GAIN Entity Master is the comprehensive and specialized business application for cleansing, matching and maintaining Entity Data. It uniquely enables data managers and operations, as well as compliance and risk management professionals, to increase and maintain the quality of reference data related to entities they interact with and are exposed to.
Uncover unknown exposures
While most of the required legal entity data is publicly available, gathering and analyzing this vast amount of information is a tedious and time-consuming task that often results in incomplete data that is difficult to maintain. This presents a major challenge for KYC, client on-boarding and pre-trade compliance. Rather than taking weeks or even months to fully understand your organization’s exposure to a given entity, the GAIN Entity Master helps significantly reduce the effort and time required to determine exposure.
Find the ultimate source of risk
Many systems fail to link the relationships of a security’s issuer to its various parent companies into account. An investment firm may not realize for instance, that it has a large number of securities issued by various subsidiaries that ultimately come from a single parent—thus exposing itself to excessive risk and possibly breaking its own allocation rules.
Improve issuer management using multiple sources
Risk mitigation through GAIN is mainly accomplished by using multiple data sources from the start, rather than the single source so often used by some financial institutions. When firms use a single data source for issuer data, this almost always paints an incomplete picture—and so a large team of analysts is required to fill in the information gaps. Furthermore, because many firms buy ratings data through aggregators, this can lead to delays in ratings updates since they first have to be re-encoded and transferred to in-house calculation engines.