A-Team Insight Blogs The latest content from across the platform
UK FSA Warns Will be Examining Firms’ Data Practices Around AML
The UK Financial Services Authority (FSA) has given the industry a heads up in its latest newsletter that it will be scrutinising firms’ systems and controls around anti-money laundering data, especially for politically exposed persons (PEPs), over the course of the next five months and going into next year. Details of the regulatory project are…
JPMorgan’s D’Angelo Adds Reference Data Role to His CV
After more than seven years with investment banking group JPMorgan Worldwide Securities Services, Ludwig D’Angelo has added a new reference data string to his financial services bow. D’Angelo, who has been focused on the front office as North American regional manager for trading technology for the last five years, is now in charge of the…
WestLB Benefits from Vendor Collaboration for Data Management and KYC Efforts, Says Feast
German bank WestLB has benefited from the collaboration of all of the vendors involved in its know your customer (KYC) driven data management project, according to Sarah Feast, executive director of operations control for the bank. The bank took the decision to centralise its customer data in its Dusseldorf operations back in 2006 and has…
The Ripple Effect
The news last week that entity and counterparty data specialist provider Avox had been snapped up by a willing party in the form of the Depository Trust & Clearing Corporation (DTCC) comes as no surprise on either front. But what does the sale mean for the other main entity data focused vendor on the scene,…
Xtrakter’s Response to CESR MiFID Review Highlights Costly Challenges of Client Identification
Following the publication of the Committee of European Securities Regulators’ (CESR) consultation papers on MiFID earlier this year, industry groups have submitted their responses to the proposals, including providing feedback on the potential data costs and system requirements to cope with the changes. To this end, the British Bankers’ Association (BBA) and Xtrakter Transaction Reporting…
Advent Enters into Agreement with SuperDerivatives to Provide Pricing and Analytics Services to Geneva Clients
Advent Software, a provider of software and services for the global investment management industry, today announced that it has entered into an agreement with SuperDerivatives, to offer their multi-asset web analytic system and revaluation services to clients of Geneva, its portfolio management and fund accounting solution. SuperDerivatives provides real-time pricing for simple and complex derivatives…
Attachmate Tackles Insider Fraud with Luminet
Attachmate Corporation today announced the availability of Attachmate Luminet, an enterprise fraud management solution that takes the guesswork out of application monitoring. Luminet reveals user activity within enterprise applications and transforms the data into actionable intelligence, allowing organisations to protect the privacy of mission-critical data, reduce internal fraud and enable regulatory compliance. Insider fraud and…
FactEntry Targets Vendor Community with Data Search and Rescue Offering for Fixed Income Markets
Following two years of development and investment in its flagship and three subsidiary solutions, new data vendor on the block FactEntry is finally ready to begin pitching its wares in earnest, according to Sandeep Dhingra, director of the Indian-based start-up. Thus far, FactEntry has bagged two vendor clients for its Fixed Income Database Objects (FIDO)…
Avox’s Price and DTCC’s Kirby Explain Integration Plans and Utility Potential
The Depository Trust & Clearing Corporation’s (DTCC) acquisition of Avox has given the UK-based counterparty and entity data vendor the ownership structure it has long needed to establish itself as an industry utility, according to CEO Ken Price. As noted by Reference Data Review, the appeal for DTCC was in adding the final piece of…
Sutton Elaborates on RBC’s Four Priorities for Reference Data for the Next Three Years
Since her appointment at the end of last year, Julia Sutton, global head of reference data, including customer accounts and onboarding, for the Royal Bank of Canada (RBC), has been focused on prioritising the long list of reference data issues that need to be tackled within RBC over the next two to three years. The…