Data Management Insight Blogs The latest content from across the platform
The Transformation of Data Management
By Justin Llewellyn-Jones, head of capital markets for North America at Broadridge. Complexity in data and data management is like a fault line running through the organizations and strategies of capital markets firms. It consumes resources, introduces dangerous risks, and limits firms’ ability to capitalize on artificial intelligence and other new technologies. For that reason,…
Ukraine Conflict Puts New Light on ESG and Indexes
The war in Ukraine has shone a spotlight on ESG investing as nations, companies and financial institutions weigh their response to the conflict. ESG index and ratings setters are under pressure to redraw their exclusion frameworks and also adjust their coverage in light of a welter of sanctions placed on Russian companies and the organisations…
Get Ready for A-Team Group’s Announcement of This Year’s Innovation Award Winners
Excitement is mounting in anticipation of next week’s announcement of the winners of A-Team Group’s Innovation Awards 2022. The awards, now in their second year, celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. This year’s…
DTCC Replaces Benchmarks Service with ITP Data Analytics for Operational Performance
DTCC has updated its Institutional Trade Processing (ITP) service with ITP Data Analytics, a service including analytical tools that allow broker/dealers and investment managers to measure and compare their operational performance against counterparties, industry standards and peers. ITP Data Analytics replaces DTCC’s legacy Benchmarks service. It consumes underlying daily transaction activity from DTCC’s post-trade central…
Encompass Plans Global Growth Acceleration Following £25 Million Funding Round
Encompass, a provider of automated Know Your Customer (KYC) solutions, has completed a capital raise of £25 million. The funds will be used to accelerate global growth, particularly in the US where the company opened its first office in New York in October 2021, and in Europe where an office was recently opened in Amsterdam….
Migrating Data Management to the Cloud – What Can the Financial Sector Do to Meet the Challenge?
By Mark Hermeling, chief technology officer at Alveo. Financial services firms are increasingly moving their data management ecosystems to the cloud. This has huge implications for the sector as highlighted in a recent Market Research Future report that projects the financial cloud market will hit the $52 billion mark by 2028, growing at an impressive compound annual…
SmartStream Combines Air, RDU to Offer Comprehensive Transaction Reporting for MiFID II
SmartStream Technologies has combined its SmartStream RDU reference data utility with its SmartStream Air (Artificial Intelligence Reconciliations) solution to create a new offering that provides regulated entities with comprehensive reporting capabilities for MiFID II. The new solution – Transaction Reporting Reconciliation and Reporting Decision Control – aims to address regulators’ growing requirement for completeness and accuracy…
Best Climate Risk Providers
We’re seeing a rapid transition in how the financial markets industry is approaching climate risk. This shift has been advanced by customer preferences, public awareness and, as most pressingly, increased regulatory demand. As new energy sources and technologies emerge, investors must innovate and advocate for a comprehensive climate risk framework. Climate Risk Management models continue…
Vendor Strategy: Snowflake Forecasts ESG Growth as It Breaks Down Silos
Snowflake’s Financial Services Data Cloud was launched in the middle of last year with the aim of providing financial institutions access to its cloud-native data resources. From the get go, the US-based company knew that ESG would be a major – and growing part – of its offering. Now Rinesh Patel, Head of Industry, Financial…
CUSIP Global Services Sees Interest Grow in Verified Green Muni Bonds
American regulators’ demands that municipal bond issuers show proof of their ESG claims is being underlined by rising inquiries to one of the leading providers of muni sustainability data. Cusip Global Services (CGS) has seen a steady rise in client referrals to debt flagged as green on its platform since the US company began including…