Central Bank

Enterprise data management has a key role in helping central banks to improve their operational processes in response to business demands and institutional requirements. Through its work with central banks and the domain experience of its staff, PaceMetrics has gained a clear understanding of how EDM can help central banks meet today's challenges.
As regulatory oversight grows, it is becoming increasingly important for central banks to have access to clean data. By adopting best practise in collecting, cleansing and publishing data for its own systems, central banks can lead the banks under their control to a new level of enterprise data management.

PaceMetrics' innovative enterprise data management (EDM) solutions enable central banks to achieve accurate and timely pricing, reference, counterparty and corporate actions data. Based on its process-driven framework, lean data model and continuous monitoring, PaceMetrics enables central banks to reduce both cost and risk, while improving the auditability and transparency of their data management operations.

A single application, multiple data sources

Managing multiple systems to capture market data from different providers and across different client systems and instrument types is an unnecessary administrative headache and potential source of operational risk. PaceMetrics' solutions provide central banks with a single platform to manage multiple market data sources from within a single application. Market data providers supported include Thomson Reuters, Bloomberg and Six Telekurs, Markit, WM Daten, Morningstar and IDC, as well as internal sources.

Nothing's off the radar

PaceMetrics ensures that your processes for capturing market data are 100 per cent effective. By providing continuous monitoring throughout the day, we remove the concern that exceptions and errors are not being picked up by your existing operational processes. PaceMetrics' pro-active workflow functionality provides early warnings of potential discrepancies, reducing the risk of end-of-day surprises, combined with dedicated tools for intra-day workflow repairs.

Comprehensive interfaces & clean data

PaceMetrics provide a comprehensive suite of plug-ins to enable central banks to interface with almost any external client system. Furthermore, PaceMetrics' continuous data cleansing processes improve data quality before its publication to downstream consumers and external client systems, such as Murex, Charles River, SunGard, Algorithmics and Sophis, so that any errors or inconsistencies will be captured and repaired before they propagate further.

Continuous monitoring and auditing

PaceMetrics enables all data management processes to be continuously monitored to deliver complete transparency and clear audit trails. Business users from across the organisation can continuously monitor all data management processes across the organisation in any time zone. This provides complete transparency, while audit trails of both manual and automatic processes deliver business visibility to reduce operational risk and improve governance and compliance.

Let's talk about our fresh approach

PaceMetrics’ Embedded Governance approach is worth exploring! So let’s talk