Data Management Insight Blogs The latest content from across the platform
Markit Integrates Datasets to Deliver Enhanced iNAV for ETPs
Markit has integrated its fixed income evaluated pricing and fair value data services with exchange traded fund data to deliver an enhanced intraday net asset value (iNAV) service for exchange traded products (ETPs). The service is available immediately and is designed to improve transparency around ETP pricing. The company has offered an iNAV service for…
Raiffeisen Bank Implements Asset Control Data Management Platform
Raiffeisen Bank International (RBI) is in the process of implementing Asset Control’s AC Plus data management platform with a view to centralising data management for end-of-day valuations and market risk calculations across its operations in Europe and Asia. The bank selected Asset Control after an evaluation of competitive solutions and a successful proof of concept….
Markit Develops Managed Services With CTI Acquisition
Markit’s agreement to acquire tax compliance and reporting services specialist Compliance Technologies International (CTI) will add a tax component to the company’s managed regulatory reporting services that already include the Counterparty Manager platform and the recently introduced Markit | Genpact Know-Your-Customer (KYC) Services. Financial details of the acquisition have not been disclosed and the transaction…
Opinion: Uniting Entity Data – the Missed Opportunity
By Neill Vanlint, Managing Director, EMEA & Asia, Goldensource The industry’s drive to understand and reduce systemic risk has created fresh challenges around instrument and entity data that put technology under a whole new light. However, in a post-2008 crisis landscape dominated by regulatory reform, compliance is only part of the issue. If firms can…
Markit and Genpact Release KYC Service
Markit’s tie-up with business process specialist Genpact, which was made back in September 2013, has come to fruition in a Know Your Customer (KYC) service designed in conjunction with Citi, Deutsche Bank, HSBC and Morgan Stanley. Called Markit | Genpact KYC Services, the companies’ KYC offering is based on Markit’s Counterparty Manager service and Genpact’s…
Data Management Summit: Regulation and Risk Require a New Approach
Regulation and risk are driving a new approach to data management across financial markets, but they are not the only drivers as firms seek cost reductions, operational efficiencies and a means of using data as a business asset. These issues and more were debated by a panel of experts at last week’s A-Team Group Data…
Data Management Summit: Defining the Role of the Chief Data Officer
As financial institutions battle escalating data management requirements and growing regulatory pressures, the appointment of a chief data officer (CDO) looks increasingly attractive to handle the workload, ensure strong data governance and play into the business strategy. At A-Team Group’s Data Management Summit in New York last week, A-Team Group editor Sarah Underwood was joined…
Lombard Risk Offers Free XBRL-Checker to Support Corep Compliance
Lombard Risk Management is offering firms that must comply with the latest Common Reporting (Corep) rules a free eXtensible Business Reporting Language (XBRL) checker to help them resolve XBRL validation errors that can occur when submitting required reports to the UK Financial Conduct Authority (FCA). The FCA’s Gabriel reporting system has been in place since…
Data Management Summit: Regulation and Cost Drive Adoption of Data Utilities
The potential of reference data utilities to cut data management costs and improve data quality was a hot topic at last week’s A-Team Group Data Management Summit in New York. Most speakers and delegates agreed that data utilities will become part of the capital markets landscape, but exactly how they will operate and how the…
Data Management Summit: Managing Entity Data with the Global LEI
The global Legal Entity Identifier (LEI) system is growing in terms of the number of operational pre-Local Operating Units (LOUs) within the system and the number of LEIs they have issued, but it remains incomplete and continues to pose data management problems without a Central Operating Unit (COU). The status of the global LEI system…