Data Management Insight Blogs The latest content from across the platform
European Systemic Risk Board Established
The legislation establishing the European Systemic Risk Board (ESRB) came into force today. The seat of the ESRB is in Frankfurt am Main and its Secretariat is ensured by the European Central Bank (ECB). The ESRB is an independent EU body responsible for the macro-prudential oversight of the financial system within the Union. It shall…
Eagle’s Lehner Talks up SaaS, Integration, Global Expansion and Regulation for 2011
Following its decision to move Asian and EMEA managing director John Legrand from his London base out to Singapore earlier this year, Eagle Investment Systems has been actively bolstering its on the ground presence in the two regions and this hiring drive will continue into 2011, according to CEO and president John Lehner. The EDM…
UK FSA Sends Out Yet Another Reminder of 31 December Deadline for SCV Compliance
The UK Financial Services Authority (FSA) has this week sent out another letter (there have been a fair few sent out over the course of this year) to firms’ compliance offices in order to remind them of the 31 December 2010 deadline for compliance with the incoming Financial Services Compensation Scheme (FSCS) Single Customer View…
Asset Control Responds to Growing Data Management Demand with New Hires, Offices
Asset Control, the worldwide leader in financial data management solutions, announced today business expansion efforts including new office openings and the addition of sales staff in Asia and North America to meet growing customer demand. Asia In addition to its office in Hong Kong, Asset Control has opened a new office in Tokyo, Japan. Akifumi…
Kurtosys Announces the Availability of Their Next Generation Reporting Solution
Kurtosys Systems Limited – a global provider of client communications solutions, products and services today announces the availability of their next generation reporting solution. Kurtosys Reporting Solution (KRS) represents the results of research into trends within client servicing and valued input from Kurtosys’ customers and partners to make available a truly business user friendly solution…
Credit Suisse Adopts SSPA Terminology for Structured Products
Credit Suisse announced today that from the start of January 2011, the bank will align the terminology for its structured products with the categorisation model of the Swiss Structured Products Association (SSPA). This step is a measure to increase coherence of terminology and the comparability of products in the future. Credit Suisse has decided to…
Swift Contemplates Use of Online Platform for Collaborative Standards Development
Swift has spent a lot of this year focused on honing its standards development message for the market and, in this vein, lead standards analyst Tom Alaerts has suggested that the industry network operator could use social media and an online platform to improve the standards development process itself. By providing a forum for open…
UK FSA Fines Scottish Equitable £2.8m for Customer Data Management Failures
The UK Financial Services Authority (FSA) has fined Scottish Equitable Plc £2.8 million for failures related to the management of its customer data that the regulator says caused “significant consumer detriment”. In the vein of other fines meted out by the FSA over the course of this year, the action against Scottish Equitable, which will…
Patni Computer Systems Unveils Reference Data Management Solution for Financial Services Firms
Patni Computer Systems, a global IT and BPO services provider, today introduced PatniRADAR, a multi-step Reference and Data Rationalisation (RADAR) program that will help financial services companies mitigate their risk and rationalise the cost of managing their reference data. PatniRADAR is a fixed-price, fixed-deliverable solution, with a short-duration engagement, aimed at achieving significant and quick…
Great Eastern Life Selects Eagle’s Enterprise Data Management Platform
Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that Great Eastern Life, Singapore’s leading life insurance group, has selected Eagle’s enterprise data management solution to consolidate and aggregate its investment data to help streamline its operations and respond to regulatory requirements. Data management remains a priority…