Data Management Insight Blogs The latest content from across the platform
Banks Must Strengthen Data Management to Meet ESG Regulations
Europe’s banks must get their data management structures in place if they are to meet anticipated rules for identifying and mitigating ESG risks. ESG cannot be a mere afterthought in lenders’ risk management protocols if they are to meet anticipated new regulations, and that can be best achieved through careful data management, said Volker Lainer,…
The Challenge of Data Integration in a Multiple Data Source World
By Inesa Smigola, Head of Presales, EMEA and APAC at Xceptor. Financial institutions have a growing data challenge – ever increasing data volumes, much of it unstructured, multiple data sources, and hugely varied data formats and structures. Across this is the additional challenge of inconsistent data quality according to data source and format– an Excel…
A Dive into the Detail of the Financial Data Transparency Act’s Data Standards Requirements
As the June 2024 deadline looms for US regulators within the scope of the Financial Data Transparency Act (FTDA) to provide joint rules on data standards and reporting formats, the question of what these standards and formats will be remains open. Front runners are the Legal Entity Identifier (LEI) and eXtensible Business Reporting Language (XBRL),…
S&P Global Market Intelligence Adds Quantifind Sanctions Screening Data to Entity Insights
S&P Global Market Intelligence has enhanced its entity due diligence platform, Entity Insights, with the inclusion of sanctions and adverse media screening data. The additional data is provided by Quantifind and enables users to screen more than 30 million entity records from more than 30,000 global sources to meet due diligence requirements and manage reputational…
SIX Climate Data Launch Ushers ‘One-Stop Shop’ Data Era
SIX has kickstarted a programme of ESG product releases planned for 2024 with the unveiling of a climate data offering, part of the Swiss financial services giant’s evolution into a “one-stop shop” for data and analytics. The latest addition to SIX’s sustainability data armoury will feature climate-specific datasets supplied by MSCI, Inrate and the CDP,…
ISS ESG Enhances Biodiversity Tool to Offer Portfolio Report
The sustainable investment arm of ISS STOXX, ISS ESG, has enhanced its biodiversity assessment product with a new portfolio report, and has expanded the full solution’s coverage to over 17,000 companies. ISS ESG’s Biodiversity Impact Assessment Tool (BIAT) Portfolio Report add-on enables investors to compare a portfolio’s biodiversity risk and impact against a benchmark, and is…
TRG Screen Acquires Xpansion to Strengthen Reference Data Usage Management Capability
TRG Screen, a provider of enterprise subscription spend and usage management software, has increased its commitment to reference data management with the acquisition of Xpansion, a TRG Screen partner and vendor of cloud-based solutions for reference data usage monitoring in the financial services industry. The acquisition follows investment by Vista Equity Partners in TRG Screen…
Duco Names Michael Chin as CEO, Former CEO Christian Nentwich Remains as Board Member
Duco, an SaaS provider of AI-powered data automation, has named Michael Chin as CEO with immediate effect. He succeeds the company’s founder Christian Nentwich, who steps down as CEO after a tenure of over 10 years but remains as a board member. Duco was acquired by Nordic Capital in 2021 and has since accelerated growth…
S&P Global Market Intelligence Integrates Nikkei News with S&P Capital IQ Pro Platform
S&P Global Market Intelligence has integrated Nikkei’s news offering with the S&P Capital IQ Pro (CIQ Pro) platform. The redistribution deal is part of an ongoing partnership struck in 2022 and provides S&P Capital IQ Pro users with insights on financial markets, economies, regulation, company developments, and emerging business trends in Japan and Asia-Pacific (APAC)….
Bloomberg Releases GenAI-Powered Earnings Call Summaries
Bloomberg has released AI-Powered Earnings Call Summaries, the company’s first generative AI (GenAI) product for terminal users. The tool enables users to decipher complex financial information and quickly extract key insights on topics addressed by corporate management teams, such as guidance, capital allocation, hiring and labour plans, the macro environment, new products, supply chain issues,…