Data Management Insight Standards The latest content from across the platform
Highlights from the Data Management Summit – Autumn 2013
Take a look at our video highlights to get an idea of what DMS is really all about! Hear some highlights from the panel discussions, tour the networking breaks, and hear what our sponsors and delegates have to say about the event, and you will soon be able to find out why this event is…
Legal Entity Identifiers (LEIs) – There’s More to LEs Than Meets the I
Firms everywhere remain under sustained regulatory pressure to reduce systemic risk, in part through the improvement of their view of counterparty risk. At the same time, the ongoing economic climate is forcing them to reduce costs, leading them to consider alternative operating models wherever possible. The emergence of the global legal entity identifier (LEI) standard…
Global Legal Entity Identifier System is Moved Another Step Closer to Completion
The Regulatory Oversight Committee (ROC) of the global Legal Entity Identifier (LEI) system has taken another significant step forward with the endorsement of three pre-Local Operating Units (LOUs) and the exclusion of 3,000 pre-LEI CFTC Interim Compliance Identifier (CICI) codes from the system. It is also finalising the appointment of a board directors for the…
Talking Reference Data with Sarah Underwood: The LEI Regains Momentum
There is one comment that comes to mind every time we write about the development of the global legal entity identifier (LEI) system. It was voiced in an A-Team Group webinar back in April by Tim Lind, global head of middle office, enterprise content, at Thomson Reuters. He said: “This is a marathon, not a…
Recorded Webinar: The Global LEI System – Putting the Pieces in Place
This webinar has passed, but you can view the recording here. The Regulatory Oversight Committee has sustained development of the global legal entity identifier system – or GLEIS – over the summer months, most recently endorsing pre-Local Operating Units in China, Argentina, Poland and Italy to make a total of 13 units worldwide that are…
Thomson Reuters Debates the Data Management Challenges of FATCA
The US Foreign Account Tax Compliance Act (FATCA) will take its toll on data management functions with most financial firms expecting know your customer (KYC) and client onboarding processes to be hit hardest by the legislation. During a webinar hosted by Thomson Reuters, participants also pointed out that FATCA is the tip of the iceberg,…
Talking Reference Data with Sarah Underwood: Pushing Forward the Global LEI System
While many capital markets participants eased off the pace and headed out for a vacation over the summer, it seems there has been no slowdown for those developing the global legal entity identifier (LEI) system, with the system’s Regulatory Oversight Committee (ROC) taking two significant steps forward in as many weeks in August. First was…
Talking Reference Data with Andrew Delaney: No Migration Tsunami Expected from Newly Extended RICs
The great thing about writing a weekly blog is that one post inevitably begets another. Last week, I speculated on how Markit might be poised to capitalise in certain changes currently under way within our marketplace. No sooner had I hit the ‘publish’ button than I was inundated with emails and texts drawing my attention…
Recorded Webinar: Dealing with Reality – How to Ensure Data Quality in the Changing Entity Identifier Landscape
This webinar has passed, but you can view the recording here. The development of the global legal entity identifier standard has put a focus on entity and customer data. Financial institutions are struggling with a range of quality of issues. The emergence of several so-called pre-LEIs has added complexity to the situation. How are firms…
Talking Reference Data with Andrew Delaney: IBOR, Therefore I Am
Eighteen months ago, we conducted a survey of 40 or so enterprise architects and data management professionals at Tier 1 and Tier 2 buy- and sell-side firms to try to understand how Big Data could be applied to our marketplace. The answers – you can download the report, sponsored by Platform Computing (now part of…