Dale Richards, the ex-SunGard executive vice-president who launched its enterprise data management strategy, has been named president of BPS (Business Propulsion Systems), provider of enterprise governance, risk and compliance solutions. Since leaving SunGard, the former FAME CEO had been running LakeFront Data Ventures, a company seeking to build a network of small EDM providers. Richards’ appointment at Canada-based BPS, which has offices in New York and Toronto, follows a recent injection of cash into the company; in early October it announced the receipt of $5m CAD in additional funding from its existing shareholders, including Covington Capital Corporation and Brookfield Technology Fund.
A-Team Insight Blogs
Recorded Webinar: Address Emerging Operational Risk and Alleviating Data Blind Spots with AI Powered Risk Management
The digitalisation of financial services is in full flight, as financial institutions strive to offer the same levels of service and improved customer experience that consumer markets have enjoyed for some time. This digitalisation – providing seamless access to appropriate services on demand – requires great emphasis on client data. This changing digital landscape, and...
By Annelotte De Nanassy, Senior Product Manager, SIX. With dividends season just around the corner, how many financial institutions can truly say they have full confidence in their ability to handle a sharp increase in corporate actions efficiently? The cyclical nature of dividend payments, updated several times in their lifecycle, means constant monitoring is required...
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.
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.