Enterprise Risk: The Data Management Challenge

Enterprise RiskAs elements of the global financial markets regulatory puzzle are slowly pieced together, the case for enterprise risk emerging in 2011 as the long-awaited ‘killer app’ for enterprise data management is growing.

Market practitioners everywhere are wringing their hands at the prospect of different and varying regulatory mandates to maintain a comprehensive, enterprisewide view of their risk exposures. What’s worrying them is the realisation of the complexity of the task at hand. Different regulatory regimes will require different risk reporting practices, often drawing upon different datasets, compiled according to different time horizons and delivered to a wide range of consumers, each with his or her own specific requirements.

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25 Feb 2011
 
Intraday Liquidity Reporting Functionality Tops the Most Wanted List in Swift Survey

In line with the current trend towards investment in real-time risk technology, 90% of the respondents to Swift’s recent survey on liquidity risk management are keen to receive more intraday liquidity reports. The survey, which is a follow up to a white paper on the subject of liquidity risk published earlier this year (see our coverage here) and involved 255 treasury, liquidity and liquidity risk managers, also indicates that 87% of these respondents want traffic pattern and trend analysis, benchmarks and liquidity risk management insights.

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28 Jun 2010
 
Swift’s Liquidity Risk White Paper Calls for Firms to Take a Top Down Approach

Firms should focus on achieving a top down approach to liquidity risk management and concentrate on improving the two areas of intraday liquidity visibility and liquidity forecasting capability, according to a recent Swift white paper. The paper, which is largely targeted at bank treasury and payments transaction business managers, identifies the pitfalls involved tackling the area of liquidity risk management in order to meet the regulatory requirements of the current environment.

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06 May 2010
 
CESR Elaborates on OTC Derivatives Identifiers for Transaction Reporting

The Committee of European Securities Regulators (CESR) has published a consultation paper recommending the adoption a set of identifiers and classifications for OTC derivatives for the purpose of including those instruments in the exchange of transaction reports amongst CESR members. These reports are currently exchanged between regulatory authorities via an IT system, dubbed the Transaction Reporting Exchange Mechanism (Trem), which was introduced along with MiFID.

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27 Jul 2009
 
CESR Publishes New Guidelines for Risk Management Under UCITS

The Committee of European Securities Regulators (CESR) has published a proposed framework for guidelines concerning risk management for those subject to regulation under the Undertakings for Collective Investment in Transferable Securities (UCITS) directives. The principles are based on the requirements specified by respondents to a survey carried out by CESR’s Investment Management Expert Group concerning how UCITS has been implemented in different European jurisdictions.

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02 Mar 2009
 
ISITC Working Group Releases Reference Data Best Practices for SSIs

The International Securities Association for Institutional Trade Communication (ISITC) market practice group on reference data has released a set of new market practices, which it says will be up for discussion at its next industry forum in March. The focus of the new recommendations is on custodian and broker standing settlement instructions (SSI) data and they are aimed at maintaining the consistency and efficiency of data management in this area.

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18 Feb 2009
 

 
 

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08 Dec 2011
Photos from: Data Management for Risk, Analytics and Valuations – London, October 17, 2011
26 Oct 2011
VIDEO: Omgeo's Freeman on the Changing Dynamics of the SSI Space
10 Oct 2011
 
Performance Benchmarking 2011: Valuations in North American Buy-Side Institutions
12 Sep 2011
Special Report: The State of Play in Liquidity Risk Management
10 May 2011
Enterprise Risk: The Data Management Challenge
25 Feb 2011
Risk and Regulation IT Special Report: Coping with the Risk Management Challenges of Global Regulatory Change
30 Nov 2009
Liquidity Risk Management Directory
10 Nov 2009
 
A-Team Insight Events

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.

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