Data Management Insight Data Governance & Standards The latest content from across the platform
Legal Entity Identifiers (LEIs) – There’s More to LEs Than Meets the I
Firms everywhere remain under sustained regulatory pressure to reduce systemic risk, in part through the improvement of their view of counterparty risk. At the same time, the ongoing economic climate is forcing them to reduce costs, leading them to consider alternative operating models wherever possible. The emergence of the global legal entity identifier (LEI) standard…
Global Legal Entity Identifier System is Moved Another Step Closer to Completion
The Regulatory Oversight Committee (ROC) of the global Legal Entity Identifier (LEI) system has taken another significant step forward with the endorsement of three pre-Local Operating Units (LOUs) and the exclusion of 3,000 pre-LEI CFTC Interim Compliance Identifier (CICI) codes from the system. It is also finalising the appointment of a board directors for the…
A-Team’s DMS Awards Reward Best and Brightest in the Industry
A-Team Group hosted its inaugural DMS Data Management awards ceremony at last week’s DMS event in London, with the awards presented to the great and the good of the data management community by our own president and editor-in-chief Andrew Delaney, in a bow tie no less. The awards were devised to give recognition to those…
Interactive Data Automates Price Review Process with Vantage Price Validation Workflow
Interactive Data has added a price validation workflow to its Vantage web application for evaluated pricing transparency. The Vantage Price Validation Workflow module automates pricing exception handling and validation processes, cutting out typically manual processes and reducing operational costs. The price validation workflow is designed to provide a central hub for client validation activities and…
Linedata Repackages Fund Accounting Solution to Offer Investment Book of Records
Linedata has repackaged the components of its Icon fund accounting software to deliver an investment book of records (Ibor) platform that aggregates data from multiple sources across an organisation and manages position data to provide start-of-day and intraday views of positions and cash. Called Linedata I-BOR, the platform operates in real time and provides historical…
Joss Adds SIX Corporate Actions Data to Entity Data Management System and Prepares for LEI
Joss Technology, a software solutions provider dedicated to entity data, has added SIX Financial Information’s entity level corporate actions data to its Entity Data Management System (EDMS). The EDMS platform is a response to emerging regulatory requirements in financial markets for entity data, such as legal entity identifiers (LEIs), rather than security data, and is…
Russia’s National Settlement Depository Selects GoldenSource for Corporate Actions Solution
GoldenSource has secured a contract with Russia’s National Settlement Depository (NSD), which will use the vendor’s enterprise data management (EDM) platform for the distribution of automated corporate actions data across the Commonwealth of Independent States (CIS). The contract was signed last week and the parties expect to have initial elements of the system up and…
Recorded Webinar: FATCA – The time to act is now
This webinar has passed, but you can view the recording here. The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year, but with the exception of a few modifications the legislation…
Markit Teams with Genpact to Deliver Shared Service for Client On Boarding
Markit has teamed up with business process specialist Genpact to develop a shared service dedicated to the management of client on-boarding and other know-your-customer (KYC) requirements. To ensure the service meets the on boarding needs of large financial institutions, the companies will be joined by HSBC and Morgan Stanley in an initial six-month design and…
Interactive Data Tracks Evolution of Fair Value Practices
Interactive Data has published the results of its 2013 Fair Value Practices survey, noting a rise since its last report in 2011 in the number of mutual fund firms using fair value practices every day, and a rise in the number of firms using a confidence level threshold at the security level to invoke fair…