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Meeting ESG Demand – How this New Kind of Data Delivers Competitive Edge
By Stef Nielen, Strategic Business Development, Alveo. Buy-side financial firms are increasingly looking to tap into alternative data sets, including rapidly emerging environmental, social and governance (ESG) data to give them a competitive edge. There are several drivers behind this. First, regulation, and the European Sustainable Finance Disclosure Regulation (SFDR) in particular, forces funds to…
How to Manage Dual Sanctions Compliance Post Brexit Addition of UK Regime to EU Regulation
Brexit created a number of regulatory compliance challenges for financial institutions in the UK, not least a change to sanctions regulation that is set out in the Sanctions and Anti-Money Laundering Act 2018, and is fundamentally different to EU sanctions regulation. If your organisation falls within scope of the new UK sanctions regime or both…
Research Reveals Increased Use of Blockchain in Asset Management
Research by Global Palladium Fund reveals that 90% of professional investors believe that over the next five years asset managers will come under growing pressure from clients to use blockchain technology to provide greater security and transparency. Asked why blockchain will become increasingly important for asset managers, 51% of professional investors interviewed for the research…
MCA Finance Selects NeoXam to Support Growth
MCA Finance has selected NeoXam’s NxTracker3 technology to manage its front and middle office activities. The software covers all financial assets, but will be used at MCA Finance to manage specific products developed by the company, specifically structured products and OTC securities, in a customised way. NxTracker3’s native interconnectivity offers simplified exchanges with MCA Finance’s…
Behind the Scenes at Solidatus Following £14 Million Series A Funding
Having reported on Solidatus’ £14 million Series A funding last week, this week we go behind the scenes to talk to the company’s founders Philip Dutton and Philip Miller about their business philosophy, ambitions for Solidatus, and the challenges and opportunities of working with investors and growing the company through lockdown. After careers in financial…
ALTR Integrates Cloud Native Data Security as a Service with Snowflake Data Platform
ALTR, an Austin, Texas provider of data security, has released ALTR cloud integration for the Snowflake cloud data platform. The cloud native ALTR platform extends Snowflake’s built-in security with real-time data consumption governance capabilities for observing, detecting and responding to data threats and anomalies. The addition of ALTR to the Snowflake data cloud follows FactSet’s…
DSB Managing Director Emma Kalliomaki Outlines Issues in Progressing the UPI
As the Derivatives Service Bureau’s (DSB’s) first round of industry consultation on fee principles for the Unique Product Identifier (UPI) plays out, we talked to Emma Kalliomaki, managing director of ANNA and the DSB, about some of the issues involved in getting the UPI up, running and ready for its Q3 2022 release. Early conversations…
Observational Learning Boosts Data Quality, Improves Reconciliations, Cuts Costs of Exceptions
Large data volumes and manual data validation techniques are making it difficult for firms to achieve levels of data quality required to support seamless transaction processing and regulatory reporting. The problem is exacerbated by MiFID II and other emerging regulations that impose new processes on transaction reporting, including reconciliation of transactions from the trade repository…
Moody’s DataHub Opens Door for Data Scientists to Explore Billions of Data Points
Moody’s integration of data from across the company into DataHub, a cloud-based data exploration and analytical platform, provides data scientists and analysts across financial services firms with a single location to access, analyse, model and consume billions of data assets. Twelve Moody’s datasets, including entity data from Bureau van Dijk’s Orbis database and ESG data from…
InvestCloud Recapitalisation Creates Global SaaS Wealth Solutions Platform
InvestCloud has completed a recapitalisation that values the business at $1 billion. New financial investors are led by Motive Partners with Clearlake Capital Group and include InvestCloud client shareholders. Under the terms of the agreement, Motive will contribute two portfolio businesses, Finantix and Tegra118, to InvestCloud, creating a global Software-as-a-Service (SaaS) wealth solutions platform. The…