News in Brief
Chartis Research White Paper: Data Management for Risk in Capital Markets
Since 2008, the issue of data management for risk has become increasingly important for firms, as they realise that without the right data their view of risk will not be accurate. This Chartis Research paper explores the challenges of data management for risk. It considers how financial institutions need technologies that can help them get control over data whilst retaining the flexibility to react to market events and make timely decisions. The paper highlights some of the key trends in data management for risk in capital markets and describes leading practices from Xenomorph.
TabbFORUM Video: Offense, Defense & the Feedback Loop
In this TabbFORUM video, Xenomorph CEO Brian Sentance joins senior TABB analyst Paul Rowady to discuss the challenges for data strategy, and the way that risk monitoring can feed back into the system to create a more unified approach to managing and making use of the data.
Xenomorph hosts Holiday Party at the Classic Car Club
We were delighted to see so many familiar faces at our holiday party at the Classic Car Club in New York in December.
Click here to see the photographs, and to share the experts’ views on the role of data management as part of the overall risk management puzzle.
In the Spotlight: new client announcements
Bankenes Sikringsfond, the Norwegian Banks’ Guarantee Fund, has selected TimeScape to satisfy requirements for a centralised analytics and data management platform to speed decision making based on consistent, high quality and auditable data.
TimeScape was chosen for its ease of use and flexibility, together with its ability to handle and integrate any asset class effortlessly. Using TimeScape, the fund is able to store, clean, validate and analyse all kind of data sets – including the most complex curves and surfaces and spreadsheet-like calculations – and add analytics of their choice, above the hundreds of built-in analytical functions that come as standard.
By improving the quality of the data and analytics feeding the system, fund managers have been able to promptly identify and manage the dynamic risks affecting their portfolios and the risk premium of each investment.
Xenomorph in the News
“We can’t upgrade, the Data Model’s changed!” Inside Reference Data, 7th September 2012
This article demonstrates the need for close attention to be paid to software upgrades and modifications, particularly those relating to data management, to avoid significant risk and cost to the business.
Big Data Enters Risk Management Lexicon, Markets Media, December 2012
As firms look for a more holistic approach employing Big Data analytics, this article asks industry experts for their views on the new approach, termed “collaborative risk management” which promotes information sharing, consistency of risk metrics, and linkage between front, middle and back office.