Waters Rankings 2024: Best enterprise data management (EDM) system provider—S&P Global Market Intelligence

Overview

EDM is S&P Global Market Intelligence’s flagship enterprise data management platform/solution. It is used by over 200 clients on both sides of the industry to help them make better use of their data and streamline their operations by pulling together disparate data types from multiple sources across the business into a central hub. This traceable and validated data is available to users across the business and is complemented by the firm’s Data Dictionary, providing users with a catalogue of available data.

The solution  

EDM allows user-firms to aggregate, validate, enrich and align data to create a consistent version of the truth in an audited environment. Data lineage ensures firms can track where data came from, who and when they touched it, and where the data was distributed. Benefits include data governance, data transparency, data quality, data integration and data dissemination, all accessible via a web interface

Secret sauce  

EDM is a mature data management offering that has been refined over more than 15 years, offering fast implementations, high levels of flexibility, and an in-built capability to manage multiple data formats. It is integrated to eliminate internal and external data silos and provide simplicity and efficiency in operating models. It is fed by S&P Global’s datasets and the firm’s experience in navigating complex landscapes such as ESG and private markets.

Recent milestones

• Outsourcing: New data management as-a-service offering, providing clients with the option of outsourcing data management and operations functions to S&P Global
• Entity matching: New service incorporating AI-powered cross-referencing and classification standards to match and master entities across public and private markets data sources
• Sustainability: Integrated with in-house and third-party data sources, S&P Global now provides ESG-as-a-service, helping clients to aggregate, align and access sustainability data and comply with regulations.

Future objectives

• No-code/low-code: S&P Global will provide users with the ability to define dashboards, data-quality rules and metrics, and apply these to EDM datasets using no code.
• Private markets: S&P Global will extend its data management-as-a-service offering to provide a single view across private and public markets, helping to address complex data collection and mapping challenges.
• Pre-configured modules: S&P Global will deliver out-of-the-box applications with tailored data models and standard data adapters based on its best practice workflows.