Data Management Insight Data The latest content from across the platform
Asset Control Adds PaSSPort, a Low-cost, Managed Data Service for Specific Use Cases
Asset Control has extended its managed services capability with the release of PaSSPort, a managed data service designed to augment infrastructure with specific use cases quickly and at a relatively low price point. PaSSPort builds on the company’s AC PaSS managed services that were introduced as enterprise solutions early this year and have gained traction…
ESMA Calls on NCAs to Improve Data Quality of Derivatives
The European Securities and Markets Authority (ESMA) has published the results of a 2018 peer review of supervisory actions of six European National Competent Authorities (NCAs), including the UK Financial Conduct Authority (FCA), regarding approaches to enhancing the quality of derivative data reported under European Market Infrastructure Regulation (EMIR). The report complements ESMA’s Data Quality…
ANNA Forms Technology Taskforce to Look at Standard Identifiers for Digital Assets
The Association of National Numbering Agencies (ANNA) has formed a Technology Taskforce (TF-22) on digital assets to look at how standard International Securities Identification Numbers (ISINs) could be used to identify assets such as tokens and cryptocurrencies. This push for standards harmonisation reflects ANNA’s aim to support a transparent, compliant and efficient financial markets structure,…
A Dive Into the Detail of Sourcing and Managing Data for FRTB
There is no silver bullet for compliance with the Fundamental Review of the Trading Book (FRTB). The data sourcing and management requirements of the regulation are among the most difficult that capital markets participants have ever faced, the cost of implementation can be crippling, and the January 2022 compliance deadline has been finalised. So, how…
BIS Publishes New Guidance on CDE Governance
The Bank of International Settlements (BIS), parent of the Basel Committee, has published new guidance on global governance arrangements to harmonise the usage and reporting of critical OTC derivatives data elements (CDE). The new guidelines follow the decision taken by the G20 back in 2009 requiring all OTC derivatives transactions to be reported to trade…
CUNA Mutual Group Implements IHS Markit Solutions as a Cloud-based Managed Service
CUNA Mutual Group, an insurance and financial services company working with cooperatives, credit unions, their members, and other customers worldwide, is following the industry trend of decreasing supplier numbers, moving to the cloud, and consolidating end-to-end solutions as it replaces its front-office trade management system. The company has selected IHS Markit to fulfil its need…
Recorded Webinar: Data lineage – how to ensure you can deliver the right information, to the right people, at the right time
Data lineage is critical to digital transformation, business decisions and regulatory compliance. It is also difficult to implement at scale, not only because large quantities of data across numerous systems must be inventoried and tracked, but also because the data is not static and needs context to make sense to the business. If you are…
Developing Smart Analytics – Firms Seek a New Approach to Business Partnership
Enhanced analytics – or better decision-making information – are one of the key goals of data transformation. However, it is a goal that financial services firms continue to struggle to achieve. Panellists at the recent A-Team Group Data Management Summit in New York City discussed challenges the industry faces and potential approaches to getting analytics…
Knowledge Graphs – the Future of Data Management?
Knowledge graphs are becoming an increasingly popular way of thinking about and organising data within financial services firms. The industry is turning to knowledge graphs as a methodology for making data more accessible, and for use in artificial intelligence (AI) solutions, for example. Edgar Zalite, global head of metadata management within the chief data and…
How to Extract Value from Unstructured Data
Unstructured data offers untapped potential but the platforms, tools and technologies to support it are nascent and are often deployed for a specific problem with little reuse of common technologies from application to application. The challenges of managing and analysing unstructured data, and considerations when making investments in the data, were discussed during a panel…