Data Management Insight Regulatory Compliance The latest content from across the platform
A-Team Group Introduces 2021 Innovation Awards
Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The…
Time for Financial Institutions to Take Back Control of Market Data Costs
By Yann Bloch, Vice President of Product Management at NeoXam. Brexit may be just around the corner, but it is market data spending that financial institutions are more interested in taking back control of right now. In fact, other than regulatory equivalence post the transition period, it is hard to think of a more prominent…
FTSE Russell Adds Reference Price Files for Digital Asset Market
FTSE Russell, a multi-asset index, analytics and data provider, has released reference price files for the digital asset market in partnership with Digital Asset Research (DAR). The so-called FTSE DAR Reference Price – Benchmark Assets are designed to meet investor needs for accurate price discovery, transparency and consistency in the digital asset market, as well…
Gresham Technologies Extends Presence in Sub-Saharan Africa
Gresham Technologies has signed consultancy Data-Xchange Technologies as a distribution partner for its Clareti software platform in Sub-Saharan Africa. The platform addresses financial control, risk management, data governance and regulatory compliance. Data-Xchange provides process automation services for financial services firms, enabling clients to manage operational risk, compliance and control challenges. Data-Xchange’s Ross Thompson says: “This…
J.P. Morgan Steps Forward as First Validation Agent in Global LEI System
J.P. Morgan has become the first validation agent in the Global LEI System, signalling early interest in the scheme as a means of improving client onboarding and Know Your Customer (KYC) . The validation agent framework was introduced by GLEIF in September 2020 and is designed to help financial institutions improve customer experience, accelerate client…
Making the Case for Ongoing KYC: Why the Time for Change is Now
By John O’Neill, senior vice president, Silent Eight. If you work in financial services then you’re already aware that knowing your customer (KYC) is not just an essential process, it is also a legal requirement. It’s part of the essential tasks banks perform to tackle anti-money laundering (AML) and other financial crimes. Back in June…
Recorded Webinar: Data Science & Analytics – New approaches and capabilities for driving business analytics
Financial institutions are under pressure to maximise the insight they can derive from their data. With data spread across multiple silos and stored in both structured and unstructured formats, embedding analytics into business processes can be difficult and calls for new approaches to data management. Open source database and data processing technologies, as well as…
The UK Regulatory Regime after Brexit – What Comes Next?
By Martin Lovick, Director, and Bobby Johal, Managing Director, ACA Compliance Group. A regime in transition Investment managers are – quite rightly – focusing near-term on the cliff-edge nature of the UK/EU negotiations on future trade arrangements. Their contingency planning will have already considered the likely loss of passporting rights for UK firms exporting their…
FSB Consults on Outsourcing and Third-party Relationships
The Financial Stability Board (FSB) has published a discussion paper for public consultation on Regulatory and Supervisory Issues Relating to Outsourcing and Third-Party Relationships. Coverage includes the financial sector’s response to COVID-19, which highlighted benefits and challenges of managing the risks of financial institutions’ interactions with third parties, and common concerns about the possibility of…
DTCC Details Lessons Learnt and Best Practice Approaches Resulting from its Cloud Adoption Journey
DTCC has highlighted the challenges and opportunities of its cloud adoption journey in a white paper published today and designed to help financial institutions take best practice approaches to cloud implementation. The paper, Cloud Technology: Powerful and Evolving, is authored by the company and recognises financial firms’ ongoing move to the cloud in search of…