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Data Management Summit: Regulation and Risk Require a New Approach
Regulation and risk are driving a new approach to data management across financial markets, but they are not the only drivers as firms seek cost reductions, operational efficiencies and a means of using data as a business asset. These issues and more were debated by a panel of experts at last week’s A-Team Group Data…
Have you figured out a single view of customer data yet?
Are you feeling the pressure from regulators to sort out your entity data but are frustrated knowing that the promised LEI solution is far from ready? What can you do in the meantime? Some financial institutions are meeting the regulatory requirements by establishing a single client view by cross-referencing data sources to help them achieve their entity data management…
Regulatory Data Handbook 2014
Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been…
Data Management Summit: Regulation and Cost Drive Adoption of Data Utilities
The potential of reference data utilities to cut data management costs and improve data quality was a hot topic at last week’s A-Team Group Data Management Summit in New York. Most speakers and delegates agreed that data utilities will become part of the capital markets landscape, but exactly how they will operate and how the…
Opinion: From Lehman to Amazon – Rethinking Financial Data Management
By Richard Petti, CEO, Asset Control The tide of regulation is rising inexorably, swamping the financial services sector with ever more prescriptive disclosure requirements; from Dodd-Frank to Basel III and Solvency II, the regulatory response to the enduring financial crisis continues to evolve but the direction of change is constant. It’s widely acknowledged that the…
Opinion: Will New Liquidity Reporting Lead to a Big Chill?
By Georges Bory, Co-Founder and Managing Director, Quartet FS The collapse and bankruptcy of Lehman Brothers in 2008 is an extreme example of what can happen when the ratio of liquidity holdings to potential debt is inadequate. The bank was hit with a liquidity crisis as a result of the collapse in the sub-prime mortgage…
Etrali introduces Check Suite to Support Compliance with FCA and CFTC Rules on Call Recording
Etrali Trading Solutions has pulled together functionality it offers around the recording, storing and retrieval of traders’ voice calls to deliver Etrali Check Suite, a solution designed to help firms maintain compliance on the trading floor. The company previously provided on-site engineer checks of recording solutions as part of a managed service, but has packaged…
Opinion: A Smarter Approach to the New Austrian Reporting Requirements
By Lauren Dearmer, Product Marketing Manager, Wolters Kluwer Financial Over the last couple of years Austria’s Central Bank, the Oesterreichische Nationalbank (OeNB), has been working with the financial services industry to radically restructure the way in which financial data is reported. The project was initiated to ‘improve the data quality, specifically methodological soundness and data…
Talking Reference Data with Andrew Delaney: If Only…
I frequently find myself in meetings, on calls, at conferences, listening to people talk about the data and data management impact of regulation. I’ve heard it said many times, by suppliers mostly, that regulation is our friend. And it’s probably fair to say that without regulation, our industry would not be moving at quite the…
Opinion: The Pricing & Reference Data Community – Helping You Tackle Regulatory Challenges
By Marion Leslie, Managing Director, Pricing & Reference Services, Thomson Reuters The current barrage of regulatory reforms sweeping the global financial services industry poses an enormous challenge for all sectors. These changes are impacting banks, broker/dealers, insurance companies, institutional asset managers, hedge funds and their asset servicers such as fund administrators, custodians and prime brokers…