Data Management Insight Brief
Today – Final Call for Comment on the DSB’s Latest Consultation Paper Covering the UPI
Today, 19 January 2022, is the deadline for industry feedback on the Derivatives Service Bureau’s (DSB) consultation on the legal terms and conditions, and client support model expected to apply to users of the Unique Product Identifier (UPI) Service, which is due to be launched later this year. The consultation sets out the proposals for users of the UPI Service as well as highlighting the user experience of firms already using the DSB’s OTC ISIN Service. You can make final comments on the UPI consultation paper until 5pm today.
Delta Capita Expands Scale and Reach with Acquisition of JDX Consulting
Delta Capita, a provider of managed services, solutions and consulting to capital markets participants, has acquired JDX Consulting, a resource augmentation and consulting business headquartered in the UK and with presence in the US and APAC. The acquisition is part of Delta Capita parent Prytek technology group’s commitment to allocate $500 million to accelerate development and deployment of the Delta Capita managed services platform. It also brings Delta Capita to a total of 1,100 staff and revenues of $130 million.
M&G Selects Bloomberg DMS for ESG Data Consolidation
Bloomberg Data Management Services (DMS) is to manage the ESG data of M&G Investments, consolidating the UK investment house’s sustainability information feeds into its cloud-based platform. The deal will see DMS link M&G’s ESG data with its analytics, pricing and other data sources, mapping them to a common hierarchy. M&G clients will be able to access the feeds via APIs or SSH File Transfer Protocol (SFTP).
S&P Global Acquires The Climate Service
Climate risk calculations provider The Climate Service has been acquired by S&P Global to bolster its ESG data products. The Durham, North Carolina-based company created the Climanomics platform, which quantifies companies’ climate risks in alignment with the Task Force gor Climate Related Financial Disclosures (TCFD). S&P Global will add the service to its ESG offerings, which include the Sustainable1 data, benchmarking and analysis suite to tools.
Deloitte and AccessFintech Join Forces to Address Digital Transformation
Deloitte and AccessFintech have formed a strategic alliance to support financial institutions as they digitally transform their operations. The alliance brings together Deloitte’s financial services industry consulting and advisory services, and AccessFintech’s data management and workflow solutions that are designed to overcome challenges relating to legacy IT platforms, fragmented data and manual processes. AccessFintech’s offerings include Synergy DataLake, which enables the industry to share data and optimise operations through collaboration; and Synergy Network, which enhances data and workflows, and underpins the transformation of operations using transaction lifecycle management and benchmarking insights from across the financial ecosystem.
Bloomberg Adds Municipal Bonds ESG Tracker
Bloomberg has widened its coverage of municipal bonds in the US with a an ESG-focused index. the Bloomberg US Municipal Impact Index tracks local and regional dollar-denominated debt that has been categorised as green, social or sustainability securities at issuance or via an independent assurance organisation. The bonds will also feature within sub indexes for each individual category. Only tax-exempt issues that have at least a year until maturity are included.
ICE Integrates RIMES ETF Data
Intercontinental Exchange (ICE) has integrated ETF data managed by RIMES into several of its products, including ICE ETF Hub, ICE Portfolio Analytics and ICE FI Select. The addition of the RIMES data will allow customers to access digestible and comprehensive equity and fixed income ETF data across ICE’s suite of ETF workflows, and gain deeper insights, analytics and data around ETFs to make better informed decisions.
ICE Acquires Climate, Real Estate Risk Analytics Firms
Intercontinental Exchange (ICE) has acquired risQ and Level 11 Analytics. RisQ is a climate risk specialist and Level 11 focuses on geospatial data for the real estate sectors. The purchase of the two broadens ICE’s ESG capabilities within the fixed income space. At the same time, the Atlanta, Georgia-based exchange, data and technology giant unveiled an ESG data and analytics product targeted at the US mortgage market.
EU Approves Implementation of Taxonomy Delegated Act
The European Union’s Taxonomy climate Delegated Act will come into force next month, a move that’s considered a milestone in the bloc’s aim to bring sustainability accounting to its companies. The member states of the EU’s Commission approved the implementation of the regulation. The EU Taxonomy is seen as key to enabling investors to accurately compare the ESG disclosures of corporates and provides a sustainability benchmark and common language for markets.
FactSet Joins AWS Data Exchange
FactSet has joined the AWS Data Exchange and will deploy over 30 proprietary datasets available within the FactSet ecosystem on the exchange, allowing clients to use its content for faster, more efficient decision making. The data will be made available on AWS Data Exchange using Amazon Redshift Data Sharing, which allows clients to securely and easily share live data across Amazon Redshift clusters. FactSet will also begin listing APIs that allow users to benefit from its portfolio analytics engine without being existing FactSet clients. Additional APIs to AWS Data Exchange will provide flexible access to all FactSet content and functionality.