A-Team Insight Knowledge Hub DMI The latest content from across the platform
SimCorp Urges a Holistic View of Buy-Side Retooling to Enable AI
You don’t have to scratch far below the surface of the artificial intelligence hype machine to see that many financial institutions are experiencing challenges in implementing the technology. Our own Data Management Insight annual preview in January of predictions for the coming year found that vendors and users alike reported the dawning of a realisation that, for…
Ensuring AI-Focussed Institutions Take out the Garbage: A-Team Group Webinar Preview
As data quality rises up institutions’ AI-implementation agendas, the next A-Team Group Data Management Insight webinar will take a deep-dive look into how they can ensure the information they feed into their models will give them accurate and valuable outputs. Avoiding Chaos The data management maxim of “garbage in, garbage out” can’t be more appropriate for artificial…
EU’s AI Act Seen Strengthening Data Foundations but not Without Challenges
The European Union’s Artificial Intelligence Act, which went into force this month, has presented financial institutions with huge opportunities but also some grave challenges, each of which can only be managed with a strong data foundation. Industry professionals have said that the Act’s provisions, though extensive, can bring clarity to a muddled regulatory view of…
Governance, Security Woes ‘Holding Back Financial Sector Growth’
Data governance and security concerns are so great among UK financial services companies that they are holding back growth, according to a survey by secure computing company Optalysys. The survey of more than 250 financial company IT professionals found that 70 per cent of decision makers said data security was holding them back, while 45…
Building an AI Data Strategy: Licensing, Governance, and Usage
AI is often seen as a disruptive force, but it is just as much an evolution as a revolution. Machine learning and automation have long been embedded in financial workflows—the key difference today is the scale and power of AI-driven technologies. As these capabilities expand, how should firms navigate data governance, intellectual property protection, and…
Experts Urge Data-Focussed Prep for Asset Management AI Adoption
Leading data practitioners have urged financial institutions to ensure they have suitable data management and infrastructural setups to accommodate artificial intelligence (AI) applications following a report that suggested asset managers are struggling to roll out the technology. The latest in an annual study by professional services giant KPMG found that while asset managers in the…
Businesses Struggling with ESG Data that will Aid SFDR Compliance
Most businesses are struggling to prepare their data to meet a new European regulation that is designed in part to deliver huge troves of corporate ESG information into financial institutions’ systems. More than four-fifths of companies questioned in a study by data mastering company Semarchy said they lack confidence in their data management capabilities to…
Accelex Says its AI Agent Can Tame The ‘Nastiest’ Corner of Data Management
Unstructured data is the bugbear of private market data managers, but one of the latest entrant to the space claims to have a solution that can tame the “nastiest” part of data retrieval – private market fund quarterly reports. Accelex is a London-based artificial intelligence (AI) focussed FinTech that has launched a platform that can prise market-relevant…
Strong Governance, Privacy Policies Can Negate AI Risks, Informatica Says
Debate about the limitations of artificial intelligence (AI) in data management was stoked further this week when a leading vendor warned that applications built on nascent large language model (LLM) technology could pose an “existential threat” to companies if not deployed thoughtfully. Jason du Preez, vice president of privacy and security at cloud data management…
FinScan Data Quality Chief Seeks to End Compliance Failure Excuses
The dog ate my homework. The train was delayed. The postman mislaid your birthday card. At one time or another, we’ve all used a weak excuse to forestall censure for an error of behaviour or judgement. And mostly, we’ve got away with it. In financial regulatory compliance, however, excuses won’t wash. Especially when it comes…