A-Team Insight Author: A-Team
Are the Complexities of the New IFR Regime to Investment Firms as Kryptonite is to Superman?
By Richard Moss, Global Product Manager, Capital, AxiomSL. Even though investment firms have very different primary business models and risk profiles as opposed to lending institutions, to date, for regulatory purposes many have been considered credit institutions and accordingly report under the Basel-driven capital requirements regulation (CRR). The CRR approach is too broad to effectively...
FCA: UK Banks Are Failing in Their AML Approach
UK banks are not taking anti-money laundering controls seriously enough, with some still viewing AML protections as unnecessary. This was the concern raised by Financial Conduct Authority (FCA) director of enforcement and market oversight Mark Steward, speaking to reporters at the FCA annual public meeting last week – and the regulator is ready to crack...
Build vs buy? It’s already too late
By Sylvain Thieullent, CEO of Horizon Software. After a prolonged period of firefighting to solve problems right up until deadline day, the industry could be forgiven for thinking that their MiFID II worries were now behind them. However, over two years on from implementation day, the market may have to brace itself for further changes to...
Canoe Intelligence Paddles Upstream with New CEO
Canoe Intelligence has replaced its founding CEO Seth Brotman with Jason Eiswerth as the fintech prepares next phase growth that will further develop its machine learning and natural language processing platform that extracts and digitalises data from PDF reports for institutional investors, allocators and asset servicing firms. The growth plan will be supported by Series...
Chronicle Adds Tier 1 Bank, North American Exchange to Client Roster
Low-latency trading solutions specialist Chronicle Software says its flexible commercial model was a key factor in two new client implementations announced this past week. The customer deployments – at a major global bank and North American exchange operator – involve deployment of Chronicle’s FIX engine solution, underpinned by the company’s high-performance messaging platform. According to...
GoldenSource’s Quant Workbench Targets Quants and Analysts with Direct Access to Pricing and Metadata
Enterprise data platform provider GoldenSource’s new Quant Workbench offering allows trading firms’ quantitative research teams to add pricing and reference data to their analytical and research models. The new service effectively creates a centralised store for these data types, reducing quants’ need to track down the information from multiple spreadsheets or downloads. According to Charlie...
The Data Scientist and the Black Swan
Just a quick reminder to join our Data Management Summit USA Virtual next week and hear from some of the best speakers in the business. Keynote speakers include Linda Coffman, executive vice president at The SmartStream RDU, and Harry Chopra, chief client officer at AxiomSL. Coffman will discuss ‘data scientists in disguise’, with a view...
GoldenSource Ushers Reference and Pricing Data into the Front Office with Quant Workbench
Extracting value from data is a priority for financial institutions as the business looks to increase efficiency, reduce costs, identify new opportunities and gain competitive advantage. Some source in-house tools to improve the quality and accessibility of internal and external data, others look to third-parties for solutions. A new tool from GoldenSource, Quant Workbench, brings...
Fenergo Said to Be Mulling IPO as Rumours of Sale Swirl
Following the success of VC stablemate NCino’s $250 million IPO back in June, rumours are swirling that Dublin-based client lifecycle management specialist Fenergo may be contemplating a significant corporate event, with possibilities ranging from an IPO of its own to a trade sale of the company. While sources close to the company are hinting that...
Start Building your Data Capital Now – or Miss Revenue Generating and Cost Saving Insights Every Day
By Charlie Henderson, Co-CEO, FeedStock. There have, in the past, been similarities drawn between data and oil. I would agree that there are certain elements of the two which are comparable: data is highly valuable and is extracted and refined like oil, indeed we use data pipelines. However, the application of data is fundamentally and...