Mizuho International, a subsidiary of one of the largest financial institutions in Japan, has gone live with a security master application from reference data vendor GoldenSource, officials say. The deployment of the Securities & Products application follows the investment bank’s January deployment of GoldenSource’s entity master application, dubbed Customers & Counterparties, officials say. Integrated on… Read More >>
Michael Atkin: ‘DCAM Harmonizes the Data for the Prime Goal’
Non-profit trade association, the Enterprise Data Management (EDM) Council has just released the Data Management Capability Assessment Model (DCAM), a collection of best practices for the management of data across an enterprise. The new DCAM documentation is intended to help firms “align data across multiple internal repositories in order to operate more efficiently and meet… Read More >>
GoldenSource EDM Embraces Avox LEI APIs
GoldenSource, a provider of enterprise data management (EDM) solutions for the securities and investment industry, reports the integration of its EDM platform with Avox Ltd.’s Web-based application programming interfaces (APIs). Avox, which provides Legal Entity Identifier (LEI) standard reference data, recently launched a series of Web-based APIs for LEIs, legal names, addresses, industry classifications and… Read More >>
Mizuho Unit Goes Live With GoldenSource EDM
Mizuho International, a subsidiary of one of the largest financial institutions in Japan, has gone live with enterprise data management (EDM) vendor GoldenSource’s GoldenSource EDM platform, officials say. Mizuho is using the platform for client and counterparty management to support its trading, risk and compliance functions of its investment banking business across its London operations…. Read More >>
New EDM Council Chairman from HSBC
The Enterprise Data Management (EDM) Council has elected Peter Serenita, HSBC’s chief data officer (CDO), as chairman of the EDM Council’s board of directors, officials say. Serenita’s election “comes at a particularly critical time for the practice of data management in the financial services industry,” the EDM Council says in a statement, as “banks and… Read More >>
Q&A: GoldenSource’s New CEO John Eley
Mike Meriton, CEO of enterprise data management vendor GoldenSource, has left his post to become vice chairman, officials say. In Meriton’s place, GoldenSource has appointed John H. Eley, who served as president and CEO of Pivot and Hotspot FX. Eley has also created multiple financial technology businesses, officials say. Meriton, who co-founded the EDM Council… Read More >>
BNY Mellon to Use Markit as SWIFT Readies a KYC Registry
BNY Mellon to Use Markit for EDM Support BNY Mellon Asset Management has selected Markit’s enterprise data management (EDM) platform to unify significant components of its data management operations and eliminate manual processes, say BNY and Markit officials. Markit officials say the vendor was selected after “an extensive due diligence process” and proof of concept… Read More >>
FTF News Prediction # 2: New EDM Projects Give Firms a Handle on Data
(Editor’s Note: This story is running in our first-ever FTF News Winter/Spring digital issue that features our top five predictions on industry trends that are likely to be the focus for many securities operations and technology professionals throughout 2013. We will be running our prediction stories from the digital issue throughout the Spring.The digital issue… Read More >>
FATCA Kills the Data Silo?
One of the more interesting ramifications of the U.S. Foreign Account Tax Compliance Act (FATCA) may be another, fairly effective strike against calcified data silos. FATCA covers tax compliance for foreign financial assets and offshore accounts. The law requires taxpayers with foreign financial assets that exceed specified thresholds to report the assets to the Internal… Read More >>
