A-Team Insight Author: A-Team
MiFID II Transaction Reporting Requirements Posing Big Problem for Investment Firms
Over 1,000 investment firms identified problems with their MiFID II transaction reporting requirements in 2018, according to regulatory consultancy Bovill – raising questions around how well the industry is really adapting to the complexities of the new regime. A Freedom of Information request found that a total of 1,335 notifications of inaccurate transaction reporting were...
TradeChannel Joins Forces with UnaVista for SFTR Reporting
Software specialist TradeChannel, part of Compliance Solutions Strategies (CSS), has joined the UnaVista Partner Programme to support clients in meeting the extensive and complex demands of the upcoming Securities Financing Transactions Regulation (SFTR). “With EMIR and MiFID II we have seen how regulatory changes affects our clients and their data needs,” says TradeChannel CEO Mikkel...
Exablaze Partners with Algo-Logic to Provide Ease in FPGA Deployment
Exablaze, a provider of ultra-low latency network devices, is partnering with Algo-Logic System Inc., a provider of Gateware Defined Networking (GDN) solutions, to give its clients access to pre-built trading applications without the need to build or expand their own teams to implement FPGA logic-based algorithms. Exablaze FPGA-based network cards and switches come with a...
Kx Partners with Magnitude Simba to Deliver an Improved ODBC
Kx, a division of FD that incorporates the kdb+ time-series database to deliver high-performance, in-memory computing and streaming analytics, has partnered with Magnitude Simba, a provider of innovation in data connectivity solutions such as Magnitude Gateway. Kx and Magnitude Simba seek to provide kdb+ customers with an improved Open Database Connectivity (ODBC) interface to external...
Simudyne Closes $6M Series A Funding Round with Plans to Expand
Simulation technology specialist Simudyne has closed a $6 million Series A fundraising led by Barclays. The new funds will help Simudyne to continue to interact with the financial services sector while expanding the applications of its enterprise-ready software beyond bank stress testing, financial risk and contagion management. Simudyne’s solutions assist organisations to harness the power...
European Parliament Adopts Banking Reform Package – Including Revised Rules on Capital Requirements (CRR II/CRD V) and Resolution (BRRD/SRM)
It has taken almost two years, but the European Parliament on April 16 finally endorsed the banking reform package proposed by the European Commission back in November 2016: covering key elements including the revised rules on capital requirements, and updating the framework of harmonised rules established in the wake of the financial crisis (the so-called...
Cappitech Launches New MiFID II Market Intelligence Product
Cappitech, an Israeli provider of regulatory reporting and intelligence solutions, on April 15 announced the launch of RTS 28 Market Intelligence, an electronic surveillance and analytics tool to assess firms’ best execution capabilities across all asset classes and benchmarks performance to the industry average. The new tool, says the firm, will enable financial institutions to...
KRM22 Launches Conduct Risk Training Offering through Global Risk Platform
KRM22, a technology and software investment company focusing on risk management in capital markets, today announced a new partnership agreement with Dutch online training firm Entrima to make its online training portal, the Market Abuse Centre, available to buy through the KRM22 Global Risk Platform. The three training programmes available are SMCR, Market Abuse and...
Interxion Builds for Trading Stack Transformation at New LON-3 Facility
Interxion’s new state-of-the-art LON-3 data centre facility in London’s Brick Lane – which came onstream last year – aims to offer new space and capabilities for financial firms, liquidity providers and execution venues seeking sophisticated facilities for connectivity and trading. Interxion is stressing the new facility’s core attributes of location, regulatory compliance and latency as...
Data Governance a Top 2019 Priority, Says Syncsort
According to a new survey from Syncsort, a US-based provider of Big Iron (aka mainframes) to Big Data software, many firms are still struggling to make data accessible and get value from it, with 68% of respondents reporting that siloed data negatively impacts their organization. The 2019 Data Trends survey found that most IT departments...