Shake To Shuffle
One realizes how fast 2013 is flying by when it becomes time to think about topics we will look at for projects and special reports next year. In reference data, it's become evident that some topics and trends that were once high on the agenda have, if not been solved, at least been addressed well enough to move on.
While developments such as implementation of the legal entity identifier (LEI), compliance with Basel III, Fatca and EMIR (European Market Infrastructure Regulation), and efforts to centralize data are very likely to stay high on the radar well into 2014, new developments such as the Investment Book of Record have been popping up as well.
Additionally, some topics have changed in shape—and the buzzwords or names of trends being used to describe them have changed accordingly. In thinking about next year's special reports, Inside Reference Data plans to reflect that, and may also bring in new topics to the year's roster.
Where are these changes happening? Enterprise data management (EDM), for one, has become more about data governance and data quality, along with big data. The flows produced by big data are making EDM more necessary, but concerns about data governance and data quality make those pre-requisites for any EDM plans.
Business entity data is another field on our list. But it has begun to go hand in hand with legal entity data and identifiers, or be dominated by that concern. While the LEI, particularly pre-LEI portals or ‘pre-LOUs' (local operating units), undoubtedly affects business entity data projects, data consistency remains a big issue within this topic.
Also on our horizon, and much sooner, is the Asia Pacific Financial Information Conference (APFIC) November 4-6 in Hong Kong. The perennial standards such as EDM, the LEI and big data are slated as themes within APFIC sessions, but some of the new terms and topics, namely data governance and data centralization, are now on the agenda. This demonstrates that the time to think in these terms and therefore, think ahead, is here.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Symphony boosts Cloud9 voice offerings with AI
The messaging and collaboration platform builds on Cloud9’s capabilities as it embraces the AI wave in what CEO Brad Levy calls “incremental” steps.
MSCI counts the cost of bank M&A, looks ahead to custom indexes, AI
Cancellations of overlapping contracts following a bank merger put a dent in MSCI’s earnings, but management remains upbeat about the potential of recent acquisitions and new technology developments.
Nasdaq reshuffles tech divisions post-Adenza
Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.
This Week: HKEx's new derivatives platform; GoldenSource; Quonian-SimCorp, and more
A summary of some of the latest financial technology news.
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
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…
DSB says industry is ready to meet UPI mandate ahead of deadline
The Unique Product Identifier will be required for certain OTC derivatives in the EU at the end of April, following US adoption in January.
Mapping a successful data journey: strategy, execution and sustainability
A well-planned data journey can positively impact an organization’s long-term trajectory. However, it is important to have clarity not only in the strategy but also in successful execution and sustainability for the long haul, argues data veteran Subbiah Subramanian.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Nasdaq reshuffles tech divisions post-Adenza