Data Management Insight Data Delivery Platforms, Cloud & Managed Services The latest content from across the platform
Great Eastern Life Selects Eagle’s Enterprise Data Management Platform
Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that Great Eastern Life, Singapore’s leading life insurance group, has selected Eagle’s enterprise data management solution to consolidate and aggregate its investment data to help streamline its operations and respond to regulatory requirements. Data management remains a priority…
Baader Bank Rationalises Data Needs with Cadis Platform
Baader Bank, Germany’s leading specialist in securities trading, has consolidated its data needs via the Cadis EDM platform. Cadis, the global EDM specialist, has connected all of Baader Bank’s data providers into a central security master, increasing transparency and traceability. The decision to partner with Cadis on this and future data management plans comes after…
DTCC’s Heggarty and Omgeo’s Lind to Join Thomson Reuters
In line with its recent spate of hiring, data vendor Thomson Reuters is rumoured to soon be adding the Depository Trust & Clearing Corporation’s (DTCC) managing director of market structure Robert Hegarty and Omgeo’s current managing director of strategy Tim Lind to its ranks. Last month, Thomson Reuters added ex-Credit Suisse exec Sally Hinds to…
Northern Trust’s Skinner Elaborates on its Data Management Shared Services Centre Development
Northern Trust has been engaged in developing a shared service centre for reference data in order to support its individual business lines over the last year or so, Nick Skinner, vice president of global data management at the custodian bank, explained to delegates at this year’s FIMA. The greatest challenges, according to Skinner, have been…
Deutsche Bank’s Fletcher Discusses Technology Silo Reduction for Data Management
Deutsche Bank has recognised that a silo-based model for data management is not sustainable and is looking to develop more enterprise-wide focused technology, said Neil Fletcher, IT director for reference data at the bank. The increase in the volume of transactions has meant the production of more reference and market data, which has put pressure…
Consultancy Firm ISC Hires Data Solution Vendor Veteran Lumsden
Buy side focused consultancy firm Investment Solutions Consultants (ISC) has hired data vendor veteran Paul Lumsden as a management consultant. Lumsden most recently worked as head of product management for client communications solution provider Kurtosys Systems, which earlier this year launched a new EDM platform for the asset management community. Geoff Edwards, ISC managing partner,…
Perry Discusses Goldman Sachs’ Creation of a Central Instrument Reference Database for its Global Operations
Goldman Sachs has taken a step by step approach towards developing a centralised instrument reference database to support its global operations, according to Jim Perry, vice president of product data quality at the investment bank. Speaking at FIMA earlier this month in London (in addition to his earlier panel slot on regulation), Perry elaborated on…
UBS Asset Management’s Webster Elaborates on its Constitutional Approach to Data Management
UBS Asset Management has a relatively unusual approach to its data management strategy: it has a constitution that lays out the policies and principles related to data ownership and accountability. Ian Webster, global head of data management for the buy side arm of UBS, showed the document to FIMA delegates last week and explained that…
Netik’s Flatley Highlights the Reference Data Impacts of a Boom in ETFs and Property Trading
The increased use of exchange traded funds (ETFs) and other similar synthetic instruments for the purpose of leverage or hedging has put stress on the reference data function, said Rob Flatley, CEO of EDM outsourcing solution vendor Netik, at FIMA last week. The buy side’s move to trade property is also causing challenges because most…
Improving Data Quality to Support Valuations is a Key Focus for Invesco Perpetual, Says Shrubsole
Invesco Perpetual is currently focusing on ensuring data quality standards are being met in order to support the buy side firm’s fair value processes, regulatory compliance and the risk and performance function, explained head of data management Ian Shrubsole. “We want to be able to rationalise and consolidate our operations, but we also need to…