BISYS Alternative Investment Services (BISYS) has entered into an agreement for the independent pricing of complex over-the-counter (OTC) derivatives with Markit Group. The integration of Markit Portfolio Valuations and the BISYS platform enhances the existing relationship between the two companies, which was established in 2004 to strengthen BISYS’ capabilities in the area of credit pricing.
While implementation of Fundamental Review of the Trading Book (FRTB) regulation has been delayed twice for reasons first of complexity and second of the coronavirus pandemic, the final deadline of January 1, 2023 is less than a year away. For banks in scope of the regulation, the time to put necessary risk infrastructure and data...
The Derivatives Service Bureau (DSB) has opened its annual consultation on OTC ISIN and CFI service provision for 2023. The consultation paper is published on the DSB website with responses open until 5 pm UTC, Monday 30 May 2022. A final report will be published on Thursday 30 June 2022. The consultation focuses on topics...
The highly successful RegTech Summit Virtual was held in November 2020 and explored how business and operating models are adapting post COVID and how RegTech can provide agile and enhanced compliance for managing an evolving risk and compliance landscape. The event featured daily live keynotes, panel discussions, presentations, fireside chats and Q&A sessions with content available on demand over five days.
Data lineage has become a critical concern for data managers in capital markets as it is key to both regulatory compliance and business opportunity. The regulatory requirement for data lineage kicked in with BCBS 239 in 2016 and has since been extended to many other regulations that oblige firms to provide transparency and a data...