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Data Management Summit: Guidelines for Effective Data Governance
Data governance is increasingly important in a data management environment driven by regulatory requirements and cost constraints, but to be effective it needs to be underpinned by cultural change across an organisation, supported by active data governance committees and able to ensure ongoing ownership of core datasets. The need for effective data governance to address…
Datactics Adds Data Quality Manager to FlowDesigner Platform
Datactics has extended its FlowDesigner data quality and matching software with the addition of Data Quality Manager (DQM), a browser-based application that makes the software easier to use and control across a firm with multiple data sources and an existing master data management solution. DQM works with FlowDesigner to support rapid configuration and management of…
Opinion – BCBS 239 Compliance: Slip Slidin’ Away?
By Jennifer L. Costley, Ph.D., Principal, Ashokan Advisors “Slip slidin’ away Slip slidin’ away You know the nearer your destination The more you’re slip slidin’ away…” – Paul Simon A couple of weeks ago, the Basel Committee on Banking Supervision (BCBS) issued their second annual progress report on the adoption of the Committee’s Principles for…
Mizuho International’s Implementation of GoldenSource EDM Reduces Operational Risk and Improves Data Quality
Mizuho International has reduced operational risk, improved data quality and cut down the time it takes to onboard clients by replacing legacy systems and manual processes with an enterprise data management (EDM) solution from GoldenSource. The London-based securities and investment banking arm of Mizuho Securities, part of the Mizuho Financial Group, selected GoldenSource EDM in…
Legal and General Investment Management Picks Sun Street’s Curium for Data Quality Management
Legal and General Investment Management (LGIM) has completed its initial implementation of Curium DQM across its data management and investment operations teams in London and Chicago as part of its drive to meet key data governance objectives and visibility of data across the enterprise. At LGIM the first phase of Curium DQM adoption provides a…
New York Data Management Summit: Getting Ready for Basel Committee Regulation BCBS 239
The Basel Committee on Banking Supervision regulation BCBS 239 is a game changer, requiring banks to review and sometimes renew their data management processes in order to strengthen risk data aggregation capabilities and push risk reporting towards near real time. The challenges of BCBS 239 were the subject of a discussion session at A-Team Group’s…
New York Data Management Summit: Data Governance for Improved Data Quality
Regulatory requirements and internal needs for improved data quality are pushing data governance up the agenda at many financial institutions. In response, data governance policies are being implemented and firms are considering tools and techniques that could support and sustain better data quality. Approaches to data governance were discussed at A-Team Group’s recent New York…
EDM Council Plans January Release of Version 1.0 of its Data Management Capability Model
The Enterprise Data Management (EDM) Council will release version 1.0 of its Data Management Capability Model (DCAM) on January 15, 2015. The model defines the scope of capabilities needed to establish, enable and sustain a mature data management discipline, including strategy, organisational structure, technology architecture and operational best practices. The council’s DCAM model builds on…
Regulatory DataCorp Builds Up Risk and Compliance Business in Europe
Regulatory DataCorp (RDC), a provider of governance, risk and compliance solutions, has built up its European business to include over 50 global banking institutions, insurance firms, corporates and financial technology providers since it established a London office in May 2014. Set up in 2002 in the US by 20 leading financial institutions, RDC provides industries…
A-Team Webinar Details the Data Management Implications of Solvency II
Solvency II presents major data management challenges for insurance firms, asset managers, their custodians and fund administrators, but compliance can provide opportunities to optimise portfolios, reduce capital holdings and build data architectures that can satisfy not only Solvency II, but also other incoming regulations. The data management implications of Solvency II were discussed recently during…