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
Recorded Webinar: Client Experience and Onboarding For Transfer Agents: How to ensure you deliver a seamless client experience and differentiate your services
Clients expect you to seamlessly deliver a range of transfer services. They expect you to delight their investors and ensure you have a robust onboarding and compliance process in place. They also want you to help them ensure they comply with shareholding obligations and corporate actions. With digital expectations becoming ever higher, how will you...
Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The...
Now in its 5th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...