ObjectStore has outlined plans to apply its real-time data processing services to the reference data business. The company, part of Progress Software, provides high performance data management for streaming data and complex event processing and real-time data caching services. It believes that it can implement a data service layer within financial institutions, saving them from having to link every application throughout the enterprise to a centralised database.
The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...
According to Michael Curry, Rocket Software’s President of Data Modernisation – data management has grown up. The job now isn’t to just accumulate and store data, but to see it, trust it, and use it regardless of where it lives. Leading teams now map end-to-end data flows, enforce shared definitions, and assign clear ownership so...
Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
As the July 1, 2014 deadline for compliance with the Foreign Account Tax Compliance Act – or FATCA – approaches, financial institutions around the world are working to ensure their data management and operational systems will meet the requirements of the US legislation. This report discusses the requirements of FATCA and how the legislation is...
