Banks

Industry Data Challenges

Banks rely on accurate, consistent and validated counterparty data to meet complex regulatory, risk and operational demands.

This requires getting beyond the data labels to really understand what each reporting regime has mandated, and ensuring that the data consistently meets those specific definitions.

Unfortunately the majority of major data providers are too constrained by infrastructure and process to be able to reflect these important nuances in their data feeds, and this results in exception management, data revalidation and inefficiency for the consuming banks.

But there is another way.

“The e22data team are experts in sourcing and maintaining counterparty data for global banks. Their focus on quality and delivering data that aligns with specific regulatory guidance is what really sets them apart.”

— Managed Data Customer, Global Tier 1 Bank

Use Case for Banks

Banks rely on accurate, consistent and validated counterparty data to meet complex regulatory, risk and operational demands.

Our goal is to deliver decision-ready data that you can trust to meet agreed consistency and quality standards. With confidence that licensed data already meets the regulatory definition, you can greatly reduce costly checking and rework, deliver streamlined reporting and reduce your operational risk.

So whether your need is for evidenced KYC data, key risk inputs like related party data, geography and sector or to source critical regulatory data like unique reporting classifications and identifiers of EMIR, FATCA, Dodd-Frank, FR 2052a, we can help.

Our managed data services are available through multiple channels including our own e22data cloud platform, API services, cloud data shares and even bespoke files.

See the Data Sets that we support