The Enterprise Data Management (EDM) Council has elected Peter Serenita, HSBC’s chief data officer (CDO), as chairman of the EDM Council’s board of directors, officials say. Serenita’s election “comes at a particularly critical time for the practice of data management in the financial services industry,” the EDM Council says in a statement, as “banks and… Read More >>
Q&A: GoldenSource’s New CEO John Eley
Mike Meriton, CEO of enterprise data management vendor GoldenSource, has left his post to become vice chairman, officials say. In Meriton’s place, GoldenSource has appointed John H. Eley, who served as president and CEO of Pivot and Hotspot FX. Eley has also created multiple financial technology businesses, officials say. Meriton, who co-founded the EDM Council… Read More >>
BNY Mellon to Use Markit as SWIFT Readies a KYC Registry
BNY Mellon to Use Markit for EDM Support BNY Mellon Asset Management has selected Markit’s enterprise data management (EDM) platform to unify significant components of its data management operations and eliminate manual processes, say BNY and Markit officials. Markit officials say the vendor was selected after “an extensive due diligence process” and proof of concept… Read More >>
FTF News Prediction # 2: New EDM Projects Give Firms a Handle on Data
(Editor’s Note: This story is running in our first-ever FTF News Winter/Spring digital issue that features our top five predictions on industry trends that are likely to be the focus for many securities operations and technology professionals throughout 2013. We will be running our prediction stories from the digital issue throughout the Spring.The digital issue… Read More >>
FATCA Kills the Data Silo?
One of the more interesting ramifications of the U.S. Foreign Account Tax Compliance Act (FATCA) may be another, fairly effective strike against calcified data silos. FATCA covers tax compliance for foreign financial assets and offshore accounts. The law requires taxpayers with foreign financial assets that exceed specified thresholds to report the assets to the Internal… Read More >>
