EDM Council
In the CDO's Chair
Strapline: Interview With
NAFIS 2014: ‘Compliance Consumer' is Drain on Data Resources, Users Say
End-user firms are feeling the pressure of not just complying with new regulations, but also of meeting the data management burden to support compliance, making experienced market data staff and business analysts ever-more valuable, said panelists at…
BCBS 239 Wasn't The Start of Risk Data Aggregation
Experienced data executives consider whether BCBS 239 risk data aggregation guidelines have an unrealistic deadline or are behind what the industry already has ready for compliance
Bottega Plans Collaboration at EDM Council
John Bottega, a former chief data officer at a few major firms who recently joined the industry organization as an advisor, intends to work with member firms on data management strategies
Bottega Joins EDM Council
John Bottega, who has served as chief data officer for the Federal Reserve Bank of New York, as well as Bank of America and Citigroup, has joined the industry organization as an advisor
EDM Council Adds Kendall to FIBO Efforts
Elisa Kendall of Thematix Partners will work with EDM Council executive Dennis Wisnosky under a contractual arrangement
Wake-Up Calls
Data management professionals are being alerted to several new developments in the areas of semantic technology, Unique Trade Identifiers, collaboration, data costs and big data
EDM Council Campaigns For Semantic Technology
As the EDM Council prepares to release key elements of its FIBO ontology later this year, David Newman tells Nicholas Hamilton how financial services can benefit from semantic technology in the way other industries have done
Short-Term Pain, Long-Term Gain
European legal entity identifier requirements have created a lot of work for data management practitioners. But HSBC’s Hany Choueiri tells Nicholas Hamilton that in the long term, the identifier can help firms manage big data, make a success of data…
The Risk Rationale
More careful tracking and management of data, driven by the desire to reduce risk, requires multiple efforts. One of these, the FIBO ontology, is proving to be a key piece of the puzzle
Enterprise Data Management special report
October 2013 - sponsored by: Eagle Investment Systems, MarkLogic
Sapient Launches Lightweight Data Maturity Assessment
The services vendor says its sentiment-based assessment offers 80% of the value of an evidence-based assessment with 20% of the effort of commonly used evidence-based assessments
HSBC, Citi Contend With Standards Variations
Data management professionals continue to face multiple data standards that prove challenging when trying to achieve consistency. Michael Shashoua explores how semantic data is proving useful to aggregating data generated under these different standards.
UBS, Bank of America Find Value in DMM Model
Using the EDM Council's Data Management Maturity (DMM) model, UBS Securities and Bank of America have been able to improve on their data governance and data management, officials say
EDM Council Readies FIBO Specs, Works With Bank of England and Microsoft
The EDM Council and the Object Management Group are preparing to issue specifications for their ontology, which is being aligned with Bank of England templates. The EDM Council has also piloted its data maturity model with Microsoft
GoldenSource Implements FIBO Standard
The enterprise data management software vendor says it can help its clients improve clarity and efficiency by combining the semantic standard with the physical data it holds
Wisnosky Brings Government Experience To EDM Council Ontology Efforts
Regulation & Standards
EDM Council Chooses FIBO Standard Leader
The EDM Council has appointed Dennis Wisnosky, a former US Defense Department official with data experience, to head the implementation of its FIBO standards
Numerix Updates Data Infrastructure For Multi-Curve Modeling
The analytics software vendor has updated the reference data infrastructure of its trade capture application to support multi-curve modeling functionality
Regulatory Concerns For 2013
Next year promises to be a key time for clarifying regulations and figuring out just how they will affect and govern data management, especially Fatca
Risk Reduction Isn't Just Semantics
Crossing the “semantic barrier” requires alignment of “tribal knowledge” with the actual meaning and concepts being described. Financial industry consultancy IQ3Group’s Mack Frankfurter considers how this can be accomplished through data standards
EDM Council: Link Data To Ease Compliance
Regulatory mandates can best be met by linking data from instruments, disclosures, obligations and holdings, according to an official of the industry forum
Getting To Grips With Semantics
Businesses in a number of industries are seeing the benefits of using semantic technology for data management. Nicholas Hamilton asks where this approach may fit in the financial services sector and what advantages firms can expect to see
EDM Council Tackles Data Quality
The industry association has begun collecting feedback on data quality requirements set out in Basel III regulation, to plan a data quality initiative