Data Management Insight Data Governance & Standards The latest content from across the platform
Recorded Webinar: Real world data governance – Practical strategies for data ownership
The theories of data governance and ownership are well rehearsed. Essentially, data governance includes rules and processes that make data accurate, compliant and accessible, ensuring the right users can access trusted data as and when they need it. Data ownership assigns responsibility and accountability for a specific dataset to an individual or team that can…
DTCC Streamlines OTC Derivatives Data Access
DTCC has launched OTC Direct Connect, a service providing access to OTC derivatives transactions data that is reportable in the US and Canada. The service eliminates manual data collection and providers subscribers in derivatives markets with access to a fast and frictionless data delivery solution that can help them manage market risks and trading risk…
Bloomberg Collaboration with Google Cloud Increases Access to Data And Analytics
Bloomberg continues to invest in cloud data access with an offering that enables customers of Google Cloud to accelerate their data strategies through the integration of Bloomberg’s cloud-based data management solution, Data License Plus (DL+), with BigQuery, Google Cloud’s fully managed, serverless data warehouse. The collaboration also allows mutual customers to access Bloomberg Data License…
GoldenSource Releases Market Risk Factor Data Standard, Eases FRTB Compliance
GoldenSource, a provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, has created a market risk factor data standard. Called Curve Master Definitions, the standard seeks to provide investment banks with a single risk factor taxonomy for market rates required to price OTC derivatives, including the storage and aggregation of industry standard…
Snowflake Unifies Data and Extends Governance Capabilities in Data Cloud
Snowflake has eliminated data silos from Data Cloud by unifying data in a single data foundation that is secured by the company’s Horizon governance model. It has also enhanced Data Cloud to allow users to bring AI and app development directly to their enterprise data. “Snowflake’s latest innovations ensure that customers have the ability to…
Recorded Webinar: Potential and pitfalls of large language models and generative AI apps
Large language models (LLMs) and Generative AI applications are a hot topic in financial services, with vendors offering solutions, financial institutions adopting the technologies, and sceptics questioning their outcomes. That said, they are here to stay, and it may be that early adopters of Generative AI apps could gain not only operational benefits, but also…
Rimes Releases Data lakehouse Designed to Provide Insights from Diverse Data Sources
Rimes has released the Rimes data lakehouse, a service that combines the advantages of a data lake and a data warehouse to enable asset managers and owners to quickly access structured and unstructured data and derive valuable insights from diverse data sources. The lakehouse comprises an advanced data storage, processing and distribution platform delivered as…
ANNA Introduces ISINs to Identify Crypto Assets
The Association of National Numbering Agencies (ANNA) and the Digital Token Identifier Foundation (DTIF) have reached a memorandum of understanding (MOU) that will allow phased introduction of new ISINs to identify crypto assets. This is expected to optimise and automate more comprehensive data sets within the ISO standard registries operated by ANNA and DTIF. The…
Substantive Research Uncovers Rapid Increases in Market Data Pricing Amidst Regulatory Scrutiny
The latest analysis of 2023 market data pricing from research discovery and analytics provider Substantive Research, reveals that market data prices are going up faster than ever, identical products and use cases are charged inconsistently, and agreements are persistently unclear. This comes despite the Financial Conduct Authority’s (FCA) ongoing review into market data pricing practices….
Legal Entity Identifier Endorsed by CPMI for Use in Cross-Border Payments
The Global Legal Entity Identifier Foundation (GLEIF) has welcomed the endorsement of the Legal Entity Identifier (LEI) by the Bank for International Settlements Committee on Payments and Market Infrastructures (CPMI) ‘Harmonized ISO 20022 data requirements for enhancing cross-border payments’. The CPMI ISO 20022 data requirements establish a consistent minimum set of messaging data for more…