Data Management Insight Data The latest content from across the platform
ANNA Updates on ISIN-to-LEI Service Noting Opt In of US NNA CUSIP Global Services
The Association of National Numbering Agencies (ANNA) has provided an update on the service it provides with the Global Legal Entity Identifier Foundation (GLEIF) to link International Securities Identification Numbers (ISINs) with Legal Entity Identifiers (LEIs). ISIN-to-LEI relationship files were initially released on the GLEIF website in April 2019. They received a positive industry response,…
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…
Datactics’ Addition of AI to Entity Data Resolution Delivers Significant Time Savings
Datactics has added an artificial intelligence (AI) server to its technology stack and is working on use cases that could save industry participants tens or even hundreds of hours spent on manual reviews of entity data matching processes. The company announced its intent to set up a dedicated AI Team led by Fiona Browne, previously…
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…
Broadridge Extends Asset Management Platform with Acquisition of ClearStructure
Broadridge Financial Solutions’ acquisition of ClearStructure Financial Technology, a global provider of portfolio management solutions for private debt markets, will extend the company’s cross-asset asset management platform and is expected to attract new clients. Broadridge’s Software-as-a-Service (SaaS) technology already supports more than 550 hedge funds, traditional asset managers and fund administrators with a front-to-back, multi-asset…
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…
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. Also known as digital rights management, contractual rights management refers to…
Data Quality and Automation for Client Onboarding Remain in Critical Condition
Failing to get client onboarding right can cost firms eyewatering financial fines, reputational damage and long-term client avoidance. These are not new threats for traditional banks, which also face increasing competition from challenger banks, so why have they not sorted out how to get onboarding right? Webinar Recording: Client onboarding – how developments in tech…
Western Asset Management Replaces In-house Built Apps with IHS Markit EDM
Western Asset Management Company, a $450 billion global fixed income asset manager based in Pasadena, California, has selected IHS Markit’s Enterprise Data Management (EDM) solution delivered as a managed service. Western Asset will use EDM to master core datasets including securities, prices, benchmarks and counterparties. Kevin Brennan, head of investment operations at Western Asset, says:…