Data Management Insight Blogs The latest content from across the platform
Bloomberg sets target to be one-stop-shop for sustainability data
The last major independent data provider has set its sights on being the financial industry’s first port of call for ESG information. In the past few years Bloomberg has been leveraging its huge corporate and reference data pools to spin off a number of sustainability-related products. The New York-based company now sees itself as a…
Demand for muni ESG data is growing
Extreme weather, Covid and political unrest in recent years has focused investor attention on the ESG risks inherent in US municipal bonds. According to a recent survey by Bond Buyer, demand for information on muni issuers’ exposure to climate and other risks is growing. It found that 56 percent of 186 financial market participants and…
CUSIP Global Services seeks new owner as regulator requires S&P Global to divest the company to progress merger with IHS Markit
CUSIP Global Services (CGS) is looking for a new owner following the European Commission’s phase one approval of the $44 billion merger of S&P Global and IHS Markit. While the merger will create a financial data and analytics powerhouse large enough to challenge market leaders Bloomberg and the London Stock Exchange Group (LSEG), including Refinitiv,…
RIMES plans to pair cloud native data management platform with managed data services post acquisition of Matrix IDM
RIMES has stated its intention to acquire Matrix IDM, a Sydney, Australia-based provider of a cloud native investment data management platform. The combination of RIMES’ managed data services and the Matrix IDM platform will help asset owners, institutional investors and asset managers solve increasingly complex data problems and make better informed investment decisions. The deal…
Why it’s time to stop debating cloud in capital markets
By Mark White, Senior Manager – Financial Markets and Fintech, Telehouse. It’s a well-known fact that the finance sector has historically been hesitant in its adoption of cloud computing technology. Over the years, we have seen financial institutions struggle to define their cloud strategy, resulting in organisations not achieving objectives and delaying further attempts at…
Why Both Asset and Investment Managers Need to Think Outside the Box on ESG Regulations
By Janine Hofer-Wittwer, CFA, Senior Product Manager, Financial Information at SIX. A landmark report from the UN’s Intergovernmental Panel on Climate Change has shocked nations on a global scale. The findings suggest that the world is likely to reach 1.5C of warming before 2040 as a direct result of human activity, calling the entire world…
SFDR Compliance to Remain a Struggle for Many Companies
The European Union’s Sustainable Finance Disclosure Regulation (SFDR) is still posing challenges for companies six months after its partial introduction. And with its next stage of implementation just a couple of months away for some companies, full compliance is likely to be difficult to achieve, according to a panel of ESG professionals on a recent…
UK May Place Data Vendors Under FCA Watch
The UK is considering placing ESG data vendors under the regulation of its financial watchdog in a bid to eliminate greenwashing and to make impact investing more transparent. The government said the Financial Conduct Authority may be asked to bring the companies under its purview because it was important to ensure the integrity of a…
New TCFD Reporting Guideline Updates Welcomed
The first update to the Task Force on Climate-related Financial Disclosures’ (TCFD) guidelines since their drafting in 2017 has been welcomed across the ESG ecosystem as an important step in bringing clarity and rigour to corporate disclosures. The new measures were published with the TCFD’s latest annual status report, which showed that the number of…
Sponsored Blog: The Libor Transition: Time for Urgent Action
By Jacob Rank-Broadley, Head of LIBOR Transition, B&I, Refinitiv. Refinitiv’s latest special report takes an in-depth look at the many remaining challenges that surround the imminent cessation of Libor, as well as the potential of data-driven solutions to enable a smooth transition. A landmark transition From the end of 2021, the FCA will no longer…