A-Team Insight Author: A-Team
ComplyAdvantage Tops Up Series C Funding with Goldman Sachs Investment
ComplyAdvantage, a financial crime compliance specialist, has received new investment from Goldman Sachs Growth Equity. The investment will be used to build on the company’s rapid growth and cement its position as a critical part of the value chain for companies managing evolving risks around anti-money laundering (AML) and know your customer (KYC) processes, as...
FCA Completes Transition from Gabriel to RegData Data Collection Platform
The FCA has completed the replacement of its long-standing Gabriel data collection platform with RegData having recently transitioned a final batch of firms to the new platform. In total, 52,000 firms and 120,000 users have been moved from Gabriel to RegData since the transition began in October 2020. RegData is central to the FCA’s data...
Franz Inc. and Smartlogic Collaborate to Deliver Scalable, Distributed, Semantic Knowledge Graph Solutions
Franz Inc., a provider of graph database technology, and Smartlogic, a provider of semantic AI technology, have collaborated to help large enterprises accelerate deployment of highly-scalable, distributed, semantic knowledge graph solutions that can process real-time information and retrieve knowledge from data stored across the enterprise and beyond. Both companies are based in California and have...
Exegy and Vela Merge to Create Market Data and Execution Technology Powerhouse
Exegy, a provider of hardware accelerated solutions for market data and predictive analytics, and Vela, a market data and execution technology provider, have announced the merger of their business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over $7.5 billion of capital commitments under management. Commercial terms of the...
Pico Taps Intel ‘Ice Lake’ to Achieve Sustained 100Gbps Processing for Corvil Analytics
Trading infrastructure specialist Pico has teamed with Intel to achieve 100Gbps sustained real-time processing for its Corvil Analytics product, which is used by financial institutions to manage and analyse their network flow. The development comes hot on the heels of Intel Capital joining other investors in funding a $135 million Series C investment round for...
GoldenSource Innovates ESG Solution Based on Established Data Management Capabilities
GoldenSource has introduced ESG Impact, an ESG solution based on its established data management capabilities and designed to provide ESG data coverage, comparison, quality checks, and portfolio screening. The company is working with about 20 ESG data vendors to understand their materiality maps and use its established data model to correlate data at intake and...
Surveillance 2.0 – Turn Up the Signal, Wipe Out the Noise
By Joseph Schifano, Global Head of Regulatory Affairs, Eventus Systems. Trade surveillance is a complex discipline, dependent on the processing and filtering of masses of data. Its mandate is constantly increasing too, with the relentless iterations of regulatory and market change demanding the monitoring of more asset classes across more business lines and against an...
IHS Markit Teams Up with Wave Labs to Enhance Fixed Income Price Discovery
IHS Markit has partnered with Wave Labs, a start-up specialising in fixed income liquidity sourcing, to accelerate price discovery and deliver insights and operating efficiencies to buy-side fixed income managers. The arrangement involves plug-and-play integration of IHS Markit’s thinkFolio multi-asset investment management platform with Wave Lab’s Electronic Liquid Seeking Application (eLiSA). Sourcing liquidity in fixed...
Toronto Exchanges Adopt IHS Markit for ESG Reporting and Data Distribution
IHS Markit is making its ESG Reporting Repository platform available free of charge to corporations listed on the Toronto Stock Exchange (TSX) and its TSX Venture Exchange (TSXV) under a strategic alliance aimed at helping TSX-listed companies navigate emerging ESG reporting requirements. The IHS Markit ESG Reporting Repository is a multi-framework ESG reporting and data...
Lysis Partners with Opsmatix for Off-Grid CLM to Address AML
Lysis Group has teamed with AI automation specialist Opsmatix to launch an Off-Grid Workflow (OGW) solution in support of financial institutions’ client lifecycle management (CLM) implementations. The new solution – designed to mitigate the cost of financial crime and AML activities – aims to address the 30%-50% of client workflows that exist outside of firms’...