RegTech Insight Blogs The latest content from across the platform
The Need for Governance in Data Centralization Projects Selected extracts of a white paper by Steve French, Azimuth Financial
Many organizations have attempted to create centralized data groups (CDGs) responsible for sourcing, maintaining and distributing core data to all departments. There are clear reasons for doing this: efficiency, consistency, data quality, risk and regulatory compliance. However, despite all of these drivers, very few organizations have created CDGs. Of the top 20 investment banks (as…
The World According to RDUG
Corporate Actions has rightfully been in the limelight of late. The RDUG Corporate Actions Working Group has just released an Interim White Paper with the assistance of both practitioners and suppliers which examines the benefits of automation and presents a breakthrough in mapping electronic document templates upstream to ISO 15022 messaging downstream, comments Dr Anthony…
Reuters Pulls Together Reference Data; Real-Time Feeds for Enterprise Solution
With the growth rates of Reuters Datascope business “turning heads” internally, its manager has now been charged with taking over Reuters’ real-time data feeds business which will be merged with the reference data business under the “Reuters Enterprise Information” banner. The move marks recognition by Reuters of the way its clients are increasingly doing business:…
Cicada Hires Mahoney, Promotes Schachne, Moves Bennett
Carole Mahoney has joined the sales team of data management technology firm Cicada in London. Mahoney joins from Soliton, where she was director of UK sales. Prior to that, she was with Reuters for 12 years in various sales marketing and product management roles. At Cicada, Mahoney will become vice president of European Sales reporting…
The Appliance of Science to the Enterprise
The era of enterprise data appears to be dawning – finally. Listening to John Fleming talk at an industry event in New York, it began to occur to us that the world is finally understanding the importance of data, not for its own sake, per se, but as an enabler. Fleming’s project at Morgan Stanley…
Baseline Capital Expands Mortgage Data for Basel II Credit Risk
Baseline Capital has expanded its data pool of mortgage data, which it is using to build models required for an Advanced-IRB approach to Basel II credit risk. The additional data comes from eight U.K. mortgage lenders that have agreed to contribute their data.
FT Interactive Redesigns FTS; Considers New Content for 2005
FT Interactive Data has redesigned its core European product FTS to provide easier and faster access to its data and is aiming to move clients to the ‘new look’ version by the end of Q1 2005. The redesign of the online portfolio administration tool offers faster data access by reducing the number of requests for…
Sydbank Buys SmartStream Corporate Actions Software
Denmark’s fourth largest bank Sydbank has licensed SmartStream Technologies corporate actions processing software TLMR to automate its corporate actions processing. The solution will be implemented by Sydbank’s outsourced IT services provider Bankdata by mid-2005. TLMR automates front-to-back processing of mandatory and voluntary events, providing data capture from multiple sources, cleansing, processing and accounting services. Egon…
… While Asset Control Adds CB.Net SSIs; S&P Ratings
Asset Control has added new content sets in deals with CB.Net and Standard & Poors. It follows Omicronn and ACE (Reference Data Review, November 2004) in integrating CB.Net’s BankSearchPlus international payments directory into its AC Plus data management system. Ken Payne, director of sales and marketing at Asset Control, says, “Our customers have expressed strong…
Citadel Investment Group Implements Asset Control’s AC Plus…
Asset Control’s data management solution AC Plus has been implemented at Citadel Investment Group. The Chicago-based alternative investments firm considered a range of vendors including Cicada, Factset, Mercator, SunGard Data Management Systems, and Soliton. The deployment includes significant new enhancements co-developed by the two firms. These include an extension and streamlining of the data model…