CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Hatstand partners with the EDM Council to support firms with a framework for Data Management
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Hatstand partners with the EDM Council to support firms with a framework for Data Management PDF Print E-mail
Tuesday, 09 February 2016

Global capital markets specialist, Hatstand, announces it has partnered with the EDM Council, a non-profit trade association that sets industry standard for effective data management, to become one of seventeen currently authorised partners of the Council’s Data Management Capability Model (DCAM).

Launched in January 2015, the DCAM Model is the documentation of the capabilities and best practices required to establish a sustainable data management programme and is used to assess a firm’s current and future desired state, identify gaps in current capabilities and enable informed decisions on the spending of data management budgets. The model is based on the collective experience of data practitioners across the global financial information industry and can be leveraged to help meet many of the current regulatory demands regarding risk data aggregation of quality and timely data, including BCBS 239, EMIR and MiFID II.

Hatstand, an EDM Council member since July 2015, has joined as an authorised partner assigning senior practitioners within its organisation to complete EDM Council’s DCAM training and accreditation courses. This accreditation entitles them to perform assessment leveraging the DCAM methodology. As a trusted data management subject matter expert, Hatstand is able to assist clients in conducting a DCAM assessment in an effort to help them understand their organisation’s data management capabilities and regulatory requirements on their data management programme; working with them to put a project plan in place to remediate identified gaps within their controls and processes.

Mike Meriton, Head of Commercial Services at the EDM Council comments: “Financial institutions are under significant pressure to meet regulatory demands and to drive operational efficiencies. Through applying DCAM our partners can help firms advance their data management capabilities and improve their regulatory readiness.”

In November 2015, the EDM Council issued its comprehensive benchmarking study based on DCAM on the state of data management across the global financial industry. Importantly, any firm that conducts a DCAM assessment can now not only see how their business internally measures against the industry standard but they can also benchmark their progress amongst their peer group.

Keith Delmarco, Global Head of Data Management at Hatstand adds: “Regulators around the globe are focusing increasingly on the quality, timeliness and accuracy of data generated by the firms they regulate. Having a best practice framework and sound data management strategy to work against, backed up by periodic risk assessments, is a clear and transparent way to evidence to the regulator a firm’s state of compliance.”

“The performance of annual (or more frequent) assessments is a key component of any data management strategy; it is one of the best metrics for senior management and the governance team to gauge the effectiveness of the programme, evidencing progress from the base case towards the desired state. We are proud to be an authorised partner for the DCAM Model and look forward to continuing to work closely with the EDM Council.”
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197