A-Team Insight Blogs The latest content from across the platform
People Moves: Alacra, Capco, BGC Partners, Thomson Reuters and more
Some industry people moves, courtesy of Áine Hall at Hawk Search Alacra announced three new additions to its management team, with the appointments of Alan Samuels, Kelvin Dickenson and Kevin Kollar. (Alacra press release.) Capco announced the appointment of Jonathan Rose as a partner in their UK team. (Capco press release.) BGC Partners announced the…
A-Team Webinar Details the Data Management Implications of Solvency II
Solvency II presents major data management challenges for insurance firms, asset managers, their custodians and fund administrators, but compliance can provide opportunities to optimise portfolios, reduce capital holdings and build data architectures that can satisfy not only Solvency II, but also other incoming regulations. The data management implications of Solvency II were discussed recently during…
Goldman Sachs’ Deployment of the Kensho Platform Signals Growing Maturity of Big Data Analytics
Goldman Sachs’ deployment of Kensho’s big data analytics and its investment in the company reflect growing commercial availability of big data analytics solutions and their use in financial services firms to automate analysts’ tasks and support better and faster decision making based on structured and unstructured big data. Kensho, a start-up out of MIT and…
Silverfinch Allies with Fundsquare to Promote Adoption of Solvency II Look-Through Solution
Silverfinch, a business within the MoneyMate Group, has tied up with Fundsquare to push its Solvency II look-through data utility further into the European market. Fundsquare, a data utility set up last year by the Luxembourg Stock Exchange to support cross-border distribution of investment funds, has a larger European footprint than Silverfinch and will make…
SunGard Details Cost and Compliance Issues of BCBS 239
The Basel Committee regulation BCBS 239 could cost the financial services industry $1.5 billion to $2 billion a year as firms remodel their IT architectures to meet the demands of the regulation’s 11 principles – but while the cost of compliance is high, the regulation is a game changer and could improve firms’ profitability. The…
New York Data Management Summit: Mapping Developments in Enterprise Architecture
Enterprise architecture for data management is moving on, leaving behind traditional enterprise data warehouses and embracing the potential of semantic data models, decoupling systems, building on open source platforms, and deploying hybrid solutions. The limitations of existing architectures for data management and the possibilities of emerging ideas were discussed at the fall A-Team Group Data…
New York Data Management Summit: Emerging Data Management Models Could Solve Quality and Cost Problems
New commercial models for enterprise and reference data management differ significantly from those already installed in financial institutions and may be the solution to ongoing problems including reducing costs, improving data quality and providing scale to support increasing data volumes – but as yet they have not been widely accepted and proven in the market….
AIM Software Survey Outlines Pain Points and Planned Investments in Reference Data Management
A shortfall in budgets and an excess of regulations are financial institutions’ biggest reference data management challenges and they are not likely to ease with any speed as firms tackle ongoing needs to increase efficiency, reduce costs, meet regulatory requirements and improve data governance and risk management. AIM Software’s ninth global reference data management survey,…
New York Data Management Summit: Proving the Potential of Utility Solutions for Reference Data Management
Reference data utilities can improve data accuracy, completeness and timeliness, reduce financial firms’ data management costs, and support regulatory compliance – but to be successful they need to mutualise rather than outsource processes and offer flexible data consumption. Presenting a keynote entitled ‘Mutualising Data Governance and Regulatory Compliance Through the Use of a Utilty’ at…
Markit | Genpact KYC Services Builds Out Offer and Names Ex-Goldman Sachs Exec Jon May as CEO
Markit | Genpact KYC Services has marked six months of operation with the appointment of former Goldman Sachs executive Jon May as CEO, the registration of more than 600 buy-side firms and corporations with its Know Your Customer (KYC) service, and the development of workflows that allow large asset managers operating thousands of funds to…