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Northern Trust’s Skinner Elaborates on its Data Management Shared Services Centre Development
Northern Trust has been engaged in developing a shared service centre for reference data in order to support its individual business lines over the last year or so, Nick Skinner, vice president of global data management at the custodian bank, explained to delegates at this year’s FIMA. The greatest challenges, according to Skinner, have been…
Thomson Reuters Poaches Credit Suisse’s Hinds as its New Global Head of EDM to Lend User Cred to its Enterprise Ambitions
In line with its recent spate of hiring and reshuffles as it continues to integrate its business units, data giant Thomson Reuters has hired ex-programme manager for reference data at Credit Suisse Sally Hinds as its new global head of enterprise data management (EDM). It has been a year of change for Hinds, who was…
Cadis’ Simpson Elaborates on Recent Wins and Partnership Plans
EDM vendor Cadis has bagged 14 clients so far this year and is potentially set to sign three or four more before 2010 is out, according to CEO Daniel Simpson. The vendor, which has been touting its new Solvency II focused solution since its launch at Sibos last month, has also recently signed a deal…
FRSGlobal Hires Founder of STB Systems and Makes Further Hires in Asia Pacific and Japan
FRSGlobal, part of Wolters Kluwer Financial Services, the industry-recognised leader in content-rich solutions for unified global regulatory reporting and risk management, today announced that it has appointed Michael Thomas as Head of Business Development and Operations for North Asia. FRSGlobal has also made a number of additional new hires in the region to boost its…
GoldenSource’s Vanlint Elaborates on Heightened Focus on Risk Data Management
EDM vendor GoldenSource’s recent risk data management focused launch is reflective of the requirement in the market for increased transparency around the data used to make risk management decisions, explains Neill Vanlint, managing director of Europe and Asia at the vendor. Regulatory developments such as Basel III and Solvency II are driving firms to adopt…
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…
Cadis Solvency II Risk Platform Answer to Group-Wide Compliance
Cadis, the global EDM specialist, today announced its Solvency II risk platform. The platform will provide insurers with the confidence of complete data governance lineage and the level of transparency, visibility and data quality being demanded by tough regulator scrutiny. Daniel Simpson, CEO of Cadis said: “The capital adequacy requirement of Solvency II is the…
A Rethink, Redesign and Retool is Needed for Systemic Risk Monitoring, Contends JWG’s Di Giammarino
In order to be able to properly monitor systemic risk, the industry first needs to understand the gaps in the current data framework and then rethink, redesign and retool the method of controlling “the system”, according to PJ Di Giammarino, CEO of JWG. Speaking at the FS Club event on systemic risk last week, Di…
UK FSA Contemplates Mandating the Introduction of Data Governance Staff and Systems
In keeping with its increased focus on the data details of firms’ transaction reports, the UK Financial Services Authority (FSA) is now contemplating mandating that firms appoint a data governance officer and introduce a data assurance programme to ensure that standards of data quality are being maintained. This is all part of its more intrusive…
Thomson Reuters’ Craig Talks up a More Integrated Approach to Risk Data
The launch of its new Governance, Risk and Compliance (GRC) business unit at the end of last month, is the culmination of two years of integration work behind the scenes at data giant Thomson Reuters. David Craig, who was recently appointed president of the business unit, explains to Reference Data Review that GRC is aiming to support…