Reference data

155 articles tagged with this keyword

All articles with this keyword
Apply Cancel
Cambridge Blockchain and IHS Markit join forces to bring DLT to KYC data collection

/Reference data

Cambridge Blockchain and IHS Markit join forces to bring DLT to KYC data collection

Cambridge Blockchain and IHS Markit have teamed up to bring distributed digital identity technology to the collection and management of know-your-customer information.

Banks tap Ethereum smart contracts for MiFID II compliance

/Reference data

Banks tap Ethereum smart contracts for MiFID II compliance

As MiFID II looms into view, Swiss bank UBS is leading a pilot that will use Ethereum smart contracts to improve the quality of counterparty reference data through anonymous reconciliation.

Wall Street heavyweights pilot DLT for equity swaps processing

/Reference data

Wall Street heavyweights pilot DLT for equity swaps processing

Some of Wall Street's biggest names, including Goldman Sachs and JP Morgan, have completed a pilot that used blockchain smart contracts to manage equity swap transactions and post-trade lifecycle events.

Gleif study claims $650 million cost savings from LEI uptake

/Reference data

Gleif study claims $650 million cost savings from LEI uptake

Research undertaken by McKinsey estimates that broader, global adoption of Legal Entity Identifiers (LEIs) could yield annual savings of over $150m within the investment banking industry and up to $500m for banks in the issuance of letters of credit.

Deutsche Börse aims for growth in data services with Trifacta stake

/Reference data

Deutsche Börse aims for growth in data services with Trifacta stake

Deutsche Börse has acquired a minority stake in analytical data firm Trifacta as part of a push to drive growth in its data services business.

Machines could take over 30% of bank jobs: McKinsey

/Reference data

Machines could take over 30% of bank jobs: McKinsey

Robots, artificial intelligence and other forms of automation could take over almost a third of investment banking jobs within just a few years, according to a recent report from consultant McKinsey.

Citi invests in DLT startup Axoni

/Reference data

Citi invests in DLT startup Axoni

Citi has become the latest Wall Street giant to join a Series A funding round for Axoni, bringing the total amount raised by the distributed ledger technology outfit to over $20 million.

SIX adopts DTCC LEI utility in preparation for MiFID II

/Reference data

SIX adopts DTCC LEI utility in preparation for MiFID II

SIX Securities Services is to offer Legal Entity Identifiers to Swiss companies in partnership with the Depository Trust and Clearing Corporation.

Thomson Reuters to buy Clarient and Avox

/Reference data

Thomson Reuters to buy Clarient and Avox

Thomson Reuters has moved to strengthen its KYC management services and legal entity data by buying Clarient and Avox from the DTCC and its bank partners. Financial terms were not disclosed.

Blockchain could slash investment banks' costs by 30%

/Reference data

Blockchain could slash investment banks' costs by 30%

Blockchain technology could reduce infrastructure costs for eight of the world’s 10 largest investment banks by an average of 30%, saving them billions of dollars every year, new research from Accenture and McLagan suggests.

DLT: clearing away the payments debris?

/Reference data

DLT: clearing away the payments debris?

Distributed ledger technology has the potential to ease a host of operational pain points with UK payment systems and could be particularly useful for reference data databases, a report from Whitechapel Think Tank (WTT) suggests.

Banks ready for real-world blockchain

/Reference data

Banks ready for real-world blockchain

Distributed ledger technology is set to move out of the test environment and into the wild next year, with nearly two thirds of banks expecting to be in production with full-scale, commercial blockchain projects by 2019, according to research from IBM.

Banks test blockchain for reference data management

/Reference data

Banks test blockchain for reference data management

In the latest blockchain experiment carried out under the R3 banner, major banks including Citi and HSBC are looking into how distributed ledger technology can be used to simplify reference data processes.

Deutsche Bank accused of multiple failures in swaps data reporting

/Reference data

Deutsche Bank accused of multiple failures in swaps data reporting

Deutsche Bank is facing sanctions from US regulators over a catalogue of failures that afflicted its swaps data reporting functions.

As merger approaches, LSE and Deutsche Boerse eye job cuts and IT savings

/Reference data

As merger approaches, LSE and Deutsche Boerse eye job cuts and IT savings

The London Stock Exchange says that its planned merger with Deutsche Boerse could see up to 1250 jobs axed as the combined firm bids to make hundreds of millions of euros in cost savings, partly through technology.

Capital markets facing reference data challenges

/Reference data

Capital markets facing reference data challenges

More than two thirds of capital markets firms say that data quality is hitting costs and driving them to look into replacing siloed data management systems, according to a survey from Accenture and Greenwich Associates.

Big banks team on reference data utility

/Reference data

Big banks team on reference data utility

Goldman Sachs, JPMorgan Chase and Morgan Stanley are teaming with SmartStream to create a new reference data utility, providing validation across all asset classes while sharing operations and technology costs.

Companies abandoning their LEIs in increasing number

/Reference data

Companies abandoning their LEIs in increasing number

The Legal Entity Identifier (LEI) project, whereby every counterparty in a financial transaction is issued a unique code, is suffering from a lapse rate of 20% according to research from entity data provider Alacra.

JPMorgan, Goldman Sachs and Morgan Stanley to create reference data company - WSJ

/Reference data

JPMorgan, Goldman Sachs and Morgan Stanley to create reference data company - WSJ

JPMorgan Chase, Goldman Sachs and Morgan Stanley are teaming up on a new company that will pull together clean reams of reference data, according to the Wall Street Journal.

Industry bodies call for regulatory clarity in trade reporting standards

/Reference data

Industry bodies call for regulatory clarity in trade reporting standards

A group of 11 industry associations have called on regulatory bodies to address the problems of poor data quality in derivatives reporting.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept