Data Management Insight Data Governance & Standards The latest content from across the platform
Euroclear Bank and SmartStream Build Out Central Data Utility
When Euroclear Bank and SmartStream joined forces in November 2012 to deliver a centralised reference data utility, many financial services firms were beginning to realise the need to improve data management and deliver higher quality data at a lower cost. Fast forward two years and the pressure to review and renew failing data management models…
Sapient Global Markets Details the Challenges and Opportunities of Trading on Swap Execution Facilities
As the US swaps market began the transition from telephone trading to electronic trading on swap execution facilities (SEFs) this week, a number of issues hung in the balance, including which of the SEFs that have registered with the US Commodity Futures Trading Commission (CFTC) will be successful, how vendors can support firms trading on…
Talking Reference Data with Andrew Delaney: COREP/FINREP – Be Afraid, Be Very Afraid
Last week’s Regulatory Update seminar, hosted by Lombard Risk, was an eye-opener for anyone who thought their work was done after the past year’s huge efforts on COREP. In particular, the session focused on the challenges to come with respect to reporting under CRD IV, FINREP and incoming Asset Encumbrance (AE) rules. Indeed, such is…
Markit Adds Data and Connectivity to MarkitServ to Support EMIR Reporting
Markit is meeting European Market Infrastructure Regulation (EMIR) reporting requirements by adding additional data fields and data to its MarkitServ reporting solution and connectivity to DTCC’s UK derivatives repository. The EMIR service went live last month after MarkitServ sent several million trade records to the DTCC derivatives repository on behalf of over one hundred firms…
Recorded Webinar: Hosted/Managed Services
This webinar has passed, but you can view the recording here. The on-site data management model is broken. Resources have been squeezed to breaking point. The industry needs a new operating model if it is truly to do more with less. Can hosted/managed services provide the answer? Can the marketplace really create and maintain a…
Six Financial Information Adds Pre-LEIs from Avox to its Reference Data Services
Six Financial Information is mapping pre-Legal Entity Identifiers (LEIs) provided by Avox to its reference data to help users of its data services meet the reporting requirements of regulations including European Market Infrastructure Regulation (EMIR), which comes into force on 12 February, Dodd-Frank and Solvency II. The company considered available sources of pre-LEIs in the…
Hosted/Managed Services
The on-site data management model is broken. Resources have been squeezed to breaking point. The industry needs a new operating model if it is truly to do more with less. Can hosted/managed services provide the answer? Can the marketplace really create and maintain a utility-based approach to reference data management? And if so, how can…
Swift Extends Messaging Services to Support Derivatives Trade Reporting under EMIR
Swift has extended its messaging solutions to support derivatives trade reporting under European Market Infrastructure Regulation (EMIR) that comes into play on February 12. The organisation is offering two solutions, one based on Swift FIN confirmation traffic and the other on Swift FileAct. Recognising the potential for Swift members to reuse their investments in the…
Traiana Embeds Duco Reference Data Reconciliation Technology in CreditLink to Support SEF Trading
Traiana has embedded Duco data matching and reconciliation technology in its CreditLink service to help customers reconcile client reference data when the Commodity Futures Trading Commission’s mandate for electronic trading of swaps on swap execution facilities (SEFs) comes into force in mid-February. The Duco technology uses sophisticated algorithms and fuzzy logic to reconcile reference data…
BNY Mellon Selects Markit for First Phase of Enterprise Data Management
BNY Mellon Asset Management has turned to Markit for an enterprise data management solution that will initially be used to amalgamate, cleanse and validate index data, but could be extended to manage other types of data. The Markit Enterprise Data Management (EDM) platform was chosen after a competitive selection process and a detailed proof of…