A-Team Insight Author: sharon
Covid-19: The Importance of a Centralised Book of Records for Accurate Stress-Testing
By Joseph Cordahi, Product Strategy Director at NeoXam. Stress-testing has become a common tool of regulators and central banks to assess the readiness of banks to deal with sudden volatility in global markets. With Wall Street suffering its worst day since the 1980’s in March, and Covid-driven volatility set to grip the global economy for...
Trade Body Calls for Stronger FinTech Regulatory Framework
While the UK has set the global standard for an effective and supportive approach to FinTech regulation, as the sector matures, change is needed to help launch more firms successfully into the global market, according to a new report from financial services trade association TheCityUK. Regulatory hurdles remain a barrier and difficult to understand within...
ESMA Approves DTCC as SFTR Trade Repository
DTCC’s Global Trade Repository (GTR) service is now approved for SFT reporting after an announcement last week by ESMA extended registration approval to four new trade repositories including the DTCC Derivatives Repository, along with the LSE’s UnaVista TRADEcho, Krajowy Depozyt Papierów Warto?ciowych, and REGIS-TR. The SFT will be offered out of DTCC’s European trade repository,...
IHS Markit Swallows Catena Technologies
Global information and analytics giant IHS Markit has acquired Singapore-based Catena Technologies, a regulatory trade reporting provider, in a bid to boost its regulatory compliance offering worldwide. Founded in 2002 as a FinTech consultancy and transformed to become a software-as-a-service (SaaS) provider of trade reporting solutions in 2014. Its flagship TRACE Reporting platform automates and...
ASC Technologies Launches Compliance Recording Function for Microsoft Teams
Germany’s ASC Technologies, a global solutions provider for multi-channel recording and analytics, this week launched a new compliance recording solution for Microsoft Teams, as software providers scramble to adapt and appeal to the world’s new way of remote working. ASC Recording Insights is a native app that records and archives the entire compliance-relevant internal and...
SteelEye Launches Free Communications Surveillance
SteelEye, the compliance technology and data analytics firm, this week confirmed that it would offer financial firms the opportunity to use its Communications Surveillance service for free as the market adapts to a new style of working under pandemic conditions. As firms reopen their offices, reduced density rules are likely to prevail for some time, meaning...
TNS Launches New York Upgrade for Ultra-low Latency Offering
US data communications provider TNS (Transaction Network Services) has upgraded its network in three New York Area data centres with the TNSXpress Layer 1 solution to speed up delivery of market data from NYSE, CBOE, and Nasdaq. The TNSXpress Layer 1, a single hop architecture that is up to 10 times faster than traditional Layer 3...
Can the FX Industry Achieve ‘Business as Usual’ at these Most Unusual of Times
By Vikas Srivastava, Chief Revenue Officer at Integral. As novel COVID-19 has swept the globe, financial institutions can still remain focussed on trying to operate ‘business as usual’ and serve their clients. But this continuity can be achieved largely in part with access to the right technology. We are facing the biggest black swan event...
Arria NLG Collaborates with BNY Mellon on Natural Language Technology
Arria NLG, a New York-based provider of Natural Language Generation (NLG) technology, has entered into a collaboration with BNY Mellon to help asset managers and asset owners transform their data into actionable analytics. Arria’s NLG capability, a form of artificial intelligence, is based on advanced computational linguistics and algorithms, which can automatically and instantly turn...
NatWest Markets Chooses Dataiku’s Data Science and Machine Learning Platform
Dataiku, an enterprise AI and machine learning platform headquartered in New York, has entered into a partnership with NatWest Markets, the investment banking arm of The Royal Bank of Scotland Group. Under the agreement, Dataiku will provide NatWest Markets with self-service analytics and automated machine learning. NatWest Markets has already developed digital self-service applications covering...