Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
A-Team Group Data Management Summit Takes Industry by Storm
This year’s London Data Management Summit was a resounding success, answering the questions of hundreds of market participants working to transform, digitalise and innovate their approach to data management and drive value out of data. It touched on technologies from knowledge graphs to data standards that can help users achieve these goals, and provided actionable…
Datactics Extends Cloud-Based Data Matching Capability with Sanctions Match Engine
Datactics has extended its cloud-based data matching capabilities with a Sanctions Match Engine designed to support sanctions screening for Anti-Money Laundering compliance. The first release of the engine is free to use to a limited extent and includes the US Treasury Office of Foreign Assets Control (OFAC) and UK and EU sanctions lists. The sanctions…
IHS Markit Partners Encompass to Speed Up KYC Process
IHS Markit has integrated an automated solution from London-based encompass into its KYC services in a bid to reduce manual processes and drive efficiency. Encompass automates the collection of KYC data from the public domain, including global corporate registries, regulatory listings and exchanges, and is expected to reduce time for data gathering by 30%. Other…
Fenergo Integrates Innovative Graph Technology in Rewrite of Hierarchy Manager
Fenergo has innovated its Hierarchy Manager solution to deliver an ultimate beneficial ownership and counterparty hierarchy modelling and visualisation tool designed to make it easier to manage and visualise complex entity data hierarchies and associated entity structures. Rather than updating its existing solution, Fenergo has rewritten the hierarchy manager to include Force-directed graph technology that…
RapidLEI Adds API to LEI Registration Service that Issues Identifiers in 99 Seconds
Ubisecure, a Helsinki based issuer of Legal Entity Identifiers (LEIs) accredited by the Global LEI Foundation (GLEIF) and provider of the automated RapidLEI registration service that is capable of issuing an LEI in 99 seconds, is extending its capability with the addition of an application programming interface (API). Banks using LEIs in applications and business…
Broadridge Report Reveals Damage of Poor Personalised Communications
Broadridge Financial Solutions has released a rather telling report for those at financial institutions responsible for customer onboarding and client lifecycle management. The report shows that personalisation in communications can make a significant impact on customer loyalty. Some 35% of 3,004 consumers surveyed in the US and Canada said companies they use need to improve…
Datactics Matches 2019 Product Plans with Geographical Expansion and New Chairman
Datactics is on a roll, with strong business growth expected through 2019 leading to the opening of additional offices in New York City and Milan, and the appointment of a new chairman, Edinburgh-based Graham Paterson, a non-executive director at Bailie Gifford US Growth Trust. The business expansion is matched by Datactics’ 2019 product plans, which…
How to Digitalise Client Onboarding and Improve Customer Experience
Financial institutions are improving the client onboarding and the customer experience, but could do better by developing enterprise rather than point solutions, gaining a 360 view of each customer, and working towards digitalising the client lifecycle. During a recent webinar hosted by A-Team’s Data Management Insight and sponsored by Fenergo, a poll question revealed that…
Data Management Insight – All the News, Insight and Information You Need
Welcome to Data Management Insight (DMI), a dedicated section of A-Team Group’s exciting new website that will keep you up to date with all that’s new in data management across capital markets, give you exclusive insights into hot topics, and provide you with information that will add value to your work. Over the coming weeks…
Deficient Data Management Contributes to Poor Customer Experience Costing FIs $10 Billion a Year
Deficient data management lengthens client onboarding and contributes to a poor customer experience that costs financial institutions $10 billion a year and impacts the lifetime value of each client. Other headline statistics in a report from client lifecycle management specialist Fenergo show that improving data and document capture is ranked the highest critical business issue…