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
EDM Council Sets its Agenda
Don’t miss this opportunity to view the recording of this recently held webinar. As MiFID II hits the six-month mark, how well is your organisation handling transaction reporting? Is it ready to meet the LEI mandate that will take effect on July 3 and require all parties to transactions to have LEIs? And how is...
A-Team Group has announced the winners of its prestigious Data Management Insight Awards 2020. The annual awards, now in their eighth year, recognise leading providers of data management solutions, services and consultancy to capital markets participants. The award winners were announced online across categories ranging from best sell-side and buy-side data management platforms to best...
The Data Management Summit Virtual 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.
“The Global LEI will be a marathon, not a sprint” is a phrase heard more than once during our series of Hot Topic webinars that’s charted the emergence of a standard identifier for entity data. Doubtless, it will be heard again. But if we’re not exactly sprinting, we are moving pretty swiftly. Every time I...