Editor’s pick
Optimising Sustainable Investment Processes – How Asset Managers Can Best Prepare
By Martijn Groot, vice president, Marketing and Strategy, Alveo. Investment strategies are increasingly being driven by environmental social and governance (ESG) criteria and considerations, and ESG investment is growing rapidly. Research from Bloomberg found that assets invested according to ESG criteria are on track to exceed $53 trillion by 2025, representing more than a third...
Top Blogs
NeoXam Connects to Refinitiv Data Platform to Expand Provision of Reference, Pricing and ESG Data
NeoXam has extended its partnership with Refinitiv, a London Stock Exchange Group company, to offer clients a wider range of data sourced for the first time from the Refinitiv Data Platform (RDP) that was released early last year. The data will include reference, pricing, and ESG data as well as data exclusive to the RDP...
Altada Opens London Office to Meet Local Demand for AI Solutions for Asset Management
Altada Technology Solutions, a provider of artificial intelligence (AI) solutions supporting improved data-driven decision making in the asset management community, is expanding on a global basis with the addition of a London office. Through 2021, the company has added offices in New York, San Francisco, Malta, Dublin and Barcelona. Altada was founded in 2018 in Cork,...
Optimising Sustainable Investment Processes – How Asset Managers Can Best Prepare
By Martijn Groot, vice president, Marketing and Strategy, Alveo. Investment strategies are increasingly being driven by environmental social and governance (ESG) criteria and considerations, and ESG investment is growing rapidly. Research from Bloomberg found that assets invested according to ESG criteria are on track to exceed $53 trillion by 2025, representing more than a third...
Latest briefs
Aztec Group Selects Fenergo Client Lifecycle Management Solution
Aztec Group, a specialist in alternative asset classes, has selected Fenergo’s cloud-native Software-as-a-Service client lifecycle management solution to digitalise client and investor journeys. The solution will be rolled out to replace legacy systems for onboarding and compliance as Aztec Group works towards digital transformation. The Fenergo offering is a fully managed, multi-tenant, API-first platform designed…
Finastra Adds €STR, TONAR and SORA Rates to Fusion LIBOR Transition Calculator
Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates and borrowers to calculate ARR in preparation for the end of the majority of LIBOR rates on December 31, 2021. In addition to SOFR for the US dollar and SONIA for pounds…
Railpen Chooses FINBOURNE LUSID to Provide IBOR
Railpen, a large UK pension fund, has chosen FINBOURNE’s cloud-based investment data management platform LUSID as its Investment Book of Record (IBOR). The decision forms a pillar in Railpen’s data management strategy as it continues to enrich in-house operations, adding new and future-proof capabilities across the middle and back office. Railpen made a market review…
SS&C Makes Approach to Acquire London-Based Automation Specialist Blue Prism
SS&C Technologies has made a preliminary approach to Blue Prism Group regarding a possible cash offer to acquire the entire issued and to-be-issued share capital of the company. London-based Blue Prism is a global leader in enterprise intelligent automation. “Automation has been at the forefront of SS&C’s technology initiatives for several years now,” says Bill…
ICE Benchmark Administration Updates on LIBOR Cessation and Synthetic LIBOR
ICE Benchmark Administration (IBA), the authorised and regulated administrator of LIBOR, has provided an update regarding LIBOR cessation and synthetic LIBOR following announcements from the UK Financial Conduct Authority (FCA) made over the past year and focusing on when LIBOR settings will cease and the creation of a synthetic methodology for selected LIBOR settings through…
Digital Token Identifier Foundation Issues First Official DTI Code
DTI Foundation, the registration agency for ISO standard Digital Token Identifiers (DTIs), has issued a first official DTI code for FINXFLO’s native FXF token. FINXFLO, a cryptocurrency liquidity aggregator, says the initiative will promote standards for digital assets and provide a step towards a well-regulated marketplace. DTI Foundation, a non-profit organisation established by Etrading Software,…
SimCorp Adds Investment Accounting as a Service
SimCorp, a provider of Software-as-a-Service investment management solutions, has added Investment Accounting as a Service in response to increased demand from buy-side clients to outsource back-office functions. The multi-asset class service is based on the SimCorp Dimension platform and is part of the company’s drive to become a technology-enabled services company. It will deliver timely,…
KB Asset Management Singapore Selects SS&C to Power Operations
KB Asset Management Singapore, the asset management arm of Korea’s KB Financial Group, has selected SS&C Technologies’ front-to-back office solution for its operations. The solution includes SS&C’s fund administration and middle-office services, and integrates the Eze Investment Suite for order and portfolio management, compliance, and client reporting. The platform has been implemented to simplify operations…
Industry Collaboration Adds LEI Datasets to Amazon Sustainability Data Initiative
A collaboration between the Global Legal Entity Identifier Foundation (GLEIF), OS-Climate and Amazon has resulted in GLEIF’s real-time Legal Entity Identifier (LEI) datasets being made publicly available for the first time in the cloud via Amazon’s Sustainability Data Initiative (ASDI) data catalog. The move was driven by OS-Climate to allow easier integration of LEI data…
Moody’s Acquisition of Bogard Expands KYC Coverage for Politically Exposed Persons
Moody’s has acquired Bogard AB, a provider of data and information on politically exposed persons (PEPs) in the Nordic region. The acquisition advances Moody’s ability to help customers perform Know Your Customer (KYC) screening and research to address financial crime. Bogard covers over 17,000 PEPs, relatives, and close associates across Sweden, Norway, Denmark, and Finland….
IBA Releases US Dollar SOFR ICE Swap Rate for Use as a Benchmark
Intercontinental Exchange’s (ICE) ICE Benchmark Administration (IBA) business has released its US dollar SOFR ICE Swap Rate for use as a benchmark in financial contracts and financial instruments by licensees. The release follows the successful publication of US dollar SOFR ICE Swap Rate settings on an indicative, ‘Beta’ basis since October 1, 2021, and is…
CACEIS selects Cardabel machine learning to optimise reconciliation
European asset servicing group CACEIS has implemented Cardabel’s machine learning (ML) technology to optimise securities and cash position reconciliation as part of the digital transformation of its middle-office outsourcing offer. The Cardabel technology reduces processing times and enhances CACEIS’ reconciliation offering. Sandrine Legrand, head of middle-office at CACEIS, says: “The challenge was to reduce turn-around…
Contour extends use of LEI to inclusion in trade finance network
Contour, a digital trade finance network, has partnered the Global Legal Entity Identifier Foundation (GLEIF) to enable the use of Legal Entity Identifiers (LEIs) within its network and to financially support its members in obtaining their own LEI. By adopting the entity identifier, Contour’s members will benefit from increased confidence among their trading counterparties, lower…
Broadridge Adds AI-powered Anti-Money Laundering Solution
Broadridge Financial Solutions has released Broadridge Anti-Money Laundering Solution (AMLS), bringing new capabilities to the company’s existing intelligent automation suite. The solution delivers an end-to-end machine learning (ML) powered AML platform covering transaction monitoring, name screening, alert prioritisation, and customer risk scoring. The platform is powered by cloud-based AML transaction monitoring software provider Tookitaki.
Encompass Expands into North America
Encompass, a provider of automated KYC solutions, has expanded into North America with office headquarters in New York and the intention to better serve the needs of existing global clients with a presence in North America, as well as secure new clients and partnerships in the region. Alex Ford has been appointed president, North America….
Latest people
Encompass Hires VP of Customer Success and Delivery
Encompass, a provider of automated Know Your Customer (KYC) solutions, continues to build its executive team with the addition of Nicola Pickering to the newly created role of vice president of customer success and delivery. She has worked across client success management, programme delivery and product design, and will be responsible for ensuring an evolving…
Encompass Strengthens Executive Team to Support Entry into North America
Encompass, a provider of automated Know Your Customer (KYC) solutions, has added two members to its executive team to support growth plans. Alan Samuels, previously head of products at the company, and Magalie Pimentel, former head of marketing, have been promoted to vice president, product and vice president, marketing respectively. As well as overseeing the…
Delta Capita Names Ex-Fenergo and Avox Exec Oliver White as Head of CLM Sales
Delta Capita, a provider of managed services, technology solutions and consulting, has appointed Oliver White as head of sales with a focus on the company’s Karbon end-to-end client lifecycle management (CLM) proposition. White joins Delta Capita from Enveil, where he opened and led the London office for the Washington-based privacy enhancing technology company. Prior to…
KX Names ex-TIBCO Executive Mark Bannon as President of Sales, North America
Mark Bannon has joined KX as president of sales, North America, with responsibility for the company’s growth in the region. He will partner the North America sales organisation across finance and other industries to meet growing need for ultra-high performance, real-time data analytics. Bannon joins KX from TIBCO and brings a mix of deep industry…
GoldenSource Hires ex-ION Director to Lead OnDemand Managed Service Solution
GoldenSource has appointed Xavier Gerardin, formerly lead of hosted services at ION, as global head of its OnDemand solution, a cloud-based managed service that provides hosting, technical and business assistance services for the company’s EDM clients. With 20 years’ experience in capital markets, including managing over 100 financial software programmes, Gerardin’s responsibility at GoldenSource is…
NeoXam Names Mark Hembury as Head Of Sales for DACH and CEE Regions
NeoXam has named former SIX Financial Information managing director, Mark Hembury, as head of sales for the DACH – Germany, Austria, Switzerland, and Liechtenstein, and CEE Central and Eastern Europe regions. Hembury held several senior roles across a six-year period at SIX and previously worked at Thomson Reuters, Moody’s Investor Services, and Reuters. At NeoXam,…
Broadridge Hires Ian Strudwick to Lead Expansion Strategy in APAC
Broadridge has appointed Ian Strudwick as general manager and head of APAC as part of its strategy to capitalise on opportunities for business growth in the post-pandemic recovery and demonstrate commitment to the region. Strudwick brings 23 years of experience in the financial services and technology sector to Broadridge and joins from TD Securities, where…
LSEG Names David Harris to Lead Sustainable Finance Product Team
London Stock Exchange Group (LSEG) has named David Harris to lead its sustainable finance product team, part of the data and analytics division. Harris will report to Stuart Brown, group head of enterprise data solutions, and will build on ongoing investment in ESG and sustainable investment indexes, data and analytics products. Harris will also drive…
Gresham Hires Marc Cavell to Lead North America Business Development
Gresham Technologies has appointed Marc Cavell to spearhead business development across North America. Cavell brings over 10 years of fintech experience spanning corporate banking, financial messaging, payments, and cash management to Gresham, previously holding sales roles at Fundtech and Finastra, where he managed key accounts in the US market. He joins an existing group of…
Gresham Hires Harvey Colborne to Drive Sales of Data Control Solutions
Gresham Technologies, a provider of solutions for data integrity and control, has appointed Harvey Colborne to lead business development and sales across the UK and Ireland. Colborne has experience of both the buy and sell-side following a career with roles at JPMorgan, Schroders, and BNY Mellon, as well as technology providers Interactive Data and IHS…
CFTC Adds Role of CDO in Reorganisation
The CFTC has hired a CDO and set up a division of data as part of a reorganisation designed to improve operational efficiency. Recognising the importance of centralised data, the reorganisation brings data practitioners together from operating units including the office of data and technology (which will cease to exist) and the division of market…
Gresham Technologies Continues APAC Expansion with Strategic Hire
Gresham Technologies Plc (Gresham) has appointed Joel Jerome as Director of Sales, APAC to grow the firm’s regional footprint. Globally, heightened market volatility, digital transformation and increased regulatory scrutiny are demanding better reconciliation and reporting of all data types. Jerome’s appointment in Singapore is an extension of Gresham’s commitment to meeting these challenges for existing…
Former Teradata CEO Oliver Ratzesberger, Appointed Chair of OpenCorporates
OpenCorporates, provider of a large open database of companies worldwide, has named former Teradata CEO Oliver Ratzesberger as the first chair of its board. OpenCorporates has grown rapidly in the past nine years with its White Box company data attracting millions of visitors to its website every month. Users include financial institutions, government agencies and…
Milestone Group Appoints APAC Head
Fund processing and oversight automation specialist Milestone has appointed Marian Azer as Managing Director for Asia Pacific (APAC) based in Sydney, Australia. Reporting to London based CEO Paul Roberts, Marian will have overall responsibility for market engagement, client success and go-to-market strategy across APAC, with particular emphasis on the Australian and New Zealand markets. Previously,…
Etrading Software Expands Managed Service Offering with New Hires
London-based Etrading Software, an independent provider of technology-led solutions designed for financial institutions and industry initiatives, has announced three new hires in its London office, as well as a new operational layer in Asia. In Europe, the firm has strengthened its outsourced services delivery capability through the appointment of James Haskell as Business Operations Officer, David…
Featured
FEATURED WEBINAR
Upcoming Webinar: Sourcing and managing ESG disclosure data to ensure compliance
Date: 8 February 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes As interest in ESG investing continues to accelerate, asset managers must source and manage increasing volumes of ESG disclosure data. Data volumes are not the only problem, with different types of ESG disclosure data, the need to master the…
FEATURED EVENT
RegTech Summit APAC
Now in its 2nd year, the RegTech Summit APAC will bring together the regtech ecosystem to explore how capital markets in the APAC region can leverage technology to drive innovation, cut costs and support regulatory change. With more opportunities than ever before for RegTech to add value, now is the time to invest for the future. Join us to hear from leading RegTech practitioners and innovators who will share insights into how they are tackling the challenges of adopting and implementing regtech and how to advance your RegTech strategy.
FEATURED GUIDE
Regulatory Data Handbook 2021/2022 – Ninth Edition
Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to…
Top White Papers
B2B Data Marketplaces and Beyond
Financial institutions and corporations often generate huge quantities of data as a by product of their core activities. This data – details of historical transactions, customer interactions and metadata for referring to instruments, counterparties or entities – can provide valuable insights for industry participants, and form the basis of a meaningful data sales business. But...
Sanctions Screening for Indirect Investments – The Buy Side’s New Compliance Challenge
The global political climate over the past few years has sparked a jump in the use of sanctions to attempt to influence the behaviour of players in the geopolitical landscape. While sell-side firms are familiar with sanctions and have long been required to monitor the securities they trade, own or recommend to clients to ensure...
Next-Generation Network and Vendor Management: mitigating operational risk in relationship networks
The complex network of relationships that financial institutions have built with multiple partners has created a huge operational burden, resulting in significant operational risk as well as financial and compliance risk. Dating back decades, many of these relationships are now managed as a separate business function, costing organisations millions of dollars. Add in regulatory obligations,...
Events and webinars
Recorded Webinar: S&P Recorded Webinar: Confidence and Clarity – Understanding Valuation Risk
This recorded webinar will help you to understand how valuations and pricing have evolved over the last couple of years in the post-crisis environment. In this session, you will hear different perspectives on how market participants have been tackling the valuation risk challenge from Paul Sharkey of Northern Trust, James Dimech Debono of KPMG, and...
Recorded Webinar: Ideas at the Edge – Managing Risk Information in the Siloed Enterprise
This webinar has passed, but you can view the recording here. Risk management has been accepted as the new imperative for financial institutions of all types and sizes. But for Tier 1 and Tier 2 banks and brokerages, the complexity of their organisations is presenting risk professionals with a thorny data management challenge: How to...
Recorded Webinar: What the LEI Means for your Firm
This webinar has passed, but you can view the recording here. This A-Team Webinar looks at the implications of the emerging legal entity identifier (LEI) for financial institutions as they address how to implement the new standard, and offers suggestions on best practices as the LEI becomes available. The industry initiative to develop and promote...
Top 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
A-Team Innovation Awards
We are delighted to announce the call for entry/nomination phase in the A-Team Innovation Awards 2022 is now open! Our A-Team Innovation awards celebrate successful projects within financial institutions (both with vendor support and without) across the financial enterprise.
