Bank consortium led by SocGen seeks to cure post-trade data ills

Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.

Banks maintain reference data at considerable cost and to no competitive advantage in order to perform functions such as know-your-customer (KYC) checks. As this information overlaps with that of their peers, ideally banks would be able to cross-check the data with each other. Does company X have a politically exposed person (Pep) on its board, for instance? Or does the legal entity identifier (LEI) we associate with company Y match the one you have on record?

In reality, however, this data is

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Deutsche Börse democratizes data with Marketplace offering

Deutsche Börse Group is set to unveil its Marketplace, a one-stop data shop designed to simplify and streamline data acquisition and consumption for its clients, while also surfacing data from across the firm to its own users. Jan Stiebing and Sven…

The IMD Wrap: The growing data catalogue space

With their potential to manage costs and surface strategic datasets, it’s no wonder Max gets excited about data catalogs. This week, he takes a look at a new startup entering the space.

The IMD Wrap: Taking stock of inventory management

With market data and associated costs typically representing a firm’s third-largest expense, there’s a lot of incentive to manage data and its usage more efficiently. Max flings open his fridge to illustrate what’s new in this space.

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