Data Management Insight Blogs The latest content from across the platform
Global LEI Foundation and Regulatory Oversight Committee Address Data Quality and Hierarchy issues of Global LEI System
The Global Legal Entity Identifier System (GLEIS) is making significant progress as the Global LEI Foundation (GLEIF) makes operational improvements to the system and the Regulatory Oversight Committee (ROC) prepares a consultation paper on how hierarchy data can be added to the business card data already attached to LEIs. On the operational front, the GLEIF…
Thomson Reuters TRPS Plus Provides Transparency into Evaluated Pricing of Structured Notes and OTC Derivatives
Thomson Reuters continues to build out its pricing service with the addition of Thomson Reuters Pricing Service Plus (TRPS Plus), a DataScope Select service offering transparency into the evaluated pricing of structured notes and hard to value OTC derivatives. TRPS Plus follows the company’s April 2015 introduction of AskTRPS, a price challenge tool for fixed…
Nice Actimize Integrates with Alacra to Deliver Automated Customer Due Diligence Suite
Nice Actimize has pulled together its customer due diligence anti-money laundering software and Alacra’s Compliance Enterprise customer onboarding data platform to deliver the Actimize Customer Due Diligence (CDD) Suite, an enterprise solution that automates onboarding and ongoing customer risk profiles. The Actimize CDD Suite allows banks to manage CDD operations centrally and support multiple Know…
SS&C Technologies Gets Clearance to Acquire Advent Software
SS&C Technologies has been given the go-ahead for its acquisition of Advent Software by the US Department of Justice. The companies reached a definitive agreement on the $2.7 billion acquisition back in February and now expect the transaction to close in the third quarter of this year. The acquisition of Advent is one of 40…
DTCC Recommends Data Harmonisation Across Trade Repositories
DTCC has recommended that global trade repositories in the OTC derivatives market should harmonise 30 data fields that are critical to financial stability and systemic risk analysis. The company, which operates Global Trade Repository, the industry’s largest derivatives trade reporting service spanning nine jurisdictions, made its recommendations this week to the harmonisation working group overseen…
Broadridge Offers Multi-Tenant Managed Data Service with Focus on Data Quality
Broadridge has built on its experience of delivering managed services for reference data with the provision of a multi-tenant managed service that has a focus on data quality and is designed for both buy and sell side firms. The Broadridge Managed Data Service covers terms and conditions, pricing and valuations, and corporate actions data across…
Symbiont Sets Out Plans for its Smart Securities Technology
Symbiont is planning to issue its first private equity shares as smart securities on the bitcoin blockchain next month with a view to demonstrating its capabilities to financial institutions interested in programmable securities that are stored on a cryptographic distributed ledger called a blockchain. Beyond the demonstration, the company aims to offer a service based…
AxiomSL Offers AnaCredit Reporting and Prepares for CRS and MiFID II
AxiomSL is ready to support the reporting requirements of the European Central Bank’s (ECB) Analytical Credit Dataset (AnaCredit) regulation, which is expected to affect a large number of financial institutions in the European Union and is due to be implemented in stages from the end of 2017. AnaCredit aims to create a central register of…
Time to put Legal Contract Data Front & Centre
By Akber Datoo, Founder and Partner, D2 Legal Technology LLP Every financial institution knows the essential importance of legal contract information – it underpins everything from regulatory compliance and the management/optimisation of capital, liquidity and collateral. So why are just 16% of organisations completely satisfied with the current level of contract data accuracy? The implications…
Asset Control Adds Risk Data Management Component to AC Plus Platform
Asset Control has added a risk data management component designed to help risk managers improve risk data governance to its AC Plus data management platform. Called AC Risk Data Manager, the component uses the underlying data management platform to integrate risk data from across an organisation and allows risk managers to view and manage risk…