Factsheet: TimeScape EDM+ for Independent Price Verification (IPV)Product Literature
Independent price verification (IPV) is an increasingly important process requirement to support finance and risk functions across a wide range of financial institutions. The core IPV process demands that internal prices are verified against independent third party sources.
Factsheet: TimeScape EDM+ for Prudent ValuationProduct Literature
Prudent valuation practices are becoming increasingly commonplace, prompted by edicts such as the European Union’s Capital Requirements Regulation. Rather than simply verifying the fair value of an asset (or accuracy of a model) by comparing it to an independent source, prudent valuation goes one step further and assumes the process of deriving fair value is sufficiently uncertain to warrant additional adjustments that reflect valuation risk.
IFRS 9 Data Management ChallengesWhite Paper
The mandatory adoption of IFRS 9 at the beginning of 2018 will cause a number of data management challenges for firms impacted and required to comply with the new accounting standards. This paper outlines some of these challenges, including the need to adopt a consistent approach to measuring expected credit losses, as well as accurately classifying assets and modelling hedging relationships.
Factsheet: MiFID II, MiFIR Data ManagementProduct Literature
The implementation of MiFID II and MiFIR may have been delayed by a year, but its impact has not been lessened. While MiFID focused principally on European equity markets, its sequel has a much broader remit. It threatens to have repercussions across OTC and exchange traded derivatives, fixed income securities and structured products, as well as commodities markets.
Factsheet: TimeScape EDM+ IFRS 9 Data Management SolutionProduct Literature
Mandatory adoption of IFRS 9 at the beginning of 2018 will prompt a number of data management challenges. Firms required to comply with the new accounting standards will need to pay particular attention to validating inputs and outputs of credit risk models, as financial statements become considerably more sensitive to credit quality. Furthermore, requirements to adopt a new classification schema for assets and liabilities and model hedging relationships will drive the need for consistent data and a collaborative approach across finance and risk management functions.
This blog post by Xenomorph CEO Brian Sentance is entitled IFRS 9 Data Management: The Convergence of Finance and Risk and was originally published via Data Management Review. The siloed delivery of data and technology has evolved quite naturally in most financial institutions. Whether the split lies across business units, geographic boundaries, asset classes or job […]
This blog post by Xenomorph CEO Brian Sentance is entitled FRTB and MiFID II: Light at the End of the Tunnel and was originally published via the Tabb Forum. The onslaught of new regulations impacting the financial services industry in recent years has been relentless. So the thought that one set of regulatory requirements (MiFID […]
This blog post by Xenomorph CEO Brian Sentance is entitled Finding the Right Data Model for Enterprise Data Management (EDM) and was originally published in Information Management. Too Unstructured? Too Rigid? Just Right! When it comes to framing enterprise data management, it is essential to establish the right data model. The trick lies in keeping […]
This blog post by Xenomorph CEO Brian Sentance is entitled Streamlining EDM Operations: Removing False Positives and was originally published in Traders Magazine. Enterprise Data Management teams inherently rely on rules to identify exceptions that need fixing or require further investigation. However, having the right rules in place from the onset is absolutely crucial to […]
This blog post by Xenomorph CEO Brian Sentance is entitled DMS London March 2017 and was originally published on LinkedIn. Quick thank you to the A-Team, fellow sponsors and all who attended the DMS London event on Wednesday at the Hilton Tower Bridge Hotel. It was a great day, really good to catch up with some […]