The complexity of reference data management
The complexity of managing financial reference data has been growing exponentially, fuelled by an explosion of regulatory requirements, dynamic risk management requirements, emergence of new types of financial instruments, and diverse data management platforms.
Many major financial institutions still lack a comprehensive reference data management process. This leads to significant issues, ranging from duplication of data sourcing to inaccurate data being used across the business. As a result, companies need to identify mechanisms to reduce cost and time-to-market for managing reference data across the enterprise, and to improve the efficiencies in the entire data lifecycle.
A powerful, industry focused platform
Integrated Data Management Services (IDMS) integrates the technology and operations required to deliver a world class instrument reference data service.
IDMS provides a managed or standard service for reference data, market data, and corporate action data. Our proven solution enables data validation, mastering, and distribution of corporate actions, pricing and security master data across all asset classes and geographies.
Built on our Integrated Technology and Operations (ITOPS) platform, IDMS is a powerful, end-to-end, fixed price industry solution coupled with core expertise that commits to business outcomes.
A trusted, expert partner and an innovative solution
Capgemini has extensive experience working with global banks and financial institutions based upon an established, broad-based data management practice that covers various aspects of reference data, client data, data quality, data architecture and data governance.
Our IDMS is fully supported by a team of over 500 industry experts in reference data EDM solutions, data governance and regulatory guidance, and vendor feed usage rationalization.
The IDMS promise is: timeliness, completeness, accuracy, reconciliation and validation.
IDMS provides core functionality for BCBS 239
Find out more
To find out more about IDMS and Financial Services solutions, email firstname.lastname@example.org
- Forrester Research Inc, Big Data Fabric Drives Innovation And Growth; Next-Generation Big Data Management Enables Self-Service And Agility, Noel Yuhanna, March 8, 2016