Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
CUSIP Global Services Makes its CABRE Business Entity Database Freely Available to CUSIP Customers
CUSIP Global Services (CGS) today announced plans to make its CABRE business entity identifier database freely available to CUSIP customers, effective 1 December. The new standard code, known as a CABRE (CUSIP Avox Business Reference Entity identifier), was created through a strategic partnership between CGS and Avox Limited, a DTCC company. The CABRE database is…
Avox and GoldTier Partner on Enhanced ‘Know Your Customer’ System
Avox, a supplier of legal entity data on financial entities globally, announced today that it has partnered with GoldTier, a compliance software provider, to create an enhanced system to help the financial industry comply with increasingly strict regulatory “Know Your Customer” (KYC) requirements. GoldTier is a leading provider to financial firms of software for onboarding…
ECB’s Trichet on the Importance of Stats: Reading from the Ref Data Utility Hymn Sheet?
Last month, European Central Bank (ECB) president Jean-Claude Trichet delivered the opening address to the central bank’s own conference on statistics and much of his speech was strangely familiar. Referring directly to the need for a “public reference data utility” that could provide “standardised information on instruments and entities that would be operated on the…
BarCap’s Data Quality Head Nagle to Join Deutsche Bank Later This Month
Current global head of data quality at Barclays Capital Llew Nagle is soon to depart for data pastures new, when he joins Deutsche Bank later this month in a similar role. Nagle has been with BarCap since 2001 and earlier this year was promoted to the brand new role of head of data quality. Over…
iPads, Apps and Tweets, Oh My!
One of the most notable things about this year’s Sibos, on both the exhibition floor and in the sessions, was the prevalence of mobile technology. Many of the vendors and banks in attendance were touting their new apps to bring the middle and back office into the 21st century. Whether it was the ability to…
SIX Telekurs and Expersoft Systems Announce Strategic Partnership
SIX Telekurs has signed a strategic partnership with Expersoft Systems, a global vendor of portfolio and wealth management platform solutions. The agreement allows the two companies to combine their cutting edge solutions, thereby offering small and medium sized independent providers of wealth management services for high net worth individuals (HNWI) and institutional clients a unique…
GoldenSource RiskHub to Help Financial Firms Achieve a Holistic View of Market, Credit, Liquidity and Counterparty Risk
GoldenSource, a provider of data management solutions for risk mitigation, today announced RiskHub, a suite of products to help risk professionals implement highly automated, timely and cost effective risk management strategies. With firms pushed to increase transparency of their risk and data governance and meet more stringent regulatory requirements, GoldenSource RiskHub provides a flexible and…
Reference Data Rather Than Alcohol?!
Yesterday’s panel session on a reference data utility was surprisingly well attended, given the fact it was last thing on the first day of the conference and drinks were being served outside on the exhibition floor. Testament to the importance of the subject in an environment where everybody is waiting for the regulator’s hammer to…
London Stock Exchange Group Launches UnaVista Confirmations Portal
London Stock Exchange Group today announced the launch of the UnaVista Confirmations Portal. David Lester, Director of Information Services at London Stock Exchange Group, commented: “The cost for firms using outdated manual processes such as faxes and emails is high.Manual processes significantly increase the risk of trade confirmations failing. UnaVista reduces risk and cost by…
Systemic Risk Does Not Just Impact Data Management, Warns Northern Trust’s Skinner
Although a lot has been said about the data management impacts of systemic risk monitoring, data managers must not lose sight of the bigger picture, Nick Skinner, head of data management strategy at custodian bank Northern Trust, warned attendees at this week’s EDM Council and Headstrong event in London. The push by regulators to more…