Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
US Treasury’s Berner Expounds on the Benefits of the OFR, Discusses the LEI and an Upcoming Conference on Data
This week, the US government organised a roundtable event to discuss the developments around tracking systemic risk and the establishment of the Office of Financial Research. Representing the OFR, Richard Berner, counsellor to the US Department of the Treasury’s Tim Geithner, championed the benefits of reference data standardisation, the recent progress made around setting legal…
Virginie’s Blog – Does Corporate Actions Data Have a Place in a Utility?
The same old discussions about STP and standardisation in the corporate actions space may play out year after year (see my recent blog on which here), but one interesting (and newer, if not entirely new) idea discussed at last week’s CorpActions 2011 conference was the concept of corporate actions event data being stored in a…
Sifma Led Industry Coalition Backs DTCC/Swift as Facilities Manager and Issuer for ISO LEI, ANNA for Support Role
It’s official, the frontrunners in the bid to act as issuer and facilities manager for the incoming legal entity identifier (LEI), Swift and the Depository Trust and Clearing Corporation (DTCC), have received the backing of the 17 strong Sifma led coalition of industry associations and firms (some interesting dynamics in the makeup of the group…
SWIFT BICPlusIBAN Directory Helps Corporates Get SEPA-Ready
At the end of 2012, it will become mandatory under SEPA to use IBANs and BICs to identify the parties to payments transactions. Corporates still using old-style account numbers in their payments messages must have migrated to the new codes by that time. This means that in very short order corporates need to validate the…
Virginie’s Blog – Corporate Actions: Get Over it
This week’s CorpActions 2011 conference in London raised some rather familiar points with regards to the appetite for change in the corporate actions space. After years of talking about standardisation, some progress has been made in drawing up industry best practices (see the recent standards documents produced by many of the industry associations out there,…
Legal Entity ID Working Paper Highlights Change in Regulatory Priorities and Potentially High Costs of Implementation
A recent working paper on the practicalities of establishing a legal entity identifier database highlights the tough challenges ahead and rather than promoting an extensive reference data collection exercise, it suggests that a ‘less is more’ approach is the only sensible way to proceed. The paper is a continuation of the research that was initially…
Citi’s Data Quality Expert Berlanger to Depart Next Week
After five years as director in charge of data quality at Citi, Geert Berlanger is heading for pastures new. Berlanger, who has been heavily engaged in the firm’s counterparty data management project over the last few years (it was kicked off by chief data officer John Bottega back in 2007), will be leaving the firm…
Talend MDM Stretches Beyond 100 Million Master Record Milestone on Commodity Server
Talend, a global open source software leader, today announced that Talend MDM Enterprise Edition, the leading open source Master Data Management (MDM) solution, can now scale to master more than 100 million records on a single $1200 server, providing the ability to accommodate virtually any volume of master data. Released in 2010, Talend MDM is…
MSCI Expands Family of ESG Indices
MSCI, a leading provider of investment decision support tools worldwide, announced today the launch of 25 new MSCI ESG Indices, including: · MSCI Global ex Controversial Weapons Indices Nine new MSCI ESG Indices have been developed for use by institutional investors, including pension funds, and Universal Owners who wish to avoid investments in cluster bombs,…
Princeton Financial Systems Announces Christian Kuechler as Managing Director
Princeton Financial Systems announced that Christian Küchler has taken over the role of the Managing Director. Christian Küchler, who has been working with the company for eleven years, will now have responsibility for Professional Services, Sales and Marketing activities within Princeton Financial Systems GmbH. He will work together with Linda Kane who is Managing Director…