IHS Markit has said that Robeco has signed for its Enterprise Data Management (EDM) Warehouse. By providing a central warehouse to store, access and report on portfolio information, the new solution is expected to improve business efficiency and data integrity at the firm.
“As we become a more data-centric organization, considering information as a strategic asset and critical enabler, the centralized data warehouse will be a fundamental building block, enabling current and future business initiatives,” said William Riemslag, head of IT delivery investments at Robeco. “The EDM Warehouse will also be critical in helping us meeting regulatory reporting requirements more quickly and efficiently.”
Robeco will use EDM Warehouse to consume and report on transaction, position and counterparty data. It will aggregate and centralize current and historical data sets for internal and external use, ensuring data quality through a single source of the truth.
“We’re delighted to expand our relationship with Robeco, providing them with a scalable, integrated solution that will support the firm’s long-term data reporting and data management strategy,” said Spiros Giannaros, global head of EDM at IHS Markit.