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FeedStock in Hiring Spree on the Back of AI Growth
The groundswell of interest in AI is certainly buttering the bread of some pioneer Fintech firms, which are now leveraging the momentum of 2020’s growing interest to expand their operations outwards. One of these is London-based AI-driven data analytics platform FeedStock, which this week announced two new hires in a bid to build out its…
Nice Actimize Moves Financial Crime Fighting to the Cloud
Financial crime and compliance giant Nice Actimize this month launched its brand new Xceed AI cloud-native platform, which it claims will revolutionise AML and fraud prevention for financial services by accelerating their cloud and digital transformations. The new solution integrates AI, data intelligence, behavioural analytics, and insights within a unified cloud platform designed for a…
OneTrust Launches Schrems II Solutions After Landmark EU Judgement
The landmark decision in July from the Court of Justice of the European Union (CJEU) on Schrems II has changed the way that organisations must manage personal data transfers – creating a whole raft of new challenges that firms must urgently address. To legally transfer personal data from the EU to a third country, it…
The Reconciliations Revolution: How COVID-19 is Shining a Light on Outdated Technology
By Mark Bolton, Head of Sales, International, Gresham Technologies. Automation was once embraced wholeheartedly by reconciliation departments as companies leaped at the opportunity to integrate the latest efficiency driving technology to bring about change and improvement. However, in more recent times this has been replaced by a mood of complacency and stagnation, characterised by a…
The Perils of Inaccurate Data Capture
By Russell Jones, CEO, Fetchify (specialising in SaaS address lookup and data validation solutions). Inaccurate data can be damaging to all aspects of a business. In a 2018 survey, Gartner reported that organisations are negatively impacted by poor quality data, resulting in wasted resources and unnecessary costs to the tune of $15 million annually. Poorly…
EDM Council Launches Cloud Data Management Work Group
Data management trade association the EDM Council this week launched the Cloud Data Management Capabilities (CDMC) Best Practices Work Group, with participation from players including Amazon Web Services (AWS), Google Cloud, IBM Cloud, and Microsoft Azure, as well as over 20 prominent financial industry firms. Co-chaired by Morgan Stanley and Refinitiv, project management is provided…
Recorded Webinar: How far should counterparty screening go? Balancing the ideal and the realistic
Counterparty screening is a regulatory requirement, but do you know enough about your clients’ clients, and beyond? How can you source this information and how does it benefit your business? How far do you need to dig into entity ownership structures? This webinar discusses these challenges and how they relate to your organisation, whether you’re…
FeedStock Joins Red Hat Container Ecosystem
AI-driven data analytics platform Feedstock has completed Red Hat Container certification for its FeedStock Connector and has been published in the Red Hat Ecosystem Catalog. The certification enables FeedStock to use Red Hat’s container registry and deploy Red Hat certified containers in FeedStock’s client environments, enabling frictionless deployment at scale of its automated data management solutions….
ESG, Textual and Movement Data Lead Alternative Data Interest During COVID Pandemic
By Warren Breakstone, Managing Director and Chief Product Officer of Data Management Solutions, S&P Global Market Intelligence. As market participants work to understand their risk, uncover new opportunities, and try to make sense of the current state in the midst of COVID-19, there appears to be a heavier reliance on new sources of insight where…
ASG Technologies Pushes into Australia with Ascention Partnership
Systems management provider ASG Technologies has partnered with Sydney-based data analytics and enterprise performance management specialist Ascention to develop data governance and data lineage solutions for the Australian market. A recent survey of IT professionals by ASG found that two of the top barriers to realizing the full value of data in the enterprise are finding and…