A-Team Insight Author: A-Team
EU Launches Dedicated New Unit in Financial Crime Crackdown
The EU has set up a new division to fight an expected surge in financial crime and money laundering as a result of the coronavirus crisis, with a focus on the protection of public funding. The unit has been set up in response to the potential increase of financial and economic crime and the involvement...
Are You Ready for RegTech Virtual 2020?
We’ve only got a week to go, and our brand new and fully virtual RegTech Summit is fast approaching. One of the most innovative, exciting and engaging platforms we have ever worked on, we are delighted to bring you two days of unique, insightful and cutting edge content on the most pressing regulatory challenges of...
EU Regulator Offers Guidance on Cloud Outsourcing
ESMA has issued new guidance this month to help financial providers understand their compliance responsibilities when outsourcing functions or investment activities to cloud-based providers. Published on 3 June in in draft form and currently open to consultation, the proposals are designed to help firms mitigate the risks that they are exposed to when outsourcing to...
Nasdaq Ventures Invests in AML Specialist Caspian
Nasdaq Ventures, the investment arm of Nasdaq, has taken a minority stake in Caspian – a UK-based specialist in automated AML investigation technology and the winner of the RegTech Insight Award for ‘Best Regulatory Alert Management System’ 2020. With this additional funding, Caspian expects to accelerate its product expansion and scale of its automated platform, AML Investigator. Nasdaq’s market...
Xignite’s Dubois: Covid-19 Expected to Accelerate Shift to Cloud for Market Data
The Covid-19 pandemic and its concomitant shift of much of the work force to home-working may force a re-evaluation of on-premises market data management. After an initial delay as the pandemic kicked in, financial institutions’ interest in cloud-based delivery of market data is now accelerating, according to Xignite CEO Stephane Dubois. Xignite has seen a...
Push Technology Teams with Baker to Build Scalable Trading, Data Systems
West Coast real-time data streaming technology supplier Push Technology has forged a partnership with London-based trading user interface specialist Baker Technology to combine their offerings to meet demand for outsourced development of high-scale single-dealer and exchange trading systems. Baker builds custom on-premise and cloud-based trading systems for sell-side firms and exchanges. Using Push’s Diffusion Real-Time...
SIX Extends DocHub Platform Reach through Finnova
Swiss financial data specialist SIX today made its Regulatory Document Hub (DocHub) available as to the wider Swiss financial market for the first time through Finnova, a Swiss provider of software and services. DocHub is a fully automated platform that connects product manufacturers with distributors to ensure Key Information Documents (KIDs) and other regulatory documents...
There Is No Spoon: Matrix IDM Takes EDM to the Cloud
Matrix IDM, an investment data platform specialising in EDM as SaaS, has had a busy year. With offices in Sydney, London and New York, two major new clients signed up over the past month and over half a trillion dollars now managed on its platform, the start-up has come a long way since its launch...
S&P Creates One Stop Data Shop with New Global Marketplace
Earlier this month, S&P Global took a major step forward with the launch of its Global Marketplace, a new data platform that combines a broad catalogue of datasets including both proprietary S&P Global content and third-party alternative data options. “This is an opportunity to bring it all together, and to make it easy for clients...
Feeding the Beast: How One Firm is Changing up Compliance Through NLP
Charlie Henderson is on a mission – to free businesses from the daily interruption of non-core tasks. Together with business partner Lucas Wurfbain he has spent the last few years figuring out how to structure enterprise activity data in order to identify hidden risks and maximise value using AI. The result? FeedStock, a firm founded...