Data Management Insight Standards The latest content from across the platform
How to Implement Strategies, Standards and Technologies for Best Practice Customer Data Management
Getting customer data right has been a problem for financial institutions for many years, but it is beginning to ease as regulation drives data aggregation underpinned by data governance, data standards emerge, and technologies replace manual processes. Getting management buy-in to improve customer data has also moved on and become more persuasive as conversations about…
Recorded Webinar: Evolution of data management for the buy-side 2021
The buy-side faced a barrage of regulation in 2020 and is now under pressure to make post-Brexit adjustments and complete LIBOR transition by the end of 2021. To ensure compliance and ease the burden of in-house data management, many firms turned to outsourcing and managed services. But there is more to come, as buy-side firms…
Recorded Webinar: Data management for ESG requirements
Environmental, Social and Governance (ESG) investing is moving into the mainstream, requiring asset managers to develop ESG strategies that deliver for both the firm and its investors. While these strategies can outperform those that do not include ESG factors, there is no clear route to success in an immature market that is only just beginning…
DSB Publishes UPI Implementation Timeline, Lists Products Requiring Identifier, Opens Second Fee Model Consultation
The Derivatives Service Bureau (DSB) has taken three more significant steps towards go live of the Unique Product Identifier (UPI) service in July 2022 with the publication of a draft implementation timeline, an initial list of products that will require UPIs and a second UPI fee model industry consultation focusing on the timeline and encouraging…
A-Team Group Data Management Summit Virtual Hit the Hot Topics of Data Strategy, Regulatory Reporting, KYC and Onboarding
A-Team Group’s Data Management Summit Virtual, hosted last week by president and chief content officer Andrew Delaney, got off to a great start with a day one keynote by Deborah Lorenzen, managing director, head of enterprise data governance at State Street. Lorenzen was followed by panel sessions focused on using data strategy to drive data…
DSB Opens Industry Consultation on 2022 ISIN and CFI Service Provision
The Derivatives Service Bureau (DSB) has opened its 2021 industry consultation on 2022 OTC ISIN and CFI service provision. The consultation paper that will shape DSB activity for 2022 is published on the organisation’s website. Industry will be able to respond until 5pm UTC on Monday 31st May, with final results of the consultation delivered…
A-Team Group Releases Entity Data Management Handbook 2021
The use of accurate, complete and timely entity data and modern entity data management solutions can be the difference between regulatory compliance and penalties for non-compliance, doing business with the right or wrong customers, and complying with sanctions and Politically Exposed Persons (PEPs) requirements or breaching these and incurring eye-watering financial fines and reputational damage….
Bank of England Progresses Data Standards Plan to Improve Data Collection at Lower Cost to Industry
The Bank of England is pressing ahead with plans to deliver data standards for data collection based on its vision that ‘the bank gets the data it needs to fulfil its mission, at the lowest possible cost to industry’. It acknowledges the challenges of setting standards, such as coordinating collective action, and says it will…
Entity Data Management Handbook – Seventh Edition
Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best…
CUSIP Calls on Financial Institutions to Get More Involved in Data Standards Development
CUSIP Global Services is working in partnership to accelerate data standards development in emerging markets including digital securities and ESG investing. The standards organisation is also working with the ANNA Service Bureau to improve coverage and quality of ISINs, and with regulators and the Derivatives Service Bureau on the introduction of the UPI later this…