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Press
Press

press

This page contains articles and press releases relating to the EDM Council, our member firms and the industry as a whole. Documents are presented here in order, most recent first.

2018

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The Data-centric Solution to Asset Managers’ 2018 Challenges

26 March 2018

Gresham Technologies' Jan Dinger and Scott Knous of Olmstead Associates sat down with EDM Council’s Executive Director, John Bottega, to assess these shifting pressures, and discuss why being more data-centric can help firms execute their transformation initiatives with a greater probability of success. Article Published by Head of Trading and ISS Magazine.

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327 KB

The Emergence of the Chief Data Officer

22 March 2018

What we know for sure is that the board-level role of Chief Data Officer is on the rise. Google Trends shows waning public interest in CIO and CTO searches as CDOs rise from the depths of obscurity into the limelight. Gartner estimates that "90 percent of large companies will have a CDO role by the end of 2019." A report published by Exago.

2017

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227 KB

John Bottega Appointed EDM Council Interim Managing Director

30 November 2017

Michael Atkin Continues as Key Council Contributor Focusing on Research and Education

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302 KB

EDM Council Advances Industry Standard to Harmonize Financial Data

26 October 2017

Incorporates Semantic Web Tools and Principles to Accelerate Adoption The Enterprise Data Management has released a new version of its Financial Industry Business Ontology (FIBO) along with new tools and functionality to accelerate adoption of the industry standard.

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413 KB

Industry Research Finds Significant Progress in Data Governance, but Major Challenges in Data Quality Remain

27 July 2017

2017 DCAM Data Management Benchmarking Study Spotlights Progress and Identifies Key Challenges

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385 KB

EDM Council, Columbia University Partner for Data Management Course

18 July 2017

A dozen Columbia University students are making history by incorporating a data management module into their finance- related degrees, developed in partnership with the EDM Council. A report by Joanne Faulkner, Inside Reference Data

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114 KB

Schema.org, EDM Council Partner to Create Smarter Searching for Financial Markets Websites

03 May 2017

Lending and retail banking businesses earmarked for first full-scale implementations

2015

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101 KB

EDM Council, OMG Build a Rosetta Stone for Data

21 July 2015

Article published in FTF News: FIBO’s goal of becoming the Rosetta Stone for data and its importance for standardizing data reporting in light of current and upcoming regulations.

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136 KB

EDM Council to Perform Data Management Benchmarking Study of the Global Financial Industry

17 June 2015

Benchmarking Measures Capability Based on Industry-Wide Best Practices

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EDM Council Hopes to Spark an Ontology Revolution

12 June 2015

FTF News: The first of 30 FIBO Foundations standards is emerging and its backers say what’s to come will be the most important development for data management.

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265 KB

EDM Council Releases its First Formal Ontology Standard

03 June 2015

FIBO Foundations Approved as Official OMG Standard

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112 KB

EDM Council Appoints Mike Meriton to Head Commercial Services

08 April 2015

Press Release: Founder of Council to manage commercial strategy and implementation for next phase of development

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71 KB

DCAM Harmonizes the Data for the Prime Goal

25 February 2015

Published in FTF News by Eugene Grygo

2014

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203 KB

OFR's Advisory Committee issues a unanimous recommendation on ontology

04 March 2014

Article published by Semantic Web

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92 KB

Article: Semanticweb.com

09 January 2014

'Interest Grows in Riding the Semantic Wave'

2013

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106 KB

How FIBO Will Clean Up Finance

18 October 2013

Article published by Collaborative Planning & Social Business (http://social-biz.org)

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81 KB

FIBO Foundations Approved by OMG as Standard

16 October 2013

FIBO on Track to Become a Global Financial Technology Standard

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80 KB

EDM Council Holds Inaugural FIBO Technology Summit

09 July 2013

Technology Experts Explore Process for Sustainable Industry Collaboration on the Use of Semantics for Systemic Risk Applications

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216 KB

GARP Article 'Semantics: The Next Big Issue In Big Data For Compliance'

01 July 2013

David Saul, chief 'Scientist' at State Street Corp reviews the technology of semantics.

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66 KB

Enterprise Data Management Council FIBO Initiative Receives Top Honors at Ontology Summit 2013

11 June 2013

Hackathon spotlights new automated ontology development and evaluation processes and standards

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315 KB

FIBO Technology Summit

11 June 2013

Financial industry and Sem Tech leaders discuss ontology evaluation tools, FLORA-2′s potential, and more.

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72 KB

FIBO, BigData and Smart Data Article in American Banker

6 March 2013

Article from Tom Steinert-Threlkeld in American Banker: Tame Risk with Smart Data, Not Big Data.

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80 KB

CUSIP Global Services, Partners with CICI Utility to Enhance and Expand Legal Entity Identification

28 February 2013

Collaboration will Support New NAIC Reporting Requirements and Issuer Identification

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31 KB

EDM Council Appoints Dennis Wisnosky to Lead FIBO Standards Implementation

11 February 2013

Press Release: Former CTO of Department of Defense Business Mission Area to Direct New Suite of Standards

2012

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74 KB

Treasury Announces Members for New Financial Research Advisory Committee

14 November 2012

The U.S. Treasury announced the thirty distinguished professionals in economics, finance, financial services, data management, risk management, and IT, who will serve on the Financial Research Advisory Committee of the Office of Financial Research (OFR).

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379 KB

The Evolving Role of the CDO

25 October 2012

An interview with John Bottega, CDO Bank of America published by Wall Street Technology

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47 KB

EDM Council Plans to Show Semantic Solution for LEI at Next Week's FSB Meeting

10 October 2012

Published in Reference Data Review

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227 KB

CFTC Names DTCC/SWIFT as CICI Provider

24 July 2012

The CFTC named DTCC and SWIFT as the official providers of the CFTC Interim Counterparty Identifier (CICI).

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BofA's New Black-Belt Data Chief Targets Blinding Gaps

08 May 2012

The appointment of John Bottega to Bank of America Corp. Article published by Bloomberg.

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For Wall Street Overseer, Progress Comes at a Crawl

03 January 2012

Leading a new federal agency intended to help prevent another financial crisis may seem like a dream job for most economic gurus, but the nomination has been painfully slow. Article posted to New York Times

2011

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Big Data: Harnessing a Game-Changing Asset

30 December 2011

Article published by Economist Intell Unit on the opportunities good data management bring to a firm

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64 KB

Obama Nominates Berner for New Treasury Post

17 December 2011

Article in Financial Times

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49 KB

Does John Bottega's Hire as B of A's Chief Data Officer Mean the CDO is Back?

15 December 2011

Article in Bank Technology News

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77 KB

Bank of America Names John Bottega Chief Data Officer

13 December 2011

Press Release: Bank of America announced today that John Bottega has joined the company as Chief Data Officer.

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91 KB

G-20 Communiqué

15 October 2011

Report from G-20 meeting in Paris on priorities for financial stability.

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42 KB

Update on the Dodd-Frank Data Developments Like LEI from EDM Council

05 September 2011

An article by Tom Groenfeldt, Forbes

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71 KB

Global Bank Regulation - Stranded in the U.S?

28 June 2011

An article by Tom Groenfeldt

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345 KB

Financial industry Trade Associations Coalition Releases Framework for a Global Legal Identifier System

03 May 2011

Press Release surrounding proposal for a global LEI solution

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345 KB

OMG to Bolster EDM Council Semantics Repository with Established Framework

29 March 2011

Report published by A-Team Group on EDM Council - OMG relationship

2010

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A Crisis is a Terrible Thing to Waste

01 July 2010

The sheer volume of data owned by banks and businesses can make its management unpalatable. But the consequences of ignoring it are increasingly grim. An article published in IBS Journal.

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68 KB

The Government's 'Canary in a Coal Mine'

10 April 2010

The Office of Financial Research (OFR) occupies just 20 pages in the Senate Banking Committee's massive 1,336-page financial reform bill-but its importance far outstrips the brief space devoted to it.

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127 KB

Data Management Update: 2010

26 March 2010

An update published by Aite Group.

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97 KB

EDM Council Elaborates on the industry Group's Progress

25 February 2010

An article published by A-Team Group

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54 KB

Senator Reed Sponsors Legislation Creating Executive Agency to Collect Data on Systemic Risk

25 February 2010

An article published on jimhamiltonblog.blogspot.com

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51 KB

Reed Proposes Financial Risk Data Clearinghouse

22 February 2010

The National Institute of Finance is an idea whose time appears to have come. An article published by Bank Systems & Technology/Wall Street & Technology

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61 KB

Swaps Sleuths Are the Fix for Too Tangled to Fail

18 February 2010

An article published by Bloomberg Business Week

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56 KB

Fed's Tarullo Pushes for Mandatory Reference Data Reporting and Standardisation

18 February 2010

An article published by A-Team Group

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Smart Regulation: Is it Possible?

29 January 2010

Aite Group report on the pending changes in the legislative process

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FSTC Article: Data Requirements for Systemic Risk

20 January 2010

Article produced by Mike Atkin for the Financial Services Technology Consortia's magazine "The Innovator"

2009

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1.5 MB

A-Team Group: Harnessing Data for Better Valuations

02 November 2009

Data Management Survey 2009

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54 KB

Before Dealing with Systemic Risk, How About Getting Data on it?

16 September 2009

Article published in Securities Industry News

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315 KB

US NIF and ECB's Reference Data Untility Need Clarify and Strong Leadership

31 August 2009

An article published in A-Team Insight

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189 KB

New Regulatory Body Promoted to Standardize Financial Data

30 August 2009

An article published in Financial Adviser

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135 KB

Early Warning Market System Gains Steam in Wash, Wall St

24 August 2009

An article published in The Wall Street Journal

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69 KB

The Data Dilema

01 July 2009

An Article published in Incisive Media, Risk Management

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132 KB

Reengineering Financial Services

01 July 2009

Article published in CEO Magazine

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In Search of the Gold Standard

30 Jun 2009

Article published in Enterprise Risk Management

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182 KB

Data Management : Thinking Small

01 April 2009

Tips for pragmatic data management. An article published in Financial-i

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69 KB

EDM: The Road Map Ahead

01 April 2009

Article published in Institutional Investor defining the pathway forward for data management

2008

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214 KB

Institutions Join EDM Council to Collaborate on Changing Enterprise Data Manangement Practices

18 November 2008

EDM Council announces twelve new companies have joined to collaborate on data management issues in the changing regulatory landscape

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1.35 MB

Operational Risk and the Importance of Accurate Business Entity Identification

27 August 2008

An article written by Michael Atkin for Vision 2010, SIBOS edition

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538 KB

EDM Council Marks Third Anniversary

10 June 2008

Press Release: EDM Council sees data emerging as fourth horizontal function within financial institutions

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538 KB

Shifting Data from Task to Strategic Priority

04 June 2008

Excerpts from roundtable discussion hosted by Windows in Financial Services and moderated by EDM Council

2007

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Fifteen Global Financial Services Institutions Elect to Join the EDM Council Board of Directors, Reflecting EDM Momentum

14 November 2007

Fifteen global FSI's join the EDM Council’s Board of Directors demonstrating the momentum of EDM. John Bottega, CDO of Citi named Chairman.

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21 KB

EDM Council Completes Data Quality Metrics Pilot

02 May 2007

Press Release: Enterprise Data Management Council tackles the elusive challenge of generating verifiable business metrics

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EDM Council Members Work with DTCC to Standardize Financial Instrument Terms and Definitions

24 April 2007

EDM Council Takes Positive Steps to Achieve Industry Agreement on Financial Instrument Ontology

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Data Quality Is the Objective

26 February 2007

Contributed Article by Mike Atkin to DM Review on data quality and its relationship to supply chain management.

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395 KB

Delivering Business Value Through Enterprise Data Management

22 February 2007

White paper authored by BearingPoint on the drivers and challenges related to EDM implementation.

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Business Information Challenge... Transforming Data into Knowledge

01 February 2007

Article published in "Financial World" magazine making the connection between EDM and risk management.

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88 KB

Looking Into the EDM Crystal Ball

26 January 2007

Contributed article written for Reference Data Review on current status and core trends related to EDM

2006

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Council Sets Agenda to Advance EDM as a Core Operational Infrastructure

24 October 2006

Press Release: EDM Council consolidates research findings, recognizes progress within the financial services industry and proposes plan of action to facilitate enterprise-wide data management

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Building a Sustainable Data Management Strategy

01 July 2006

Contributed article to Vision 2010 on EDM drivers

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26 KB

CIO's Define Hierarchy of Priorities on Path to Achieving Enterprise-Wide Data Management

30 May 2006

EDM Council Executive Advisory Board convenes in NY and London to prioritize Council agenda and confirm key Enterprise Data Management (EDM) requirements

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EDM Council Meets in New York to Discuss Business Case and Implementation Best Practice Research

13 March 2006

Press Release: EDM Council membership experiences over 70% growth in four months

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Enterprise Data Management: Making the Transition from Why to How

01 March 2006

Contributed article to Waters Magazine on the rationale for EDM

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91 KB

EDM Council Names Michael Atkin Managing Director

13 February 2006

Industry advocate to guide Council’s evolution as the mechanism for the financial services industry to address its data management challenges

2005

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87 KB

Momentum Builds Behind the EDM Council as European Executives Join in London

02 November 2005

Enterprise Data Management (EDM) strategies recognized as the route to achieving improved operational efficiencies and business success

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87 KB

Inaugural Session of EDM Council Outlines Key Industry Initiatives

23 August 2005

Press release following inaugural Advisory Meeting of EDM Council

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EDM Council is Launched

08 June 2005

Press Release: Industry vendors and financial institutions team-up to support and promote Enterprise Data Management (EDM) as an industry initiative for today’s complex data management challenges. 

EDM Council Press Contact

Michelle Eliseo

Michelle Eliseo

Director, Marketing - Paragon Public Relations

Articles & Press Releases