Data Management Insight Blogs The latest content from across the platform
European Firms Ready for Next Week’s UPI Regulatory Reporting Deadline
The Derivatives Service Bureau (DSB) has released data on industry readiness for European Unique Product Identifier (UPI) regulatory reporting requirements that are part of EU EMIR Refit regulations. The EU will implement UPI reporting from 29 April 2024, the second G20 jurisdiction to do so following the US that went live from 29 January 2024,…
Nord vLEI Becomes First European GLEIF Qualified vLEI Issuer
Nord vLEI has become the first European-based verifiable LEI (vLEI) issuer qualified by the Global Legal Entity Identifier Foundation (GLEIF). Nord vLEI is a subsidiary of NordLEI, the leading LEI issuer in Scandinavia and eighth largest globally, with more than 165,000 LEIs issued since 2014. The vLEI is a digitised organisational identity that meets global…
Emissions Data Disclosures Jump, MSCI Report Says
More companies are reporting their greenhouse gas data – including Scope 3 emissions – to investors and regulators, according to a report that suggests yawning gaps in corporate ESG records may be closing. Scope 3 data, which tracks the emissions of businesses within corporate supply and distribution chains, is now reported fully or in part…
Colmore Integrates Dasseti Sustainability Tech into PE Data Portal
Post-investment services firm Colmore is the latest company to engage sustainability software provider Dasseti in private markets data processes. The unit of British alternative assets business Preqin coordinates data gathering and other services for limited partners (LPs) and allocators – which largely comprise financial institutional investors. It has integrated Dasseti Collect into its suite of…
Bridgewise Raises $21M to Expand AI Financial Intelligence Platform for Global Securities
Bridgewise, the AI-powered investment analysis platform, has successfully completed a $21 million funding round, increasing its total capital raised to $35 million. The investment was spearheaded by SIX Group and included contributions from Group11 and L4 Venture Builder, along with other global financial institutions. The company provides advanced AI-driven solutions that serve a diverse client…
Snowflake Report Says Asset Servicers Are Using Cloud as Agent of Change
Institutional client services (ICS) providers are harnessing cloud-based technologies to develop new capabilities, including artificial intelligence (AI), as they transform their business models to suit a fast-changing global financial system. In a bid to differentiate themselves they are seizing opportunities offered by cloud processing to “take more control over the assets they traditionally entrust to…
GoldenSource Offers SaaS EDM Solutions on AWS Marketplace
Enterprise data management (EDM) technology provider GoldenSource has made a range of EDM solutions available on AWS Marketplace. Financial services companies including hedge funds, asset managers, asset servicers, custodians, banks and brokers can access third-party software, data, and other services on the cloud platform via the New York- and London-based company’s new AWS Marketplace presence….
The Potential and Pitfalls of Large Language Models
By Tony Seale, Knowledge Graph Engineer at Tier 1 Bank. Large Language Models (LLMs) like ChatGPT possess enormous power, stemming from their capability to ingest and compress vast amounts of general information gathered from the web. However, this capability is general rather than tailored to your specific business needs. To effectively utilise these models in…
New Bloomberg Indices Provide Sovereign Bond Climate-Tilted Benchmarks
Investors seeking to integrate measures of climate transition risk into the portfolio management process **can now benchmark against countries’ climate preparedness via a new set of Bloomberg indices. The Bloomberg Government Climate Tilted Bond Index family integrates carbon-reduction performance and other factors into sovereign bond indices. They are built with Bloomberg’s proprietary Government Climate Scores, which…
$10m Cash Injection Adds Fuel to IDL Growth
Iceberg Data Lab’s (IDL) meteoric growth has been given another boost. The Paris-based ESG data start-up last week received a US$10 million cash injection in a series A funding round. The company, which uses artificial intelligence to power a data model that founder Matthieu Maurin boasts has “no data gaps”, received backing from investors including…