Data Management Insight Data The latest content from across the platform
The Evolution of Outsourcing Data Operations for ESG and Private Assets
Financial institutions are grappling with a substantially changed operating environment that’s placing novel pressures on their data management processes. As organisations navigate a more volatile global financial picture, many are tacking towards a multi-asset business model that demands new capabilities and expertise. They are also having to bolster their regulatory compliance capabilities, as new disclosure…
Xceptor Makes Data Automation Platform Available in Microsoft Azure Marketplace
Xceptor has announced the availability of its Data Automation Platform for financial markets in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. “The collaboration with Microsoft to make the Xceptor platform available on the Azure Marketplace brings us closer to our clients as well as organisations that seek…
AI Integration in Capital Markets: Current Trends and Future Directions
Although artificial intelligence (AI) and machine learning (ML) have been widely used in the capital markets sector since the 2000s, the emergence of generative AI (GenAI) within the last 18 months has spurred a significant increase in investment in AI tools and technologies. This trend is set to continue as AI is deployed and utilised…
S&P Global Completes Acquisition of Visible Alpha
S&P Global has completed its acquisition of Visible Alpha, a provider of industry and segment consensus data, creating a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence’s Capital IQ Pro platform. Founded in 2015, Visible Alpha provides consensus forecast estimates, key performance indicators, and analytics from in-depth sell-side analyst models and…
ICE Benchmark Administration Releases Beta Extensions for ICE Swap Rate Benchmark
Intercontinental Exchange (ICE) subsidiary ICE Benchmark Administration has released indicative Beta versions of its USD SOFR ICE Swap Rate Swap Spreads and EUR €STR ICE Swap Rates. The swap spreads and rates expand the ICE Swap Rate benchmark and are determined using IBA’s published ICE Swap Rate waterfall calculation methodology. They are available here. The…
Bloomberg Releases Tool for Sustainable Investment Screening
Bloomberg has released a tool that helps investors assess portfolios, funds and indices based on sustainability criteria and thresholds customised by the user. Available on the Bloomberg Terminal and based on the company’s ESG data, the solution facilitates a transparent screening process and can be used for both making investment decisions and to help clients…
CUSIP Global Services Adds AI Search Functionality to CGS CUSIP Access
CUSIP Global Services (CGS) has added AI-powered search functionality to CGS CUSIP Access allowing users to perform advanced searches using plain text and eliminating the need to enter values into separate boxes in an advanced search window. The AI search tool uses a large language model (LLM), the GPT-4 model provided by Microsoft Azure OpenAI…
GoldenSource Offers SaaS EDM Solutions on AWS Marketplace
Enterprise data management (EDM) technology provider GoldenSource has made a range of EDM solutions available on AWS Marketplace. Financial services companies including hedge funds, asset managers, asset servicers, custodians, banks and brokers can access third-party software, data, and other services on the cloud platform via the New York- and London-based company’s new AWS Marketplace presence….
The Potential and Pitfalls of Large Language Models
By Tony Seale, Knowledge Graph Engineer at Tier 1 Bank. Large Language Models (LLMs) like ChatGPT possess enormous power, stemming from their capability to ingest and compress vast amounts of general information gathered from the web. However, this capability is general rather than tailored to your specific business needs. To effectively utilise these models in…
EDM-as-a-Service Provider Rimes to be Bought by Rothschild Unit
Enterprise data management (EDM) services provider Rimes is to be acquired by the private equity arm of Rothschild & Co. Rimes investor EQT and its co-shareholders didn’t disclose the financial details of the deal to Five Arrows, but Bloomberg estimated the transaction values the business at between €800 million (US$862m) and €900m. New York and…