Data Management Insight Managed Services & Cloud The latest content from across the platform

Upcoming Webinar: Best practice approaches for corporate actions automation

Date: 18 November 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Demand for timely and accurate corporate actions data is growing as volumes and complexity rise, and financial institutions acknowledge the increasingly costly gap between accurate corporate actions processing in real, or near-real, time and faulty processing caused by poor…

LSEG Selects FINBOURNE Platform to Power Wealth and Investment Solutions Businesses

London Stock Exchange Group (LSEG) has selected FINBOURNE Technology’s LUSID Software-as-as-Service (SaaS) investment data management platform to power its wealth and investment solutions businesses. LUSID will be an element of LSEG’s digital and cloud programme, and will provide a scalable and virtual real-time data repository that can consolidate multi-asset class data across the businesses. LSEG…

Scotiabank Partners Google Cloud to Accelerate Global Data and Analytics Strategy

Scotiabank has made a strategic partnership with Google Cloud to increase the bank’s cloud-first commitment and accelerate its global data and analytics strategy. As a Scotiabank trusted cloud partner for data and analytics, Google Cloud will help create a more personal and predictive banking experience for Scotiabank customers in the Americas and across the globe….

Monetary Authority of Singapore Plans Shared Data Platform to Combat Money Laundering

The Monetary Authority of Singapore (MAS) plans to introduce a digital platform and enabling regulatory framework that will allow financial institutions to share data on customers and transactions with the aim of preventing money laundering, terrorism financing, and proliferation financing – a means of raising, moving or making available financing, funds, assets or other economic…

The Increasing Importance of Data Management for Financial Firms of All Sizes

By Keith Bunnell, Global Head of Data Management Services, Bloomberg. Information has always been the lifeblood of the financial industry. A money manager with more data that provides real insights will have an edge over its competitors. That isn’t new. What is new is the amount of data and the types of data that are…

EDM Council Publishes Cloud Data Management Capabilities Framework

The EDM Council has published a Cloud Data Management Capabilities (CDMC) framework that includes a comprehensive set of data management capabilities, standards and best practices for cloud, multi-cloud and hybrid-cloud implementations. It also incorporates automated key controls to protect sensitive data. The framework is available as a free license to EDM Council members and non-members,…

Recorded Webinar: Adverse media screening – how to cut exposure to criminal activity, from money laundering to human trafficking

Screening for adverse media coverage of counterparties presents an incredible opportunity for financial institutions to limit risk exposures and identify bad actors early. It is required by regulations such as the EU’s sixth Anti-Money Laundering Directive (AML 6), and is one of the most effective ways to steer clear of potential connections with sanctioned activity…

ANNA Service Bureau Migrates to Cloud as Part of Enhancement and Modernisation Programme

The Association of National Numbering Agencies (ANNA) has improved and modernised the ANNA Service Bureau (ASB). Key changes include the migration of the platform to a cloud-based infrastructure, a new user interface with an integrated data quality dashboard, a data challenge ticketing system, and enhanced search and download capabilities. Additional data elements related to the…

Next-Generation Network and Vendor Management: mitigating operational risk in relationship networks

The complex network of relationships that financial institutions have built with multiple partners has created a huge operational burden, resulting in significant operational risk as well as financial and compliance risk. Dating back decades, many of these relationships are now managed as a separate business function, costing organisations millions of dollars. Add in regulatory obligations,…

Hargreaves Lansdown Selects Investment Control Systems for Data Management, Analysis and Reporting

Hargreaves Lansdown, the UK’s largest digital wealth management service, has selected Investment Control Systems (ICS) as its partner for investment data management, analysis and reporting. ICS was selected after a vendor evaluation and peer review that started in early 2021. Hargreaves Lansdown will initially use the ICS ATHENA cloud-based solution as a centralised platform for…