Exchange Data International (EDI), a provider of corporate actions, pricing and reference data, has introduced Worldwide Equity Cost Basis, a service that enables users to track both a security’s cost basis, its evolution and its descendant’s cost basis and evolution up to the current date. The service is part of the company’s expansion into value added services.
A-Team Insight Briefs
The regulation clock is ticking. Financial firms, especially those subject to Phase I of implementation, are well aware of the impending April 2020 deadline for the Securities Financing Transactions Regulation. The question is, are they ready? Tactical, i.e painful, approaches to compliance won’t be good enough. A strategic plan of attack is necessary to combat...
The FICC Markets Standards Board (FMSB) in its latest Spotlight Review warns that if markets are to remain stable and trusted, fair and effective, then the rapid growth of new technology and of data science must be balanced with more effective governance and control. The report, which examines the crucial role of data management in...
Data Management Summit USA Virtual will explore how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.
High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...