Data Management Insight Blogs The latest content from across the platform
Collaborative Approach to Instrument and Entity Identification Could be the Key, Suggests A-Team Group and CGS
Can commercial initiatives and innovation through partnerships succeed where standards bodies have failed in the world of entity and complex instrument identification? That is the question posed by A-Team Group and Cusip Global Services’ (CGS) most recent whitepaper, “Expanding Global Identifiers in Complex Assets and Other Areas”, and one which, given the focus of the…
Commerzbank Focused on Integration of Dresdner’s Customer Data onto its Central Database
Commerzbank may have fallen foul of the UK regulator earlier this year as a result of transaction reporting errors, but the German bank has been engaged in sorting out some of its underlying data issues by doing some of the groundwork to integrate the customer data acquired as part of its takeover of Dresdner Bank…
Kinetic Partners’ Survey Shows Concerns About the New Regulatory Structure
A survey conducted by Kinetic Partners of over 90 senior figures in the asset management, banking and broking industries shows a lack of confidence in future structures for regulating financial services in the UK. Nearly two thirds (65%) were not confident that the post-FSA structures within the Bank of England will be better than the…
DTCC Opts for Ex-Morgan Stanley Exec Garrison to Head up Technology Development
To support its ambitions to set itself up as utility provider and to ensure that it stays ahead of the technology development curve, the Depository Trust & Clearing Corporation (DTCC) has recruited ex-Morgan Stanley managing director Robert Garrison to head up its IT division. Garrison will join as chief development officer for the division in…
Heads Will Roll
The sobering news this month that a number of financial services firms are already planning to (or likely to be compelled to) drastically reduce their headcounts in the back office could spell trouble for the data management job market, but good news for the vendor community. The profile of the data cause may have risen…
ECSDA Appoints First Secretary General and Opens an Office in Brussels
The European Central Securities Depositories Association (ECSDA) has appointed Soraya Belghazi as its first secretary general. As of 1 September 2010, she will head the office of the association, located right next to the European Commission at Schuman Square in Brussels. Joël Mérère, ECSDA’s chairman, said: “The appointment of Soraya Belghazi and the establishment of…
IMF Publishes Possible Revisions to its Data Quality Assessment Framework
Given the regulatory community’s crackdown on data quality across the financial services industry, the International Monetary Fund’s (IMF) recently published paper on the improvement of its data quality assessment framework indicators is judiciously timed. In the paper, the IMF’s statistics department suggests improvements to its current set of metrics against which to measure the quality,…
Agio Technology Names Nakashian as Head of Client Services
Agio Technology, a provider of managed IT services for premier hedge funds, today announced that it has appointed Nicole Nakashian, former executive director at UBS Investment Bank, as managing director, Client Services. “Nicole was our number one choice to lead Client Services since our inception,” says Bart McDonough, CEO of Agio Technology. “She is very…
EXL and Datanomic Partner to Provide Best in Class Compliance Solutions and Services
ExlService Holdings, a provider of outsourcing and transformation services, and compliance and data management solutions specialist, Datanomic, have combined their complementary capabilities to deliver exceptional compliance solutions and services for joint clients around the globe. This partnership offers customers a new end-to-end service to configure, implement and operationalise compliance screening with execution support at a…
Xtrakter’s Giussani Resurfaces at HSBC, Coughlan Joins Fitch Solutions
Following his departure from Trax platform operator Xtrakter earlier this year, ex-Trax product manager Chad Giussani has joined HSBC as its new global head of IT quality and regulatory reporting. Giussani’s former colleague and ex-Xtrakter marketing and communications manager Conor Coughlan has also resurfaced at Fitch Solutions as its new associate director of global product…