A-Team Insight Author: sharon
Using Data Lineage to Manage Regulatory Compliance and Financial Reporting
By Mark Hermeling, Chief Technology Officer at Asset Control. Within data management, data lineage is increasingly becoming an important capability. From pinpointing the origins of data to how it evolves over time allows a wide range of sectors to achieve a clear view of their data, track the data exactly, and use it to assist...
Vela Extends List of Systematic Internaliser Data Feeds with Addition of IMC Electronic Liquidity Providing SI
Vela has expanded its provision of access to systematic internalisers (SIs) through its SMDS software-based feed handler with the addition of the IMC Electronic Liquidity Providing (ELP) SI. IMC is a technology-driven market maker that develops innovative technology and algos to trade multiple asset classes on more than 100 trading venues worldwide. The ELP SI...
ComplyAdvantage Expands with New York and London Offices
ComplyAdvantage, a UK-based regtech firm that uses data science and machine learning to neutralize the risk of global financial crimes, has opened new offices in both London and New York to service the growing demand for modern compliance solutions. The firm has opened commercial offices in Covent Garden, London and in Bryant Park in New...
KRM22 Launches Digital Client Onboarding Application
Risk management technology provider KRM22 has partnered with Veridate Financial Limited to add a digital onboarding service to its Global Risk Platform, helping customers to more effectively comply with KYC and AML requirements. The new solution is targeted at discretionary wealth managers, financial services administrators and regulated platform operators, offering an integrated Software-as-a-Service (SaaS) solution...
Wematch.live Seeks to Disrupt Voice Traded Interest Rate Swaps
Wematch.live, a digital broker, reports growing interest in the Euro interest rate swaps (IRS) matching and negotiating platform it released in late July. The platform went live with an initial group of 10 banks, including JP Morgan, Société Générale, HSBC and Royal Bank of Canada, and has since increased usage and liquidity, with 39 banks...
SimCorp Completes AIM Software Acquisition, Details Data Management Strategy
At the beginning of August, SimCorp completed its acquisition of AIM Software. The integration of AIM’s data management capabilities is a strategic focus for SimCorp as it addresses an investment industry trend towards closer alignment of data management with other technology solutions. AIM’s data management solution, GAIN, will be renamed SimCorp Gain, and SimCorp says...
UK SupTech Firm FNA Wins $5.5m Series A Funding
London-based supervisory technology (‘SupTech’) start-up FNA has closed a $5.5 million Series A investment round led by IQ Capital, with participation from GETTYLAB. Founded in 2013, FNA offers deep technology analytics company via a platform that uses network analytics, AI and machine learning platform to help financial institutions to map and monitor complex financial systems,...
Axioma Partners OpenFin to Optimise User Experience, Workflows and App Deployment
Axioma, a provider of services including multi-asset enterprise risk management, portfolio construction, performance attribution, regulatory reporting and custom index design to portfolio managers, has partnered OpenFin to integrate its axiomaBlue technology layer with the OpenFin operating system for desktop interoperability. The result is designed to be a combined technology stack that provides front and back-end...
Uncleared Margin Rules Extension: Building a Roadmap for the Buy-side
By Vikas Srivastava, Chief Revenue Officer at Integral. On the surface, news that BCBS and IOSCO have granted an extension to the final phase of the Uncleared Margin Rules (UMR) is likely to be welcomed by asset managers currently trading uncleared derivatives with a notional between $8 billion and $50 billion. The extension pushes the...
Regulators Discuss SM&CR and IT Failure at UK Parliamentary Hearings
The UK’s parliament’s treasury committee recently held a series of hearings on IT failures in the financial sector. Over the course of the hearings, at which representatives of the Bank of England, the Financial Conduct Authority and the Prudential Regulatory Authority spoke, the regulators discussed work completed and work in progress around operational resilience in...