Data quality
Esma: Firms struggled with trade data porting after CME wind-down
The EU regulator had to coordinate efforts with local NCAs to clamp down on failures made by counterparties to meet Emir guidelines for porting data.
SmartStream RDU—More Pertinent Now than Ever
This whitepaper outlines the history of the Reference Data Utility (RDU), charts its development, scrutinizes its underlying technology and articulates the business benefits that users can reasonably expect on the back of subscribing to it
Esma: Both OTC identifiers will not be required in Emir reporting
Market participants will not have to use both the UPI and the Isin in their submissions to trade repositories, policy officer says.
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
This Week: Refinitiv ESG; Nikko/GoldenSource; Causality Link/Eagle Alpha; Crux & more
A summary of some of the past week's financial technology news.
Managing Data Assets in 2021—Building an Effective Framework for Successful Data Governance and Sharing Best Practices
This webinar explores how data analytics and artificial intelligence tools can help buy-side firms identify hidden value within their data and how buy-side firms can enhance existing business processes by improving data quality
Covid Re-Exposed Bond Market’s Liquidity Problems—Is Change Finally Here?
Three fixed-income experts look back on the bond market’s liquidity crisis spurred by the pandemic’s early days, and ponder where regulation and data-quality efforts might next lead the space.
FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
FactSet’s mapping service, Concordance, can be used on its own or with Snowflake’s cloud, enabling users to apply the offering to other datasets in Snowflake’s ecosystem.
Arabesque AI to Launch New Prediction Engine Using Machine Learning
The firm is working with different machine-learning methods for portfolio construction, and expects its AI system to go live early next year.
Datactics Experiments with Knowledge Graphs
The company aims to show that pairing good quality data with knowledge graphs can lead to links that previously would have been missed.
Natural Language Generation: Great Promise, Significant Barriers
Sell-side firms and data providers are increasingly experimenting with natural-language generation to create new forms of automatically curated reports, emails and alerts, but the technique comes with significant challenges.
Manulife Refines ESG Methodology and Plugs Data Gaps with NLP
The asset manager has adopted materiality tools, industry handbooks, and NLP techniques to help navigate ESG data limitations.
Morgan Stanley, SocGen Shift Sight Line on Who's Accountable for Data
The two banks outline their ambitious data governance programs, which make business professionals culpable for their organization's data decisions.
Data Poisoning: An Emerging Threat for Machine Learning Adoption
Experts from IBM and Bank of China say they're on the lookout for this emerging threat, as machine learning gains in popularity.
Data Issues Still Hamper AI—But AI Can Fix Them
Instead of waiting for data quality to be sufficient to power AI models, those at the cutting edge are building models to bridge the gaps in the data, and apply it to more sophisticated use cases.
Corporate Actions Processing—The Iterative Revolution Already Underway
This survey report illustrates how data quality and technology are the keys to delivering improved corporate actions accuracy and transparency, while also significantly reducing latency
Asset Control to Add Data Model Customization to Ops360
The vendor is also incorporating micro frontends, as well as exploring the use of machine learning in the future.
UnaVista Rolls Out Reporting Analytics for Performance and Market Surveillance
The regulatory business is developing enhanced analytics to improve reporting accuracy and identify signs of market manipulation.
Don't Cut Alt Data Spend, HSBC Data Manager Warns
Slashing budgets will lead to inaccuracies as banks turn to alt data for fraud detection and to monitor customer behavior during the coronavirus crisis.
Data ‘Disconnect’: New ML Tools Stuck Solving Old Data Problems
Experts advise using machine learning to solve data quality challenges before applying it to alpha-generating strategies.
LEI on the Edge: What Needs to Happen for Wider Adoption?
The financial industry is losing faith in the LEI initiative as regulatory mandates remain patchy, but some see hope in SFTR’s unique-issuer LEI. By Mariella Reason
As Public Cloud Gains Traction, Concerns & Challenges Grow
WatersTechnology looks at more than 20 cloud-based projects and initiatives to see how banks, asset managers and vendors are embracing public providers, and the inherent problems involved.
SmartStream Goes to Market With Fresh Air
Sibos 2019 was a significant event for SmartStream Technologies, marking the official launch of SmartStream Air, the firm’s cloud-native, AI-enabled reconciliations platform that is set to shake up the reconciliations industry. Victor Anderson caught up…
AI’s Next Phase – Thriving Through Implementation
Many in financial services are trialing artificial intelligence (AI) applications, with projects increasingly sophisticated in methodology and ambition. WatersTechnology, in partnership with SmartStream, recently convened a Chatham House-style discussion…