Datactics Adds to London Staff
Owen Chuck and Alex Brown join Datactics team to serve growing business in London
Data quality and matching software provider Datactics has appointed Owen Chuck as sales director and Alex Brown as product manager.
Earlier this year, Datactics appointed former UBS director Mick Foster to its board and hired regulations specialist Luca Rovesti in London. The two latest senior appointments are intended to further strengthen the firm's senior team in the city.
Chuck has 25 years' experience of sales in capital markets, and will be focusing on tier one and two banks and hedge fund clients across a range of solutions. Prior to Datactics, Chuck held senior positions at Reuters and Sungard.
Brown joins Datactics with more than 15 years of experience of product management in data technology solutions for financial markets, having previously worked as head of DART Product Development at SR Labs, and in similar roles at NYSE Technologies, Wombat and Harco Technology.
Datactics CEO Stuart Harvey tells Inside Reference Data that the hires reflect increased demand that the company is seeing from banks and data vendors that want to be able to monitor and measure the quality of large quantities of instrument, reference, entity and, sometimes, risk data. Datactics has added a browser-based integration and workflow management layer, and metrics and reporting capabilities, with the ability to import rules from repositories or governance systems. Datactics has adopted the Enterprise Data Management Council's Data Capability Assessment Model standard for data-quality measurement.
"Our monitoring solution monitors the quality of that data over time. It's not a consulting-style project. Our solution sits in situ in the bank and constantly monitors data quality with regard to regulation. We have been dealing with BCBS 239, the Foreign Account Tax Compliance Act, Comprehensive Capital Analysis and Review in one instance, the legal entity identifier… We are seeing significant growth in demand for those regulatory metrics solutions in this governance-centric world that we all live in now."
To support clients in London, Datactics says it has also made hires to boost its data analyst team. It has also hired additional staff in its Belfast technology centre.
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 Emerging Technologies
FactSet looks to build on portfolio commentary with AI
Its new solution will allow users to write attribution summaries more quickly and adds to its goal of further accelerating discoverability, automation, and innovation.
How Ally found the key to GenAI at the bottom of a teacup
Risk-and-tech chemistry—plus Microsoft’s flexibility—has seen the US lender leap from experiments to execution.
The IMD Wrap: Beginning of the end for data audits?
This week, there’s exciting news for data bean-counters in the form of a partnership between two vendors that could change the way we view and track data usage and audits.
S&P debuts Spark Assist genAI copilot, draws up ‘Blueprints’ of combined datasets
S&P’s Kensho subsidiary has rolled out new emerging tech products leveraging AI to explore and combine the vendor’s wealth of datasets to solve common use cases.
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.
Liquidnet sees electronic future for gray bond trading
TP Icap’s gray market bond trading unit has more than doubled transactions in the first quarter of 2024.
Verafin launches genAI copilot for fincrime investigators
Features include document summarization and improved research tools.
Waters Wrap: Open source and storm clouds on the horizon
Regulators and politicians in America and Europe are increasingly concerned about AI—and, by extension, open-source development. Anthony says there are real reasons for concern.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Women in Technology & Data Awards 2024: All the winners and why they won
- Deutsche Börse democratizes data with Marketplace offering