Whitepapers

  • The Reference Data Utility: How Goldman Sachs, JPMorgan Chase and Morgan Stanley are breaking the reference data mold
    Whitepaper

    For years, reference data management has been regarded as a necessary evil: a mission-critical function that requires significant resource in terms of data, staff and IT infrastructure, but which represents no true commercial differentiator for financial institutions across the board. Banks, brokerages and asset managers across the industry have long dedicated similar levels of resource to cleansing, normalising and aggregating the same data sets, creating a massive duplication of effort.

    Past efforts to create some form of shared central utility to take away the pain of this have failed. Until now. The industry has its first viable utility in the form of the SmartStream Reference Data Utility (RDU), backed by its founding partners. This paper examines what was behind the decision for these Tier 1 banks to buy into the concept, the benefits they are receiving and how can adopting such a model help other financial institutions.

    PDF document pdf 4430.0kb

  • Boosting Profitability: Driving Operational Efficiency Across Asia's Private Banking Sector
    Whitepaper

    Poised at the epicentre of explosion in High Net Worth Individuals (HNWIs), the potential for Asia’s private banks is huge. Yet realising this potential is challenging, with rapidly evolving international and local regulatory requirements, higher customer expectations, often outdated sales and service models, and fierce competition. 

    This white paper looks at how reducing costs through better operational and process efficiency in the middle and back office can help private banks not only to survive these challenges, but to thrive despite them.

    PDF document pdf 1657.0kb

  • Building the Business Case for Joining the Reference Data Utility
    Whitepaper

    The benefits of joining a utility for managing reference data are clear: it’s an opportunity to enjoy improved data quality, simplify overly complex data management infrastructures, meet constantly expanding (and changing) regulatory requirements and – significantly – realise significant reductions in operating costs.

    This white paper describes the four key business cases that can be addressed by adopting a utility-based approach to reference data management. It also describes common objections and how The SmartStream Reference Data Utility (RDU) business model addresses them. And finally it takes a look at the roles of the decision-makers and influencers and how to work to bring them onboard.

    PDF document pdf 336.0kb

  • Collateral Management: Regulatory Forces Driving the Behaviour of Financial Firms in Asia
    Whitepaper

    Starting in September 2016, the OTC Derivatives market will fall under new collateral and risk management standards as per the requirements developed by the International Organisation of Securities Commissions (IOSCO). Experts say that these requirements present work for both the buy-side and sell-side to ensure that systems and processes comply.

    This white paper looks at how regulatory forces are driving the behaviour of financial institutions across the Asia Pacific region and includes comments from a number of key industry experts.

    PDF document pdf 743.0kb

  • A Utility Approach for Operational Process Improvement
    Whitepaper
    Data management is a high-cost, no-margin activity for financial institutions across the board. Continuing business requirements and the ongoing regulatory burden demand more depth of processing and breadth of reporting than ever before. Higher quality data sourcing, validation and enrichment are essential to achieving operational optimization to meet both current and future obligations. With most firms reluctant to increase investment to realize this step-up in data quality, financial institutions are looking at mechanisms to offset the effort of data management - which is multiplied across the industry - firms are looking at new operational models.

    This paper looks at how a data utility can transform the way a financial institution thinks about data, but how it operates across the board.

    PDF document pdf 117.0kb

  • A New Approach: Assessing Data Management Practices and Current Demand for a Reference Data Utility
    Whitepaper
    Solving issues relating to data quality and timeliness should be the top priority for an industry-led reference data utility, according to nearly half of the respondents to a recent WatersTechnology survey sponsored by SmartStream Technologies.

    PDF document pdf 289.0kb

  • A utility approach to data management for regulatory future-proofing
    Whitepaper
    New regulations have intensified the reporting and data requirements facing financial institutions globally. Rather than turning to short term solutions, firms are beginning to realise that in the long term, improved data transparency and consistency across operations will reduce risk everywhere. In response data managers and enterprise operations teams are seeking new operating models to help them meet the new requirements.

    PDF document pdf 1205.0kb

  • Intraday Liquidity Management -
    The Time is Now

    Whitepaper
    The time has come for banks to identify the implications and solutions needed to meet the intraday liquidity regulatory monitors, scheduled for enforcement from January 2015. This paper highlights concerns from an operational and regulatory perspective.

    PDF document pdf 1582.0kb

  • Research Paper: Legal Entity Identifiers (LEIs) - There's More to LEs Than Meets the I
    Whitepaper
    In the wake of the Credit Crisis, firms are under pressure to reduce systemic risk, in part through the improvement of their view of counterparty risk. Regulatory impetus has led to the development of a standard global identifier for legal entities – the LEI – aimed at addressing the lack of market information about counterparties and issuers.

    PDF document pdf 849.0kb

  • What makes it cost-effective? - Total Cost of Ownership with TLM OnDemand
    Whitepaper
    The TCO OnDemand savings can be dramatic: In many cases between 100% and 150% of the comparable on premise software licence amount over a 3 year budget horizon. It's no surprise that the SaaS model is claiming attention - this paper explains what's behind the numbers.

    PDF document pdf 795.0kb

  • How to increase efficiency and internal control by automating the financial close
    Whitepaper
    Why leading organisations are looking to create efficiencies, shorten period-end cycle time and build up internal controls by automating the financial close.

    PDF document pdf 720.0kb

  • Post trade processing - Making multi-asset class automation a reality
    Whitepaper
    This paper will examine the ongoing challenges in post-trade processing, the technology and process foundations needed to deliver automation, and the benefits that centralised, multi-asset class automation can deliver.

    PDF document pdf 444.0kb

  • Achieving 100% ROI and break even in a year by implementing a Reconciliations Utility
    Whitepaper
    Understanding the value proposition, assessment framework and ROI for an enterprise reconciliation and exception management utility

    PDF document pdf 1535.0kb

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