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Talking Reference Data with Andrew Delaney: Putting it All Together
After several months of shoe-leather and elbow grease, the agenda for our March 6 Data Management Summit at London’s America Square conference centre is snapping into place. Our rapidly changing marketplace is yielding much food for thought, and plenty of fodder for some good debates. Helping us set the scene at the kickoff this time…
EDMworks Debates the Data Management Demands of Regulatory and Business Change
As numerous regulations come into force this year and financial firms pursue product innovation, client retention and cost reduction, the pressure is on to deliver data management programmes that can absorb change and meet both regulatory and business requirements. The EDMworks Data Practitioner Network gathered recently to discuss the challenges and opportunities presented by regulatory…
Eze Software Prepares a Data Management Solution for AIFMD Reporting
Eze Software Group is bringing its experience of data management for Form PF, a Dodd Frank reporting requirement, to reporting under the Alternative Investment Fund Managers Directive (AIFMD). It is also encouraging funds within the scope of the directive to meet this week’s Financial Conduct Authority (FCA) deadline to file a Variant of Permission (VOP)…
Opinion: Dangerous Data
By Philippe Verriest, Director, Euroclear Data is a vital component of our capital markets. Ensure this data is accurate, and you have a solid basis from which to make considered business decisions. Get it wrong and you risk contaminating many parts of the transaction chain. If there is one lesson that the global financial crisis…
Details of Fatca Compliance Remain Elusive Despite Looming Deadlines
The first deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) is set for July 1, 2014 and it looks like it will stay that way, despite calls from industry participants for a delay on the grounds that they need more time to prepare and that the Internal Revenue Service (IRS) has…
SIX Financial Information Takes Solvency II Compliance Solution to Market
SIX Financial Information has brought together the reference data requirements of Solvency II to deliver a compliance service that is available immediately and is being implemented with initial insurance clients ahead of take-up among asset managers. The service uses reference data already owned by SIX Financial Information as well as some new attributes. These include…
A-Team Hot Topic Webinar: Data Management – A Finance, Risk & Regulatory View
Business knowledge, data centralisation and data consistency are at the heart of successful data management for finance, risk and regulation, particularly as it applies to the complexity of financial institutions operating across multiple regulatory environments. The challenges to bringing these elements together are significant, but they can be tackled and results can include not only…
Global Legal Entity Identifier System is Moved Another Step Closer to Completion
The Regulatory Oversight Committee (ROC) of the global Legal Entity Identifier (LEI) system has taken another significant step forward with the endorsement of three pre-Local Operating Units (LOUs) and the exclusion of 3,000 pre-LEI CFTC Interim Compliance Identifier (CICI) codes from the system. It is also finalising the appointment of a board directors for the…
DMS Review: Regulation, Data Complexity Seen as Key Drivers in Coming 18 Months
Regulation will be the main challenge for data managers over the next two years, but it won’t be the only challenge as data complexity and volumes increase, business users demand better data, and unstructured data becomes part of the big picture. Still more, these challenges must be tackled in an environment of cost constraint. That…
Talking Reference Data with Andrew Delaney: A Little Less Talk and a Lot More Action
“Happy is the man … who before he dies, has the good fortune to sail the Aegean Sea” – Nikos Kazantzakis They say a change is as good as a rest, but a rest sure feels good. And so it is I’m back in the Old Smoke, getting to grips with the task at hand:…