Data Management Insight Data The latest content from across the platform
Timefolio Asset Management Selects SS&C’s Solutions to Power Operations
Timefolio Asset Management Singapore, a subsidiary of Korea’s Timefolio Asset Management, has selected a combination of SS&C Technologies services to power its operations. The company was looking for a trusted provider that could support investment operations as they grows. Working with SS&C Eze and SS&C GlobeOp also minimises the number of vendors the company works…
The Trials, Tribulations and Potential Benefits of FRTB Compliance
Fundamental Review of the Trading Book (FRTB) regulation is more prescriptive than former Basel 2.5 market risk requirements, calls for a consistent workflow across risk, finance and the front office, and needs firms to source previously unused and difficult to find data – challenges that many banks have yet to conquer ahead of the January…
FSB Suggests Reducing Cost of LEIs in Response to Review Finding LEI Coverage too Low
The Financial Stability Board’s (FSB) latest review of the Legal Entity Identifier, a Thematic Review on Implementation of the Legal Entity Identifier (LEI), offers an ‘I said so’ to the sceptics, but also recommendations that should benefit firms using the LEI and encourage further take-up that will drive data standards, quality and accuracy across the…
FRTB 2022 Deadline Proves Tricky for Firms and Regulators
Global regulatory implementation of the Basel Committee on Banking Supervision’s (BCBS) Fundamental Review of the Trading Book (FRTB) may be unevenly paced, creating challenges for financial institutions and regulators alike. FRTB was introduced to fix problems that both regulators and the industry perceived with so-called ‘Basel 2.5’ market risk changes, which were put in place…
How to Source and Manage Data for FRTB – The Challenges and Opportunities
Sourcing and managing data for Fundamental Review of the Trading Book (FRTB) compliance is no mean feat, but there are options and choices to be made as firms within the scope of the regulation build out compliance programmes ahead of its January 2022 deadline. A panel session at A-Team Group’s recent FRTB briefing in London…
An Update on the LEI – Where Are we Now?
There are mixed views in our industry about the success of the Legal Entity Identifier (LEI) – questions about lapsed identifiers, comments on a slow rate of adoption, and calls for more regulatory mandates requiring use of the LEI. There are also some tremendous successes in countries such as India, which is not a member…
Derivatives Service Bureau Calls for Industry Input to 2019 Consultation
The Derivatives Service Bureau (DSB) has opened its 2019 consultation with a focus on getting industry feedback on operations such as data submission enhancements, services such as data flow rationalisation, technical issues including infrastructure and workflows, and legal aspects including the fee survey and user agreement forum. The consultation is seeking responses from both direct…
Fenergo Builds National KYC Utility with Bahrain’s Electronic Network for Financial Transactions
The Kingdom of Bahrain has set out to improve financial institutions’ client onboarding and minimise fraud through a partnership with Fenergo. Bahrain’s Electronic Network for Financial Transactions (BENEFIT) is working with the vendor to design and implement a national Know Your Customer (KYC) utility that incorporates blockchain technology. The utility platform will support sectors including…
Annaly Capital Management Implements CuriumEDM to Drive Efficiency and Transparency
Annaly Capital Management, a New York based diversified capital manager, has implemented Curium Data System’s enterprise data management (EDM) solution as part of a multi-phased technology initiative designed to drive operational efficiencies and promote transparency across the company’s platform. Don Choe, chief technology officer at Annaly, says the firm evaluated numerous master data management products…
Refinitiv Puts Data and Compute in the Cloud to Deliver PRIIPs Compliance Service
Refinitiv is building out cloud capability by providing a menu of data and services that breaks down its traditional product outlook. Clients can select the capabilities and content they need, compute is performed in the cloud, and longer term, cloud is expected to unlock some of the costs of platforms, people and processes. An example…