Meeting risk and compliance requirements has always been a driver for investment in improved management of reference data, but the importance of risk and compliance has never been higher than in the current environment. The reference data challenges created by MiFID were many and complex, and dealing with them is an ongoing challenge for financial institutions. Meanwhile the regulatory burden is only growing. And can efficient management of risk – by instrument type and by counterparty – ever have been more important than it is post sub-prime?
RDR Special Report: Risk & Compliance (665.4 KiB)
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
Download this special report for FREE now! Click the link below.
Entity data management has historically been a rather overlooked area of the reference data landscape, but with the increase focus on managing risk, the industry is finally taking notice. It is now generally agreed to be critical to every financial institution; although the rewards for investment in entity data management appear to be rather small, the consequences for getting it wrong are severe. Settlement, legal, financial, regulatory and reputational risks are all inherent in a failure to properly manage entity data.
Risk mitigation has become the key driver for change in this current economic climate and entity data plays a significant part in this. The emergence of golden copy logic and enterprise data management in the entity data space is a positive step forwards for the industry with regards to better data management. Financial institutions are continuing to invest in improving their entity data management and the vendors in this space have stepped up to the plate to provide more integrated services. Connectivity and integration have become important buzzwords for the entity data landscape.
Loading ...
