A-Team Insight Knowledge Hub DMI The latest content from across the platform
Alternative Asset Managers Struggling with Data Consistency Issues During COVID-19
Although asset managers are looking to leverage digital-first outsourcing providers, native cloud platforms and data management core competencies to continue moving forward amid the global pandemic, data consistency issues are holding up progress. Indus Valley Partners, a provider of tech solutions & services to the buy-side, surveyed over 60 asset management CXOs at its virtual…
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,…
Volker’s Rules: What’s the Current Deal with Exchange Data Fees?
By Volker Lainer, VP Product Management, GoldenSource. Last week, the SEC and the US Justice department dotted the i’s and cross the t’s on an agreement that will lead to greater scrutiny of the fees charged by stock exchanges for market data. The move represents the latest attempt to try and resolve a long running…
Santander Selects ThetaRay’s AML Solution to Boost Data Lineage Capabilities
Banco Santander has joined forces with ThetaRay, a provider of AI-based big data analytics, to utilise its AML solution for correspondent banking. The rules-free solution uses machine learning algorithms to identify anomalies in SWIFT and KYC data that point to money laundering, enabling early resolution. The system will analyse the bank’s SWIFT traffic, risk indicators…
How to leverage the LIBOR transition to improve your data management game
The final goodbye to Libor has been described as the Y2K moment for data managers in financial services – and with the phase-out slated for the end of 2021, firms need to act now to ensure a smooth transition. The replacement of Libor with alternative benchmarks presents an immense challenge for financial institutions, especially given…
Cloud Data Protection Specialist Clumio Teams up with Microsoft 365
Clumio, a California-based cloud-security start-up focusing on software-as-a-service (SaaS) for enterprise backup, has added Microsoft 365 to its secure backup-as-a-service, providing organisations running Microsoft 365 with a globally consolidated data protection service as the global coronavirus pandemic sees a rapid increase in ransomware attacks and email scams. The two-year old company, which in December 2019…
FMSB Urges Strengthening of Data Standards to Balance Tech Evolution
The FICC Markets Standards Board (FMSB) in its latest Spotlight Review warns that if markets are to remain stable and trusted, fair and effective, then the rapid growth of new technology and of data science must be balanced with more effective governance and control. The report, which examines the crucial role of data management in…
How a Great Private Bank Can Be Greater Still with the Right CRM
By Alessandro Tonchia, Co-Founder and Head of Strategy at Finantix The best relationship managers are proactive with their clients. Not only do they know the client history and have to hand everything a client asks for or currently requires, they also anticipate requests, and can even point their clients to interesting, relevant information that might…
Covid-19: The Importance of a Centralised Book of Records for Accurate Stress-Testing
By Joseph Cordahi, Product Strategy Director at NeoXam. Stress-testing has become a common tool of regulators and central banks to assess the readiness of banks to deal with sudden volatility in global markets. With Wall Street suffering its worst day since the 1980’s in March, and Covid-driven volatility set to grip the global economy for…
The Symbiotic Relationship Between Data and Technology: The Path to Building the Perfect Solution
By Charlie Heidlage, CLEAR Corporate Investigative Sales Partnership Manager, Thomson Reuters. The link between data and technology within Risk departments is an ever growing and evolving relationship. As data becomes deeper, wider and more complex, so must the technology solutions to handle and capitalize on this complexity. Our “Big Data” world not only allows for…