Data Management Insight Blogs The latest content from across the platform
Thomson Reuters Adds Data Service to Support Solvency II Compliance
Thomson Reuters has pulled together the datasets required by insurance companies and asset managers to comply with the capital adequacy and disclosure obligations of Solvency II. The company’s Solvency II Data Service is available through the Thomson Reuters DataScope Select delivery platform and falls in line with company strategy to support clients with reference data…
Updated: Brendan Beith Leaving Role as European Ref Data MD at Interactive Data
Brendan Beith is leaving Interactive Data, where he has been managing director, pricing and reference data for Europe, Middle East and Africa for the past four years. Update: His role is being filled by Claudio Salinardi of Thomson Reuters. Claudio has spent the past 10 years at Thomson Reuters, most recently as managing director, fixed…
How Often Do You Screen Counterparties for Risk?
An interesting recent poll about compliance shows that 45% of firms screen their counterparties for risk on a daily or weekly basis. But a quite significant 39% still screen only annually. A remaining 10% screen monthly or quarterly, and 6% just one-time only at on-boarding. We can only believe that the frequency with which firms…
Brett Hodge Leaves Avox for Fenergo Asia Pac
Brett Hodge has left his position as manager Asia at DTCC’s Avox to head up sales for Fenergo in its newly opened Asia Pacific operation. Brett will be based on sunny Sydney, Australia. This follows earlier expansion by the Irish company into Boston and New York at the start of the year. Fenergo’s CEO Marc…
Talking Reference Data With Andrew Delaney: Back to School
Our five-year-old was stunned this morning when I told her she was starting school tomorrow, this after having spent weeks, nay months, in preparation – buying uniform, signing up for music lessons, selecting a lunchbox, choosing sandwich flavours and the like. Happily, she was thrilled with the news. I feel equally thrilled to be back…
The Seven Habits of Highly Successful Big Data Users – According to Forbes
We’re still grappling with just how to apply Big Data to the real world of financial data management. Interestingly, this article by Forbes’ contributor Adrian Bridgwater (@ABridgwater) takes the well-known book The Seven Habits of Highly Effective People by Stephen Covey and uses the seven-habit approach to apply to big data analytics for users, analysts,…
Etrali Develops Solution for Market Communication Requirements of MiFID II
Financial firms subject to MiFID II must tackle the problem of recording, retaining and providing access to market communications in order to comply with the regulation’s data retention requirements and satisfy any increased regulatory scrutiny of recorded calls and emails. Robert Powell, global head of compliance and product management at Etrali Trading Solutions, says many…
Tom Dalglish Joins SmartStream
Tom Dalglish has moved on from iGate Global Solutions to join SmartStream Technologies, where he takes the title of head of transformation services. In this role, Dalglish will use his reference data management expertise to manage transformation projects for post-trade processing and data management services for global clients. His initial responsibility will be to manage…
Opinion: “Big Data” Analytics will Play an Important Role in the Fight Against Payments Fraud
By Mike Urban, Director, Financial Crime Risk Management, Fiserv Fighting payments fraud has become one of the biggest challenges for financial organisations across the globe. In recent years there has been an explosion in both access channels and real-time payment methods meaning that monitoring financial transactions and ensuring that they are secure and legitimate has…
LIBOR: Could We Have Seen it Coming?
The repercussions of the LIBOR price fixing scandal are likely to run and run. We now know that from around 2005 onwards a number of banks were attempting to manipulate rates. Over $6 billion has already been levied in fines, and with $300 trillion-worth of contracts pegged to this all-important benchmark, the figure could well…