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New York City Data Management Summit Discusses Data as a Business Asset and Introduces A-Team’s BCBS 239 Handbook
Data governance, risk data aggregation, regulatory challenge, utility models, data architecture, Know Your Customer (KYC), data as an asset and machine learning were just some of the data management topics discussed at last week’s A-Team Group Data Management Summit in New York City. The conference also hosted the introduction of A-Team’s BCBS 239 handbook, which…
Smart Order Routers: Transparency Clashes with Broker Proprietary Model
How do you strike a balance between providing transparency into smart order routing so that buy-side firms can understand how their orders are routed and can meet their best execution obligations, whilst protecting the intellectual property of the sell side firms providing order routing services? That’s a question that traders, asset managers and smart order…
Smart Machines: A $10 Trillion Capacity Windfall or a $10 Trillion Jobs Deficit?
By Adam Devine, VP Product Marketing, WorkFusion Predictable, monotonous data work costs the United States, Canada and Europe over $10 trillion of human intelligence each year, and that number is growing. You know the kind of work: a data analyst sitting in front of two screens, one flashing an endless stream of unstructured content, the…
Markit Aims to Improve Third-Party Risk Management with KY3P Platform
Markit has introduced a utility-type service designed to help banks – and other large organisations – improve their operational risk management around third-party products and services. Called Know Your Third Party (KY3P), the service allows third-party vendors to upload and update information about their businesses once, and permission many banks to access the information as…
Philippe Chambadal Details Development of the SmartStream Reference Data Utility
After the long-awaited public announcement of the SmartStream Reference Data Utility – or SPReD, the Securities Product Reference Data utility – earlier this week, A-Team caught up with SmartStream CEO Philippe Chambadal to find out more about the utility and its ongoing development. The utility is owned jointly by SmartStream, Goldman Sachs, JPMorgan Chase and…
Regulatory Data Handbook – Third Edition
Need to know all the essentials about the regulations impacting data management? Welcome to the third edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today…
Talking Intelligent Trading with Andrew Delaney: A Symphony of Paper Tigers
Some of us were encouraged – relieved, even – to read on various non-value-added news ‘services’ (PR wires?) about the success of the Symphony trader messaging collaboration in securing financial support from Google Alphabet, the new incubator-type funding organisation supported by You Know Who. We were pleased because Google’s support clearly indicated to us that…
German Development Bank KfW Implements Markit EDM
KfW, Germany’s largest development bank, has selected Markit’s enterprise data management (EDM) solution to drive BCBS 239 compliance, streamline its data management architecture and support its liquidity and portfolio valuations projects. Markit won the KfW contract after a lengthy public tender process that included a two month proof of concept and gaining business sign off…
Thomson Reuters Increases Frequency of Reference Data Delivery with DataScope Equities Plus
Thomson Reuters continues to build out its strategy of making products as flexible and easy to use as possible with the introduction of Thomson Reuters DataScope Equities Plus, a bulk data feed solution that moves on from intra-day reference data delivery to provide updated data every 15 minutes. Pricing data continues to be supplied on…
Opus Global Acquires Alacra in Drive to Develop World Leading Compliance Platform
Opus Global, a provider of software-as-a-service (SaaS) based compliance solutions has acquired Alacra, a provider of Know Your Customer (KYC), Anti-Money Laundering (AML) and reference data services for regulatory compliance that was set up by co-founders Steve Goldstein and Michael Angle in 1996. Terms of the transaction, which closed today, were not disclosed. The acquisition…