A-Team Insight Author: sharon
WHSS-VendEx Tie-In Yields Superset of Market Data Management Capabilities
VendEx Solutions’ partnership with New York-based West Highland Support Services (WHSS) – announced this month – will allow both companies to market the superset of their combined offerings in financial data management, with a particular emphasis on market data. VendEx is seeking to shake up the market data inventory management space with its SaaS-based offerings....
COVID-19: Regulator Round-up (28 April)
In these days of unprecedented economic pressure and accompanying financial volatility, regulators around the world are realigning their priorities and rapidly shifting their strategies to support institutions through the ongoing crisis. In this regular weekly feature, we keep you up to date on the latest regulatory news, responses and approaches – from deadline delays to...
UK’s Investment Association Selects ipushpull for New FinTech Accelerator
Ipushpull, an enterprise platform allowing secure live data sharing and workflow automation, has been chosen by The Investment Association (IA) to be part of its latest FinTech hub, ‘IA Engine’. The programme connects FinTech innovators with investment managers to develop focused tech solutions. “We are delighted to be part of the IA’s unique programme driving...
FATF Echoes SmartSearch in Call for Digital Onboarding
The Financial Action Task Force (FATF), a multinational body that sets a global approach to fighting money laundering and financial crime, has backed a call by UK-based anti-money laundering software specialist SmartSearch urging businesses to employ digital customer onboarding processes during the coronavirus lockdown. SmartSearch stresses that firms relying “outdated paper-based ID checks” should switch...
IBM and Fenergo Join Forces on Financial Crime
Client lifecycle management (CLM) specialist Fenergo has partnered with IBM for an original equipment manufacturing (OEM) agreement that will allow the two firms to collaborate on the development of new financial risk solutions for their clients that combine Fenergo’s CLM offering with IBM Watson’s anti-money laundering and KYC portfolio. As a result of the partnership,...
SEC Delays CAT Reporting Due to COVID-19 Concerns
The US Securities and Exchange Commission (SEC) has confirmed a delayed start for Consolidated Audit Trail (CAT) reporting, upon condition of compliance with certain other obligations, including milestones related to testing and releases of CAT functionality, as well as all other compliance dates for broker-dealer reporting to the CAT. Although the original reporting deadline for...
COVID-19 Sees CUSIP Requests Surge as Corporate Borrowers Seek Liquidity
Request volume for CUSIP’s corporate debt identifiers was up 6% last month, marking a spike of interest as corporate borrowers seek access to liquidity during the challenging climate of COVID-19. The CUSIP Issuance Trends Report for March 2020, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets...
Life After LIBOR – Keep Calm and Cover Your Contracts
The use of LIBOR is drawing to a close – but will you be a winner or a loser when it comes to dealing with the data management fallout from the transition? The move away from the world’s most widely-used interbank rate is raising all sorts of data challenges – and with considerable ambiguity remaining...
Aquis Adds Market Structure Analytics via Big Xyt
Pan-European equities market Aquis Exchange is adding market structure analytics based on big xyt’s Liquidity Cockpit data analysis platform. Aquis will make the analytics available for use internally and by clients to power independent analysis of liquidity and market share. According to Jonathan Clelland, COO, Aquis Exchange will use Liquidity Cockpit “to understand and develop...
Industry Associations Warn that COVID-19 Could Cause Problems for SRD II
The International Securities Lending Association (ISLA) has joined forces with a multitude of other industry associations to urge a 12-month delay in the implementation of the regulation, laid out in an open letter to the European Commission. Currently scheduled to come into force on 3 September 2020, the regulation is an amendment to SRD I...