Data Management Insight Data The latest content from across the platform
Bloomberg Offers Guidance on Getting Data Annotation Right for Machine Learning
Machine learning has become essential to financial institutions seeking timely business insight and signals of opportunity and risk across the business. At many firms, the technology is being scaled and use cases are proliferating. There are limitations, however, with useful outcomes from machine learning models depending on high quality data that is annotated accurately and…
FINOS and Goldman Sachs Release Legend Open Source Data Management Platform
In pursuit of data collaboration and standardisation across capital markets, the Fintech Open Source Foundation (FINOS) and Goldman Sachs have released Legend, the bank’s flagship data management and data governance platform. The source code for five of the platform’s modules is available from FINOS. Goldman Sachs contributed its PURE logical modelling language and Alloy platform…
Deadlines and Data Management By-Products of LIBOR Transition
The Financial Stability Board (FSB) has published a global transition roadmap for LIBOR that sets out a timetable of actions financial firms should take to ensure a smooth transition from LIBOR to other risk-free rates by the end of 2021. The data management task of transition remains a huge challenge for many firms, but it…
Xenomorph Moves from Product to Solution Sales, Drops TimeScape Brand But Not Technology
Xenomorph has regrouped and is chasing growth following the appointment of Neil Sheppard to lead the EMEA and APAC business, a reset to solution rather than product sales, and restructured funding. The company has been pretty low-profile in the market over the past few years, particularly since Brian Sentance stepped down from the role of…
A-Team Group Releases Regulatory Data Handbook 2020/2021
A-Team Group releases the eighth edition of its ‘best read’ publication, the Regulatory Data Handbook, today. The handbook is a ‘must have’ for capital markets participants, is free of charge, and profiles every regulation that impacts capital markets’ data management practices. Linda Coffman, executive vice president at The SmartStream Reference Data Utility, leads the handbook…
Coronavirus Pandemic Accelerates KYC and Onboarding Strategies
The coronavirus pandemic has been an eye-opener for capital markets firms hit by market volatility, systems unable to cope quickly with change, the need to set up work from home schemes (and security), and changing relationships with customers. Nowhere has this been more visible than in Know Your Customer (KYC) and onboarding functions that have…
Trade Surveillance – Monitoring News and Social Media to Detect Insider Trading
By Helen Bevis, Head of Operations and Strategic Partnerships at SteelEye. To mitigate and manage the risk of insider trading, firms need to use the best tools to effectively identify, investigate and report on signs of wrongdoing. A key component of this is access to benchmark data, which for insider trading should include both news and…
Global LEI Foundation Aims to Accelerate LEI Adoption by Slashing Prices of the Identifiers to Single Digit Dollars
The Global LEI Foundation (GLEIF) is planning to tear down the cost barrier obstructing widespread adoption of the LEI with the implementation of a validation agent role for banks and financial institutions. Expectations are that frequently contended high prices charged to register an entity for an LEI – by way of example Bloomberg charges $65…
SmartStream Offers Affinity Machine Learning Technology in the Cloud
SmartStream Technologies has acknowledged banks’ ongoing move to cloud services and growing interest in machine learning (ML) for data management and discovery with its offer of Affinity, an observational learning solution designed to improve operational data management and data quality processes. Affinity observes how users work, learns from them, and incrementally increases its understanding of…
Bottomline Boosts Anti-Financial Crime Capabilities with Dow Jones Data
Bottomline Technologies, a FinTech specialising in secure business payments, this week announced a partnership with Dow Jones Risk & Compliance: adding key Dow Jones data to its Anti-Money Laundering and Counter Terrorist Financing monitoring and screening capabilities. Dow Jones’s risk data, including politically exposed persons (PEPs), sanctions lists and adverse media entities for the UK,…