Data Management Insight Managed Services & Cloud The latest content from across the platform

Rimes Technologies: Will They or Won’t They Sell?

Rimes Technologies won’t comment on a media report that it’s for sale. But a recent news item – published, surprisingly, by Dow Jones’ Barron’s investor newspaper – has sparked speculation on possible acquirers of this benchmark and reference data services provider. Industry executives contacted by Data Management Insight suggest that Rimes could garner interest from…

SimCorp Secures Dimension Licence Agreement with Pennsylvania Pension Scheme

SimCorp has extended its North American client base through a licence agreement with Pennsylvania Public School Employees’ Retirement System (PSERS), which will use the vendor’s cloud-based Dimension as-a-service solution to deliver multi-asset class investment management support and transparency. Also key to the agreement is SimCorp Dimension’s Investment Book of Record (IBOR), which will help the…

Managed Data Services Take Data Management to the Next Level

Adoption of managed data services – or data-as-a-service – is picking up pace as financial services firms face increasing business complexity and the need to be more agile, yet have frozen or reduced data management budgets. With pressure on data management teams to deliver data hungry initiatives, manage new rules and regulations, and integrate innovative…

Asset Managers Let Down by Ineffective Data Management Systems

Asset managers already challenged by regulatory compliance and ongoing pressure on fees are being let down by data management and processes that are not very effective at supporting business and operational decision making. According to recent research commissioned by Asset Control, more than two thirds (69%) of asset managers claim their systems are not very…

Recorded Webinar: How managed data services can support your digital journey

While data management has been very much an in-house function for many asset managers, recent analysis pinpoints accelerators that can help buy-side firms adopt Data-as-a-Service (DaaS) to help them gain competitive edge. The analysis, commissioned by SimCorp Gain, discusses the accelerators and obstacles of adopting DaaS. It also highlights the significant cost benefits and efficiencies…

Broadridge Details Mutualisation Strategy and A,B,C,D Solutions Building Blocks

Broadridge Financial Solutions is addressing the complexity of financial markets and burden of regulation with a mutualisation strategy that builds products once for many clients and includes core A,B,C,D building blocks – artificial intelligence (AI), blockchain, cloud and digitalisation. To find out more about the company’s approach, we talked to Samir Pandiri, president of Broadridge…

A-Team Group Names Winners of 2019 Data Management Insight Awards

A-Team Group has announced the winners of its 2019 Data Management Insight Awards. The annual awards, now in their seventh year, are designed to recognise leading providers of data management solutions, services and consultancy to capital markets participants. See the full list of winners here. The awards were hosted by Andrew Delaney, chief content officer…

Broadridge Partners Tookitaki to Deliver AI Based Data Reconciliation Platform

Responding to the ongoing industry challenge of data reconciliation, Broadridge Financial Solutions has released Data Control Intelligent Automation, an artificial intelligence (AI) and machine learning (ML) platform built for deployment across reconciliation, matching and exception management applications. The solution has been developed with Singapore-based Tookitaki, a provider of AI and ML technology. The platform will…

Why Managed Services Can be the Way Forward in Financial Data Management

By Martijn Groot, Vice President Marketing and Strategy, Asset Control. Data management has long been one of the most difficult and challenging problems facing financial services businesses. Across the sector, change is a given and the resulting data management requirements are a moving target. The latter needs are driven by an increased focus on the…

DTCC Solves FRTB Risk Factor Modellability Problems with Pooled Data Solution

DTCC’s release of a beta version of its FRTB Real Price Observations Data Service provides a pooled data solution designed to help banks within the scope of Fundamental Review of the Trading Book (FRTB) analyse risk factors in line with the regulation’s Risk Factor Eligibility Test (RFET), and review price observation data to understand whether…