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Your email address will not be published.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

LIBOR Change Requirements Mean Major Data Challenges for Financial Firms – Are You Ready?

With the London Interbank Offered Rate (LIBOR) ceasing to exist at midnight January 1, 2022, financial services firms around the world are faced with an enormous data management challenge. LIBOR, and the interest rate curves built off of it, are used within a wide variety of financial instruments and products, including derivatives, loans, and bonds....

EVENT

Data Management Summit New York City

Now in its 8th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

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...