London, 31 October 2013 – The capital markets sector faces a deluge of regulatory requirements that will directly impact client and counterparty onboarding and data management, making a compelling case for centralized hubs that manage data across the enterprise. Gathering the required documents and data in one way and through a single team will drastically shorten onboarding times and ensure data is complete, accurate, and fit for purpose at its source. But how can firms fuse their siloed systems and get their data under control?
This piece by senior analyst Virginie O'Shea evaluates legal entity data challenges, measures the attention being directed at legal entity data, and assesses the sustainability of current investment technology environments. The piece is based on Q3 2013 Aite Group interviews with individuals responsible for client onboarding, client data life-cycle management, or KYC processes.
This 25-page Impact Note contains 16 figures and two tables. Clients of Aite Group's Institutional Securities & Investments service can download the report.