Data Management

  • 1522

    Target Information Model: Mastering data architecture to enable digital transformation

    Nicolas Papadakos highlights the crucial role of a target information model (TIM), serving as not only a data management and storage foundational guideline, but also the underlying communication and collaboration structure of the entire organization.

  • 1485

    Data Monetization: An approach for unlocking data opportunities

    The value of data is well understood across all industries, but today’s financial services firms are focusing more energy and resources on unlocking its potential than ever before. Based on their own experiences, Maria Hammargren, Prateek Kulshreshtha and Cian O Braonain provide a three-step approach organizations can use to monetize their information assets.

  • 1472

    Data Analytics as a Service in Asset Management: Moving from assumption to fact-based modeling

    David Donovan examines the shift toward fact-based data models within the asset management industry as firms look to gain an edge on their competitors and respond to mounting margin pressure.

  • 1271

    OPTIMIZING THE INVESTMENT PROCESS: leveraging IBOR for alpha generation

    The Investment Book of Record (IBOR) has traditionally focused on operations and accounting support to strengthen data utilization, optimize trade support analytics, increase regulatory reporting preparedness and tighten risk mitigation. But is this approach the most comprehensive and effective? In this article, Joshua Satten and David Depew examine the information that should form an IBOR to plug alpha leaks and improve the investment process at a time when profit margins are shrinking and regulatory reporting requirements are expanding. Investment is the key term that defines an IBOR. All data controlled and consumed is used with the intent of supporting the [...]
  • 1255

    DATA WITH PERSONALITY: the evolution of visualization

    How well are financial institutions truly able to understand their data? It’s a critical question at a time when firms must process more data than ever before, for both compliance and business growth. Conveying and interpreting its complex characteristics is an ongoing challenge. In this article, Julie Rodriguez and Piotr Kaczmarek look at how far data visualization has come, illustrate a viable option to evolve data displays and discuss why the next step of encoding objects could be a major breakthrough.  Financial markets data—and specifically investment data—comes in many guises. It can be structured or unstructured and contain multiple variables [...]
  • 1238

    DATA MANAGEMENT: the key to greater insight, automation and personalization, but how do we get there?

    Businesses around the world are looking to leverage data for value-generating activities more effectively. They are spending a significant amount of time and effort thinking about innovative and strategic approaches to mature their data programs. Many organizations have ambitions to be in the advanced stages—beyond using predictive analytics to optimize data-driven processes and toward using machine learning to actually improve customer journeys. Some may be close. However, the truth is most organizations lack a strong data governance framework, which hampers their ability to use data as a strategic asset and drive value. In this article, Paul Gibson and Nam Tran [...]
  • 1227

    SIMM: tackling the initial margin obligation in OTC derivatives

    Regulatory reforms following the financial crisis have tested banks’ ability to adapt and fundamentally changed business models. The Standard Initial Margin Model (SIMM) is another addition that could reshape many derivatives trading and risk management practices. In this article, Sapient Global Markets’ Thomas Schiebe and Sendi Cigura in partnership with Patrice Touraine and Matthieu Maurice of Global Market Solutions look at what it means for banks and how they must tackle a new wave of data and technology challenges. Following the introduction of mandatory clearing for standardized derivatives, regulators created measures to deal with non-centrally cleared and non-standardized derivatives. This [...]
  • 900

    THERE IS NO SUCH THING AS HARMONIZATION: so let’s get good at translation

    With another major regulatory reform bearing down on the financial services industry, organizations are realizing that a one-size-fits-all data reporting solution is out of reach. However, with the right approach, firms have the opportunity to become more nimble around the growing list of regulations and establish a competitive advantage. In this article, Randall Orbon, Brian Lynn and Mahima Gupta explain why firms need to shift their mindset from the idealistic quest for a universal industry standard to one that focuses on enabling message translation in the most efficient way possible to avoid regulatory scrutiny and reduce costs. Download the PDF [...]
  • 923

    STATE OF DATA GOVERNANCE: the challenge to make data management programs operational

    Data management is gaining stronger traction across the financial services industry thanks to stringent regulatory requirements, such as BCBS 239. However, with increasing regulatory demands comes the issue of sustainably operationalizing data management programs. In this article, Gavin Kaimowitz outlines the challenges firms face when rolling out these programs throughout their entire organization and the steps needed to achieve operational success that enables a path to growth and greater revenue. Download the PDF Global financial institutions are coming to the realization that the business processes and operational models they have relied on in the past won’t necessarily help them succeed [...]
  • 984

    MISMO: data standardization in the age of housing finance reform

    The burst of the housing bubble in 2007 brought a wave of change in the US residential mortgage market. From tighter underwriting standards and stricter disclosures per regulatory guidelines in the primary market to a secondary market placed under conservatorship, organizations across the entire industry have had to adapt to this changing paradigm. Regulators, borrowers and investors are seeking more transparency in hopes of preventing a second mortgage crisis. In this article, Jocelyn St. James discusses the industry’s increased adoption of the Mortgage Industry Standards Maintenance Organization (MISMO) data standard, and how, by enabling market players to build upon a [...]