Data Management Insight Blogs The latest content from across the platform
Lack of Consistent Sanctions and Risk Customer Screening Standards Exposes Firms to Heightened Compliance Risk
Many large financial institutions are failing to implement consistent policies and procedures for sanctions, Politically Exposed Persons (PEP) and customer risk screening due to inconsistent, legacy-based systems, according to compliance screening and data management specialists, Datanomic. Fragmented and inconsistent legacy platforms with different criteria and capabilities deployed across multiple departments and/or countries are resulting in…
Fighting Back?
The mood in the industry this month seems to be one of serious assertiveness. Not only did market participants give a piece of their minds to data vendors at the bi-annual World Financial Information Conference (WFIC) in Athens, early in October, but the EDM Council also saw an uprising of sorts against the proposals surrounding…
Fincad Launches its Expanded Analytics Suite to Address Market Volatility
Fincad today announced the launch of Fincad Analytics Suite 2010. Fincad has made substantial enhancements to its analytics library in response to credit market disruptions, high volatility and regulatory compliance requirements. Interest rate curve improvements further enhance Fincad’s curve building techniques and add additional flexibility to Analytics Suite products. Responding to market anomalies, these improvements…
Eagle Investment Systems Sets up Shop in Singapore, Adds Thomson Reuters’ Lim and Tan to New Asian Team
In line with the current trend within the data management solution vendor community towards establishing an Asian presence, Eagle Investment Systems has added its own to the mix with the opening of an office in Singapore. The US headquartered subsidiary of Bank of New York Mellon Asset Servicing has decided to establish an on the…
Information Mosaic Poaches TCS’ Singh to Spearhead New Indian Operations
In another instance of what seems to be a recent spate of corporate actions vendor musical chairs, Information Mosaic has poached Tata Consultancy Services’ (TCS) Manmohan Singh to help it establish a new office in India. Singh brings with him his management team in order to establish a new development facility for the vendor in…
QuIC Financial Technologies to Host Series of Credit Valuation Adjustment Seminars in Asia Pacific
QuIC Financial Technologies, a global solutions provider of risk management, pricing and financial analytics, today announced that following the overwhelming success and interest in the company’s CVA Solution in Europe and North America, QuIC aims to build on its global CVA leadership with a series of CVA seminars in the Asia Pacific region. Responding to…
3L3 Committees Publish New Paper on Supervisory Practices for Money Laundering Directive
The three European level three (3L3) committees, the Committee of European Securities Regulators (CESR), the Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pension Supervisors (CEIOPS), have this week turned their attention to the area of anti-money laundering (AML) with the publication of a new report. The 3L3’s Anti-Money…
Is Cloud Computing an Answer to Risk and Reference Data Storage?
This week’s FS Club debate on cloud computing suggested that despite all the confusion around the exact definition of a cloud, what it does represent is potential for the future in terms of data storage. Nick Davies, chief technology officer for Lombard Risk Management, suggested that a private cloud could be used for purposes such…
Barr Jumps Ship from Thomson Reuters and Lands at Investment Company Bridgewater Associates
Almost a year after he changed roles at Thomson Reuters and moved to Switzerland, Gary Barr has left the vendor and joined investment company Bridgewater Associates in a research data role. During most of his time at Thomson Reuters Barr was heavily involved in the data management space in the Enterprise division but at the…
Fitch Solutions Launches Custom Data Service for Credit Markets
Managing data from multiple sources is proving to be troublesome for most firms and even more so in a stressed economy, according to Fitch Solutions, a division of the Fitch Group. In response, Fitch Solutions has launched an integrated data service (IDS) to meet growing user demand for a single, customisable feed platform covering data…