Data Management Insight Blogs The latest content from across the platform
Details of Fatca Compliance Remain Elusive Despite Looming Deadlines
The first deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) is set for July 1, 2014 and it looks like it will stay that way, despite calls from industry participants for a delay on the grounds that they need more time to prepare and that the Internal Revenue Service (IRS) has…
CICI Utility to Rebrand Next Month Under Global Markets Entity Identifier (GMEI) Banner
The CICI utility, the DTCC- and Swift-operated repository for so-called pre-LEIs that has managed the registrations of so-called CFTC Interim Compliant Identifiers (CICIs) since its launch in August 2012, will rebrand itself next month as the Global Markets Entity Identifier Utility, or GMEI Utility. The rebranding is scheduled to take effect January 21. From that…
Chrinon Sets Up Open LEIs Website Offering Access to Legal Entity Identifier Data
Chrinon, a UK-based company that gathers and provides open access to company data under the OpenCorporates brand, has set up a website called Open LEIs to provide an interface to the Global Legal Entity Identifier System (GLEIS). The company has been involved in the development of the GLEIS since the beginning of 2012, serving on…
Xenomorph Builds Out TimeScape with Aqumin Visual Data Landscapes
Xenomorph continues to build out its TimeScape risk analysis and data management platform with the integration of Aqumin’s AlphaVision visual data landscape environment. The company has offered TimeScape with integrated data charts and 3D graphs for about 18 months, but in search of a more sophisticated visual data solution for large, real-time datasets, looked across…
Global LEI System is Here to Stay but Needs Further Development
The global Legal Entity Identifier system (GLEIS) has made its mark in the market and is here to stay, despite the continuing absence of a Central Operating Unit (COU) that will run the system, a lack of data standardisation that should be sorted out by the COU and concerns about how well entities will maintain…
BBVA Selects Markit EDM as a Central Hub for its Enterprise Data
BBVA Asset Management has selected Markit’s Enterprise Data Management (EDM) platform to centralise and streamline its data. Markit secured the contract after a competitive selection process including workshops and a final proof of concept. The platform will replace a mix of point-to-point and in-house developed data management solutions and will act as a central hub…
Traiana Supports EMIR Reporting with a Management Solution for Unique Trade Identifiers
Traiana has started to onboard customers of its Unique Trade Identifier (UTI) management solution with a view to helping them meet the February 12, 2014 reporting deadline for European Market Infrastructure Regulation, which requires both sides of a trade to report using the same trade identifier. The UTI management service is an extension of Traiana’s…
Talking Reference Data with Andrew Delaney: To Utility and Beyond!
Another penny has dropped in the onward march toward outsourced enterprise data management. UBS’s decision last month to outsource its securities reference data to iGate, which is using Markit’s Enterprise Data Management (EDM) solution – the former Cadis Software – to manage the data, fulfils a strategic intent to industrialise processes where possible. Perhaps more…
Debate Argues the Case for an Investment Book of Records
Vendors have begun to develop Investment Book of Record (IBOR) solutions and in-house teams are beginning to build them, but issues around what an IBOR should look like, how it should work and whether it will deliver benefits remain open to question. Ian Hunt, a consultant and subject matter expert working with M&G Investment Management…
Fitch Solutions Extends its Use of LEIs and Monitors Global Adoption
Fitch Solutions has extended its adoption of pre-Legal Entity Identifiers (LEIs) by adding the codes to unrated entities. The company has been adding pre-LEI codes to Fitch rated issuers and debt issues since early this year and is making all its LEI data available on the Fitch Ratings website and in its data feed products,…