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GLEIF Publishes vLEI Governance Framework to Support Digital Identities for All Legal Entities
The Global Legal Entity Identifier Foundation (GLEIF) has published its planned verifiable LEI (vLEI) Ecosystem Governance Framework and is working with capital markets regulators on how the vLEI could be a means of securing filings and reports. It has also presented the framework for review by the Regulatory Oversight Committee (ROC) of the LEI, which…
How to Source and Manage ESG Disclosure Data to Ensure Compliance
Huge steps have been made in recent years to bring environmental, social and governance (ESG) reporting standards up to the level of reported financial information – but there is still a long way to go. A shortage of company data, a lack of harmonisation on standards, and the sheer volume of data being pumped out…
GLEIF CEO Stephan Wolf Discusses Progress of the LEI and Plans to Increase its Growth
The Legal Entity Identifier (LEI) crossed the 2 million mark of identifiers issued, experienced organic growth of 15% despite no major regulatory implementations, and held a steady 65% renewal rate through 2021. Moving into 2022, projects set up by the Global LEI Foundation (GLEIF) to expand LEI issuance are expected to take off, and the…
SmartStream Air Version 6 Takes Automation and Exceptions Management to the Next Level
SmartStream Technologies has released Version 6 of its SmartStream Air cloud-native AI data reconciliations solution. The release includes two new features: enhanced exceptions management capabilities; and attribute-by-attribute matching. The exceptions management enhancement increases automation, while the solution’s AI capabilities manage discrepancies during the reconciliations process by creating exception cases. Users can track the status of…
Kneip Accelerates Innovation of Fund Data Management and Reporting Solutions with Acquisition of Dataglide
Kneip, a Luxembourg and London-based provider of fund data management and reporting solutions for the asset management industry, has acquired Dataglide, a London-based technology company specialising in data transformation and cloud-based automation. The acquisition follows more than a year’s work by the companies to build a next generation fund data management platform for Kneip. It…
Regulatory Oversight Committee of the LEI Revises Policy on Level 2 Data Reporting
The Regulatory Oversight Committee (ROC) of the Global LEI System (GLEIS) has revised two elements of policy covering the reporting of LEI parent relationship data, also known as Level 2 data. To improve the usability of Level 2 data, the ROC has revised the list of opt-out reasons that can be used by an entity…
Liontrust Implements Fundipedia Platform to Gain Golden Source Data
Liontrust Asset Management has implemented Fundipedia’s data management platform to provide golden source, validated, and trustworthy data for both the company and its downstream data vendors. The project was delivered by Fundipedia’s implementation team, which onboarded Liontrust’s data in less than 12 weeks. Vinay Abrol, chief financial officer and chief operating officer at Liontrust, says:…
2022 – The Year of Transition, Turning Data Management Theories into Practical Solutions
Welcome to Data Management Insight 2022 and some of the hot topics we will be exploring as capital markets participants continue to mainstream data as a resource to improve business value, extend digitalisation, drive up efficiencies, foster innovation, and last but not least, improve regulatory compliance processes. It will not all be plain sailing, however,…
FactSet to Acquire CUSIP Global Services as S&P Global Facilitates Merger with IHS Markit
The holidays brought good news for CUSIP Global Services (CGS) with FactSet making a definitive agreement to acquire the company from S&P Global in a cash deal valued at $1.925 billion. Late last year, the European Commission said S&P Global would have to divest CGS to gain regulatory approval for its planned $44 billion merger…
Tech Mahindra Partners Alveo to Power Data-as-a-Service Solution
Tech Mahindra is back in the capital markets data management game with the selection of Alveo’s FiDaaS solution to offer its customers financial Data-as-a-Service (DaaS). FiDaaS is a cloud-based, centralised market data platform covering pricing and reference data management, and end-to-end financial data management including data acquisition, mastering, quality management, discovery and distribution. The solution…