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

Recorded Webinar: How to leverage the LIBOR transition to improve your data management game

The transition away from LIBOR (London Interbank Offered Rate) is well underway, but there remains considerable ambiguity around how the final stages will be executed – especially with regards to benchmark replacements in markets outside the UK. What are the options, where are the uncertainties and what stage have firms reached in their preparations? The...

BLOG

GLEIF and Evernym Partner on Game-changing ‘Organization Wallets’

The Global Legal Entity Identifier Foundation (GLEIF) and self-sovereign identity specialist Evernym this month piloted a new solution allowing organizations to create and manage ‘organization wallets’ containing digital portable credentials to confirm an organization’s identity and verify the authority of employees and other company representatives. ‘Self-sovereign’ means that the individual identity holder controls their credentials, using them whenever and...

EVENT

Data Management Summit London

Now in its 10th year, the Data Management Summit (DMS) in London 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.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.