Data Management Insight Blogs The latest content from across the platform
ESMA Data Strategy Proposes More Tech, Less Cost in Reporting Compliance
The European Securities and Markets Authority (ESMA) has published its data strategy for 2023 to 2028. Key agenda points include using new data-related technologies, reducing reporting compliance costs for regulated entities, enabling effective use of data at both EU and national level, and making data more broadly available to the public. The five-year ESMA data…
ESG Standards and Taxonomies Remain in Flux, But Order is on the Horizon
The ways in which financial institutions receive the data they need to fulfil their ESG targets is determined largely by the regulations that cover its disclosure and dissemination. This year will be an important one in this respect; changes to existing regulations, and the taxonomies on which they are based, are due to be introduced,…
Informatica’s Intent to Acquire Privitar Extends Data Access, Privacy and Governance Capabilities of Cloud Platform
Informatica is planning to extend the data access management, privacy and governance capabilities integrated in its Intelligent Data Management Cloud (IDMC) following disclosure of its intent to acquire Privitar. Privitar was founded in London in 2014 with a mission to help data-driven organisations address data privacy concerns and comply with legislation such as General Data…
Banks are Tackling Unique Challenges with ESG Data, Says CGI
Non-retail banks are wrestling with unique data requirements and challenges as they strive to build their ESG capabilities. A combination of factors including weak reporting standards and legacy technology is slowing wholesale lenders’ efforts to gather and use data needed to green their loan books and operations, according to IT and business consulting giant CGI….
GaiaLens Uses AI to Bring Transparency to Sentiment Data
Alternative ESG data provider GaiaLens has harnessed the AI technology behind headline-grabbing app ChatGPT to revamp its news sentiment feed to investors and asset managers. UK-based GaiaLens, which was formed three years ago, said the use of large language technology has helped the company turbo-boost its Momentum product, which scrapes trusted news sources for sentiment…
Quest Software Adds Data Marketplace to Data Intelligence Software Portfolio
Quest Software, a systems management, data protection and security software provider, has added a data marketplace based on the concept of ‘shop, share, and compare’ to its offerings. The data marketplace is included in version 13.0 of Quest’s erwin Data Intelligence solution, and is designed to help data users, stewards and owners find, understand, leverage…
KX Releases PyKX Python Interface to kdb+ for Developer Community, Accelerates Data Science Workflows
KX, provider of the kdb+ time-series database, Data Timehouse, and KDB.AI vector database, has released a new version of PyKX, its Python first interface to kdb+, with a development-only licence. The release expands the reach of KX technology to the more than 10 million strong Python developer community. By giving Python developers the ability to…
Bloomberg Offers Funds Data Solution via Data License
Bloomberg has released Funds Data Solution providing funds and exchange traded products (ETPs) data designed to help clients act on changing investment opportunities and support end-to-end workflows spanning portfolio construction, risk management, due diligence and operations. The solution covers over 135,000 unique funds and 12,000 ETPs that are available as foundational data, holdings, corporate actions,…
Asset Owners’ Group Extends Access to SDG Assessment Tool
As asset owners take more control of their investments, doing the kind of due diligence and research usually associated with asset managers, one group of participants is providing fellow institutions with a novel way to meet their ESG mandates and obligations. Amsterdam-based Sustainable Development Investments Asset Owner Platform (SDI AOP) has partnered with global index…
ICE Benchmark Administration Provides Update on LIBOR Cessation and Synthetic LIBOR
ICE Benchmark Administration (IBA), the authorised and regulated administrator of LIBOR, has provided an update on LIBOR settings yet to be ceased and synthetic LIBOR methodologies. The UK FCA issued its final messages on LIBOR at the end of May 2023, prior to the end of the US dollar LIBOR panel and reminding market participants…