A-Team Insight Blogs

New York Equity Manager Pzena Investment Management Selects IHS Markit EDM

Share article

Pzena Investment Management, a $37 billion equity manager based in New York, has signed up to use IHS Markit’s Enterprise Data Management (EDM) solution to master securities and issuers. In future, it also plans to use the solution as a data hub for prices, accounts and other entities.

IHS Markit EDM will validate data from Pzena Investment Management’s multiple data providers before distributing it to the firm’s proprietary research platform, as well as to its order management system, accounting and warehouse solutions. The solution will also help the asset manager create a single version of the truth and will provide a transparent audit trail for all data assets.

The firm considered several EDM providers after reviewing its internal data and operations, and deciding it was time to invest in an EDM solution. Evan Fire, chief information and operations officer and chief information security officer at Pzena Investment Management, says IHS Markit was selected on the basis of its ability to meet all the firm’s unique needs and its established presence in the North American market.

The IHS Markit platform is also expected to support a strategic approach to data management at the asset manager and help to solidify a foundation for future automation and increased operational efficiency.

Leave a comment

Your email address will not be published. Required fields are marked *

*

Related content

WEBINAR

Recorded Webinar: Building the data foundations for your digital transformation journey

Digital transformation is a requirement to succeed in today’s information economy. As business leaders begin to acknowledge this necessity, they seek to navigate a successful path to digitisation, but they must start with a foundation of data understanding, maturity and trust – a crucial prerequisite for the digital transformation adventure. This webinar will consider the...

BLOG

ANNA Updates on ISIN-to-LEI Service Noting Opt In of US NNA CUSIP Global Services

The Association of National Numbering Agencies (ANNA) has provided an update on the service it provides with the Global Legal Entity Identifier Foundation (GLEIF) to link International Securities Identification Numbers (ISINs) with Legal Entity Identifiers (LEIs). ISIN-to-LEI relationship files were initially released on the GLEIF website in April 2019. They received a positive industry response,...

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...