A-Team Insight Author: A-Team
Unpacking the FCA Wholesale Data Market Study: Insights from Industry Insiders
Market participants were left scratching their heads in response to the UK Financial Conduct Authority’s (FCA) decision not to act to address the high cost of data following the February 29 release of its Wholesale Data Market Study. The study was the end result of a process launched in March last year amid concerns that...
European Firms Ready for Next Week’s UPI Regulatory Reporting Deadline
The Derivatives Service Bureau (DSB) has released data on industry readiness for European Unique Product Identifier (UPI) regulatory reporting requirements that are part of EU EMIR Refit regulations. The EU will implement UPI reporting from 29 April 2024, the second G20 jurisdiction to do so following the US that went live from 29 January 2024,...
Nord vLEI Becomes First European GLEIF Qualified vLEI Issuer
Nord vLEI has become the first European-based verifiable LEI (vLEI) issuer qualified by the Global Legal Entity Identifier Foundation (GLEIF). Nord vLEI is a subsidiary of NordLEI, the leading LEI issuer in Scandinavia and eighth largest globally, with more than 165,000 LEIs issued since 2014. The vLEI is a digitised organisational identity that meets global...
Top 20 e-Comms Surveillance Providers 2024
Earlier this month, the Securities and Exchange Commission announced charges against a registered investment adviser for widespread and longstanding failures to maintain and preserve certain electronic communications; the matter was settled for $6.5 million. This case is notable because it is the first time the SEC has brought charges against an RIA with no ties...
SteelEye Survey Finds Compliance Investment Falling while Regulatory Demands Continue to Rise
Compliance teams are facing escalating pressures driven by greater regulatory scrutiny and macroeconomic challenges, according to the 2024 Annual Compliance Health Check Report from SteelEye’. This is the third Annual Compliance Health Check report which surveyed over 400 senior compliance decision makers at financial institutions across major financial centres in the US, UK, APAC, and...
New FIA EPTA Study Reveals Unreported Liquidity in EU and UK Equity Markets
A recent study by the FIA European Principal Traders Association (FIA EPTA), ‘Mind the Transparency Gap,’ has highlighted a significant underreporting of equity trading volumes in both the EU and UK markets, which has led to misconceptions about the actual market liquidity available in these regions. According to the report, a large volume of equity...
Why Automation is Going to Dominate in the Race to T+1
By Vikas Srivastava, Chief Revenue Officer, Integral. Tick-tock tick-tock, the clock is ticking down to one of the most pivotal moments in financial markets this decade. This coming May will mark the transition to T+1 settlement for equities and bonds transactions in North America. To add to the complexities, CLS confirmed last week it will...
QuantHouse Enhances Data Offering with BMLL Historical Order Book Data
QuantHouse, the API Data and Trading Solutions business of Iress, has entered into a new global partnership with BMLL, the independent provider of harmonised Level 3, 2 and 1 historical data and analytics for the equity and futures markets. This collaboration aims to merge QuantHouse’s real-time data services with BMLL’s comprehensive historical order book data,...
Emissions Data Disclosures Jump, MSCI Report Says
More companies are reporting their greenhouse gas data – including Scope 3 emissions – to investors and regulators, according to a report that suggests yawning gaps in corporate ESG records may be closing. Scope 3 data, which tracks the emissions of businesses within corporate supply and distribution chains, is now reported fully or in part...
Colmore Integrates Dasseti Sustainability Tech into PE Data Portal
Post-investment services firm Colmore is the latest company to engage sustainability software provider Dasseti in private markets data processes. The unit of British alternative assets business Preqin coordinates data gathering and other services for limited partners (LPs) and allocators – which largely comprise financial institutional investors. It has integrated Dasseti Collect into its suite of...