Data Management Insight Data Governance & Standards The latest content from across the platform
Scalability the Keyword Behind S&P Global’s Enriched iLEVEL
S&P Global Market Intelligence’s update to its iLEVEL private markets data tool has been designed to enable firms to scale their engagements in private markets. The financial data company is betting that financial institutions’ growing engagement in these markets is such that they will need the sort of data provisions associated with public markets. S&P…
Challenges of the New Regulatory Landscape: Data Management Summit London Preview
The regulatory landscape for financial institutions has rarely been in greater flux than now, placing new challenges on the technology and data that will be critical to satisfying the requirements of overseers. While digital innovations are offering organisations the opportunity to meet their compliance obligations with greater accuracy and efficiency, they are also encouraging regulators…
SimCorp Urges a Holistic View of Buy-Side Retooling to Enable AI
You don’t have to scratch far below the surface of the artificial intelligence hype machine to see that many financial institutions are experiencing challenges in implementing the technology. Our own Data Management Insight annual preview in January of predictions for the coming year found that vendors and users alike reported the dawning of a realisation that, for…
Ensuring AI-Focussed Institutions Take out the Garbage: A-Team Group Webinar Preview
As data quality rises up institutions’ AI-implementation agendas, the next A-Team Group Data Management Insight webinar will take a deep-dive look into how they can ensure the information they feed into their models will give them accurate and valuable outputs. Avoiding Chaos The data management maxim of “garbage in, garbage out” can’t be more appropriate for artificial…
GLEIF Names Chinese Certification Authority as vLEI Issuer
The China Financial Certification Authority (CFCA) has been announced as the first Chinese overseer of virtual identifiers created by the Global Legal Entity Identifier Foundation (GLEIF). The CFCA has become a Qualified vLEI Issuer (QVI) in the Global LEI System. VLEIs are used to verify the digital identities of companies and assets in financial transactions….
Unleashing the Power of AI for Financial Institutions with Snowflake and Amazon Web Services
Financial institutions are among the largest users of AI, deploying it for a range of use cases that, while already wide, will broaden in the future. A report by the International Monetary Fund has forecast that institutional spending on AI will surge 29% to US$97 billion by 2027. The technology has become crucial to automation…
EU’s AI Act Seen Strengthening Data Foundations but not Without Challenges
The European Union’s Artificial Intelligence Act, which went into force this month, has presented financial institutions with huge opportunities but also some grave challenges, each of which can only be managed with a strong data foundation. Industry professionals have said that the Act’s provisions, though extensive, can bring clarity to a muddled regulatory view of…
Generali-Natixis Tie-up Highlights Data and Operational Complexities of Asset Management M&A
By Jeremy Katzeff, head of buy-side solutions at GoldenSource. After much speculation, it’s now confirmed. The asset management industry welcomes another mega fund to its ranks after the tie-up between the asset management businesses of Natixis and Generali Group. The reasons behind the merger are the same as they have been for the last few…
Governance, Security Woes ‘Holding Back Financial Sector Growth’
Data governance and security concerns are so great among UK financial services companies that they are holding back growth, according to a survey by secure computing company Optalysys. The survey of more than 250 financial company IT professionals found that 70 per cent of decision makers said data security was holding them back, while 45…
Zema Global Streamlines Forward-Curve Data Use
Energy commodities markets data and data management provider Zema Global has unveiled its Curve Viewer tool, which enables clients to better interrogate their data and construct the forward curves that are essential to decision making. The new addition to Zema Global’s platform offers deeper insights into clients’ own data, the company said. It provides customisable…