Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
Entity Data Management Handbook – Second Edition
Entity data management is this year’s hot topic as financial firms focus on entity data to gain a better understanding of customers, improve risk management and meet regulatory compliance requirements. Data management programmes that enrich the Legal Entity Identifier with hierarchy data and links to other datasets can also add real value, including new business…
Fidelity ActionsXchange Rebrands to Reflect Range of Corporate Actions Solutions
Fidelity ActionsXchange has rebranded to Fidelity Corporate Actions Solutions with a view to emphasising its provision of not only corporate actions data, but also analyst services and workflow solutions that ensure data accuracy and automate the lifecycle of corporate actions. The update comes as financial institutions extend their use of corporate actions data beyond back-office…
Nikko Securities America Selects Fenergo to Support Regulatory Compliance
Nikko Securities America (Nikko America) is planning to implement Fenergo’s client lifecycle management software across a number of its trading desks. The implementation is focused on helping the company achieve compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and Foreign Account Tax Compliance Act (FATCA) regulation and will use the out-of-the-box version of Fenergo’s…
Swift Adds Ultimate Entity Ownership Data to Entity Plus Directory
Swift has added ultimate ownership data to entities in its Entity Plus directory and is planning to add more hierarchy data to the entity data in line with the requirements of its user community. Entity Plus was made available late last year to support financial institutions’ entity data management processes and compliance with regulations that…
AxiomSL Adds Solution for SA-CCR Compliance to Regulatory Reporting Platform
AxiomSL has added a solution that meets the requirements of Basel’s Standardised Approach for Measuring Counterparty Credit Risk Exposures (SA-CCR) to its regulatory reporting platform ahead of the rule’s compliance deadline of January 1st 2017. SA-CCR will replace the Current Exposure Method and Standardised Method calculations enshrined in the Capital Requirements Directive IV (CRD IV)…
Bloomberg Opens Website Dedicated to the Financial Instrument Global Identifier and Adds API
Bloomberg continues to promote industry use of the Financial Instrument Global Identifier (FIGI), a free and open data standard for financial instrument identification, through the introduction of OpenFIGI.com and OpenFIGI API. The OpenFIGI.com website provides access to tools for identifying, mapping and requesting FIGI datasets, while the OpenFIGI API allows mapping from third-party identifiers to…
Exploring Interconnected Business Relationships
By Michael Goldberg, Content Marketing Director at Dun & Bradstreet How much do you really know about the companies you do business with day in and day out? Sure, you may understand how your growth is affected by dealings with a supplier you’ve worked with for over a decade. But what about the association that…
Exchange Data International Adds ISO 15022 Compliant Corporate Actions Feed
Exchange Data International (EDI) has introduced a fixed income corporate actions service based on the ISO 15022 messaging standard. The service is a response to customer interest in moving away from corporate actions services based on proprietary formats and towards services that are compliant with the ISO 15022 standard. The fixed income ISO 15022 feed…
Recorded Webinar: Client and Entity Data for Client Onboarding
With enticing figures such as annual savings of $5-$20 million per firm being widely quoted, should we be looking at a collaborative approach to harmonising data management for entity and client data for client onboarding and KYC processes? How would it work, what are the obstacles and how can we address them, and how will…
Avox Sets Out Development Plans for 2016
Avox has set out its development plans for 2016, including the introduction of a sanctions screening service, support for MiFID II compliance and enhancements to its managed and Know Your Customer (KYC) services. The company, a specialist in entity data services, will also work with its parent DTCC and other subsidiaries, such as Clarient and…