A-Team Insight Author: A-Team
Elixirr and Kaizen Partner to Deliver Regulatory Reporting Remediation Solutions
Elixirr and Kaizen have partnered to deliver an end-to-end regulatory reporting remediation service for financial institutions. The firms, Elixirr a consultancy and Kaizen a regulatory reporting assurance specialist, will offer clients assurance testing, governance and support for trade and transaction reporting remediation projects. Kaizen’s ReportShield solution checks every item of transaction data for accuracy and...
GoldenSource Integrates Trax ARM and APA Reporting Services
GoldenSource has extended its support for compliance with Markets in Financial Instruments Directive II (MiFID II) by integrating its enterprise data management platform with Approved Reporting Mechanism (ARM) and Approved Publication Arrangement (APA) services from Trax. The integration can be scaled to meet other regulatory reporting requirements such as Securities Financing Transactions Regulation (SFTR), which...
LCG Selects Solace to Accelerate Real-Time Price Distribution
London Capital Group (LCG), a UK-based contract for difference and spread betting provider, has selected information routing specialist Solace to consolidate and upgrade the technology it uses to distribute real-time price information to applications and traders around the world. Handling information routing between LCG’s internal applications, Solace technology will reduce latency and simplify data flows...
Cinnober Promotions Move Hans Sjöberg to CTO, Taraneh Derayati to Head of Sales
Cinnober is playing out its succession plan with the promotion of Hans Sjöberg to chief technology officer (CTO) and Taraneh Derayati to head of sales. Sjöberg joined Cinnober in 2012 and now replaces former CTO, Peter Lenti, a founder of the company who will remain active in a senior technology architect and advisory role. Taraneh...
Bloomberg Plans Addition of Chinese Securities to Global Aggregate Indices
Bloomberg intends to add Chinese RMB-denominated government and policy bank securities to the Bloomberg Barclays Global Aggregate Index. The addition of the securities will be phased in over a 20-month period starting in April 2019 and subject to planned operational enhancements being implemented by the People’s Bank of China (PBoC) and Ministry of Finance. When...
Eze Software Extends Collaboration with NEX to MiFID II Trade Reporting
Eze Software has extended its Markets in Financial Instruments Directive II (MiFID II) reporting capability through collaboration with NEX Regulatory Reporting, an Approved Publication Arrangement (APA) under the regulation that meets client needs to publish pre- and post-trade data and reports as soon as possible after trade execution. The collaboration bolsters Eze Software’s MiFID II...
Liquidnet Offers High-Touch Solution for Best Execution Analysis
Liquidnet has introduced Best Ex Replay, an addition to its Virtual High Touch suite that is powered by data and analytics from OTAS Technologies. The solution allows traders to recall precise market conditions to explain the context of execution decisions, investigate orders that experienced exceptional market conditions, and achieve regulatory reporting compliance. Natasha Shamis, global...
NetXpress Deploys Metamako Switches for Low-Latency Native Market Access
NetXpress, a provider of market connectivity and managed services, is rolling out Metamako ultra-low latency Layer 1 and FPGA-enabled switches to deliver native market access to trading clients including banks, hedge funds and proprietary trading shops. The company will also use the Metamako technology to support additional functionality that results in time and cost savings,...
Data Management Summit Innovation Showcase Presents The Investment Data Utility
Join us tomorrow at our London Data Management Summit to find out how to make data an opportunity rather than a risk, what still needs to be done to ensure Markets in Financial Instruments Directive II (MiFID II) compliance, how to make the most of alternative data and next generation analytics, the latest technologies adding...
MiFID II vs GDPR: The Delicate Balance Between KYC and Data Privacy
By: Fenergo regulatory consultants Ciara Kennedy and Aoife Harney Already this year, financial institutions have tackled one significant regulatory hurdle in the form of Markets in Financial Instruments Directive II (MiFID II). In May 2018 they face General Data Protection Regulation (GDPR) that threatens to present banks around the world with conflicting and challenging data...