Qlik and Mozaic Plan SaaS-Based Data Product Catalogue

Qlik, a supplier of data integration and analytics, has acquired Mozaic Data, a provider of AI-driven data management technology. The acquisition is expected to simplify data handling for businesses by focusing on a data product-oriented approach for better data quality and governance.

Mozaic’s Data Product Experience approach follows the principles of decentralised architecture and enables organisations to build, secure, govern, deploy, and manage domain-centric data products in the cloud. Working with Qlik, the partners plan to develop a data product catalog solution to allow customers to extract more value from their data quickly and effectively.

Drew Clarke, general manager of the data business unit at Qlik, says: “Customers recognise the importance of treating data as a product, a strategy that aligns with the need for a SaaS-based data product catalog offering a more efficient and user-friendly experience in data lifecycle management.”

Arkéa Investment Services Renews Partnership with NeoXam, Extends Managed Services

Arkéa Investment Services, which brings together the asset management and private banking organisations within Crédit Mutuel Arkéa, is renewing its partnership with NeoXam and the use of its Tracker front-to-middle portfolio management solution for the asset management activities of Federal Finance Gestion and Schelcher Prince Gestion.

The partnership aims to strengthen the use of NeoXam Tracker, particularly in order routing functionalities, monitoring investment constraints, and providing support for investment decisions. It also relies on a more direct collaboration based on the provision of managed services by NeoXam.

Florent Fabre, CEO of NeoXam, comments: “Crédit Mutuel Arkéa is a strategic client for NeoXam, using two major solutions from our offering.”

Solidatus Adds Artefact to Partner Portfolio

Solidatus has added Artefact, a data analytics and AI services consultancy specialising in helping organisations deliver measurable value from data, to its partner portfolio. The partnership is expected to simplify data lineage and data management processes for customers in the financial services sector and extend Solidatus’ reach to new financial services customers needing to build faster, automated data infrastructure.

Akhilesh Kale, senior director and financial services and insurance lead at Artefact US, says: “As we join forces, we are looking forward to accelerating value creation through data discovery for our clients’ front office, risk and regulatory use cases.”

Mike Pierce, vice president of global alliances at Solidatus, comments: “We look forward to jointly delivering Solidatus’ unique approach to building data transparency and establishing trust across complex environments, empowering clients to meet governance and regulatory requirements.”

ICE and Blockstream Add Cryptocurrency Options Data to Crypto Data Feed

Intercontinental Exchange (ICE), a provider of data, technology and market infrastructure, and Blockstream, a provider of blockchain technologies and financial cryptography, have added cryptocurrency options data to the Cryptocurrency Data Feed launched by the partners in 2018 and offered via the ICE Consolidated Feed.

The Cryptocurrency Data Feed is designed to enable ICE Data Services’ customers to receive global market data in a streaming feed with comprehensive cryptocurrency information. It includes data on over 100 cryptocurrencies from more than 30 globally sourced venues and exchanges. As part of ICE’s exclusive agreement with Blockstream, ICE offers extensive coverage of prices and order book data for cryptocurrencies by exchange.

Digital Token Identifier Foundation Join FCA Digital Sandbox

The Digital Token Identifier Foundation (DTIF) created by Etrading Software to provide ISO standard identifiers for digital assets has joined the Financial Conduct Authority’s (FCA’s) Digital Sandbox. The DTIF has been onboarded as a data supplier, with Denis Dounaev, Digital Token Identifier (DTI) product owner recognised as a mentor under the Digital Sandbox Programme.

As Registration Authority for the ISO 24165 standard, the DTIF’s mission is to provide the golden source reference data for the unique identification of digital tokens. DTI use is recommended under the EU’s DLT Pilot Regime and has been proposed by ESMA for crypto-asset identification under MiCA. The DTI Registry includes technical attributes for over 1,800 digital tokens. The data provided by the DTI Foundation to the Sandbox is an accurate representation of all data currently captured by the DTI Registry.

AWS Expands Amazon Bedrock to Give Users a Choice of LLMs for Generative AI Apps

AWS has announced innovations to Amazon Bedrock that expand Large Language Model (LLM) choices and deliver powerful capabilities making it easier for customers to build and scale generative AI applications customised to their business. Amazon Bedrock is a fully managed service that offers easy access to LLMs and other foundation models from AI21 Labs, Anthropic, Cohere, Meta, Stability AI, and Amazon.

Acknowledging that one model is not ideal for every use case as models vary across capabilities, price, and performance, AWS developed Bedrock to give customers easy access to a variety of model choices so they can try out different models, switch between them, and combine the best models for their needs. Building with, and moving between, LLMs is achieved using an API call.

Informatica and MongoDB Partner to Offer Cloud-Native Data-Driven Applications

Informatica, a cloud data management provider, has made a new strategic partnership with MongoDB. The partnership enables customers to create a modern class of cloud native, data driven, industry tailored applications powered by MongoDB Atlas and fed with data from Informatica’s AI-powered MDM solution.

“We already leverage the performance and scale of MongoDB Atlas within our cloud-native MDM SaaS solution, so this partnership is a natural next step,” says Rik Tamm-Daniels, group vice president of strategic ecosystems and technology at Informatica. “As a strategic MDM partner of MongoDB, we can help customers consolidate and sunset multiple legacy applications and bring in cloud-native ones built on a trusted data foundation.”

Snowflake Adds Market Operations in Colombia

Snowflake has officially launched market operations in Colombia as it focuses on expanding its customer base in the county and across Latin America. The Colombia base adds to more than 40 Snowflake offices across 19 countries and will be led by Ernesto Serrano, country manager for Colombia. The company plans to build on the professional services team already located in its Colombia office and expand hiring to focus on sales and customer support.

Companies using Snowflake in Colombia include Belcorp, a provider of personal care products, which uses Snowflake to make near real-time business decisions on pricing, sales and inventory; and Juan Valdez, a Colombia-based multinational coffee retailer, which uses Snowflake’s secure data exchange to centralise and analyse data from its stores in more than 500 outlets and offer better and more personalised experiences for users.

Boston Partners Goes Live with Rimes Matrix Investment Management Platform

Boston Partners, a provider of equity strategies, has gone live with Rimes’ Matrix investment management platform as its enterprise data warehouse. The initiative has enabled Boston Partners to streamline its data management operations and integrate data from multiple sources for enterprise reporting, business intelligence, historical retention, and distribution to downstream consuming systems.

The initiative started in January 2023, with the platform going live on 1September 2023. The rapid implementation was orchestrated to ensure a seamless transition, avoiding disruption to day-to-day business operations. More recently, Boston Partners has extended its relationship with Rimes to rely on its ongoing maintenance of the platform and delivery of a constantly improving managed service.

FSB Adds Bank of Communications to 2023 G-SIBs List, Drops Credit Suisse and UniCredit

The Financial Stability Board (FSB) has published its list of 2023 global systemically important banks (G-SIBs) using end-2022 data and applying the assessment methodology designed by the Basel Committee on Banking Supervision (BCBS).

One bank, China’s Bank of Communications, has been added to the list of G-SIBs that were identified in 2022, and two banks, Credit Suisse and UniCredit, have been removed. The overall number of G-SIBs has decreased from 30 to 29.

FSB member authorities apply requirements to G-SIBs that are higher, in terms of additions to the minimum standards that apply to all internationally active banks under the Core Principles of the BCBS. These requirements include a higher capital buffer, total loss-absorbing capacity, resolvability, and higher supervisory expectations.

A new list of G-SIBs will next be published in November 2024.