About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

LakeFrontData Consulting Adds EDM Capability Assessments and Managed Data Service Vendor Evaluations Services

Subscribe to our newsletter

Following the launch of its jobs website last week, LakeFrontData Consulting has added two new data management consulting services to its consultancy services offering. The firm has created enterprise data management (EDM) capability assessments and managed data service vendor evaluations, which it says are aimed at providing clients with a holistic view of their requirements.

According to LakeFrontData, the EDM capability assessments examine a client’s data initiatives and projects, thus producing a rating, a gap analysis and a roadmap to achieve the planned future state that meets business needs for reference and pricing data. The approach includes design and implementation of data management technology, data architecture, data model, data quality, operations, infrastructure and supporting governance, says the firm. Marc Odho, managing director and partner at the firm, explains the rationale: “In the end, our overarching goal is to help clients develop a holistic solution, encompassing technology, content, processes, governance and quality, that best meets the needs of their business.” The evaluation of managed data services vendors is based on a similar approach: looking at the services provided relative to a client’s needs. It is aimed at supporting a client’s decision making process based on client criteria and comparative alternative solution analysis, says the firm. Rob Ord, director and partner at LakeFrontData Consulting reckons firms contemplating using managed data service solutions often need help in determining which commercial offerings, if any, suit their data management needs best. “Whether it is security master reference, historical time series or research data sourcing, management and distribution, it is imperative to understand where a vendor’s strengths lie,” he adds.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

The US Litigation Paradox: Why Passive Participation is the Key for European Asset Managers

In the second blog of our series on securities litigation claims, we look at how the complexity of fragmented legal jurisdictions globally often deters European asset managers from getting involved in litigation and argue that the simplicity of the US system may mean participation is easier than many European firms are aware of. Access the...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2018/2019 – Sixth Edition

In a testament to the enduring popularity of the A-Team Regulatory Data Handbook, we are delighted to publish a sixth edition for 2018-19 of our comprehensive guide to all the regulations and rules that might impact data and data management at your institution. As in previous editions of the Regulatory Data Handbook, we have updated...