Data Management Insight Blogs The latest content from across the platform
Northern Trust Supports Client Reporting with Sapient Global Market’s CMRS Platform
Northern Trust is up and running with a delegated client trade reporting service based on the software-as-a-service (SaaS) version of Sapient Global Markets’ Compliance Management Reporting Solution (CMRS). The solution supports Northern Trust in fulfilling its clients’ derivatives reporting requirements under EMIR and Dodd-Frank, and eases the burden of keeping up with regulatory change. Northern…
AIM Software Wins Corporate Actions Client in the Netherlands
AIM Software has secured its fifth customer in the Netherlands, a large European asset manager that is using the company’s GAIN Corporate Actions DM application to automate the processing of corporate actions. AIM won the contract in a competitive selection process and was favoured on the basis of the application’s integration with SimCorp Dimension, the…
SunGard Builds on APT Risk Engine to Deliver Integrated Risk Management Service
SunGard has introduced a hosted risk management service based on the APT risk engine that has been deployed by many of its institutional buy-side clients. The so-called APT Enterprise platform embeds the risk engine and market data in a single, accessible data repository and offers users an interactive dashboard and browser-based delivery. APT Enterprise was…
AxiomSL Offers Support for BCBS 239 Compliance
AxiomSL, a provider of regulatory reporting and risk management solutions, has combined functionality of its ControllerView platform to support clients that must comply with the Basel Committee on Banking Supervision’s regulation 239: Principles for Effective Risk Data Aggregation and Risk Reporting. BCBS 239 includes a series of 14 principles providing guidance on how banks should…
Bloomberg Promotes FIGI as Primary Global Security Identifier
Bloomberg plans to rename its Bloomberg Global Identifier (BBGID) as the Financial Instrument Global Identifier (FIGI) with a view to making it the world’s primary standard for securities identification ahead of the International Securities Identification Number (ISIN). Bloomberg’s move follows last week’s release by the Association of National Numbering Agencies (ANNA) of an update to…
Tom Dalglish Starts at SmartStream with a Transformation Project at Société Générale
Just weeks after moving on from iGate Global Solutions to join SmartStream Technologies as head of transformation services, Tom Dalglish is in Paris, working on a project at Société Générale Corporate & Investment Banking (SG CIB) that will manage and optimise the bank’s back-office securities processing. The project is led by Accenture Post-Trade Processing (APTP),…
Sun Street Taking a Different Approach to Data Governance
With an increasing industry focus on data governance, one vendor has been taking a different approach to managing data quality from a business point-of-view by providing exceptions workflow, a range of data enquiry tools, and ‘what-if’ scenarios for data sourcing, all of which sit on top of a financial institutions’ existing data architecture. Sun Street…
More on Interactive Data’s Restructuring to Global Business Roles
News last week of Brendan Beith’s departure from Interactive Data was part of a wider restructuring in the company to streamline its operations and shift from a regional focus to a global one. Interactive Data’s chief operating officer Jay Nadler now has global business heads for each vertical reporting into him. Each global vertical business…
Anna Updates ISIN Standard and Combines ISO Financial Standards to Develop Centralised Data Hub
The Association of National Numbering Agencies (Anna) has released an update of ISO 6166, the standard for the International Securities Identification Number (ISIN), that extends coverage of instrument types to reflect regulatory developments in capital markets by including exchange-traded and over-the-counter (OTC) derivatives, as well as structured products. The Anna Service Bureau, which is supported…
A-Team Group Webinar Discusses Regulation and Risk as Data Management Drivers
Increasing regulation of financial markets, including current regulations such as Dodd Frank, EMIR and Fatca, and forthcoming regulations such as Solvency II and BCBS 239, is forcing many firms to change their data management processes in order to achieve compliance. Offering information and advice to data management practitioners tackling the demands of regulation, this week’s…