A-Team Insight Author: sharon
A-Team Group’s Data Management Summit is Back in London on 30 March 2023 – Don’t Miss It!
A-Team Group’s industry-leading Data Management Summit is back in London for its 13th year on 30 March 2023 at the America Square Conference Centre – and you are invited! The Summit will bring together leading data management practitioners, innovators and providers to discuss the latest trends, challenges, and opportunities in the sector. Topics will include...
Crypto Trade Surveillance: An Essential Tool for Regulatory Compliance
By Greg Tishelman, Director of Crypto Sales, OneMarketData. The growth of the crypto market has brought about new challenges for both regulators and financial institutions alike. Unlike traditional financial markets, most crypto exchanges are decentralized and operate 24/7, making it difficult to efficiently monitor trading activity and detect potential market abuse. The anonymous nature of...
ANNA Implementation of Revised ISO 6166 ISIN Standard Spotlights LEI, CFI and FISN
The Association of National Numbering Agencies (ANNA) has completed technical implementation of the revised ISO 6166 International Securities Identification Number (ISIN) with a view to bringing further clarity and transparency to the identification and reporting of financial instruments. Following implementation of the technical changes, National Numbering Agencies (NNAs) within ANNA must formally report Legal Entity...
Derivatives Service Bureau Sets Start Date of UPI Service on 29 January 2024
The Derivatives Service Bureau (DSB) has set a start date for the Unique Product Identifier (UPI) service following publication of a CFTC designation order confirming the UPI will be required in recordkeeping and swap data reporting in the US from 29 January 2024. The DSB initially planned to go live with the UPI service in...
FINOS Promotes Industry Standards with Release of Common Domain Model
The Fintech Open Source Foundation (FINOS) has released a long-awaited Common Domain Model (CDM) designed to drive transparent and inclusive industry standards. The model is a result of cross-industry collaboration between FINOS, the International Swaps and Derivatives Association (ISDA), International Capital Market Association (ICMA), and International Securities Lending Association (ISLA). The CDM is integrated into...
Data Poses Challenges for UK Pension Funds’ Climate Compliance
A year after pension funds in the UK were required to begin compiling sustainability reports on their portfolios, a survey has shown that data challenges are making the task difficult. A shortage of emissions data, inconsistencies in reporting and a reliance on estimates are making it almost impossible for funds that hold about £2.2 trillion...
Fitch Consideration of ESG Metric in Credit Ratings a ‘Logical Step’
Fitch Ratings’ announcement that it is considering the inclusion of climate transition risks in its credit scores has been welcomed as “a logical step” as the firm seeks to bring greater transparency to a maligned part of the ESG data and metrics space. The London- and Paris-headquartered ratings company published a “discussion paper” last week,...
Sikoia Secures $6 Million Funding to Accelerate Growth of Client Onboarding Platform
Sikoia, provider of a unified data platform for client onboarding and counterparty evaluation, has secured $6 million in seed funding, bringing total capital raised to over $8.3 million. The London-based company will use the funding to accelerate international expansion, extend the platform’s data coverage and workflow automation, and develop unique technology to help its clients...
Market Abuse Regulation and How Not to Fall Foul of the Rules
The messy collapse of once revered construction and professional services multinational Carillion in 2018 not only shook the City of London, but also offered powerful insight into authorities’ determination to stamp out market abuse. While the £845 million hole Carillion reported in its accounts was stunning, the Financial Conduct Authority’s (FCA) response was just as...
Trading Technologies Partners with Eurex to Offer EnLight RFQs via TT Platform
Trading software, infrastructure, and data solutions provider Trading Technologies International, Inc. (TT), has formed a commercial partnership with Eurex Frankfurt AG, the European derivatives exchange, which will allow TT’s global distribution network to access Eurex EnLight, a selective request-for-quote (RFQ) solution, directly from within the TT platform. The partnership will enable buy-side institutions, banks, and...