Kingland Systems continues to innovate its 360 Data line of Master Data Management (MDM) solutions with IBM, highlighted by an achievement last week at IBM’s Information On Demand 2010 conference in Las Vegas.
Kingland’s premier financial services MDM platform, 360 Data Enterprise Hub, was one of three finalists out of more than 1,100 information management business partners for IBM’s annual CTO Innovation award. The award recognises visionary IBM business partners who innovatively use IBM Information Management Software to develop solutions that transform how customers do business. Enterprise Hub, powered by IBM InfoSphere Software, accelerates MDM time to value in the financial services industry through capabilities that enable the integration, management, and distribution of securities data, client and counterparty data, and hierarchies and linkage data.
Both the 360 Data Enterprise Hub and the 360 Data Master File solutions have also been recently added to IBM’s Banking Industry Framework. The IBM Banking Industry Framework combines the industry knowledge, best practices, software and tools banks need to become more efficient and flexible and adapt more easily to new business challenges and regulatory requirements by enabling them to modernise, manage and monitor their technology systems. Kingland’s 360 Data solutions strongly support the integrated risk management domain of the framework, which provides a holistic approach to managing financial risk, operational and IT risk, financial crimes detection and prevention, and compliance.
“Leading firms throughout the financial services industry are looking for ways to better manage their securities, client and counterparty data, and to do hierarchy management. Our teams have worked hard to align these industry needs and to partner with IBM to provide our unique approach to high quality master data management with 360 Data,” says Tony Brownlee, managing director of Kingland’s Data Solutions unit.
Kingland Systems 360 Data, powered by IBM InfoSphereSoftware, is a suite of enterprise data management solutions optimised for the financial services industry. 360 Data provides clients with the definitive source of global reference data, with higher accuracy, deeper coverage, and more flexibility to integrate with key operational, risk, and compliance functions.