Data Management Insight Blogs The latest content from across the platform
Trading Tech Front and Centre at AFCM Conference in Doha
Last week witnessed an impressive gathering of exchange CEOs and senior market and technology practitioners from across the Middle East and North Africa (MENA) at the Arab Federation of Capital Markets’ (AFCM) annual conference. At the event – this year in Doha, Qatar, and hosted by AFCM general secretary Rami El-Dokany – leaders met to…
BNP Paribas Becomes First EU G-SIB to Join GLEIF Validation Agent Programme
The Global Legal Entity Identifier Foundation (GLEIF) continues to build out the Global LEI System (GLEIS) with the addition of BNP Paribas as a Validation Agent. The addition of BNP Paribas marks the first global systemically important bank (G-SIB) headquartered in the EU to join the Validation Agent programme. Most recently, the GLEIF added Nord…
Out with the Rules: Why MDM Never Delivers on its Promise
By Anthony Deighton, CEO at Tamr. Unifying and managing data across an entire organisation is a battle against siloed systems and inconsistent data standards that reduce operational efficiencies, impair decision-making and compromise customer experiences among many other business impacts. That’s why the promise of Master Data Management (MDM) was so attractive when it first emerged….
Hosting GenAI in the Cloud for RegTech
In his recent letter to shareholders, JP Morgan Chase CEO Jamie Dimon highlighted cloud computing and GenAI as integral components of the firm’s strategy, with 75% of its data and 70% of its applications to be hosted in a combination of public and private clouds this year. Over the past decade, cloud computing has become…
S&P Global’s Cappitech Extends Pirum Collaboration for SEC Rule 10c-1a
Pirum, the London based, post-trade services and securities financing automation vendor and the Cappitech unit of S&P Global Market Intelligence have extended the functionality of their joint Securities Financing Transaction Reporting (SFTR) solution to address the upcoming SEC rule 10c-1a, which covers the reporting of securities lending transactions. The two originally partnered in 2021 to…
ESG Space Has Strengthened Under Pressure, Summit Lead Speaker Says
The ESG space has emerged stronger from a bruising year of criticism, with financial institutions and companies alike taking a more considered approach to integrating sustainability considerations into their operations. That is the message from the lead speaker at this year’s ESG Data and Tech Summit London, who also forecasts that vendors and users will…
FCA Greenwashing Rule Raises Questions Over Data Requirements
The UK will implement its own anti-greenwashing rule at the end of this month but some industry participants are concerned that its data requirements are vague and could be misinterpreted by institutions. The Financial Conduct Authority’s (FCA) rule, part of its broader Sustainability Disclosure Requirement (SDR), expects companies to ensure that any sustainability claims made…
FactSet Expands GenAI Offerings with Portfolio Commentary
FactSet, provider of a financial digital platform and enterprise solutions, has expanded its GenAI offerings with Portfolio Commentary. The solution complements the company’s performance attribution capabilities with detailed and source-linked commentary allowing buy-side and wealth managers to understand key drivers of portfolio performance more holistically. Powered by large language models (LLMs), Portfolio Commentary also reduces…
Snowflake Releases Arctic Open-Source LLM for Complex Enterprise Workloads
Snowflake has released Arctic, an open-source large language model (LLM) designed to deliver top-tier intelligence and efficiency at scale, and optimised for complex enterprise workloads. The company’s debut of its own open-source LLM takes it into competition with the likes of OpenAI’s GPT-4, Google’s Gemini, Meta Platforms’ Llama 2 and Mistral AI’s Mixtral. Snowflake Arctic…
Exactpro Wins Award for Most Innovative Professional Development Initiative in A-Team Group Innovation Awards 2024
Exactpro has won the award for Most Innovative Professional Development Initiative in A-Team Group’s Innovation Awards 2024. These annual awards celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies and techniques to deliver high-value solutions for financial institutions in capital markets. Exactpro’s professional development initiative was selected as an…