Data Management Insight Blogs The latest content from across the platform
IASB Kicks off Public Consultation About Future Focus of IFRS Work Plan
The International Accounting Standards Board (IASB) has asked the industry to provide feedback about its future priorities, as Europe pauses before implementing fair value standards and the standard body awaits a decision from the US about adoption of International Financial Reporting Standards (IFRS). IASB chairman Hans Hoogervorst stated this week that the consultation comes “at…
Large Trader Reporting and the Data Nightmare
Continuing on my ‘busy summer’ theme and adding to the seemingly constant barrage of new regulatory requirements, the Securities Exchange Commission (SEC) has this week voted unanimously to adopt a new rule establishing large trader reporting requirements (see the release on the SEC’s website here). Of course, the aim of the new rule (as with…
Opinion: Risk Management Nirvana Comes Together in the Form of Real-time
By Dale Stevens, business development director for Capital Markets at SAS UK The case for real-time risk management was made clear in report published by Lepus earlier this week. The report is based on interviews with senior representatives from four global banks and two independent consultants with extensive past experience in the field of risk….
EIOPA Publishes XBRL Template and Taxonomy Proposals for Solvency II Quantitative Reporting
The European Insurance and Occupational Pensions Authority (EIOPA), one of the three industry focused, European level bodies that was created at the start if the year, has released its proposals for XBRL-based templates and a new taxonomy to be used when sending quantitative reports to the regulator as part of their compliance requirements under Solvency…
State Street and InfraHedge Form Strategic Alliance to Offer Enhanced Capabilities to Institutional Investors in Hedge Funds
State Street, one of the world’s leading providers of financial services to institutional investors, and InfraHedge, a UK-based company providing an independent governance and risk management infrastructure for institutional investors to invest in hedge funds through managed accounts, today announced a new strategic alliance marked by State Street’s majority equity investment in InfraHedge. As the…
JPMorgan Chase Bank, N.A. Signs for FRSGlobal’s Local Regulatory Reporting Solution for Hong Kong and Singapore
FRSGlobal, part of Wolters Kluwer Financial Services, a leading worldwide provider of compliance and risk management solutions for the financial services industry, today announced that JPMorgan Chase Bank, N.A has chosen its web-enabled local regulatory reporting solution for Hong Kong and Singapore. JPMorgan Chase, N.A. selected FRSGlobal after a selection process in which many factors…
CFTC’s New Data Standardisation Subcommittee Plans 5 August Public Meeting
Following the establishment of its new subcommittee on data standardisation under the auspices of its Technology Advisory Committee (TAC) in June, the Commodity Futures Trading Commission (CFTC) has announced that the first public meeting of the new group will take place at 1pm (EDT) on 5 August at the regulator’s conference centre facilities in Washington….
MoneyMate Launches DataManager Version 1.6
MoneyMate, a specialist provider of investment data quality management solutions, today announced the availability of version 1.6 of DataManager, a cloud platform that enables global asset managers to oversee and control the quality, accuracy and timeliness of their client-facing product data. Featured additions to the platform include a new micro-site module and increased functionality around…
Pricing Partners Introduces Brazilian Swaps Pricing
Pricing Partners announced today that the Price-it solution has been upgraded to support Brazilian swap conventions. The BRL swap market uses indeed different convention from other swap markets. First of all, the year fraction between two dates is computed as the difference of business days between the two dates divided by 252. Secondly, the fixed…
DataFlux Adds Data Governance, Workflow Enhancements to Master Data Management Solution
DataFlux , a leading provider of data management solutions, today announced the release of the DataFlux qMDM Solution v3.0, the latest release of its enterprise MDM technology designed from a single data management framework. This version of DataFlux qMDM includes an enhanced user interface to provide more comprehensive data governance and workflow controls for data…