Data Management Insight Data Science & Analytics The latest content from across the platform
SmartStream Combines Air, RDU to Offer Comprehensive Transaction Reporting for MiFID II
SmartStream Technologies has combined its SmartStream RDU reference data utility with its SmartStream Air (Artificial Intelligence Reconciliations) solution to create a new offering that provides regulated entities with comprehensive reporting capabilities for MiFID II. The new solution – Transaction Reporting Reconciliation and Reporting Decision Control – aims to address regulators’ growing requirement for completeness and accuracy…
Recorded Webinar: How to optimise the business value of your data using agile data governance
Data governance is transforming from a risk management and compliance tool with limited and prescriptive controls, to a solution that can help you optimise the business value of your data. In this role, data governance must scale to manage rising volumes of data, more and different data types, and changing user requirements, while continuing to…
FD Partnership with Microsoft Promises KX-Based Apps Designed to Help Firms Innovate and Grow
FD Technologies, parent of KX and its kdb+ time series database since June 2019, has made a strategic partnership with Microsoft to expand the reach of its KX Insights streaming data analytics platform as organisations look to modernise data infrastructure for real-time decision making. The partnership includes two elements – KX has agreed to work…
Snowflake Acquisition of Streamlit Will Accelerate Data Apps Development
Snowflake has signed a definitive agreement to acquire Streamlit, provider of an open source framework that enables developers and data scientists to build and share data apps quickly and iteratively, without the need to be an expert in front-end development. The company says more than 1.5 million apps have been built using the framework. Following…
S&P Global and IHS Markit Close $44 Billion Merger
S&P Global and IHS Markit have finalised their merger, a little more than a year since it was formally announced December 2020 and following regulatory approval for the companies to close the deal from the UK’s Competition and Markets Authority and the European Commission. The $44 billion merger, the biggest ever seen in capital markets,…
Databricks Lakehouse for Financial Services Differentiates with an Open Source, Multi-Cloud Platform Hosting Use-Case Accelerators
Following the release of Databricks’ Lakehouse for Financial Services, Data Management Insight caught up with Junta Nakai, financial services global industry lead, to discuss the details of the open source, multi-cloud platform that includes use-case accelerators, real-time analytics, and AI, and is designed to help financial institutions modernise and innovate their approach to data. The…
Bank of England and FCA Artificial Intelligence Public-Private Forum Publishes Final Report
The Bank of England and Financial Conduct Authority’s Artificial Intelligence Public-Private Forum (AIPPF), which was set up in October 2020 to share information and understand the practical challenges of using AI within financial services, has published its final report. The report focuses on three areas of potential risk in AI systems – data, model risk,…
GoldenSource Integrates FactSet Truvalue Labs ESG Data into ESG Impact Product
GoldenSource has integrated FactSet content, including Truvalue Labs ESG data, into its ESG Impact product. The EDM solution provider will also be listed on the Open:FactSet Marketplace, a platform providing data applications and workflow solutions for investment professionals. GoldenSource ESG Impact is positioned to handle interlinked reference data, as well as fundamental and ESG data,…
Refinitiv AI Alerts Provide Actionable Market Insights for Financial Professionals
Refinitiv, an LSEG business, has launched Refinitiv AI Alerts, a market data powered intelligent assistant available in Microsoft Teams. The solution provides personalised, timely and actionable market insights for financial professionals including asset managers, investment bankers, analysts, wealth managers, and traders. It has been built in collaboration with ModuleQ, a leader in human-centered AI, with…
ActiveNav Discusses How to Eliminate ROT and Find Value in Unstructured Sensitive Data
Sensitive data is a sensitive subject. When it is breached, fallout for the firm involved spans from reputational damage to a dent in revenue. In worst case scenarios, small companies may not be able to recover. For large financial institutions, a breach of unstructured sensitive data can be a huge reputational and financial blow as…