Data Management Insight Blogs The latest content from across the platform
GLEIF Names Dessa Glasser as Chair of the Board
Dessa Glasser, principal of the Financial Risk Group, has been appointed chair of the Global LEI Foundation (GLEIF). An existing GLEIF board member and chair of the organisation’s risk committee, Glasser was elected and became chair on 25 June 2023. Her mission is to continue to evolve and expand the Global LEI System to enable…
EU’s Landmark MiCA Framework Affirms Value of LEI in Crypto-Asset Regulation
By Stephan Wolf, CEO of the Global LEI Foundation. With the crypto-asset market experiencing sustained instability and volatility following the high-profile collapse of the cryptocurrency exchange FTX, regulatory activities have taken on new intensity and urgency. Emergent initiatives are being realised, and in May 2023, the EU finally adopted the long-awaited and much-debated Markets in…
Webinar Preview: Bringing ESG and Enterprise Data Together
ESG data is of greatest value when it is integrated with other data sets. The challenge is making that happen. With sustainability investors requiring ever-more nuanced and esoteric datasets to give them the most holistic view of their portfolios, the volume of non-standard and unstructured data they absorb into their systems is growing. Standardising, cleaning…
UK Issues Code of Conduct Proposal for ESG Ratings
Leading financial bodies have welcomed a proposed voluntary code of conduct for ESG ratings providers, which has been launched in the UK to improve confidence in a sector that’s growing in importance for financial institutions. The document, published on July 5, suggests a six-principles approach to bringing order to ESG ratings whose providers face criticism…
TNFD Signals Launch of Free Nature-based Data Repository
Investors could soon have access to two free, centralised repositories of sustainability data following the announcement by a leading biodiversity standards setter that it is mulling the creation of a publicly accessible knowledge store. The plan was announced as heads of state, bankers and environmentalists gathered in Paris to discuss ways of making the global…
Moody’s and Microsoft Partner on Next-Gen Solutions Including Generative AI
Strategic Partnership for Next-Gen Solutions Built on Microsoft Azure OpenAI Service, Microsoft Fabric, and Microsoft Teams and Moody’s Proprietary Data to Empower Financial Services, Capital Markets and More Moody’s and Microsoft have made a strategic partnership to co-create next-generation data, analytics, research, collaboration and risk solutions for financial services. The solutions will be built by…
Bloomberg Extends Access to Cloud Data with DL+ Snowflake Native App
Bloomberg has released a Data License Plus (DL+) Snowflake native app that will allow mutual customers to provision Bloomberg Data License subscriptions in the Snowflake data cloud and configure a ready-to-use environment that is hydrated with modelled Bloomberg data and multi-vendor ESG content in minutes. DL+ is Bloomberg’s cloud-based data management solution that aggregates, organises…
DSB Publishes Final Report on 2023 Industry Consultation Covering ISIN and CFI
The Derivatives Service Bureau (DSB) has published its 2023 industry consultation final report covering 2024 service provision of the OTC International Securities Identification Number (ISIN) and Classification Financial Instrument code (CFI). The report summarises feedback on the introduction of a security operations centre and provides insight into industry perspectives on the implementation of a revised…
ISSB Rules Hailed for Bringing Data Clarity, Comparability
The first fruits of the International Sustainability Standards Board’s (ISSB’s) 18 months of work hammering out a set reporting rules that could be applied globally has been welcomed by participants in the financial data and technology industries. The body’s first two sets of disclosure standards, described as “ground-breaking” by the board’s chair Emmanuel Faber, have…
Finastra, Green RWA Launch Free-to-Use Climate Risk Tool in Development Sandbox
Finastra has lent its FinTech expertise and capabilities to an initiative that’s building a model to help banks boost their resilience to climate risks. The London-based company has devised an interface that enables financial institutions, regulators and the public to access the Climate-Extended Risk Model (CERM) risk framework. Users, by their participation, also contribute ideas…