Waters Rankings 2022: Best enterprise data management (EDM) system provider—S&P Global Market Intelligence
Overview
S&P Global’s EDM platform is designed to allow financial services firms to achieve their business goals by breaking down data silos and creating a central source of consistent, validated data for use in downstream systems and decision-making. EDM is used for a wide range of use-cases, including regulatory compliance and managing ESG data, and is complemented by EDM Warehouse, the firm’s integrated investment management warehouse and reporting platform.
“Over the past 12 months, we have continued to execute against a series of exciting client, product and business goals. We have delivered a major new module, the Data Dictionary, as part of our shift to a SaaS-based model, and expanded the breadth of our coverage to include private markets use-cases.”
Jamie Penniman, senior vice president, head of commercial strategy, software solutions, S&P Global Market Intelligence
The Solution
EDM centralizes disparate data from different systems and sources across the enterprise. It links, matches, cleanses and applies rules and hierarchies to the data, creating a central master record of data, which can then be used with confidence.
Secret Sauce
Differentiators include the flexibility to support constant change, speed of implementation, low total cost of ownership, and the ability to support any type of entity data. Optional standardized templates provide an accelerated implementation with a pre-packaged user interface, workflows, rules and data models.
Recent Milestones
S&P Global launched its Data Dictionary to provide business users with greater visibility of data within their organization. It is the first deliverable in its migration to a software-as-a-service (SaaS)-based model.
It unveiled diversified EDM to support clients not only in the public markets, but also in private markets. In October 2021, Hamilton Lane went live on EDM to manage private asset data.
In response to increased focus on ESG, EDM now supports the Sustainable Finance Disclosures Regulation (SFDR).
Future Objectives
S&P Global’s key focus is on the delivery of the next phases of its SaaS platform. Following on from the Data Dictionary, it will be releasing more applications on the SaaS platform to empower business users.
The firm will also be focusing on user experience, addressing the needs of business users with a no-/low-code environment.
S&P Global will continue to grow its team to support its expanding client base and building out a dedicated user experience (UX) function.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024: All the winners
WatersTechnology readers voted to determine the winners in 35 technology and data categories comprising this year’s virtual Waters Rankings.
Waters Rankings 2024: Best reference data provider—Association of National Numbering Agencies (ANNA)
Product/service: ANNA Service Bureau (ASB)
Waters Rankings 2024: Best corporate actions solution provider—SIX
Product/service: Global Corporate Actions service
Waters Rankings 2024: Best cybersecurity provider—AI Risk
Product/service: AIR-GPT platform
Waters Rankings 2024: Best transaction-cost analysis (TCA) system provider (highly commended)—S&P Global Market Intelligence
S&P Global Market Intelligence’s Transaction Cost Analysis tool is highly commended in the best transaction-cost analysis (TCA) system provider category of the 2024 Waters Rankings.
Waters Rankings 2024: Best reporting system provider—S&P Global Market Intelligence Cappitech
Product/service: Cappitech
Waters Rankings 2024: Best trading floor communication system provider—Cloud9
Cloud9 wins the best trading floor communication system provider category in the 2024 Waters Rankings.