Data Management Insight Blogs The latest content from across the platform

SEC Creates Role of Chief Data Officer to Drive Change

The Securities and Exchange Commission (SEC) has created the role of chief data officer to tackle change and develop the Commission’s data management strategy and priorities; enable data analytics to support enforcement, examinations, and policymaking; and ensure that the agency collects only the data it needs to fulfil its mission and can effectively secure the…

Are We Nearly There Yet? Gearing Up for DMS London 2020

With less than two months to go until the A-Team Group Data Management Summit 2020 in London, anticipation is mounting and preparations are finalising for what looks to be our biggest and best event yet. Join us as we take a sneak peek at the hot topics, key trends, big names and new innovations that…

ICE Data Services Partners BofA to Provide ESG Reference Data Service

Intercontinental Exchange (ICE) Data Services has joined the growing ranks of providers offering environmental, social and governance (ESG) data services. The company is working with Bank of America (BofA) Global Research as a development partner for an ESG reference data service, which it plans to bring to market in the second half of 2020. ICE…

Broadridge Makes Major Strategy Shift with Transition to IBM Financial Services Cloud

Broadridge Financial Solutions has made a major move to accelerate its cloud strategy through an agreement with IBM Services. Broadridge will use what IBM calls the ‘first financial services-ready public cloud’ to create the The Broadridge Private Cloud powered by IBM and transition a large portion of its global infrastructure to the cloud provider. The…

Open:FactSet Marketplace Adds Sanctions Screening Service from SIX

Meeting financial institutions’ increasing interest in, and commercial need for, a ‘pick and mix’ approach to data sourcing, FactSet continues to extend its Open:FactSet Marketplace with the addition of SIX’s Sanctioned Securities Monitoring Service (SSMS). The SIX data feed adds to 114 feeds and 22 solutions already on the platform and allows Open:FactSet users to…

GLEIF Acknowledges ESMA Decision to Delay Requirement for Third-Country Issuer LEIs in SFTR Reporting

The European Securities and Markets Authority’s (ESMA) decision to provide a grace period of 12 months for the inclusion of Legal Entity Identifiers (LEIs) in Securities Financing Transactions Regulation (SFTR) reporting in the case of third-country issuers has been acknowledged by the the Global LEI Foundation (GLEIF) and welcomed by industry participants. ESMA stated in…

FactSet Adds Proprietary Data to Snowflake Cloud Built SQL Data Warehouse

FactSet’s deployment of its proprietary datasets on the Snowflake cloud data platform is designed to provide investment professionals with immediate and scalable access to content in a cloud-built SQL data warehouse. By offering its data through Snowflake, FactSet expects to reduce the time and effort it takes for clients to integrate and use new datasets….

ESMA Announces Last-Minute SFTR LEI Repreive

This week ESMA released the long-awaited final guidelines for the upcoming SFTR regulation, due to come into force for most firms in April. Included in the final draft is a grace period of 12 months for the reporting of LEI codes – a reprieve that has been met with a collective sigh of relief from…

Rimes Technologies: Will They or Won’t They Sell?

Rimes Technologies won’t comment on a media report that it’s for sale. But a recent news item – published, surprisingly, by Dow Jones’ Barron’s investor newspaper – has sparked speculation on possible acquirers of this benchmark and reference data services provider. Industry executives contacted by Data Management Insight suggest that Rimes could garner interest from…

2020 – the Year of Artificial Intelligence

The critical need to improve data quality and data management across capital markets will continue to escalate through 2020 as firms delve deeper into digital transformation, regulators demand more granular and ad hoc compliance data, and businesses look for much needed new business opportunities. These use cases of data management are high on the agenda…