A-Team Insight Author: sharon
Knowledge Graph Technology – The Holy Grail of Data Management?
Data siloes are proliferating, data lakes are overflowing, regulators are asking for access to more granular data, and data management teams are looking at how to deal with enormous data volumes in capital markets, understand both structured and unstructured data, make data accessible and contextual for business users, and turn it into a strategic asset....
GDPR One Year On
By Nick Murphy, Associate Director, GDPR Integrated Technology and Solution, 3 Lines of Defence Consulting. A lot was written about GDPR in the press and a lot was discussed prior to go-live last year, including at the A-Team Group RegTech Insight conferences. Now just into its second year, we ask: how successful is the regulation...
RavenPack Deploys AI to Detect Relationships Between Securities and Market-moving Events
RavenPack has built on its commitment to make Artificial Intelligence (AI) practical for quantitative and fundamental investors looking for alpha with the release of RavenPack Connections, a service that automates finding relationships between securities and market-moving events. The service provides real-time research to expose business relationships and interconnections among thousands of entities including companies, organisations,...
Data Management – Why is it all so Difficult and Costly?
The financial industry spends $28.5 billion on externally sourced market data and a further $2-3 billion cleaning it up so that is can be used internally. Why is this so difficult and costly, and what can the industry and market participants do about it? Peter Moss, CEO of the SmartStream Reference Data Utility (RDU), will...
Refinitiv Promotes Phil Wellard to Chief Information Officer
Refinitiv has promoted Phil Wellard from chief technology officer (CTO) to the broader role of chief information officer (CIO). In his new role, Wellard leads Refinitiv’s enterprise technology and cyber security organisation, which comprises a team of about 5,000 staff and strategic partners, and develops, operates and secures all Refinitiv products, infrastructure and technology. He...
Sell-Side Coverage of European Companies Plummets Post-MiFID II, Finds Cass
A new paper from Cass Business School has found that sell-side analyst coverage of European companies has dropped “significantly” since the implementation of MiFID II in January 2018 – with a whopping 334 firms losing their analyst coverage completely. The paper, entitled ‘The Effects of MiFID II on Sell-Side Analysts, Buy-Side Analysts, and Firms’, examined...
German Government Asks EU to Relax MiFID II
According to an official statement, the German government has asked the EU to ease MiFID II rules following a February 2019 consultation with investment firms and market participants that found “a great deal of discontent” – including around breadth of the provisions, the cost of implementation, the tight timeframe and inadequate coordination with other regulations....
Global RegTech Industry Tops $5bn, But More Collaboration is Needed
The global RegTech industry generated an estimated $5 billion in revenue last year, as regulatory changes and technological advancements drove a surge of new startups in the past five years – according to a new Global RegTech Industry Benchmarking Report released this week by the Cambridge Centre for Alternative Finance (CCAF). Sponsored by EY Japan...
Credit Suisse Securities Migrates from Outsourced Post-trade Solution to Torstone’s Inferno
Credit Suisse Securities (Canada) has selected Torstone Technology’s Inferno post-trade processing platform to replace its existing third-party outsourced solution and service. The project to migrate to Inferno is underway and focused on the firm’s institutional equities business. A key driver for the change was to move away from an outsourced operation and increase efficiency across...
Fenergo Appoints Louise O’Connell to New Role of Chief Customer Officer
Fenergo, a provider of digital client lifecycle management solutions (CLM) for financial institutions, continues to build its team with the appointment of Louise O’Connell to the newly created role of chief customer officer. The role is aligned with Fenergo’s strategic goal to become even more client centric and was created to drive a coordinated, client-centric...