Data Management Insight Regulatory Compliance The latest content from across the platform
Creating a Data First Mindset in the Capital Markets Sector
By: Clive Bellmore, CEO Europe and Africa, BackOffice Associates Analogies about how vital data is to the digital economy are bountiful. It has even been branded ‘the new gold’, a critical and precious asset that directly impacts business outcomes for companies across the globe and in all sectors. And never more so than in the…
Gearing up for GIPS 20/20
The Chartered Financial Analyst (CFA) Institute released the Global Investment Performance Standards (GIPS) 20/20 Exposure Draft for public comment late last month. The draft outlines significant changes to the current standards that could alter financial firms’ approaches to compliance. Comments on the draft must be made by December 31, 2018, with final adoption of the…
Could Privatisation Give Dun & Bradstreet the Push It Needs to Succeed?
The $6.9 billion acquisition of Dun & Bradstreet (D&B) by a consortium of private equity investors led by CC Capital and Cannae Holdings, announced this week, could herald the streamlining and modernisation of the venerable 177-year-old, publicly traded credit data specialist, according to observers. Founded in 1841 as a credit information provider, the company is…
Challenges and Opportunities of Data Lineage Implementation
Data lineage is critical to regulatory compliance, cost-effective data management, and arming the business with accurate and timely information on which to make decisions. It is also challenging to implement, difficult to sustain and often suffers from a lack of management buy-in and funding. A recent webinar hosted by A-Team Group on how to get data…
JNAM Adopts Hosted GoldenSource Solution for N-PORT, N-CEN Data Compliance
Jackson National Asset Management (JNAM) has selected GoldenSource to provide a fully hosted data management platform to help meet its regulatory obligations. Specifically, the asset manager, a subsidiary of Jackson National Life Insurance, will use the GoldenSource platform to meet requirements for structured data elements inherent in the impending form N-PORT and N-CEN filings with…
DSB Issues Final Consultation Paper on User Fees and Contracts
The Derivatives Service Bureau (DSB), which is responsible for issuing ISINs for OTC derivatives under MiFID II, has released a second and final consultation paper regarding user fees and contracts for 2019. Industry feedback is invited on topics including potential changes to user support services, service level agreements and resiliency after some proposals in the first…
StatPro Adds Regulatory Risk Service Through Acquisition of ODDO BHF
StatPro has acquired the regulatory risk services bureau of ODDO BHF, which provides a managed service for regulatory risk reporting that will be integrated with the company’s Revolution portfolio analytics platform. The deal was made for an undisclosed sum in cash and adds 10 clients to StatPro’s client base in Germany and Luxembourg. StatPro will…
Solving the Data Management Challenges of FRTB
Despite the compliance deadline of Fundamental Review of the Trading Book (FRTB) regulation being pushed back to January 2022, the time to address the data management challenges of the regulation is now. A recent A-Team Group Webinar explored the key data challenges presented by the regulation, identified possible solutions, and discussed best practices for implementation. The…
JWG Partners with BMO on Regulatory Change Management
North American financial services provider BMO Capital Markets has partnered with multi-client regulatory platform JWG to access the firm’s AI-powered, natural-language processing change management system, RegDelta. The system aims to reinvent the global postal system for managing change, through curating holistic data set, enriching it via sophisticated data science, and providing SaaA technology to the…
Recorded Webinar: How to get data lineage right
Data lineage is key to regulatory compliance and financial institutions’ ability to understand and use their data to business advantage. It is also important from an operational perspective, as a successful implementation can identify systems and data feeds that are no longer necessary and can be switched off, saving money and resource. The webinar will…