Who are we?
PaceMetrics provides data quality control software, consultancy and training to businesses with regulatory concerns about missing data management. With a team of experts with backgrounds covering risk, finance and IT, our focus is on protecting organisations by improving controls on data in critical processes. PaceMetrics’ offers solutions to monitor, detect, manage and report potential errors and inaccuracies across systems. We give users visibility of their data processes, highlighting problems with bad data and show how to resolve them, in real time if desired. PaceMetrics was established in 1999 and has acquired customers such as Deutsche Bank, UniCredit HVB, ABN AMRO, Fidelity Investments, Morgan Stanley, Bank of New York Mellon and a major European central bank.
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.
PaceMetrics offers advice and solutions to your data management problems in areas such as Price Sourcing, Asset Management, Exceptions Monitoring, Legacy Data Cleansing, Risk Management, Audit, Workflow Tracking, and BCBS 239 compliance. Some of our recent projects can be reviewed in our Solutions section.
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
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Latest News and Updates
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…
In this blog, we outline the security implications of GDPR and how organizations should look upon the new regulation not as a business restriction but as an opportunity to rethink data security in the face of the growing cyber threat: http://www.intuition.com/blog-cybersecurity-gdpr/