Mediacenter

This benchmarking industry report (conducting with over 50 leading reference data professionals)  clearly demonstrates the rising importance being placed on data quality, which is not surprising given that improved data quality increases operational efficiency as data managers have to spend less time fixing the data. Quality and efficiency both assist with regulation, which increased in importance among respondents from 2013 to this year – not surprising given all the compulsory, and often, time consuming, work around MiFID and EMIR.

In the challenging economic environment of increased regulatory monitoring post financial crisis, financial services firms have been evaluating their reference data operating models. Two such operating models which have emerged over the last couple of years are Managed Service and Reference Data Utility.

In September 2014, WBR Digital in conjunction with Hatstand; Specialists in Financial Technology surveyed Data Managers from the top 100 Financial Institutions across Europe, with the aim to examine where data managers are in terms of regulatory compliance & database management.

As part of our commitment to provide the most up-to-date topics and information to the data management community we have recently developed the first Financial Data Management Industry Survey.

Fill in the form below to download the latest FIMA 2014 Attendee List.

The securities industry is in a period of change with respect to reference data. Current regulatory demands have forced financial institutions to scrutinize the state of their data management practices for quality control and risk management.

Igor Lobanov is the Enterprise Architect at Legal & General Investment Management, one of Europe's largest institutional asset managers with more than £440bn of AUM.

Basel III is a is a new global standard created by the members of the Basel Committee on Banking Supervision “to strengthen global capital and liquidity rules with the goal of promoting a more resilient banking sector”.

Please fill out the form below to get your FREE copy of the FIMA 2013 post show report.