Data Management Insight Blogs The latest content from across the platform
Broadridge Strengthens Team as Market Demand to Streamline Processing Operations Increases
Broadridge Financial Solutions today announced the appointment of two new executives to expand and grow its business in line with industry demand. As financial services firms are increasingly looking for solutions which can streamline processing operations and offer faster routes to market, Broadridge has hired Simon Bennett as Managing Director, Sales, for Broadridge City Networks…
MSCI Expands Family of ESG Indices
MSCI, a leading provider of investment decision support tools worldwide, announced today the launch of 25 new MSCI ESG Indices, including: · MSCI Global ex Controversial Weapons Indices Nine new MSCI ESG Indices have been developed for use by institutional investors, including pension funds, and Universal Owners who wish to avoid investments in cluster bombs,…
Princeton Financial Systems Announces Christian Kuechler as Managing Director
Princeton Financial Systems announced that Christian Küchler has taken over the role of the Managing Director. Christian Küchler, who has been working with the company for eleven years, will now have responsibility for Professional Services, Sales and Marketing activities within Princeton Financial Systems GmbH. He will work together with Linda Kane who is Managing Director…
J.P. Morgan Appointed to Provide Fund Administration Services for Tristan Capital Partners
J.P. Morgan today announced it has been appointed by Tristan Capital Partners, the real estate investment management firm, to provide fund administration and reporting services. J.P. Morgan’s Worldwide Securities Services business will also provide property level data aggregation and reporting. Tristan Capital manages three real estate investment funds with total assets under management of &euro2.8…
UK FSA Highlights “Serious Weaknesses” Within Firms’ AML and Customer Data Management Practices
As part of its crackdown on the industry’s systems and controls around anti-money laundering (AML) data, especially for politically exposed persons (PEPs), which it stepped up last year, the UK Financial Services Authority (FSA) has released the findings of a survey of these practices across the industry that highlights “serious weaknesses” in “many” firms. The…
Virginie’s Blog – OFR Plans to Staff up by September, But are Other Plans Afoot?
The Commodity Futures Trading Commission (CFTC) may have appointed all the industry reps it needs to its data standards subcommittee (see my earlier blog on which here), but the Treasury’s Office of Financial Research (OFR) continues to lag in the appointment process – not least of which is the selection of a director. The agency’s…
Noel Donohoe Appointed DTCC’s New Group Chief Risk Officer
The Depository Trust & Clearing Corporation (DTCC) today announced that it has named Noel Donohoe to a newly created position as Executive Managing Director and Group Chief Risk Officer. A financial services industry leader in global risk management, Donohoe will join DTCC in August, with responsibility for formulating and implementing DTCC¹s overall risk management strategy…
SimCorp Releases System Readiness Assessment for Dodd-Frank
SimCorp, a leading provider of highly specialised software and expertise for the investment industry, has released a white paper discussing the technology considerations a buy-side firm should take into account on its road to Dodd-Frank compliance. The paper, entitled: “Impact of Dodd-Frank on OTC Derivatives: Supporting Central Trading and Clearing” details SimCorp’s recommendations for preparing…
Delaying The Inevitable
Bowing to market pressure, it seems that the SEC has given the financial trading community a little extra time to implement certain aspects of the so-called Market Access Rule covering pre-trade risk. Instead of a July 14 deadline, trading firms, brokerages and exchanges now have a November 30 date to work to for implementing aggregate…
Virginie’s Blog – Keeping an Eye on Google
I noted the announcement of Google’s participation in the Commodity Futures Trading Commission’s new data standards subcommittee this month with interest. Given its potential in the financial services market in the area of data management (in the cloud) and the experience it brings to the table, it’s a surprise that steps hadn’t been taken sooner…