Data Management Insight Blogs The latest content from across the platform
Unstructured Data Webinar: Taming the New Frontier of Data Management
How can institutions get an edge from their data when much of the information they use has become commoditised? That’s one of the questions driving efforts to extract the most meaning and value from unstructured sources of data, pools of information that have until recently been largely out of reach for all but the biggest…
The Nuts and Bolts of a Modern Data Management System According to Arcesium
The past 12 months have been busy ones for data management and technology provider Arcesium. Winning the award for Most Innovative North American Data Management Provider in A-Team Group’s Data Management Insight Awards USA 2023 and opening a new office in Portugal were among the highlights of a year that also saw the New York-headquartered company expand…
TurinTech Deploys GenAI to Accelerate Financial Software
The costs associated with poor quality software coding are startling. In dollar terms alone, companies in the US incurred a US$2.4 trillion hit from the direct impacts and cost of correcting poor coding, according to a 2022 survey by the Consortium for Information and Software Quality (CISQ). That’s before indirect costs such as reputational and…
Rich Talent Pool Lures Arcesium to Portugal
Portugal’s combination of high-quality expertise in technology and finance was the key driver behind Arcesium’s decision to locate its first continental European office in Lisbon, the data management provider has revealed. The Atlantic coastal city of 3 million people came out as the top pick from a list of 50 European cities considered by the…
Asset Managers Can Learn Lessons from New Government’s Cost Pressures
By Thomas McHugh, CEO and Co-founder of FINBOURNE Technology. Any new government brings the inevitable “change” message, but one thing never changes regardless of who has the keys to the treasury – seeking out departmental cost savings wherever humanly possible. With unprotected departments facing cuts of up to 2.9% according to the Institute for Fiscal Studies,…
Unlocking Private Market ESG Data through AI
By Yann Bloch, VP Product Management at NeoXam. In today’s investment world, the importance of integrating environmental, social, and governance factors into investment strategies is no longer up for debate. Asset managers globally recognise that sustainable business practices are not only vital for ethical considerations but are also critical for long-term financial performance. Despite this recognition,…
Insurance Stress Test Success Hangs on Data Quality and Management
Recently revealed tests to explore the resilience of insurers to external shocks are likely to succeed – or fail – on the data that the under-scrutiny firms possess. Data will be a central ingredient on the tests detailed last month by the Prudential Regulation Authority (PRA), which oversees the industry. In its most recent communique,…
Latest UK SDR Measure Highlights Data Challenge
The UK has implemented the latest stage of its sustainability disclosure requirement (SDR), which is designed to encourage manufacturers of investment products to adopt measures that will prevent greenwashing. Before the measure was even introduced by the Financial Conduct Authority (FCA), however, it was apparent that fund managers’ likelihood of adopting the guidance would be…
Citigroup Fine Shows Importance of Having Robust Data Setup
The US$136 million fine meted out to Citigroup for data irregularities dating back to 2020 should serve as a warning to all financial institutions that robust data management is essential to avoid sanctions amid tougher regulatory regimes. The Federal Reserve and Office of the Comptroller of the Currency (OCC) jointly imposed the penalty on the…
Crafting an Effective Data Strategy to Unlock Innovation
By Kelly Attrill, Head of Advisory & Consulting APAC at Lab49. Data can be both an asset and a liability. Used correctly, it can transform an organisation’s ability to unlock value and enable innovation. However, if data is mismanaged it can have catastrophic consequences. In financial services, firms recognise that the ever-increasing volume of data…