The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

RDR Poll This Month: How Has the Recession Impacted your Headcounts?

It is no secret that times are tough for most in the financial services community: budgets have been slashed and there have been many casualties of cost cutting exercises. But how has this impacted your data management teams and how does this compare to other firms out there?

Much has been made of the importance of accurate reference data within the regulatory community (one need only look at Barclays’ fine for inaccurate reference data underlying its transaction reports for proof, see here), but are firms taking this on board?

In September, Reference Data Review readers indicated that regulation and risk management has been both helping and hindering the data management cause, but has it helped in preventing loss of valuable staff resources? If staff have been lost due to economic pressures, this will likely drive firms to invest in STP solutions to be able to cope with high volumes of data processing.

But, on the other hand, if staff numbers have increased, this may indicate that firms are more willing than ever to invest in the fundamentals of data. If you have a particularly interesting solution to this doing more with less within your own firm, write in and tell us. In the meantime, let us know your views by clicking on the voting buttons on the right hand column and we’ll collate the results at the end of November – get voting!

Related content

WEBINAR

Upcoming Webinar: The post-Brexit UK sanctions regime – how to stay safe and compliant

Date: 11 March 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes When the Brexit transition period came to an end on 31 December 2020, a new sanctions regime was introduced in the UK under legislation set out in the Sanctions and Anti-Money Laundering Act 2018 (aka the Sanctions Act). The...

BLOG

Q&A: The Future of Regulatory Reporting

Tom Wieczorek, MD of Global Product Management at UnaVista, part of the London Stock Exchange Group, gives us his unique insights into the key challenges and opportunities within today’s rapidly evolving regulatory reporting environment – and what firms should be doing to stay ahead. What are the key functional challenges for those seeking to implement...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that will be held in June 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Regulatory Data Handbook 2020/2021 – Eighth Edition

This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...