Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
Bloomberg Hires Richard Robinson to Promote the FIGI
Bloomberg has added former Wipro Technologies executive Richard Robinson to its open symbology team. Robinson was hired this month and will work alongside Chris Pickles to raise awareness of the Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier, that Bloomberg is promoting as a global standard for securities identification. Robinson has stepped into…
What’s Missing from your Client Onboarding Process?
There’s now a spotlight shining on the process of client onboarding due to regulations that are driving change in what is typically a fragmented and decentralised approach. While many firms recognise that getting their onboarding house in order is essential to achieving regulatory compliance and avoiding hefty penalties, addressing those functions in isolation is not…
Entity Data Management Handbook
Following on from the success of our Regulatory Data Handbook, A-Team Group is pleased to introduce its new Entity Data Management Handbook which is available for free download. This Handbook is the ultimate guide to all things entity data: Why Entity Data is important A full review of Legal Entity Identifiers (LEIs) Where they came…
Bloomberg Responds to EMIR and MifID II Consultations With Call for Inclusion of FIGI in Reporting
Bloomberg has responded to a European Securities and Markets Authority (ESMA) consultation on European Market Infrastructure Regulation (EMIR) suggesting the Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier (BBGID), should be used as an instrument identifier for reporting under the regulation. While the ESMA consultation opened on November 10, 2014 and closes today,…
The Data Management Challenges of Client Onboarding and KYC
This special report accompanies a webinar we held on the popular topic of The Data Management Challenges of Client Onboarding and KYC, discussing the data management challenges of client onboarding and KYC, and detailing new technology solutions that have the potential to automate and streamline onboarding and KYC processes. You can register here to get immediate…
Recorded Webinar: The Data Management Challenges of Client Onboarding and KYC
A-Team Group recently held a webinar on the popular topic of The Data Management Challenges of Client Onboarding and KYC, discussing the data management challenges of client onboarding and KYC, and detailing new technology solutions that have the potential to automate and streamline onboarding and KYC processes. If you missed it, don’t worry! You can register…
Swift Considers Client Name Screening Service Based on Sanctions Screening Managed Service Model
Swift has extended its sanctions screening service to support all financial transaction formats and is considering the feasibility of using a similar managed service model to build a client name screening solution that could support banks’ client onboarding and Know Your Customer (KYC) processes. Extensions to Swift’s sanctions screening service cover batch SEPA payments and…
A-Team Webinar Discusses the Next Frontier of Customer Due Diligence
Customer onboarding processes are often complex and burdensome, leading to poor customer service despite significant investment and costly penalties resulting from non-compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. These problems can damage financial firms’ customer relationships, reputations and ongoing business, but they are not insurmountable if collaborative technology approaches are embraced…
Chris Pickles Takes a Leading Role in Bloomberg’s FIGI Campaign
Bloomberg is continuing its campaign to make the Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier (BBGID), the world’s primary security identifier with plans to push the FIGI through the ISO standardisation process and showcase organisations benefitting from the use of the identifier. The campaign is being led by Chris Pickles, former head…
Recorded Webinar: The Next Frontier of Customer Due Diligence for KYC & AML
A-Team Group recently held a webinar on the popular topic of The Next Frontier of Customer Due Diligence for KYC & AML, discussing the current thinking around client due diligence.