Data Management Insight Blogs The latest content from across the platform
New York Data Management Summit: The Challenges and Opportunities of Data Governance
The importance of data governance in financial services firms has never been greater as regulators scrutinise not only data but also its quality and business executives begin to understand data as a valuable asset. Reflecting the growing importance of data governance, A-Team Group addressed the problems it poses and the opportunities it presents at its…
Breaking News: Interactive Data Corporation Set for Sale
According to a news story on Thomson Reuters’ news service Interactive Data Corporation (IDC) is up for sale five years after it was purchased by private equity firms Silver Lake and Warburg Pincus. The firms are expected to sell IDC in a deal that could value the financial information business at $5.5 billion including debt,…
RFA Introduces Data Governance as a Service
RFA (Richard Fleischman & Associates) has teamed up with Varonis to provide a data governance solution-as-a-service for the alternative asset sector. The service is subscription based, with monthly costs depending on the number of users, and is available across the US and UK. The data governance service is a response to customer requests and has…
Bloomberg FIGI Finds Favour at U.S. Bank
Bloomberg’s open source Financial Instrument Global Identifier (FIGI) has won favour at U.S. Bank, where it will be used as a primary identifier to report on syndicated loans within collateralised loan obligations (CLOs). The company says other banks – so far unnamed – have adopted the identifier, but highlights the U.S. Bank as the first…
Swift Eases Payments Data Consumption With SwiftRef APIs
Swift has added 12 application programming interfaces (APIs) to its SwiftRef reference data utility with a view to helping financial institutions and corporates automate payment processes by identifying and validating payments reference data in real time using information in SwiftRef. The APIs have been piloted for 18 months and are now market ready. They cover…
New York Data Management Summit: Setting the scene for 2015
A-Team Group kicked off last week’s Data Management Summit in New York City with a review of the company’s Regulatory Data Index by A-Team chief content officer Andrew Delaney and a keynote on the challenges of data management by John Fleming, head of enterprise data governance at BNY Mellon. The A-Team Regulatory Data Index is…
CounterpartyLink Takes Top-Down View of Entity Hierarchies with CPL Hierarchy Profile
CounterpartyLink has reversed the process of building legal entity data hierarchies from the bottom up to deliver CPL Hierarchy Profile, a product designed to provide a top-down, single view of a legal entity including its entire group structure and links between entities in the structure. The company has been researching and validating entity data from…
Asset Control Recruits Martijn Groot to Lead Product Strategy Including Data Service Manager
Martijn Groot has left Euroclear and rejoined Asset Control to lead the company’s product strategy. His initial responsibility is Data Service Manager, a product that is designed to help financial institutions improve the timeliness and quality of their market, reference and risk data services. It is also Asset Control’s first significant product release since it…
Eagle Investment Systems Sets Out Growth Plans
Eagle Investment Systems, a subsidiary of BNY Mellon, is planning to build out its Access cloud technology platform with the addition of data centres hosting the solution in Europe and Asia Pacific to an existing data centre in the US. The company expects to open a European facility, most probably outside London, in June 2015…
S&P Capital IQ Stands Ready to Fulfil Regulatory Oversight Committee Requirement for LEI Hierarchy Data
S&P Capital IQ is ready to meet the data hierarchy requirements for Legal Entity Identifiers (LEIs) that are expected to be set out by the Regulatory Oversight Committee (ROC) of the Global LEI System towards the end of this year. The company’s offer is based on existing products and can extend beyond LEI hierarchy data…