IHS Markit Signs Union Bancaire Privée as New Client for EDM
New client further grows IHS Markit’s share of Swiss data management market
LONDON--(BUSINESS WIRE)--IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that Union Bancaire Privée (UBP), one of Switzerland’s leading private banks, has selected its Enterprise Data Management (EDM) solution following a competitive vendor review process. EDM will run within UBP’s new front to back office system to deliver consistent, reconciled and cleansed data to the business and will act as the security master across its private banking and asset management arms.
“We decided to implement EDM as part of a strategic review of our technology infrastructure,” said Laurent Nicolaï de Gorhez, UBP Chief Operating Officer Asset Management. “The flexibility and strong reputation of EDM were important factors for us in the decision-making process. While the initial phases of the project will focus on data quality and security master, we will be able to extend EDM to other use cases, such as data governance, in the future.”
“Working with UBP brings our Swiss EDM client count to ten and reinforces our position as a leader for data management solutions in this market,” said Andrew Eisen, global head of EDM and thinkFolio at IHS Markit. “As UBP embarks on its new technology program, the EDM platform will interface with the firm’s investment management platform to ensure reconciliation and distribution of clean data to downstream systems.”
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2019 IHS Markit Ltd. All rights reserved.