Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
Membership Has its Privileges: Business Entity Data
By Marc Alvarez, senior director, Reference Data Infrastructure, Interactive Data Pricing and Reference Data At the heart of working with market and reference data is a well recognised fundamental principle that “organisations issue one or more securities that are quoted on one or more markets by one or more market participants”. This one statement sums…
Fighting Back?
The mood in the industry this month seems to be one of serious assertiveness. Not only did market participants give a piece of their minds to data vendors at the bi-annual World Financial Information Conference (WFIC) in Athens, early in October, but the EDM Council also saw an uprising of sorts against the proposals surrounding…
3L3 Committees Publish New Paper on Supervisory Practices for Money Laundering Directive
The three European level three (3L3) committees, the Committee of European Securities Regulators (CESR), the Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pension Supervisors (CEIOPS), have this week turned their attention to the area of anti-money laundering (AML) with the publication of a new report. The 3L3’s Anti-Money…
Is Cloud Computing an Answer to Risk and Reference Data Storage?
This week’s FS Club debate on cloud computing suggested that despite all the confusion around the exact definition of a cloud, what it does represent is potential for the future in terms of data storage. Nick Davies, chief technology officer for Lombard Risk Management, suggested that a private cloud could be used for purposes such…
DTCC Continues on the Case to Pitch its Warehouse as Trade Repository for OTC Derivatives
It seems that a week can’t go by without some mention of a trade repository being made in the US market. This week, the Depository Trust & Clearing Corporation (DTCC) has been doing its bit to renew its call for regulators and financial market participants to use its own Trade Information Warehouse as a repository…
DST Global Solutions Launches EDM and Analytics Offering for Public Pension Funds
Following a rebrand earlier this year and a spate of new hires, investment management solution vendor DST Global Solutions has added a new data management and analytics platform for public pension funds to its portfolio. Jamie Verrengia, performance solution manager for the North American region, explains that its enterprise data management (EDM) platform has been…
CESR Releases Consultation Paper on Trade Repositories in the Derivatives Market: Data Standards on the Regulatory Agenda Again
Echoing the discussions going on over the pond on the subject, the Committee of European Securities Regulators (CESR) has just released a new consultation paper examining the need for a trade repository for OTC derivatives data. The US Securities and Exchange Commission (SEC) chairman Mary Schapiro has been talking about the need for a greater…
RDR Poll This Month: Register Your Vote on the ECB’s Proposals for a Reference Data Utility
We’ve been talking about it over the last few months, but now you can let Reference Data Review (and the European Central Bank (ECB)) know whether you think its proposals for a reference data utility are a good idea or not. The ECB’s proposals have inspired a number of you to write in and many…
…But EDM Council Also Engaged in Much More Work Around Semantic Repository and Entity Data, Say Atkin and Bennett
The discussions at the last EDM Council meeting may have been dominated by debate over the feasibility of the US National Institute of Finance (NIF), but the industry group is engaged a lot of other things as well, according to Mike Atkin, its managing director. As well as the mortgage backed securities (MBS) proof of…
EDM Council Meeting Dominated by Concern Over Achievability of US NIF…
Discussions during the quarterly EDM Council meeting in London last week were dominated by questions regarding the feasibility of the proposals surrounding the establishment of National Institute of Finance (NIF) in the US. The EDM Council itself is currently working on a proof of concept around mortgage backed securities (MBS) data with the NIF, which…