Data Management Insight Blogs The latest content from across the platform
Data Management Summit: UBS’s Brown on Creating a Data Map of the Financial Enterprise
Rupert Brown, lead architect in the office of the CTO at UBS Investment Bank, opened the A-Team Group Data Management Summit with a keynote presentation covering the creation of a data map for a financial enterprise. Taking a traditional map as his starting point and later touching on the topographical nature of the London Underground…
Euroclear Bank and SmartStream Build Out Central Data Utility
When Euroclear Bank and SmartStream joined forces in November 2012 to deliver a centralised reference data utility, many financial services firms were beginning to realise the need to improve data management and deliver higher quality data at a lower cost. Fast forward two years and the pressure to review and renew failing data management models…
Managed Reference Data Services – Are Utility Models the Way Forward?
The combination of cost, complexity and compliance are driving managers of reference data to examine new delivery models that avoid the duplication, manual intervention and expense of current business methods. But is a utility or managed service provider the best way forward? From recent industry conversations, not only do many believe it is, but are…
Regulatory Oversight Committee of the Global LEI System Addresses Demand for a Common Data Format
The Regulatory Oversight Committee (ROC) of the Global Legal Entity Identifier System (GLEIS) has addressed the need for a common data format that can be used by all pre-Local Operating Units (LOUs) with a set of basic data elements. It has also endorsed more pre-LOUs, bringing the total to 12. The basic data elements of…
Bank Muddles Over EMIR Compliance Could See Strategic Acceptance of New IT Business Models
As many as half of Europe’s financial institutions will have been “caught on the hop” and are now having to catch up after the latest deadline for complying with the European Market Infrastructure Regulation (EMIR) came into force last week, according to a leading industry observer. Elizabeth Goodchild, a senior consultant with Rules Financial, said…
Sapient Global Markets Details the Challenges and Opportunities of Trading on Swap Execution Facilities
As the US swaps market began the transition from telephone trading to electronic trading on swap execution facilities (SEFs) this week, a number of issues hung in the balance, including which of the SEFs that have registered with the US Commodity Futures Trading Commission (CFTC) will be successful, how vendors can support firms trading on…
Talking Reference Data with Andrew Delaney: COREP/FINREP – Be Afraid, Be Very Afraid
Last week’s Regulatory Update seminar, hosted by Lombard Risk, was an eye-opener for anyone who thought their work was done after the past year’s huge efforts on COREP. In particular, the session focused on the challenges to come with respect to reporting under CRD IV, FINREP and incoming Asset Encumbrance (AE) rules. Indeed, such is…
Talking Reference Data with Andrew Delaney: Putting it All Together
After several months of shoe-leather and elbow grease, the agenda for our March 6 Data Management Summit at London’s America Square conference centre is snapping into place. Our rapidly changing marketplace is yielding much food for thought, and plenty of fodder for some good debates. Helping us set the scene at the kickoff this time…
Bloomberg Adds EMIR Reporting Solution to Professional Service
Bloomberg is up and running with a trade reporting solution for European Market Infrastructure Regulation (EMIR) ahead of next week’s deadline. The company has used existing infrastructure to set up the solution and will initially report trades to European trade repositories operated by DTCC and Regis-TR. Bloomberg is offering the EMIR reporting solution as a…
Gaia Transparence Adds Numerix Analytics to Open Source Platform to Deliver EMIR Solution
Gaia Transparence, a 2012 start-up dedicated to open source software for capital markets, has embedded Numerix analytics in its Transparence platform to deliver a compliance solution for European Markets Infrastructure Regulation (EMIR) ahead of the February 12 deadline for reporting derivatives trades to a trade repository. The company offers two versions of the open source…