Data Management Insight Blogs The latest content from across the platform
Good Governance the Best Foundation for a Strong ESG Strategy, Webinar Told
Data is essential for financial institutions seeking to demonstrate to investors, customers and regulators that they are behaving sustainably. But that can’t happen until the data is properly managed and governed, a panel of experts told an A-Team ESG Insight webinar. While there are challenges to getting that right, it’s essential that firms pay special attention to…
A-Team Innovation Briefing Discusses Data Mesh, Transition to Cloud, Use of AI
A-Team Group’s Innovation Briefing series got off to a great start in London last week with an event dedicated to innovation in cloud. The briefing included practitioner interviews, provided insight into how to modernise data infrastructure, and reviewed technologies driving change. The case for data mesh Kicking off the briefing, and raising several delegate questions,…
FSB Explores Potential of Adding LEIs to Cross-Border Payments
The Financial Stability Board (FSB) is encouraging greater adoption of the Legal Entity Identifier (LEI) in a report exploring its potential in cross-border payments. No implementation mandates are suggested, although the report does identify how the LEI could be a useful addition to payment transactions. The LEI is currently mandated for use in OTC derivatives…
Fenergo Brings KYC Processes to the aid of ESG Reporting
Fenergo has released a software-as-a-service regulatory and risk product designed to bring smaller businesses within the reach of ESG reporting frameworks, potentially closing gaps in supply chain sustainability data. Two years in the making, the Dublin-based company’s latest product will provide its financial clients with the infrastructure to gather and compile sustainability data in a…
CDO Pioneer Peter Serenita Retires from Scotiabank After Distinguished Career in Capital Markets
Peter Serenita, a pioneer of the CDO role and a popular speaker at A-Team Group’s Data Management Insight Summits, has retired after a distinguished career spanning more than 20 years in capital markets data management. In a LinkedIn post early this week, Serenita wrote: “Well, the time has come. I have officially retired. I have…
Databricks Extends Capabilities of Lakehouse Data and AI Platform
Databricks, provider of the Lakehouse data and AI platform, has extended the platform’s capabilities with the addition of advanced data warehousing and governance, data sharing innovations including an analytics marketplace and data clean rooms for data collaboration, automatic cost optimisation for ETL operations, and machine learning (ML) lifecycle improvements. The company, founded by the creators…
GoldenSource Releases Cloud Data Services Designed to Improve Data Management in Data Lakes and Warehouses
GoldenSource has made its first move since being acquired in May 2022 by Gemspring Capital with the release of cloud data services designed to help financial institutions improve data management in data lakes and warehouses. The company notes increasing use of cloud data platforms and warehouses, and the ease of data access, but also the…
Webinar Preview: ESG Data Needs Proper Governance to Avoid Greenwashing
Organisations must resist the temptation to take a relaxed view of their ESG data in the absence of written governance rules, a data management expert has warned. As investors and regulators put more pressure on financial institutions and companies to get their ESG processes in order, the risk of reputational and financial damage has risen…
ESMA and IIF Focus Their Targets on Frustration Over ESG Ratings and Data
The European financial regulator and an Institute of International Finance (IIF) have called for an urgent rethink of ESG ratings and data, saying that the need for accurate sustainability information is becoming more pressing as climate change accelerates. The European Securities and Markets Authority (ESMA) has weighed in on ratings providers, saying that respondents to…
Derivatives Service Bureau Delays Implementation of Unique Product Identifier
The Derivatives Service Bureau (DSB) has delayed implementation of the Unique Product Identifier (UPI), which was initially due to go live in Q3 2022, but will now be implemented in response to regulatory mandates, the first of which is expected to come from the CFTC in November 2023. The decision to delay implementation and wait…