To round off 2014 we’re delighted to bring you news of our recently added Python API which provides new ways of leveraging high quality data.
At events over the last couple of months we have been debating BCBS239 and its implications for data management in banking and across the industry as a whole; and the gradual acceptance of cloud infrastructure in financial markets, and how it can help reshape the costs and capabilities of financial markets data management.
All of our recent product initiatives and activities highlight the benefits to all departments of better data management including: reduced costs, increased efficiency and adherence to financial markets regulations.
We look forward to bringing you further updates early in the New Year.
News in Brief
Xenomorph Adds Python to TimeScape
Our latest initiative to maximise the benefits of data management across the enterprise has been the integration of the Python scripting language into our TimeScape solution. Used by a number of our clients for back-testing trading ideas, Python has become a popular programming language in financial markets as it enables developers to iterate new ideas quickly and shorten development cycles.
BCBS239 Panel at the Autumn A-Team Data Management Summits
Of particular interest to many will be the discussion from the London event regarding the use of spreadsheets in the face of BCBS239 and of the approaches to spreadsheet use that can help maintain data lineage, including our SpreadSheet Inside approach of including centralised spreadsheet-like calculations as a supported data type within the audited data management process.
The New York panel echoed many of the points voiced in London but said that BCBS239 must audit the lineage of calculations and derived data too and not just the raw data. Take a look at our recent work on data validation and exception management that facilitates just that.
For a thorough summary of the panel discussions on BCBS239 read Brian’s blog entries here.
Waters webinar on cloud-based data management and storage services
In this webcast Brian Sentance, Xenomorph’s CEO, joined other industry figures to discuss the practical strategies and the business benefits of cloud-based data management and private cloud storage.
Xenomorph in the News
Capability Key as Data Management, Storage Rise to Cloud
Waters Technology, November 25, 2014
This article by Timothy Bourgaize Murray sums up the key points from the Waters’ webinar on cloud-based data management and storage services. Simultaneously tackling cloud-based analytics, big data applications and long-term storage is becoming a popular strategy for both the Buy Side and the Sell Side. The panellists – including Brian Sentance, Xenomorph CEO – agreed that when it comes to signing new cloud-based providers, the decision rests on capability over cost savings.
Turning data inside-out – Finance on Windows Global Outlook 2014-2017
In this article Brian Sentance reveals how a change in data management practices can increase efficiency, reduce costs and maybe even make some money. He explores the increasing prominence of data within financial markets, the impact of regulation and the need for better data governance within firms. He calls for more people to be involved in data management projects to improve data quality and understanding and considers the potential to realize a return on data.