US banks will have to undergo stress tests of their climate risk management and resilience practices under during an exercise organised by the Federal Reserve. The tests will be conducted by the end of July and will examine banks’ preparedness under their current climate policies and under a state of net-zero greenhouse gas emissions.
Multi-cloud environments have much to offer beyond single-vendor cloud setups, including the benefits of access to a variety of best-in-class cloud solutions, opportunities for price optimisation, greater flexibility and scalability, better risk management, and crucially, increased performance and availability. On the downside, multiple cloud vendors in a technology stack can cause complexity, more vulnerabilities, and...
By Swati Bhatia, head of fixed income, financial information at SIX. Sovereign bond issuance across the OECD’s member countries is predicted to have reach a record US$17 trillion at the end of last year, a scale of borrowing that would have seemed mind-boggling only a few years ago. On the corporate debt side, the total...
Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.
Entity data management is this year’s hot topic as financial firms focus on entity data to gain a better understanding of customers, improve risk management and meet regulatory compliance requirements. Data management programmes that enrich the Legal Entity Identifier with hierarchy data and links to other datasets can also add real value, including new business...
