done now to examine the existing draft standards should pay off by enabling…
Tata Consultancy Services Details a Strategic Approach to BCBS 239 Compliance
As the January 2016 deadline for compliance with BCBS 239 approaches, banks are making substantial data management changes in order to meet the regulation’s requirement for on-demand enterprise-wide risk data aggregation and reporting. The task is not easy and includes data management challenges posed by data silos, legacy systems and poor data governance practices, but…
Talking Reference Data with Andrew Delaney: Vindication at Last!
Our longstanding interest (obsession, some might argue) with the viability of the utility or shared-services model for reference data management was surely vindicated yesterday when the newswires outed the, erm, hush-hush SPReD project. A contender for the mantle of the Street’s worst-kept secret, SPReD (for Securities Product Reference Data) comprises three major institutions (Goldman Sachs,…
FIX Reference Data Subgroup Update: Reference Data and MiFID II/MiFIR
By Chris Pickles, Co-Chair of FIX Trading Community’s Reference Data Subgroup and Member of the Bloomberg Open Symbology Team Reference data has traditionally been treated as a ‘back-office’ function – almost as though only data that is fast-changing has relevance to a firm’s trading operations. But for more and more firms today, reference data has…
Talking Data Management with Andrew Delaney: Back and Bigger Than Ever
Excitement is mounting here at A-Team towers as we put the finishing touches to the agenda for our Data Management Summit conference in London on October 1. And of course, right behind it is our planned summit in New York on November 3, of which more later in a future edition of this missive. We…
Talking Data Management with Andrew Delaney: A Salesman to the Core
Anyone who’s ever met Rob Flatley will attest to the fact that he was born to sell CoreOne Technologies, and probably to Markit. And so it transpires that Markit has bought yet again in the enterprise data space, this time parting company with $200 million for CoreOne and its One-suffixed affiliates in the Symphony Group,…
Opinion: Avoiding the Troubles of Target Obsession Disorder
By Dennis Slattery, CEO, EDMworks A lot of effort has recently gone into researching the impact of target setting in the public sector. Does it deliver a benefit or not? The topic is relevant to financial services as many of us are engaged in designing metrics for measuring and improving data quality. Unsurprisingly, evidence from…
Vendor Profile: Advent Software
Established in 1983, Advent Software is one of the old guard of investment management solution providers, but it has kept pace with the market and is expected to develop further following its acquisition by SS&C Technologies, which completed in July 2015. Together, the companies are creating a strategic plan for growth including extended cloud-based services,…