A-Team Insight Author: A-Team
The Results Are In… Trading Tech Insight Awards USA 2020
The A-Team Group Trading Tech Insight Awards USA winners were announced this week in the second year of the North American edition, and while we were sad not to be able to hold our usual glittering reception to celebrate the winners, their achievement is no less redoubtable. US market practitioners and suppliers are facing unique...
Primus Deploys Vela’s Metro to Take Advantage of Options Market Volatility
Chicago-based options trading firm Primus Capital has deployed Vela’s Metro trading platform to take advantage of the recent high volatility and trading volumes in the listed options marketplace. Primus was able to deploy the Metro platform on a remote basis and within 48 hours, offering traders working from home robust direct market access and the...
SteelEye and UnaVista Partner on Reporting Solution Following CME Announcement
SteelEye, the compliance technology and data analytics firm, and UnaVista, the regulatory reporting platform from London Stock Exchange Group, have joined forces to support financial firms with best-in-class reporting services as they migrate from CME’s European Trade Repository (TR) and NEX Abide regulatory reporting services, which will close in November 2020. SteelEye has been a technical...
BNY Mellon Launches New Data and Analytics Solutions to Drive Higher Alpha and Cheaper Beta
The Bank of New York Mellon Corporation has adopted three new Data and Analytics Solutions offerings designed to help investment managers better manage their data, improve the success of US-listed fund launches and support the integration of ESG factors into investment portfolios. Data Vault is a cloud-based data and analytics platform that supports the rapid...
GLEIF Deploys Workiva Platform, Expands into North America
The GLEIF Foundation partnered with XBRL International and Workiva in June 2020 to publish its annual report in both human and machine-readable Inline XBRL and HTML format, with GLEIF’s LEI embedded into the financial information. It constitutes only the second official business report globally to automatically link the filing entity to its verified LEI reference...
LexisNexis Risk Solutions Partners with Cabinet Office on Fraud Detection
Global data and analytics provider LexisNexis Risk Solutions has partnered with anti-fraud data management company Synectics Solutions to work with the Cabinet Office on the UK’s National Fraud Initiative (NFI). The NFI is a government-led exercise first launched in 1996 that matches data within and between public and private sector bodies to prevent and detect...
Volker’s Rules: What’s the Current Deal with Exchange Data Fees?
By Volker Lainer, VP Product Management, GoldenSource. Last week, the SEC and the US Justice department dotted the i’s and cross the t’s on an agreement that will lead to greater scrutiny of the fees charged by stock exchanges for market data. The move represents the latest attempt to try and resolve a long running...
UK Opts Out of CSDR Buy-in, SFTR Reporting
In a written statement outlining a series of regulatory reforms planned for the UK, Chancellor Rishi Sunak confirmed last week that the UK will not include the Central Securities Depositories Regulation’s (CSDR) settlement discipline regime as part of its adoption of EU regulations post Brexit. Instead, UK firms should “continue to apply the existing industry-led...
FCA Explores New Prudential Regime, Considers Operational Resilience Guidelines
The UK’s Financial Conduct Authority (FCA) has published a discussion paper on a prudential regime for UK investment firms: marking the first step in introducing a set of prudential rules for investment firms to better reflect their business models and the risk of harm they pose to consumers and markets. “We have long advocated for a bespoke...
Delta Capita Claims Major Cost Savings with CLM Solution
Delta Capita, a global provider of Fintech solutions, managed services and consulting, claims that its latest client lifecycle management (CLM) platform could help financial institutions to cut their operational costs by up to 40%. With technology and operating costs typically running into the millions of pounds per year, banks have traditionally deployed thousands of people...