A-Team Insight Knowledge Hub RTI The latest content from across the platform
German Development Bank KfW Implements Markit EDM
KfW, Germany’s largest development bank, has selected Markit’s enterprise data management (EDM) solution to drive BCBS 239 compliance, streamline its data management architecture and support its liquidity and portfolio valuations projects. Markit won the KfW contract after a lengthy public tender process that included a two month proof of concept and gaining business sign off…
Thomson Reuters Increases Frequency of Reference Data Delivery with DataScope Equities Plus
Thomson Reuters continues to build out its strategy of making products as flexible and easy to use as possible with the introduction of Thomson Reuters DataScope Equities Plus, a bulk data feed solution that moves on from intra-day reference data delivery to provide updated data every 15 minutes. Pricing data continues to be supplied on…
Goldman Sachs, JP Morgan Chase and Morgan Stanley Confirm Development of SPReD Reference Data Utility
After much deliberation, Goldman Sachs, JP Morgan Chase and Morgan Stanley have gone public with plans to work with SmartStream to develop a multi-tenanted reference data utility designed to cut the cost of integrating, cleansing and distributing data. The SmartStream Reference Data Utility, informally known as SPReD – Securities Product Reference Data – has been…
Datactics Extends FlowDesigner to Deliver DQ Metrics for Regulatory Data Compliance
Datactics has extended its FlowDesigner data quality platform to offer DQ Metrics, a monitoring and measurement application that allows financial institutions to measure their data compliance against regulations and industry standards on a continuous basis. The company’s initial release of DQ Metrics covers entity identifiers, particularly LEIs required by MiFID II and EMIR, and GIIN…
Talking Intelligent Trading with Andrew Delaney: The European Question
The marketplace is whirring with great minds turning their attention to what the latest ESMA rules for MiFID II actually mean. We’re not sure anyone has completely figured that out yet, but we’ll be watching closely as we’re embroiled in a number of projects that are impacted to various degrees by the latest ESMA utterances,…
Opus Global Acquires Alacra in Drive to Develop World Leading Compliance Platform
Opus Global, a provider of software-as-a-service (SaaS) based compliance solutions has acquired Alacra, a provider of Know Your Customer (KYC), Anti-Money Laundering (AML) and reference data services for regulatory compliance that was set up by co-founders Steve Goldstein and Michael Angle in 1996. Terms of the transaction, which closed today, were not disclosed. The acquisition…
ESMA has Published Its Technical Standards for MiFIR!
By Chris Pickles, Co-Chair of FIX Trading Community’s Reference Data Subgroup and Member of the Bloomberg Open Symbology Team At last the document has arrived – you can find it on the ESMA web site at http://tinyurl.com/nh5spx7. And there are changes in there that are very significant to anyone involved in reference data, in compliance,…
A-Team Data Management Summit: Achieving a Seamless Customer View Across the Enterprise
Managing data to achieve a single view of customers is the aim of many banks. The task can be difficult, especially in banks with numerous silos of customer data, but it can be rewarding and deliver benefits including increased customer profitability and decreased costs of customer service. Approaches to achieving a single view of customers…
Cost and Compliance Drive Increasing Adoption of Centralised Customer Data Solutions
Banks have bought into the principle of centralising data to support Know Your Customer (KYC) compliance and deliver a better customer experience, and are now turning principle into practice. The approaches they are taking to centralise data, the solutions they are implementing and the benefits they expect to accrue will be discussed at this week’s…
Final ESMA Report on MiFID II and MiFIR Technical Standards Recommends XML and ISO 20022 for Regulatory Data Reporting
The European Securities and Markets Authority (ESMA) has published its final report on Regulatory Technical Standards (RTS) for Markets in Financial Instruments II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). The report covers many aspects of the directive and regulation, and concludes debate over market data reporting, recommending that transaction and instrument reference…