Data Management Insight Data Delivery Platforms, Cloud & Managed Services The latest content from across the platform
Talking Reference Data with Andrew Delaney: Just How Fat is Fatca?
With the final regulations for the Foreign Account Tax Compliance Act (Fatca) now published by the US Treasury Department and Internal Revenue Service (IRS), financial institutions have no more excuses for failing to get their houses in order to be compliant with the act. They certainly aren’t happy with the additional regulatory burden of Fatca,…
Talking Reference Data with Andrew Delaney: Markit Eats Asset Control – Can It Be True?
That Asset Control has been on the sales block for the better part of the 12 months isn’t a surprise to anyone. But that Markit, recent acquirer of EDM platform Cadis, would be the acquirer from current owner Fidelity Ventures? That’s something else. To be fair, we’ve been hearing that Asset Control, an early innovator…
Talking Reference Data with Andrew Delaney: DMS 2013 – On LEI and Other Data Management Challenges
Data management is critical to the challenges facing financial services and capital markets participants. Across the board, from meeting increasing regulation and getting in line behind the forthcoming legal entity identifier (LEI) to enhancing transparency and risk management, data management is key. It features in many of the issues we have covered over the past…
Wolters Kluwer Integrates Acquisitions to Deliver Single Platform Risk and Compliance Solutions
Wolters Kluwer Financial Services’ decision to abandon the brand names of FRSGlobal, which it acquired in September 2010, and FinArch, which it acquired in July 2012, marks a major step forward in the company’s work to integrate the acquisitions’ products to form a combined offering driven by a single business oriented data architecture. The product…
Basel Committee Publishes Definitive Principles for Risk Data Aggregation and Reporting
The Basel Committee on Banking Supervision has published ‘Principles for effective risk data aggregation and risk reporting’, a final document based on an earlier version of the principles issued in June 2012 for consultative purposes. The document includes 14 principles grouped into four headline topics and states that global systemically important banks (G-Sibs) should start…
Talking Reference Data with Andrew Delaney: The Billion Dollar Startup
Last year was a busy year from Standard & Poor’s, or at least for the part of Standard & Poor’s that is now known as S&P Capital IQ. President Lou Eccleston – who cut his teeth in our industry as part of the core management team of Bloomberg, where he headed sales for many years…
Volksbank Employs MXG Team for Misys to Murex Migration
Volksbank ?sterreich is working with Murex system integrator MXG Team to migrate its trading and risk management activities from Misys Summit and Kondor+ platforms to a single Murex 3.1 MXpress platform. Phase 1 of the project was completed at the end of November 2012 and migrated a Summit front-to-back office system to the Murex platform…
Australia’s ASIC Taps First Derivatives Big Data Solution for Market Surveillance
The Australian Securities & Investments Commission (ASIC)’s selection of First Derivatives’ Delta Stream+ Market Surveillance solution is aimed at giving the regulator the same kinds of tools available to high frequency traders for monitoring market activity and identifying possible fraudulent behaviour. The deployment of Delta Stream+ is seen as an early application of big data…
Talking Reference Data with Andrew Delaney: Stirred, Not Shaken
David Craig isn’t an actor who plays James Bond (that’s Daniel Craig). Nor, for that matter, is he a soul singer from Southampton (that’s Craig David). Rather, he’s the president of Thomson Reuters Financial & Risk, the former Thomson Reuters Markets. As part of a full-scale reorganisation of Thomson Reuters that established four client-defined business…
Gonet&Cie Automates Credit Ratings with S&P Capital IQ’s XpressFeed
S&P Capital IQ has named Swiss private bank Gonet&Cie as its first European customer to automate Standard & Poor’s credit ratings through the use of its XpressFeed enterprise data feed. The S&P ratings were added to the feed in June 2012 and have already won towards 30 subscribers in the Americas and Asia-Pacific. S&P Capital…