Data Management Insight Blogs The latest content from across the platform
Bloomberg Wins A-Team Group Award for Most Innovative Data Standards Initiative
Bloomberg has won the award for Most Innovative Data Standards Initiative in A-Team Group’s Innovation Awards 2023. The awards celebrate innovative solutions, projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. Bloomberg’s data standards initiative, the Financial Instrument…
ESG Ratings Providers See Calls for Regulation Snowball
The knives are out for ESG rating firms. Often criticised for their lack of consistency in assessing companies’ sustainability and ESG performances, ratings providers are now the subject of regulatory scrutiny with UK officials last week saying such companies were failing green markets. The Financial Conduct Authority (FCA) said the opacity of the methodologies of…
Quantexa Secures $129 Million Funding to Drive Product Innovation and Global Growth
Quantexa, a decision intelligence and AI provider, has completed a $129 million Series E funding round. This investment secures the UK company’s unicorn status – a privately held startup with a value over $1 billion – with a valuation of $1.8 billion, and will accelerate execution of its growth strategy. The round was led by…
ISS ESG Creates Cybersecurity Score, Index as Investors Link Data Protection to ESG
Cybersecurity used to be regarded purely as a technology and operations issue. But more and more investors are drawing a line between vigilance against data breaches and ESG performance. Protecting personal privacy of corporate employees and customers through the security of data is widely viewed today as falling under the social pillar of ESG. Further,…
Solidatus and BigID Partner to Provide Enhanced Metadata Visibility
Solidatus has partnered BigID, a platform for data security, privacy, compliance and governance, to provide a best-in-breed solution offering enhanced metadata visibility. The partnership is a response to requests from joint customers and will give users an active governance blueprint, delivering dynamic and real-time visualisation of the flow of data across the enterprise. Organisations can…
Strategy and Tools for Tracking Licensed Data Within Financial Services
By Neil Sandle, Head of Product Management, Alveo. Indices are tools used to track how asset classes, industry sectors, market segments, and a host of other physical and virtual sets of data perform over time. Leading examples can be found in the realm of financial services, in particular with stock markets, where the FTSE 100,…
How to Achieve Successful Data Transformation for Long Term Business Value
Demonstrating business value from data transformation pivots on quick wins with measurable outcomes, a focus on data quality, developing a strong data culture, ensuring management buy-in, and dealing with everyday change such as the forthcoming implementation of Consumer Duty Regulation. A CDO panel at A-Team Group’s recent Data Management Summit London dived into the detail…
Finastra ESG Service Seeks to Automate ESG Loan Premia Calculation for Banks
Loan pricing is a complicated business that’s being given an added shot of complexity by the requirement that borrowers’ ESG-linked performance be factored into the calculations. It’s a challenge that financial technology provider Finastra has sought to solve with a new “standalone” solution to complement its widely used Loan IQ corporate lending servicing system. The…
KX Offers Data Timehouse Platform on Microsoft Azure
FD Technologies, which acquired Kx Systems in 2018, has announced general availability of kdb Insights Enterprise on Microsoft Azure, an enterprise ready, real-time analytics engine with the kdb time series database (kdb) at its core, and running natively on Azure. FD says the solution represents the industry’s first Data Timehouse, a new class of data…
Optimising ISO 20022 for Cross-Border Payments
Why the LEI and BIC are a Perfect Fit for a Truly Global Identification Scheme By Clare Rowley, Head of Business Operations, GLEIF. Challenges in the cross-border payments market include high costs, low speed, limited access, and insufficient transparency. In October 2020, the G20 endorsed a roadmap to enhance cross-border payments. The roadmap was developed…