Markit Enterprise Data Management (EDM)

Markit EDM is a data management platform that acquires, validates and distributes trade, operational, risk, finance and customer data. It creates a single, version of the truth in a consistent, fully audited environment. Firms benefit from greater control, ongoing compliance and transparency of their data.

Customers

  • Administrators
  • |
  • Asset managers
  • |
  • Banks
  • |
  • Broker dealers
  • |
  • Commodity firms
  • |
  • Energy firms
  • |
  • Hedge funds
  • |
  • Insurance
  • |
  • Pension funds
  • |
  • Regulators

Statistics

  • 150+clients globally
  • 50+global implementation staff
Get in touch

Want to talk to the team directly?

Product Summary

EDM is a flexible solution that pulls any data types from multiple sources into a central hub. Customers are able to streamline front, middle and back office operations and create consistent versions of data in a fully audited and transparent environment.

EDM enables firms to keep their data decentralised. The central hub simply sources, imports, validates, enriches, aggregates and distributes data across the organisation. EDM’s data lineage ensures firms are able to trace back the data. This delivers transparency on where the data came from, who touched the data and what rules were applied.

    Key Benefits

    • Data governance

      Creates a single version of the truth, data stewardship of data assets and a transparent audit trail.

    • Data quality

      Data is validated, enriched and reconciled across multiple sources reducing operational risk.

    • Data transparency

      Data lineage provides look through hierarchy and side by side source comparisons.

    • Data integration

      Internal and external data silos can be eliminated. Legacy applications and systems can be consolidated.

    • Data dissemination

      Data can be aggregated and presented in the right format at the right time as needed by each business

    • Deployment

      EDM is available as an installed or hosted solution

    Reports

      • IDC Financial Insights: Empowering Wealth Management Through Enterprise Data Management Technology


        Northern Trust has implemented Markit EDM to help manage its growing investment operations outsourcing function.

         

        This IDC Financial Insights study highlights Northern Trust’s experience deploying and using Markit EDM, including the business rationale behind the decision, results attained, lessons learned and future plans to expand its use of the platform.

         

        REQUEST ANALYST REPORT

      Case Studies

        • Principal Global Investors - Data governance and compliance


          Principal Global Investors embarked upon an overall data governance initiative across multiple time zones and systems to realise the full value of its data.

           

          The successful implementation of Markit EDM means the firm now has access to higher quality data with a single golden copy across all aspects of data, enabling quick resolution of discrepancies.

           

          Its data management team can now quickly and easily create basic rules around its data without relying on IT.

           

          REQUEST FULL CASE STUDY

        • F&C Investments - Front to back office integration


          Having grown via acquisition over many years, F&C Investments had multiple trading, risk and compliance systems across the organisation.

           

          The firm deployed Markit EDM to help standardise the front office environment for portfolio management, trading, compliance and risk across multiple back office systems.

           

          The project was run in parallel across multiple teams and projects on the same single instance of Markit EDM.

           

          REQUEST FULL CASE STUDY

        • Newton Investment Management - Indices and benchmark Management


          Newton Investment Management needed a data management platform to manage over 600 indices across their systems to satisfy a dynamic investment team

           

          Markit EDM's solution satisfied a key remit to empower users to manage, manipulate and distribute cleansed audited data to core investment management systems

           

          The firm has used Markit EDM as the foundation for new system implementations since 2003 with minimal support.

           

          REQUEST FULL CASE STUDY

        • Aberdeen - Security and price master management


          Aberdeen grew from a $10 billion AUM firm in a single location to a global $140 billion firm in 8 years.

           

          Markit EDM was selected to provide a data control layer between the organisation and its market data vendors and outsourced back office providers.

           

          The platform was deployed globally, primarily as a security and price master management utility between multiple back offices, index data sources and pricing providers.

           

          REQUEST FULL CASE STUDY

        Customer Portal

        Training

        Centre for Excellence enables customers to quickly take ownership and release the full value of their EDM platform.

        Certification is available for three different audiences: business analysts, operational end-users and IT.

        Through accreditation, members become in-house specialists, reducing security concerns and achieving a return on investment in less than six months.

        • Markit EDM Core Training Introduction

          This course provides a general overview of Markit EDM components and workflow. Participants must pass the introduction exam before taking the advanced course.

        • Markit EDM Core Training Advanced

          Markit EDM workflow

          Loading data – best Practice

          Export/import database parameters

          Export/import component package for security source

          Event watcher and process launcher

          Plug-ins

          DataTyping and transform and align – best practice

          Rule builders

          Add new source to DataMatcher

          Data mastering and universes

          Business validation and data quality

          Solution workflow

          Data generator – best practice

          Optimisation of the constructor

        • Markit EDM User Interface Workflow

          Web component types – element, page and workflow

          Inboxes and manager

          Charts and actions

          Data entry

          Forms and workflow nesting

          Workflow branching

          Solutions and navigation

          Validation

        • Training calendar

          2016

          June

          Core Markit EDM and Advanced Training - London

          Markit EDM Introduction: June 20th - 21st

          Markit EDM Advanced: June 22nd - 24th

          Core Markit EDM and UI Training - Dallas

          Markit EDM Introduction: June 27th - 28th

          Markit EDM User Interface: June 29th - 30th

           

          July

          Core Markit EDM and UI Training - London

          Markit EDM Introduction: July 18th - 19th

          Markit EDM User Interface: July 20th - 21st

           

          August

          Core Markit EDM and Advanced Training – New York

          Markit EDM Introduction: August 8th - 9th

          Markit EDM Advanced: August 10th - 12th

          Core Markit EDM and Advanced Training – London

          Markit EDM Introduction: August 15th – 16th

          Markit EDM Advanced: August 17th – 19th

           

          September

          Core Markit EDM and UI Training - London

          Markit EDM Introduction: September 19th - 20th

          Markit EDM User Interface: September 21st – 22nd

          Core Markit EDM and UI Training - Toronto

          Markit EDM Introduction: September 26th - 27th

          Markit EDM User Interface: September 28th - 29th

        Press Releases

        • May 11 2016

          Markit signs Acadian as latest managed services EDM customer

          View
        • Apr 19 2016

          Thornburg selects Markit EDM

          View
        • Mar 23 2016

          Markit named a ‘category leader’ in Chartis RiskTech Quadrant®

          View
        • Feb 17 2016

          Kyc.com expands Asia Pacific footprint to Hong Kong and Singapore

          View
        • Feb 10 2016

          Markit boosts hosted EDM customer base with Westwood

          View

        Events

        • Jun 14 2016

          Sydney roundtable

        • Jun 9 2016

          Singapore roundtable

        • Apr 28 2016

          EDM Swiss Regional User Group