IDinsight’s Post

📊 ESMA has just released its fourth report on the quality and use of data, marking significant progress in enhancing transparency and efficiency in financial markets. 🔍 This year's report expands its coverage to include transparency data published by APAs under MiFIR, data supporting MiFIR transparency calculations, data reported under the Securitisation Regulation, and data on funds collected under AIFMD and MMFR. 💡 ESMA's Data Strategy update in June 2023 sets the stage for mobilising data assets to support strategic objectives till 2028, emphasising the importance of data quality and use. 🔄 Data quality and use function hand in hand, reinforcing each other in a virtuous cycle. The report highlights key developments in data quality engagement frameworks, including systematic identification of issues and continuous improvement efforts. 📈 Notable improvements in 2023 include better quality of incoming files reported by ARMs, enhancements in APA data, and strides in data processing efficiency. 🤝 ESMA emphasises transparency by making available methodologies for calculating data quality indicators and codes for automatic data file downloads from APAs websites. This move aims to foster mutual understanding and alignment of priorities among reporting entities, market infrastructures, data users, and the regulatory community.   ESMA concluded their report stating, “Most importantly, ESMA stresses that ensuring data quality remains a primary duty of supervised entities. Firms, and particularly their top management, are expected to take ownership of the data they report and increase its use for internal purposes, as the more data is used, the more it can improve.” Our solutions are built to Ensure firms report Accurate, Complete and Timely transactions. Please get in touch to understand how we can support you with your transaction reporting programme. ESMA42-2004696504-7771 Follow-up Report to the Peer Review into supervisory actions aiming at enhancing the quality of data reported under EMIR (europa.eu)

Discover how the #UKGovernment can harness the power of data to propel public value! 🚀 Learn from our Baringa insights, gleaned from navigating the challenges of the Covid pandemic, and uncover key principles for unlocking data's potential to drive performance. #GovernmentProductivity #UKPublicSectorProductivity #UKGov #UKPublicSector #PublicSectorProductivity #Productivity #ServiceModernisation Callum Sparrowhawk Robyn Turl

📊 Embracing the Power of Statistics in Government Organizations! 🏛️ In the dynamic landscape of government, accurate data and informed decision-making are paramount. 📈 Statistics play a pivotal role in shaping policies, driving efficiency, and ensuring accountability. Here's why we should highlight the importance of statistics: 🔍 Informed Decisions: Statistics provide a clear picture of societal needs, enabling governments to allocate resources effectively and prioritize initiatives that matter most. By analyzing data, we can devise strategies that address challenges head-on and foster sustainable growth. 📊 Data-Driven Policies: Crafting policies based on solid statistical evidence enhances their effectiveness and impact. Robust data enables us to identify trends, anticipate shifts, and tailor interventions, leading to improved outcomes for citizens. 📈 Accountability and Transparency: Transparent reporting of statistical information cultivates trust between government and the public. Accurate data allows citizens to assess progress, hold officials accountable, and actively engage in the governance process. 🌐 Global Benchmarking: Statistics empower governments to benchmark their performance against international standards. This enables the adoption of best practices and the identification of areas for improvement on a global scale. Let's recognize that statistics are more than just numbers—they're catalysts for positive change! 🌟 As professionals working in government organizations, let's champion the use of statistics to drive innovation and ensure a brighter future for all. #StatisticsMatter #GovernmentPolicies #DataDrivenLeadership #AccountableGovernance #InformedDecisions #PolicyMaking #TransparencyMatters #SustainableProgress #PublicEngagement #GlobalBenchmarking

How can #UKGovernment accelerate the use of data to drive decisions to deliver value for the public? Reflecting on learnings from the Covid pandemic, where government rapidly developed insights to make critical decisions at pace, we share the key principles government organisations can follow to quickly unlock the value available in their data to drive performance around a clearly defined organisational purpose: https://ow.ly/rSBJ50QEYFj #GovernmentProductivity #UKPublicSectorProductivity #UKGov #UKPublicSector #PublicSectorProductivity #Productivity #ServiceModernisation Callum Sparrowhawk Robyn Turl

It was fun to write this with Robyn Turl and interesting to reflect on the learning from several examples of using data to drive performance in the public sector over the last couple of years. Essentially - don't let perfect be the enemy of the good! #data #publicsector #productivity #purposeled

The latest from our #PublicSectorProductivity series, where my colleague Callum Sparrowhawk and I reflect on learnings from the last few years and consider how government organisations can quickly unlock the value from their data to inform decisions and drive performance across UK public services 🔐 🌟

📓 New featured report 📓 “By changing attitudes towards and processes for transparency, future governments will be able to […] show that transparency actually helps government get things done.” A new report by the Institute for Government showcases the way transparent working by governments can benefits themselves, not just the public. Explore their practical steps for improved transparency: https://lnkd.in/eCn-J_FR

The Value of #Data Sharing in Practice. The strategy use of data across #government agencies makes a huge difference in terms of improving the #efficiency and #quality of the delivery of #public services to #local communities. Inspiring talk by Abigail Yeboah from The Ghana Data Commission on the lessons learned from the National Data #Strategy

🤔 The IPO buzz is real! But will this excitement translate into subscriptions? We surveyed urban Indians about the IPOs they're excited about, and it seems Ola Electric, Bajaj Energy and PharmEasy are generating a lot of anticipation! 💥💰 Don't miss out on the latest trends, analysis, and insights for India and beyond, brought to you by YouGov 👉 https://okt.to/POYkd5 #consumerinsights #brandranking #YouGov

It's here! The 2023 edition of 'Citizen reporting in the UK'. 🗞️ The report seeks to help local government and other public authorities stay attuned to current trends around citizen reporting of local problems and better understand changing expectations. This year's edition explores user data from the UK's national reporting service, FixMyStreet, to build and analyse a profile of the UK’s current, active, report-making citizens. Download the report to learn: 💭 Who are the people voluntarily making reports about local issues – and who is missing? 💭 When and where do people make reports? 💭 What other existing research and analysis can support our understanding of the issues raised in the report? + more... Get your free copy here: https://lnkd.in/eEGYvfZF #LocalGov #PublicSector #Research #CitizenReporting #CitizenEngagement