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

A-Team Insight Blogs

Ness Technologies Promotes FDE Platform At New York’s FIMA Data Management Event

Share article

Ness Technologies took the opportunity of this month’s Financial Information Management (FIMA) conference to promote its Financial Data Enterprise (FDE) reference data management platform.

The platform was developed by Ness Innovative Business Services (Ness IBS), previously known as Innova Solutions, a provider of integration services for investment managers, broker/dealers and third-party administrators.

FDE provides a centralized data hub that allows financial institutions to manage the full gamut of reference data, ranging from market pricing feeds, to client, fund accounting and transaction data. The platform automates the acquisition of reference data, providing a data management facility and a distribution capability for applying the data to downstream applications, including performance attribution, risk analysis, pricing, research, fund accounting and customer servicing and other mission-critical systems.

The FDE platform acts as a transformation and enrichment hub that consolidates all disparate data sources. The system ensures all data is clean, consistent and complete through the use of a dynamic meta-data layer.
Nasdaq-listed Ness Technologies provides a range of technology services, including outsourcing, systems integration, application development and consulting. The company has more than 6,000 employees and operates in 16 countries globally.

Related content

WEBINAR

Upcoming Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

Date: 21 January 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions...

BLOG

DSB Calls for New Technology Advisors as it Pivots to Address New Data Challenges

The Derivatives Service Bureau (DSB) has had an interesting few years. Founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), in 2019 the group was also designated by the Financial Stability...

EVENT

Data Management Summit USA Virtual

The highly successful Data Management Summit USA Virtual was held in September 2020 and explored how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.

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...