Tag Archives: counterparty risk management

Counterparty Data and Its Challenges

In the first of two videos, Peter Ku, Director of Financial Services Solutions Marketing, Informatica, talks about counterparty data and its challenges.

Specifically, he answers the following questions:

- What is counterparty data and why is it important?

- What are some of the challenges that the global banking industry is facing with their counterparty information?

(more…)

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Posted in Financial Services, Governance, Risk and Compliance, Vertical | Tagged , , , | Leave a comment

Counterparty Data and its Challenges

In the first of two videos, Peter Ku, Director of Financial Services Solutions Marketing, Informatica, talks about counterparty data and its challenges.

Specifically, he answers the following questions:

- What is counterparty data and why is it important?

- What are some of the challenges that the global banking industry is facing with their counterparty information?

Watch Peter’s second video (http://youtu.be/bVUl9oYVERY) to learn about the latest trends regarding counterparty data and how the legal entity identifier (LEI) system will impact banks across the globe.

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Posted in Data Integration | Tagged , , | Leave a comment

MDM – What’s The Cost Of Bad Data In Financial Services?

One of the most critical first steps for financial services firms looking to implement multidomain master data management (MDM) is to quantify the cost savings they could achieve.

Unfortunately, a thorough analysis of potential ROI is also one of the steps least followed (a key culprit being disconnects between business and IT).

This shortcoming is spotlighted in a new Informatica white paper, “Five Steps to Managing Reference Data More Effectively in Investment Banking,” which outlines key questions to ask in sizing up the cost implications of bad data and antiquated systems, such as:

  • How long does it take to introduce a new security to trade?
  • How many settlements need to be fixed manually?
  • How many redundant data feeds does your firm have to manage?
  • How accurate and complete are your end-of-day reports?
  • Do you have the data you need to minimize risk and exposure? (more…)
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Posted in Enterprise Data Management, Financial Services, Governance, Risk and Compliance, Master Data Management, Operational Efficiency | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment