Data Management Insight Data The latest content from across the platform
Tech Mahindra Details Global Data Utility Based on Acquired UBS Platform
Tech Mahindra, a business process outsourcing specialist and parent of London-based investment management technology consultancy Citisoft, has repositioned a reference data platform acquired from UBS Global Asset Management to offer an offshore reference data utility aimed at meeting market demand for lower cost, high quality data that can reduce risk and increase efficiency. The global…
Wolters Kluwer Expands Portfolio of Regulatory Reporting Solutions
Wolters Kluwer Financial Services is expanding its portfolio of national regulatory reporting solutions through an agreement to acquire Svenson, a software suite dedicated to the Austrian market, from SmartStream. Terms of the deal have not been disclosed, but the acquisition is expected to close this summer and will include the transfer of Svenson’s 15 employees…
LSE Details Go-Live of Pre-LEI as Regulatory Oversight Committee Reviews Global LEI System
The London Stock Exchange (LSE) is planning to go live with the issue of pre-legal entity identifiers (pre-LEIs) called Interim Entity Identifiers (IEIs) on July 31, following its confirmation June 6 as a pre-Local Operating Unit (pre-LOU) under the sponsorship of the UK Financial Conduct Authority. The exchange detailed its plans this week during a…
Datactics Launches Suite of Tools to Address Regulatory and Other Data Management Challenges
Datactics has launched a suite of data management tools aimed at helping financial institutions deal with the raft of regulatory requirements now impacting legal entity and other data types, including the new global Legal Entity Identifier (LEI). Datactics is offering a flexible solution that meets the data management needs of any size of financial institution,…
Aim Software Upgrades Gain to Meet Pricing Needs of Clearstream International
Aim Software has responded to a request from Clearstream International for increased pricing performance and timely price delivery with an upgrade to its Gain data management platform. The upgrade can support daily pricing of over 700,000 records based on 2 million raw prices in less than 20 minutes. Clearstream International, the international central securities depository…
Getting Ahead in Fund Pricing
Faced with greater regulatory scrutiny, increasing workloads, more sophisticated client requirements and continued pressure on costs, fund administrators are heavily challenged to improve their operational efficiency across alternative and traditional funds to keep service quality levels high. With fund managers looking again to create new products, fund administrators are in a unique position to act…
Talking Reference Data with Andrew Delaney: Is Lance Uggla the New Michael Bloomberg?
No, he’s not running to be mayor of New York, as far as we’re aware. But he is leading a company that has pretensions for the No. 1 slot in financial information and infrastructure. That’s our conclusion from recent events at Markit, and the growing swell of talk about what’s to come in the not-too-distant…
Swedbank Robur Extends use of SimCorp Dimension to Cover Solvency II
Swedbank Robur has extended its use of SimCorp Dimension to include the software provider’s Solvency II solution. The asset manager was already using Dimension as its core investment management platform and its choice of the software for Solvency II was a natural move as the platform already includes most of the functionality required to meet…
Razor Risk and Numerix Partnership Delivers Integrated Enterprise Risk Solution
TMX Group’s Razor Risk Technologies, the Australian enterprise risk provider acquired by TMX early last year, has teamed up with Numerix to strengthen its front-office capability and offer an integrated front-to-back risk solution. The Razor platform will call on Numerix’s pricing models for its credit risk, market risk and economic capital management solutions, supporting clients…
Recorded Webinar: Dealing with Reality – How to Ensure Data Quality in the Changing Entity Identifier Landscape
This webinar has passed, but you can view the recording here. The development of the global legal entity identifier standard has put a focus on entity and customer data. Financial institutions are struggling with a range of quality of issues. The emergence of several so-called pre-LEIs has added complexity to the situation. How are firms…