Data Management Insight Data Innovation (Machine Learning, AI & Blockchain) The latest content from across the platform

Adapting your Data Strategy and Best Data Management Practices for Today’s New Normal

Many data managers are having to work fast to adapt their data strategy to today’s new normal and are finding that this is providing a catalyst for change and digital transformation. This crucial theme is something we’ll explore in detail with many of the industry’s leading practitioners from HSBC Securities Services, UBS Asset Management, Société Générale, Scotiabank, Black…

FeedStock in Hiring Spree on the Back of AI Growth

The groundswell of interest in AI is certainly buttering the bread of some pioneer Fintech firms, which are now leveraging the momentum of 2020’s growing interest to expand their operations outwards. One of these is London-based AI-driven data analytics platform FeedStock, which this week announced two new hires in a bid to build out its…

S&P Global Market Intelligence to Distribute Data Through Snowflake Cloud

S&P Global Market Intelligence today confirmed a new collaboration with cloud data specialist Snowflake to deliver S&P Global’s financial, textual, ESG and alternative data through Snowflake’s cloud platform. In doing so, S&P Global becomes the latest major data provider to join Snowflake’s growing mandate (along with FactSet, who teamed up with the cloud provider back…

Nice Actimize Moves Financial Crime Fighting to the Cloud

Financial crime and compliance giant Nice Actimize this month launched its brand new Xceed AI cloud-native platform, which it claims will revolutionise AML and fraud prevention for financial services by accelerating their cloud and digital transformations. The new solution integrates AI, data intelligence, behavioural analytics, and insights within a unified cloud platform designed for a…

OneTrust Launches Schrems II Solutions After Landmark EU Judgement

The landmark decision in July from the Court of Justice of the European Union (CJEU) on Schrems II has changed the way that organisations must manage personal data transfers – creating a whole raft of new challenges that firms must urgently address. To legally transfer personal data from the EU to a third country, it…

The Reconciliations Revolution: How COVID-19 is Shining a Light on Outdated Technology

By Mark Bolton, Head of Sales, International, Gresham Technologies. Automation was once embraced wholeheartedly by reconciliation departments as companies leaped at the opportunity to integrate the latest efficiency driving technology to bring about change and improvement. However, in more recent times this has been replaced by a mood of complacency and stagnation, characterised by a…

FeedStock Joins Red Hat Container Ecosystem

AI-driven data analytics platform Feedstock has completed Red Hat Container certification for its FeedStock Connector and has been published in the Red Hat Ecosystem Catalog. The certification enables FeedStock to use Red Hat’s container registry and deploy Red Hat certified containers in FeedStock’s client environments, enabling frictionless deployment at scale of its automated data management solutions….

Quantexa Raises $64.7m to Drive Big Data and Analytics Growth

Quantexa, a contextual decision intelligence software company, has closed a Series C round, raising a further $64.7 million (£51.2m) in funding to expand its Contextual Decision Intelligence (CDI) technology into new arenas including big data and analytics, following a strong four years of growth that has seen the firm capture a wide range of tier…

ESMA Affirms Importance of Data-Driven Strategy for EU Digital Finance Initiative

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has submitted a response to the European Commission’s (EC) consultation on a new digital finance strategy for the European Union (EU), in which it reiterates the crucial importance of a data-driven financial services sector. Benefits of digitalisation, according to ESMA, would include increased speed,…

Goldman Sachs Invests in Data Security with $50m jSonar Stake

Database security platform jSonar has closed a $50 million investment from Goldman Sachs in its first institutional round of funding. The firm focuses on managing database risk, which has historically been plagued by high costs and output, often limited to a basic set of compliance reports. With the adoption of the cloud and the dynamic landscape of…