A-Team Insight Author: A-Team
Many Firms Are Not Data-Ready for SFDR Level 2
Many financial institutions have yet to grasp the data implications of the European Union’s ESG reporting regulations, while others are scrambling to put in place processes to comply with the developing set of disclosure rules. That’s the observation of professional consultancy ACA Group, whose ESG Regulatory and Governance Lead Dani Williams said the company is...
MarketAxess Selects DataBP to Automate Data Licensing and Post-Sales Processes
MarketAxess, operator of an electronic trading platform for fixed income securities and provider of market data and post-trade services for global fixed income markets, is working with DataBP, a data licensing and commercial management platform, to support and automate its data licensing and post-sales processes. DataBP says that as data consumption methods in financial services...
Biodiversity: The Next Hurdle in the ESG Data Marathon
By Thomas McHugh, CEO, FINBOURNE Technology. With ESG firmly on the global investment agenda, investors are increasingly expecting asset managers to generate sustainable returns across multi-asset portfolios. In developed markets, many are expecting not just a portion of these investments, but a majority of their portfolio, to positively impact on the community and the environment....
Trading Technologies Acquires Algorithmic Executions Specialist RCM-X
Following its acquisition by 7RIDGE late last year, Trading Technologies (TT), a provider of trading software, infrastructure and data solutions, has acquired RCM-X, a Chicago-based technology provider of algorithmic execution strategies and quantitative trading products. RCM-X’s solution set includes trade analytics, independent transaction cost analysis (TCA), and back-testing and simulation services. The RCM-X engineering team...
LMAX Partners with SIX to Launch Cash-Settled Crypto Futures
LMAX Group, which operates trading venues for foreign exchange and cryptocurrencies, has partnered with Swiss financial infrastructure provider SIX, to launch cash-settled, centrally cleared crypto-asset futures. Pending regulatory approval, the launch is planned for the third quarter, and will initially include centrally cleared US dollar-settled Bitcoin and Ethereum futures, trading 23 hours, five days a...
ESMA Proposes Amendments to MiFIR Transparency Requirements
The European Securities and Markets Authority (ESMA) has proposed targeted amendments to some of its Regulatory Technical Standards, essentially RTS 1 and RTS 2, which specify Markets in Financial Instruments Regulation (MiFIR) transparency requirements for equity and non-equity. The amendments aim to clarify, improve and simplify the transparency regime for equity and non-equity instruments. The...
SmartSearch Releases High-Risk Country Report Service in Response to Sanctions Against Russia
SmartSearch, an anti-money laundering (AML) specialist, has released a high-risk country report service in response to the introduction of sanctions against Russia. The service enables regulated businesses to scan existing clients and check for residency or citizenship in Russia, Belarus, or any other high-risk countries. The reporting tool instantly checks all clients that the regulated business has...
ElysianNxt Wins A-Team Group Award for Most Innovative ESG Regulatory Reporting Solution
ElysianNxt, a provider of real-time solutions for finance and risk, has developed an ESG reporting platform designed to provide a 360-degree view of the impact of ESG on risk metrics, built using the latest technologies and techniques, and able to accelerate regulatory reporting to real time. The platform won the award for Most Innovative ESG...
Bloomberg Wins A-Team Group Award for Most Innovative ESG Data Solution
Bloomberg has won the award for Most Innovative ESG Data Solution in A-Team Group’s Innovation Awards 2022. The awards celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. Bloomberg’s ESG data solution was selected as a...
Climate Risk Data and Models: Why They’re Important and How Banks and Vendors are Handling Them
Financial institutions are using increasingly sophisticated data and analytical tools to identify and measure the risks that climate change poses to their investments and operations. Data providers including Institutional Shareholder Services (ISS), Baringa and Bloomberg, as well as risk-management and controls specialist Acin, are offering their financial clients solutions that can help them track and...