Data Management Insight Blogs The latest content from across the platform
Rimes changes hands, plans accelerated expansion as Five Arrows completes acquisition
Rimes, a provider of EDM-as-a-Service and investment platform solutions, is in new hands following the completion of its acquisition by Five Arrows, the private equity arm of Rothschild & Co. The partners say the acquisition provides a foundation for accelerated global expansion. The deal was announced in April 2024 and sees Rimes move on from…
TurinTech innovates with Artemis code optimisation
TurinTech, a London-based technology vendor, plans to revolutionise code optimisation with its GenAI Artemis solution. Artemis is based on a proprietary large language model (LLM) – although it can be used with other LLMs – that is trained to help financial firms optimise software code, speed up execution, reduce cloud costs and lower carbon emissions….
Webinar Review: ESG Data Sourcing and Management to Meet Your ESG Strategy, Objectives and Timeline
Taming the data management challenges of ESG integration offers huge rewards for financial institutions. But the difficulty of overcoming those hurdles has increased as the volume and variety of that data swells, exposing firms to potentially severe operational, legal and reputational risks. For that reason, getting ESG data management right has become an important goal…
Informatica Broadens Databricks Partnership with GenAI Tools
Informatica has deepened its association with Databricks, providing four new products and service integrations that it says will enable customers to implement generative artificial intelligence (GenAI) applications at scale. The basket of new offerings brings together Informatica’s range of AI-powered Intelligent Data Management Cloud (IDMC) capabilities within Databricks’ Data Intelligence Platform, the California-based enterprise cloud…
Data Veteran Puts his Expertise to Use in Altruistic Venture
Hany Choueiri has spent the past decade-and-a-half enabling some of the largest financial institutions in the world to make the best use of their data. Now he is freely giving his expertise to helping smaller firms do the same for themselves. The creator of data quality and management systems for HSBC’s European operations and the…
GoldenSource Partners Snowflake to Deliver Omni Data Management App for the Buy-Side
GoldenSource has partnered Snowflake to deliver GoldenSource Omni, a native application that deploys the company’s data model on the Snowflake Data Cloud and combines data from multiple sources to centralise all processing and provide analytics and reporting of investment data within the cloud. As well as combining operational and analytical investment data in a unified…
UK’s Debut SDR Rules Raise Data Management Concern
The UK’s newly implemented sustainability disclosure requirements (SDR) have placed additional data management burdens on financial institutions that operate in the UK. The country’s first such framework, created by the Financial Conduct Authority (FCA), is aimed at preventing greenwashing and fostering trust in British sustainability markets. It’s designed to protect the interests of investors by…
The New Frontier of Outsourced Data Management: S&P Global Market Intelligence Report
Digitalisation has taken financial institutions along a prosperous path of better understanding, management and utilisation of the data that their activities generate. But technological evolution and the changed economic environment have placed a new set of challenges onto their shoulders. Institutions are now grappling with how they can take their digital programme further, especially given…
Better Data, Better Business: Combat Identity-Related Fraud with the LEI
By Clare Rowley, Head of Business Operations at the Global Legal Entity Identifier Foundation (GLEIF). The global economy is wrestling with never-before-seen levels of identity-related fraud. Cybercrime costs in the US reached an estimated $320 billion as of 2023, according to Statista. Between 2017 and 2023, this figure has seen a significant increase of over…
Webinar Preview: ESG Data Management Challenge of New Sourcing Landscape
Financial institutions face a new set of ESG data management challenges even though data sourcing has become easier as the sustainability sector has matured. While more data is available to firms, thanks to a combination of new reporting regulations and standardisation of disclosure frameworks, the increasing variety of information needed and the volumes in which…