Data Management Insight Regulatory Compliance The latest content from across the platform
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…
Recorded Webinar: Sanctions – The new pre-trade challenge for the buy-side
Sanctions screening at the security level is a relatively recent requirement for the buy-side. It dives deeper than traditional KYC and AML screening and is immensely challenging as firms must monitor frequently changing sanctions lists, source up-to-date sanctions data and beneficial ownership data, and integrate these to screen growing lists of potentially sanctioned securities. As…
Sanctions Screening for Indirect Investments – The Buy Side’s New Compliance Challenge
The global political climate over the past few years has sparked a jump in the use of sanctions to attempt to influence the behaviour of players in the geopolitical landscape. While sell-side firms are familiar with sanctions and have long been required to monitor the securities they trade, own or recommend to clients to ensure…
ICE Benchmark Administration Adds ICE Risk Free Rate Indexes for US Dollar, Euro and Japanese Yen
ICE Benchmark Administration has introduced ICE Risk Free Rate (RFR) Indexes in US Dollar (SOFR), Euro (€STR) and Japanese Yen (TONA). The indexes will be used to replace LIBOR rates and include ICE SONIA Indexes for GBP Sterling that the company released in April 2021. “Expanding the ICE Indexes to cover GBP, USD, EUR and…
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…
Recorded Webinar: Strategies, technologies and services for successful corporate actions automation
Rising volumes and increasing complexity of corporate actions are challenging market participants’ efforts to reconcile data, automate corporate actions processing, and contain costs. The culprits causing these challenges include legacy systems, missing skills, manual processes, data quality issues, and a lack of standardisation. Added to these is the increasing complexity of corporate actions such as…
Discuss the Details of ESG Data Strategy at A-Team’s Data Management Summit USA Virtual
Interested in ESG data strategy? Look no further than A-Team Group’s forthcoming Data Management Summit USA Virtual, which will include a session considering key issues of ESG data strategy including data sourcing and reporting, how to set up an ESG data platform, and the potential of machine learning, AI and data visualisation tools to help…
SIX Survey Shows Shortfall in Automated Corporate Actions Processing
Corporate actions continue to be processed manually despite the need for automation to meet industry demand for near real-time delivery of the data, reduced operating costs and improved regulatory compliance. A survey by SIX – its second annual survey on corporate actions that was carried out between March and May 2021 among global asset managers,…