Data Management Insight Data Governance & Standards The latest content from across the platform
GLEIF continues LEI push with mapping of S&P Global Company ID to the identifier
The Global Legal Entity Identifier Foundation (GLEIF) continues to promote use of the LEI through a collaboration with S&P Global Market Intelligence that certifies the mapping of the S&P Global Company ID to the LEI. GLEIF says links like this increase the value of the LEI by extending its connectivity to the world’s entity identifier…
Alveo expands data partnership with SIX
Alveo, a cloud-based market data integration, analytics and Data-as-a-Service (DaaS) solutions provider, has expanded its global data coverage and feed integrations with the addition of new content from SIX, including sentiment indicators, tax, and regulatory risk data. SIX data sets covering global security master and historical pricing data are already available to users of Alveo’s…
Back to Front: How Back-Office Data Provides Invaluable Front-Office Insights
By Tim Lind, Managing Director, DTCC Data Services. The capital markets industry has invested billions of dollars to automate back-office processes from trade confirmation all the way through clearing and settlement. The automation business case has typically been based on headcount savings and operational efficiencies, such as scaling operations for higher volumes, effective exception management,…
Rate of Annual Sanctions Growth Nears 15%, According to Refinitiv Report
The Russia-Ukraine war has caused rapid sanctions inflation since March in several autonomous sanctions programs, contributing to a sanctions inflation rate of 14.6% year on year, according to London Stock Exchange Group’s Refinitiv Global Sanctions Index (GSI). Refinitiv’s annual GSI white paper, the second edition of which was released last week, measures and analyses rising…
GLEIF and Swift Reduce Cost of Reconciling Counterparty Data with Certified Mapping of MIC to LEI
The Global Legal Entity Identifier Foundation (GLEIF) has expanded its collaboration with Swift by providing certification for the mapping of Swift’s Market Identifier Code (MIC) to the Legal Entity Identifier (LEI). The resulting open source file will enable market participants that use GLEIF and/or Swift data to link and cross-reference key entity identifiers free of…
Making the Case for Master Data Management
Master data management (MDM) is not a new concept for capital markets participants, but it can be an effective approach to data management when financial institutions face rising costs of ingesting, holding and using data, or when they restructure. Its benefits include streamlining workflows, reducing input error, lowering costs and unlocking the full value of…
Recorded Webinar: The time is now for buy-side firms to re-evaluate their approach to data management
Increased cost pressures, rising volumes of data, and the challenges of legacy systems are pushing buy-side firms to re-evaluate current approaches to data management. The aim is cost-effective, optimised data management that can provide flexibility and scalability, support various data types including ESG data, and ensure headroom for development in line with business objectives. Achieving…
Recorded Webinar: Best practices for creating an effective data quality control framework
Data quality is critical to capital markets processes from identifying counterparties to building customer relationships, regulatory reporting, and ultimately improving the bottom line. It can also be extremely difficult to achieve. One solution is a data quality control framework that includes an automated and systematic process that monitors the state of data quality and ensures…
GLEIF Extends LEI Validation Agent Scheme with Sparkasse Bank Malta and Diligencia
The Global Legal Entity Identifier Foundation (GLEIF) has added two validation agents to the Global Legal Entity Identifier System, bringing the global total of agents able to provide their clients with LEIs to 10. The additions are Sparkasse Bank Malta, a European bank offering corporate and private banking, investment, and custody services; and Diligencia, a…
The Business Case for Master Data Management Transition Within Financial Institutions
Master data management ensures the creation of a “single source of truth” of information for banks and financial institutions that not only provides that the data remains intact but also makes it available and useable across the entire enterprise. Once the information foundation of golden data is established with MDM, the data can be used…