Editor’s pick
Are We Nearly There Yet? Gearing Up for DMS London 2020
With less than two months to go until the A-Team Group Data Management Summit 2020 in London, anticipation is mounting and preparations are finalising for what looks to be our biggest and best event yet. Join us as we take a sneak peek at the hot topics, key trends, big names and new innovations that...
Top Blogs
SEC Creates Role of Chief Data Officer to Drive Change
The Securities and Exchange Commission (SEC) has created the role of chief data officer to tackle change and develop the Commission’s data management strategy and priorities; enable data analytics to support enforcement, examinations, and policymaking; and ensure that the agency collects only the data it needs to fulfil its mission and can effectively secure the...
Are We Nearly There Yet? Gearing Up for DMS London 2020
With less than two months to go until the A-Team Group Data Management Summit 2020 in London, anticipation is mounting and preparations are finalising for what looks to be our biggest and best event yet. Join us as we take a sneak peek at the hot topics, key trends, big names and new innovations that...
ICE Data Services Partners BofA to Provide ESG Reference Data Service
Intercontinental Exchange (ICE) Data Services has joined the growing ranks of providers offering environmental, social and governance (ESG) data services. The company is working with Bank of America (BofA) Global Research as a development partner for an ESG reference data service, which it plans to bring to market in the second half of 2020. ICE...
Latest briefs
BIS Releases The Green Swan, a Book Dedicated to the Dangers of Climate Change
A ‘must read’ in times of devastation caused by climate change, the Bank for International Settlements has released a book titled ‘The Green Swan – Climate change and financial system stability: what role for central banks, regulators and supervisors?’. The book considers challenges of climate change and how to address these new risks within central…
FCA Renews Data Strategy
The Financial Conduct Authority (FCA) has renewed its data strategy published in 2013, taking into account the evolution of technology and aiming to transform how it works. The new strategy will be delivered over five years and is designed to make the FCA smarter in the way it uses data and advanced analytics so that…
SteelEye Extends Reach with Office in Paris
SteelEye, a compliance technology and data analytics firm, has taken the next step in its international expansion with the opening of an office in Paris. The office supports SteelEye’s rapid growth and positions the company closer to regulated financial markets in France, as well as the Benelux region, Switzerland and many of its existing clients….
EDI Partners Columba to Deliver Company Future Event Data Service
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data has partnered Columba Systems, a provider of international future financial events data to sell-side and buy-side institutions. The partnership offers clients access to the dates and release times of company results and company meetings, and the dates of upcoming trade…
CAIXA Asset Management Selects Bloomberg AIM Solutions
CAIXA Asset Management, one of the largest asset managers in Brazil and Latin America, is planning to implement Bloomberg’s Asset and Investment Manager (AIM) solutions, including portfolio analytics and risk management, trade execution and compliance tools. The solutions are expected to increase efficiency and lower costs by optimising operations that ensure compliance with regional rules…
Financial Stability Board Publishes 2019 G-SIB List
The Financial Stability Board (FSB) has published the 2019 list of global systemically important banks (G-SIBs) using end-2018 data and an assessment methodology designed by the Basel Committee on Banking Supervision (BCBS). One bank, Toronto Dominion, has been added to the list of G-SIBs that were identified in 2018, increasing the overall number from 29…
Fenergo Launches Digital KYC
Fenergo today announced the launch of a new product enhancement, Digital KYC, a real-time, rules-driven, API-enabled KYC solution enabling financial institutions to automate and perpetuate KYC compliance reviews. The product works with existing client lifecycle management (CLM) solutions, automating continuous customer due diligence (CDD) reviews for low to medium-risk clients and reducing the need for…
ESMA Calls on NCAs to Improve Data Quality of Derivatives
The European Securities and Markets Authority (ESMA) has published the results of a 2018 peer review of supervisory actions of six European National Competent Authorities (NCAs), including the UK Financial Conduct Authority (FCA), regarding approaches to enhancing the quality of derivative data reported under European Market Infrastructure Regulation (EMIR). The report complements ESMA’s Data Quality…
Finantix Reviews Wealth Managers’ Digital Client Acquisition
Finantix has released the results of a wealth management market survey, ‘New Client Acquisition: How can technology drive sales effectiveness in wealth management’. The survey shows a shift by wealth managers towards a more digital approach to client acquisition: 87% said they will increase digital lead generation in the next 24 months, with 54% making…
FSB publishes UPI governance arrangements
The Financial Stability Board (FSB) has published a report on governance arrangements for the Unique Product Identifier (UPI). The UPI will uniquely identify the product involved in OTC derivatives transactions reported to trade repositories. This will help authorities aggregate data on OTC derivatives transactions by product, allowing the effective use of OTC derivatives trade reporting…
Refinitiv partners SigFig on robo advice solution
Refinitiv continues to build its commitment to the wealth management industry through a strategic partnership with SigFig, an enterprise financial technology firm. The partnership delivers digital advice technology solutions to institutional users of Refinitiv’s BETA clearing and custody platform and will enable SigFig and Refinitiv to deliver an integrated, end-to-end digital advice experience for investors…
Asset Managers Migrate to the Cloud
IHS Markit research among asset managers in Europe and North America shows an industry segment becoming more strategic in its approach to data management, but not immune to problems including mounting fees, rising costs and demanding regulations. The research notes 52% of firms use the cloud for data management and a further 28% plan to…
Volante Releases SWIFT Message Validation Service on AWS Cloud
Volante Technologies has introduced financial message validation on the cloud. It is available as an Amazon Machine Image (AMI) on the AWS Marketplace as a microservice to users looking to test their SWIFT Standards Release (SR) 2019 messages ahead of go-live on November 17, 2019. The validation service provides APIs for validating messages ready for…
Broadridge Moves Asset Servicing Solution into AWS Cloud
Broadridge Financial Solutions has made its global asset servicing solution available on the Amazon Web Services (AWS) cloud. A global Tier 1 investment bank is in live operation with the solution and another is onboarding. The company’s end-to-end solution is designed to address industry, business and operational challenges in global asset servicing by streamlining corporate…
Axioma Enhances Canada Equity Risk Model
Axioma, a provider of enterprise risk management, portfolio management and regulatory reporting solutions, has added a new Canada equity risk model (AXCA4) to its next-generation Equity Factor Risk Model suite. The release builds on existing risk models, offering enhanced country-specific content to meet the risk-management needs of investors. The estimation universe for the Canada model…
Latest people
Moody’s Named to the 2020 Bloomberg Gender-Quality Index
Top marks to Moody’s, which has been named to the 2020 Bloomberg Gender-Equality Index (GEI) for the first time. The GEI tracks the financial performance of public companies committed to supporting gender equality and considers five pillars: female leadership and talent pipeline; equal pay and gender pay parity; inclusive culture; sexual harassment policies; and pro-women…
Finantix Hires in Singapore and London
Finantix, a technology provider to the wealth management, insurance and banking industries, continues to hire with a view to developing its Asian and European capabilities and building local teams to support client relationships. Michael Gantenbein joins as account delivery director in Singapore, having previously held senior roles at Flowable, Soreco and Itartis. Gareth Williams joins…
Oliver White Departs Fenergo for Enveil
After almost six years with Fenergo as UK Head of Sales, Oliver White has moved over to take up the position of EMEA Head of Sales with data security specialist Enveil, pioneer of protecting Data in Use. Before joining Fenergo in 2014, White spent eight years with Avox as UK Head of Sales, and was…
Refinitiv Hires Andrea Remyn Stone as Chief Customer Proposition Officer
Financial markets data and infrastructure giant Refinitiv has appointed Andrea Remyn Stone as Chief Customer Proposition Officer and member of the Executive Leadership team, reporting to CEO David Craig. Joining from Dealogic, where she was the Chief Strategy Officer, she will focus on working with customers to develop innovative solutions in open platform technology collaboration…
LSEG Names Arne Staal Head of Research and Product Management, Information Services
London Stock Exchange Group (LSEG) has named Arne Staal to the newly created role of head of research and product management in its Information Services Division (ISD). Staal will lead the two complementary areas of ISD, linking up research and thought leadership with product strategy and development. Staal joins LSEG from Aberdeen Standard Investments where…
Finantix Hires to Staff New Office in Sydney, Australia
Finantix, a provider of technology to the wealth management, insurance and banking industries, has opened an office in Australia to support its expansion in the Asia-Pacific region. The Sydney-based office will be staffed by Martin McCabe as sales country manager for Australia and Todd Yarrow as senior business development executive for Australia. McCabe joins the…
Finastra Hires CDO to Lead Data Product Roadmap
Finastra has hired Lisa Fiondella as chief data officer to lead data strategy. She is responsible for developing a data product roadmap and managing the process of bringing new data products to market based on data mined from the company’s FusionFabric.cloud platform and cloud-based solutions. Fiondella has experience spanning data, analytics, financial services, product management,…
Finantix Adds Senior Hires to Swiss Team
Finantix, a technology provider to wealth management, insurance and banking, has made two senior hires to its Swiss team. Albert Iselin joins as executive director for DACH (Germany, Austria, and Switzerland) and Anja de Troyer joins as client product manager. Both have a remit to support and grow the firm’s presence in the region. Iselin…
All Change at the Bank for International Settlements
The Bank for International Settlements (BIS) has named Jerome Powell, chair of the Federal Reserve System, as chair of the Global Economy Meeting and Economic Consultative Committee. He succeeds Mark Carney. John Williams, president of the Federal Reserve Bank of New York, becomes chair of the BIS Consultative Council for the Americas. Sir Jon Cunliffe,…
Tim Fox Joins SmartStream RDU as Product Manager
Tim Fox has joined SmartStream RDU as product manager with responsibility to evaluate industry requirements and make recommendations on the development of new and existing products. He will also steer the business strategy behind each product, help to gather business requirements and launch new products and industry collaborations. With over 25 years’ experience working in…
First Derivatives Founder Brian Conlon Dies
Brian Conlon, the Northern Irish founder and CEO of the £1 billion+ FinTech firm First Derivatives, lost his battle with cancer on July 28, 2019 at the age of 53. Conlon started at KPMG and worked briefly at Morgan Stanley and software firm Sunguard before starting First Derivatives. He listed the company in 2002 but…
Financial Machineries Makes Three Strategic Appointments
Financial Machineries, a provider of data lineage, sourcing, digital rights management and commercialisation of contributed market data, has appointed Keiren Harris, Frank Verstraeten and Daniel Muri to its team. They bring industry experience, regional insight, and networks of professional contacts from across APAC and continental Europe to the company, which is accelerating its ambition to…
GoldenSource Names Ramesh Pulandaran as Head of Sales for Asia-Pacific
GoldenSource has named Ramesh Pulandaran as head of sales for Asia-Pacific reporting to managing director of global sales and client operations Neill Vanlint. Pulandaran is based in Singapore and will help GoldenSource grow its customer base in the Asia-Pacific region. Pulandaran has more than 18 years of experience in financial services, including stints at SunGard…
Confluence Names Joe Bree as Senior Global Strategic Account Executive
Confluence, a provider of investment data management automation for regulatory, financial and investor reporting, has named Joe Bree as senior global strategic account executive. He has responsibility for expanding Confluence’s global relationships with fund and asset management clients, as well as other service providers and intermediaries. He will also work with the broader Confluence sales…
Fenergo Hires James Follette as Global Head of Commercial and Retail Banking
Following its recent expansion into the commercial and retail baning space, client lifecycle management solutions provider has appointed James Follette as its new Global Head of Commercial and Retail Banking. Follette was formerly responsible for client onboarding and know your customer (KYC) transformation at Citi.
Featured
FEATURED WEBINAR
Upcoming Webinar: Last minute preparations for SFTR: What still needs to be done and are we ready?
Date: 5 March 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET The regulation clock is ticking. Financial firms, especially those subject to Phase I of implementation, are well aware of the impending April 2020 deadline for the Securities Financing Transactions Regulation. The question is, are they ready? Tactical, i.e painful, approaches to compliance…
FEATURED EVENT
RegTech Summit London
Now in its 4th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
FEATURED GUIDE
Best Practice Client Onboarding
Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.
Top White Papers
Contractual Rights Management: It’s Time to Take Control of Data Usage
Contractual rights management has become a hot topic in financial information and market data circles following a number of public instances involving high-profile financial institutions breaching licensing agreements with data vendors – and paying the price with both significant financial penalties and damaged reputations. A potential solution for contractual rights management is the emerging Open...
Adopting AI for Superior Reconciliations
Firms’ reconciliation and exceptions management processes are manually intensive, expensive and prone to error. With rising compliance costs and greater competition narrowing margins in financial services, firms are looking to streamline their reconciliations processes through automation, giving them the opportunity to reduce the number of exceptions they manage and the time it takes to deal...
Addressing the Reference Data Challenges of SFTR
The EU’s Securities Financing Transactions Regulation (SFTR), which comes into effect in April 2020, is a data-heavy transaction reporting regulation along the lines of MiFIR and EMIR, but has a significant reference data element as well. The regulation is extensive, with some 150 data fields in its mandatory regulatory reports, a dozen of which will...
Events and webinars
RegTech Summit New York City
Now in its 4th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
Find out moreRegTech Summit London
Now in its 4th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
Find out moreData Management Summit New York City
Now in its 8th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.
Find out moreTop Knowledge Hub picks
Data Lineage
Data lineage traces data from source to destination, noting every move the data makes and taking into account any changes to the data during its journey for full traceability. It is critical to regulatory compliance and offers numerous business and operational benefits. Read all about what it is, who it impacts, what the challenges and potential solutions are, as well as review our latest content on the topic and a list of solutions providers.
Awards
Data Management Insight Awards
Our Data Management Insight Awards applaud those hard-working vendors delivering data management solutions to the financial industry. Find out how to vote, enter or see the past winners.
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