Who are we?
PaceMetrics enables financial services businesses to use their data with confidence. We monitor quality, improve automation, reduce risk and boost efficiency. Our agile data management systems provide reliable information, detecting and fixing data issues in real-time, underpinned by audit, lineage and traceability controls. Metadata-driven, schema- and process-agnostic, our software enables us to be responsive to our clients’ needs, reacting to opportunities, delivering digital transformation projects, quickly and cost-effectively.
PRODUCTS AND SERVICES
Find Your Solution
Assure manages the risks of using inaccurate data. It is a highly configurable and adaptable data management platform that monitors, detects, transforms, and aggregates data from complex processing environments in real time. Whether you are in Risk, Finance, Operations, IT or Audit, Assure provides your organisation with validated data in an automated, controlled and auditable way, following the BCBS 239 recommendations.
PaceMaker manages the significant operational risks associated with transaction processing, through reconciliation and trade life-cycle monitoring. PaceMaker identifies and monitors performance indicators across a trading landscape. It extracts key data from multiple sources and processes, and provides organisations with a consolidated view of their status and accuracy.
PVS is our market data management solution, sourcing and verifying the critical financial price and reference data flowing into an organisation’s key systems: accounting, risk, collateral management and many others. Delivered on PaceMetrics’ Assure platform, its agile strengths mean that the bank can react more quickly to changing business and regulatory demands, easily handling new sources of data, and extending data correction and analysis processes.
PaceMetrics also offers a bespoke catalogue of training and tuition programs to meet your organisation’s needs through our sister company, Intuition Publishing . Our courses cover areas such as Risk Management, Asset, Management, Fund Management, Data Protection, Regulation and Compliance. We also provide online training and classroom tutorials.
OUR CLIENTS INCLUDE
ABN AMRO | FIDELITY INVESTMENTS | BANK OF IRELAND | BNY MELLON | DEUTSCHE BANK | MORGAN STANLEY | UNICREDIT | WOLTERS KLUWER
Call, E-mail or Visit Us Around The World
DUBLIN – HQ
Latest News and Updates
Describing IFRS 17 as “the biggest insurance accounting change in decades”, this short article and webcast from EY profiles the seismic changes occurring with a new accounting standard affecting the Insurance industry. It will have some profound implications for the management of data quality and lineage too.
Regulations, Reporting & Rigour – EMIR and MiFID Continue to Force Firms and Regulators to be Vigilant
The regulatory landscape has become increasingly complex with ever more requirements on firms and regulators in the area of compliance. Read more on this in the thought-provoking article at the following link.
The European Central Bank are seeking improvements in compliance and encouraging firms to get their BCBS 239 data quality houses in order. Further details on this initiative are contained in an article at the following link.
Take a look at Linear Regression being applied in a new age – this link provides an interesting take on the concepts shown in Moneyball (the film about the use of data analytics in Major League Baseball), including a clip from the film.
European Market Infrastructure Regulation Trade Reporting – data quality management is key to compliance in this area
For reference, leading firm of solicitors McCann Fitzgerald published the outcomes of Central Bank checks in relation to complying with the new EMIR Trade Reporting requirements at this link.
What an unexpected and unforeseen event! Nassim Nicholas Taleb, acclaimed author of “The Black Swan: The Impact of the Highly Improbable” once opined that “The problem with experts is that they do not know what they do not know”. Your organisation could be vulnerable to other black swan events, such as a cyber-attack on your data.[…]
There are now additional processes to be adhered to. Confidence in data quality underpins accurate AML reporting, as can be seen in the McKinsey article at this link.
We mourn the loss of an hour in bed at this time of the year. But should we think more deeply about this? Would you know if timestamps on historical data had been corrected for DST or not?
Data management is increasingly important in the modern world from the points of view of the regulatory, reporting and business intelligence environments. Please find an interesting take on the importance of Data Quality Management for financials from Bob’s Guide at this link.
Happy Halloween from the team at PaceMetrics! If you are ‘frightened’ about your data quality get in touch!. Contact Us…