A-Team Insight Blogs The latest content from across the platform
Systemic Risk Does Not Just Impact Data Management, Warns Northern Trust’s Skinner
Although a lot has been said about the data management impacts of systemic risk monitoring, data managers must not lose sight of the bigger picture, Nick Skinner, head of data management strategy at custodian bank Northern Trust, warned attendees at this week’s EDM Council and Headstrong event in London. The push by regulators to more…
Data Management is Now Partnering with Risk and Compliance, Rather than Being a Poor Second Cousin, Says RBC’s Sutton
The increased attention being focused on data management by senior execs has resulted in the function being viewed as more of a partner to risk or compliance teams within financial institutions, according to Julia Sutton, global head of customer data and onboarding at Royal Bank of Canada (RBC). Speaking at the recent EDM Council and…
Even Corporate Actions Processing Needs to Keep up with the Xbox Generation, Says XSP’s Farrell
Corporate actions solution vendor XSP’s recent decision to introduce a mobile application on which clients can view corporate actions notifications and can process responses and elections was prompted by client requests and the ability to keep up with the future requirements of the market, according to CEO Brendan Farrell. The focus has been on allowing clients…
Numerix Continues Expansion Across Asia Pacific; Opens Sales Office in Australia
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, has opened a new regional sales office in Sydney, Australia. The new Sydney office increases the total number of Numerix Asia-Pacific (APAC) offices to seven. The office will be managed by Jack Drewe, regional sales director, who is responsible for the Australian and…
Software AG Acquires Data Foundations for Process Driven Master Data Management
Software AG today announced the introduction of process-driven Master Data Management through the acquisition of New Jersey-based Data Foundations Inc. Data Foundations is a provider of Master Data Management (MDM) software, used to optimise an organisation’s business performance. MDM gives organisations consistent and reliable information from differing data sources which can be utilised by virtually…
IOSCO Forms Coordination Task Force for OTC Derivatives, Data Standards on the Agenda
The Technical Committee of the International Organisation of Securities Commissions (IOSCO) has formed a new Task Force on OTC Derivatives Regulation in order to coordinate securities and futures regulators’ efforts to work together in the development of supervisory and oversight structures for these markets; one aspect of which will be defining data standards for regulatory…
TIBCO and Trillium Software Agreement to Enhance Mission Critical Enterprise Data Quality
TIBCO Software today announced that it has entered into an agreement with Harte-Hanks Trillium Software to help organisations eliminate information quality errors, become efficient in their business activities, and accelerate critical processes such as a new product launch, vendor on-boarding or customer cross-sell/up-sell. Combining TIBCO’s master data management (MDM) software with Trillium Software’s information quality…
DTCC’S Global Corporate Actions Validation Service Adds Equity Derivatives Coverage
The Depository Trust & Clearing Corporation (DTCC) today announced that it has expanded its Global Corporate Actions Validation Service (GCA VS) coverage to include listed equity derivatives, effective immediately. Historically, financial services firms had to use manual processes to locate and adjust derivatives contracts to account for the effects of corporate actions (such as stock…
Fitch Solutions Appoints Joao Garcia to Lead its Quantitative Analytics Group
Fitch Solutions, a division of the Fitch Group, is pleased to announce the appointment of Joao Garcia as the managing director for its Quantitative Analytics Group. Joao will be responsible for the quantitative financial research of the group as well as the management and development of its credit based products, which span areas such as…
JWG Risk Research Recommends Firms Focus on Getting Workable Risk Datasets in Place
After two years of scrambling to assemble new regulatory reports, firms now have a brief window of opportunity to rethink the risk information capabilities they need to satisfy both customers and regulators. However, it does not appear that many are taking advantage of the chance to redesign their current risk architectures. ‘Getting risk information right’,…