Data Management Insight Blogs The latest content from across the platform
CMA Finally Fills CEO Role with Appointment of Ex-Icap MD Kohler
Following the announcement of the departure of outgoing CEO Laurent Paulhac in September last year, credit derivatives data provider Credit Market Analysis (CMA) has spent the last nine months looking for a suitable replacement. This week, the vendor announced it has finally found such an individual in the form of ex-Icap managing director Antoine Kohler….
XBRL Tagging of Corporate Actions Could Save the Industry US$400m per Year, According to DTCC, Swift and XBRL US Case Study
As promised by David Hands, director of asset services product management at DTCC Solutions, back in April, the group working on the XBRL and ISO mapping initiative has finally published its case study to illustrate why firms should adopt XBRL tagging for corporate actions. And that reason comes in the form of an estimated saving…
Wall Street Reform Bill Debate to Cover Office of Financial Research
Up until now, the proposals for the creation of a reference data utility in the form of the Office of Financial Research have largely passed under the radar during the regulatory reform debates in the US. However, data issues are set to be a key topic of discussion this week with the Office of Financial…
Appetite for Outsourcing has Risen to Due to Concern About Regulation and Reputational Risk, Says MoneyMate’s Brennan
Despite the fear of outsourcing that has dominated the financial services community over the last few years, firms are now increasingly open to discussions about the subject, according to recent research by buy side focused, data quality management solution vendor MoneyMate. The majority of the 40 US and UK-based investment managers involved in the vendor’s…
FinAnalytica Integrates FINCAD Analytics in New Cognity Release for Full Multi-Asset and Multi-Strategy Coverage
FINCAD, a provider of derivatives analytics, today announced that FinAnalytica, a provider of real world portfolio risk solutions for asset managers, hedge funds and multi-manager funds, has expanded its derivatives pricing coverage by embedding the firm’s Analytics Suite into Version 3.2 of Cognity, its flagship platform. Cognity, FinAnalytica’s risk management and portfolio allocation platform, directly…
MoneyMate Survey Reveals Buy Side Demand for Automation and Outsourcing of Data Management Processes
MoneyMate, a provider of investment data quality management solutions, today announced the results of a survey focused on the data management issues and challenges facing the asset management community today. Fifty percent of survey respondents indicated that manual processes are the greatest challenge in bringing their product data to market. Other challenges include timeliness (37.5%…
DTCC, SWIFT & XBRL US Unveil Business Case for Corporate Actions Automation
The Depository Trust & Clearing Corporation (DTCC), SWIFT and XBRL US today announced the results of a business case advocating a transformation in the way corporate actions announcements are communicated in the United States, allowing investors to receive information on such corporate actions as mergers, dividends, stock splits and other events in a more timely,…
Armour Appointed to Lead DST Global Solutions Business Process Solutions Division
DST Global Solutions has appointed Tony Armour as Managing Director of the company’s Business Process Solutions (BPS) division. Armour will be responsible for building on the organisation’s success in delivering solutions to the financial services industry as well as identifying and penetrating new and emerging markets. DST Global Solutions’ BPS business provides solutions to the…
Systemic Risk Regulator Should Resemble the CRO Function and Data Utility is Likely to be Too Costly
The 22 respondents to the Securities Industry and Financial Markets Association’s recent survey (Sifma) believe that regardless of the exact structure of the systemic risk regulator, its roles and responsibilities for the overall markets should reflect those of a firm’s chief risk officer (CRO). The Sifma member firms, regulators, clearing counterparties (CCPs) and exchanges involved…
JWG’s MiFID League Table Includes Four Main Reference Data Considerations
As previously noted by Reference Data Review, the current review of MiFID encompasses a whole host of reference data issues, which think tank JWG has handily included in its recently updated MiFID league table. The four main reference data changes comprise the new requirements for counterparty and client identifiers, the extension of post-trade data requirements, changes to…