A-Team Insight Author: A-Team
Firms Need a Robust Technology Framework to Manage the Challenges of Market Abuse
By James Causton, Regulatory Sales Consultant, and Darren Lawrence, Compliance Sales Specialist, at SIX. In recent months, the FCA has fined several firms with regards to breaches of market abuse regulation. The increasing focus of the UK’s FCA and other national competent authorities in the EU demonstrate a coordinated focus on improving standards and operational...
Solidatus and Corlytics Map Regulatory Content to Company Processes, Policies, Systems and Controls
Solidatus, provider of a data management solution that allows organisations to connect and visualise data relationships, and Corlytics, a supplier of regulatory risk intelligence that combines innovative technology with legal and industry expertise, have partnered to offer customers of both companies the ability to map regulations from across the globe to their data estates and...
Breaking the Dominance of the 4pm Fix: Alternative Approaches to FX Benchmarks
Introduction Since the mid-1990’s, foreign exchange (FX) benchmarks have played a crucial role in providing standardised FX valuation points, which are used for a wide variety of purposes by financial markets participants across the industry. Over the last decade however, particularly in the wake of the Libor scandal of 2012 and the FX fixing scandal...
‘Surprise’ Success for PE Start-up Novata Rolls on With New Funding
No one seems more surprised with the speed of success of data and benchmarking start-up Novata than its senior management. Within just a year, the US-based company has become a leading name in the private equity markets’ burgeoning involvement in sustainable investing, attracting the interest in the largest investors in the sector. That has been...
Trading Technologies Acquires AxeTrading, Adding Fixed Income to Multi-Asset Capabilities
Trading Technologies (TT), the trading software, infrastructure and data solutions provider, has acquired London-based AxeTrading, a global provider of fixed income trading solutions. The acquisition significantly expands TT’s multi-asset capabilities to cover corporate, government, municipal, and emerging market bonds, as well as over-the-counter (OTC) interest rate swaps, and bolsters TT’s standing in fixed income derivatives...
Data, Tech Rising to Water Challenge as Historic UN Meeting Highlights Alarm
History will be made in New York next week when heads of state from around the world gather for the first United Nations Water Conference in half a century. The fact that it is being held at all underlines the growing importance of water to the global sustainability project. Water-based issues, from pollution, stewardship, overuse...
DTCC Releases LIBOR Benchmark Replacement Index Solution
The Depository Trust & Clearing Corporation (DTCC) has released a new LIBOR Benchmark Replacement Index solution to support the industry’s transition from LIBOR benchmark rates to Secured Overnight Financing Rate Data (SOFR) as well as other new fallback rate indices by 30 June 2023. The solution will allow users to view information for over 100,000...
How to Harness the Value of Cloud for Scale and Agility
As financial services firms recognise the value of data and benefits of data-led processes, many are undergoing digital transformations that put data at the heart of their operations and decision making. For most, this is providing competitive edge as data, and the insights it brings, enrich decisions and improve productivity – but not all digital...
Tallarium Secures Additional Investment from XTX Ventures and Reciprocal
Tallarium, a provider of specialised trade analytics for price discovery in off-exchange energy markets, has secured an additional $1.6million investment from XTX Ventures, the venture capital arm of algorithmic trading company XTX Markets, and Reciprocal, a venture capital firm. The investment will support the company’s goal of becoming the definitive pricing source for the energy...
GLEIF Notes Growth in LEI Numbers, Identifies New Use Cases Including Payments
The Legal Entity Identifier (LEI) is alive and well, with numbers of active LEIs growing through 2022 despite no additional regulatory mandates, and new use cases of the identifier including cross-border payments expected to further expand not only numbers, but also acceptance and adoption of the standard. Data Management Insight recently talked to Stephan Wolf,...