The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

LBBW Chooses Xenomorph for Data Management in Risk Control

Landesbank Baden-Württemberg (LBBW) has selected Xenomorph’s TimeScape data management system for use within its group risk control department. TimeScape was chosen to meet LBBW’s need for greater data transparency, higher data quality and faster access to ever-increasing volumes of market data.

“We had a requirement for a data management system that would give us much greater data transparency across the different departments,” said Peter Westphal, Project Manager from the risk control team at LBBW. “TimeScape meets these demands – increasing our capacity to centralise, store and consolidate multiple data sources, as well as increasing the speed with which this data can be analysed. The risk control team has the flexibility to create bespoke validation tests quickly. This delivers increased productivity not only within the risk department but across the whole organisation, as data is being published to lots of other departments, too.”

TimeScape offers an added dimension to data management as it is able to directly support unstructured data such as spreadsheet-like calculations in addition to supporting new and complex derivative data structures with ease.

“We are delighted that TimeScape has been chosen by LBBW – their choice validates our aim to develop a data management system that supports large volume, highly complex data in an easy-to-use and transparent manner” said Brian Sentance, CEO of Xenomorph. He added: “Data transparency is a large but underrated issue within data management, and TimeScape makes data and analysis available to both non-technical and technical users alike, increasing productivity across the enterprise.”

Related content

WEBINAR

Recorded Webinar: MiFID II revisited

Don’t miss this opportunity to view the recording of this recently held webinar. Markets in Financial Instruments Directive II (MiFID II) went live over three months ago, requiring financial institutions to make significant changes to their data management processes. The webinar will discuss how these processes held up on the compliance deadline, January 3, 2018,...

BLOG

Reformis Adds Matrix IDM and NeoXam to Vendor Partner Programme

Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product....

EVENT

RegTech Summit London

Now in its 6th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...