The EDM Council has set the agenda by which it proposes “to advance enterprise data management as a core operational infrastructure”. There will be four primary work streams. Under business metrics, the two focuses will be data quality and performance measurement. The council has launched an evaluation project covering the security description data elements included in the trade confirmation process as a proof of concept for the data quality activity. It has also launched a pilot project to measure the data related causes of trade errors and the costs of repair as the starting point for performance measurement. Under best practice implementation, there are two initial activities, governance and programme orchestration. The supply chain management work stream will support existing standards processes by focusing on the commercial structure of standards and implementation strategy. Under regulatory tracking, the council will analyze the regulations from a data management standpoint and use the regulatory mandates as a way of promoting the value of EDM.
A-Team Insight Blogs
The transition away from LIBOR (London Interbank Offered Rate) is well underway, but there remains considerable ambiguity around how the final stages will be executed – especially with regards to benchmark replacements in markets outside the UK. What are the options, where are the uncertainties and what stage have firms reached in their preparations? The...
By Phil Davies, CTO of Milestone Group. The pace of digital transformation in asset management has been referred to as glacial. However, this new decade comes at an inflection point – over the past couple of years, the discussion has picked up considerably with firms finally embracing the digital ecosystem. People have built up both confidence...
Now in its 10th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.
As the 3 January 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) approaches, A-Team Group has pulled together everything you need to know about the regulation in a precise and concise handbook. The MiFID II Handbook, commissioned by Thomson Reuters, provides a guide to aspects of the regulation that will have...