Data Management Insight Blogs The latest content from across the platform

Operational Inefficiencies Costing Banks $3.3trn: Fenergo

New research from client lifecycle management provider Fenergo reveals that slow and manual onboarding processes could lead to commercial and business banks individually losing $4.5 billion in revenue if they don’t bring their technology and systems up to date. With onboarding times rising by an average of three weeks in the last 12 months, if…

Confluence Technologies Acquires StatPro Group in £161m Deal

US-based ConfluenceTechnologies, a provider of investment data management automation for regulatory, financial and investor reporting, has acquired the UK’s StatPro Group (StatPro), a specialist in cloud-based portfolio analytic software, asset data services and data management tools for the global asset management industry and asset management service providers. The all-cash transaction, amounting to around £161.1 million…

ASG Announces New Model for Data Intelligence

ASG Technologies, at its annual EVOLVE customer conference held in Florida last week, announced a dynamic new trust scoring capability for ASG Data Intelligence, its metadata management solution, designed to help Chief Data Officers provide self-service access to trusted data. With a (patent pending) trust model, the new solution will help data consumers to identify…

Asset Control Adds PaSSPort, a Low-cost, Managed Data Service for Specific Use Cases

Asset Control has extended its managed services capability with the release of PaSSPort, a managed data service designed to augment infrastructure with specific use cases quickly and at a relatively low price point. PaSSPort builds on the company’s AC PaSS managed services that were introduced as enterprise solutions early this year and have gained traction…

ASG Technologies Accelerates Automation Processes with Zenith Platform

ASG Technologies has released ASG-Zenith, a digital automation platform designed to increase competitiveness by accelerating and simplifying automation processes using technologies and services that are integrated through the company’s visual design environment, ASG-Studio. The platform’s low-code/no-code approach means business users and IT can work together using their knowledge to accelerate delivery of automated processes. ASG-Zenith…

ANNA Forms Technology Taskforce to Look at Standard Identifiers for Digital Assets

The Association of National Numbering Agencies (ANNA) has formed a Technology Taskforce (TF-22) on digital assets to look at how standard International Securities Identification Numbers (ISINs) could be used to identify assets such as tokens and cryptocurrencies. This push for standards harmonisation reflects ANNA’s aim to support a transparent, compliant and efficient financial markets structure,…

A Dive Into the Detail of Sourcing and Managing Data for FRTB

There is no silver bullet for compliance with the Fundamental Review of the Trading Book (FRTB). The data sourcing and management requirements of the regulation are among the most difficult that capital markets participants have ever faced, the cost of implementation can be crippling, and the January 2022 compliance deadline has been finalised. So, how…

BIS Publishes New Guidance on CDE Governance

The Bank of International Settlements (BIS), parent of the Basel Committee, has published new guidance on global governance arrangements to harmonise the usage and reporting of critical OTC derivatives data elements (CDE). The new guidelines follow the decision taken by the G20 back in 2009 requiring all OTC derivatives transactions to be reported to trade…

S&P Global Market Intelligence Adds Textual Data Analytics to Xpressfeed

S&P Global Market Intelligence has added Textual Data Analytics (TDA), which applies natural language processing (NLP) to unstructured data and generates sentiment scores and behavioural metrics based on company transcripts, to Xpressfeed. The textual data analytics provide alternative datasets to support investment decisions and add to machine readable transcripts already available through Xpressfeed. The TDA…

CUNA Mutual Group Implements IHS Markit Solutions as a Cloud-based Managed Service

CUNA Mutual Group, an insurance and financial services company working with cooperatives, credit unions, their members, and other customers worldwide, is following the industry trend of decreasing supplier numbers, moving to the cloud, and consolidating end-to-end solutions as it replaces its front-office trade management system. The company has selected IHS Markit to fulfil its need…