CQ Roll Call Takes Access to Unstructured Information to a New Level with MarkLogic
Following the bills that matter to you or simply gathering more information on the new US Congress that convened in Washington, DC earlier this year can now be accomplished more quickly and accurately than ever before. MarkLogic Corporation, the company revolutionising the way organisations leverage unstructured information, today announced that MarkLogic is powering a new...
DTCC Launches Portal Providing Regulators Globally Direct, Online Access to CDS Data
The Depository Trust & Clearing Corporation (DTCC) announced today, that it has launched an automated portal to provide regulators worldwide with direct, online access to global credit default swap (CDS) data registered in DTCC’s Warehouse Trust Company LLC (Warehouse Trust) global repository. Currently 19 regulators around the world are already live on the portal. This...
SEC Proposes First in Series of Rule Amendments to Remove References to Credit Ratings
The Securities and Exchange Commission today voted unanimously to propose amendments to its rules that would remove credit ratings as one of the conditions for companies seeking to use short-form registration when registering securities for public sale. Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires federal agencies to review how...
Liquidity Monitoring and UCITS Limits with MIG21
Princeton Financial Systems’ (PFS) MIG21 facilitates the implementation of two major UCITS IV requirements, as specified in Commission Directive 2010/43/EU of 1 July 2010, Chapter VI. The first requirement is the development of a liquidity management process in order to monitor liquidity risks. The second requirement is the establishment of a limit system to monitor...
ISDA Releases FpML Survey
The International Swaps and Derivatives Association, Inc. (ISDA) today released the results of its Financial products Markup Language (FpML) survey. The survey was designed to gauge the current use of FpML and planned applications going forward. FpML is the freely licensed business information exchange standard for electronic dealing and processing of privately negotiated derivatives and...
Bloomberg Launches Real-Time Compliance with Bloomberg Vault
Bloomberg today announced a new real-time search and analytics console for Bloomberg Vault, the first compliance solution to integrate real-time monitoring, search analytics, and archiving of Bloomberg messaging and corporate email. Bloomberg Vault capitalises on Bloomberg’s long track record in messaging and compliance to help financial firms and corporations meet increasing compliance, regulatory and eDiscovery...
DTCC and MarkitSERV Collaborate with AcadiaSoft to Automate Collateral Messaging and Reduce Risk in OTC Derivative Markets
The Depository Trust & Clearing Corporation (DTCC), MarkitSERV and AcadiaSoft today announced that they are working to deliver a joint solution for improving communication related to setting and maintaining the collateral required between counterparties to over-the-counter (OTC) derivative transactions. The solution is the first step taken by the three companies to develop a multi-functional collateral...
ESMA Sends Letters to CFTC and SEC Asking for Greater Cooperation Across the Pond on Swaps Data
In light of the recent discussions going on in the US between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) around the introduction of new data repositories and reporting requirements for the swaps market, the European Securities and Markets Authority has sent a letter to both regulators stressing the need...
InfoReach Proposes Universal “Ticker” Symbols to Test Trade and Routing Connectivity without Risk
Global electronic trading technology provider InfoReach is pioneering an initiative to reduce common problems and costs that arise during the process of enabling connectivity between trading counterparties. Through the collaborative use of a single set of “fake” symbols, market participants can verify live routing and trading capabilities and test new algorithms without the need to...
ESMA Issues Call For Evidence About Credit Ratings Agency Registration Requirements, Technical Standards Incoming
Following on from its predecessor’s work last year, the European Securities and Markets Authority (ESMA) is reaching out to credit ratings agencies and the users of ratings to provide feedback on its proposals for endorsement guidelines, which will form the basis for technical standards that will need to be adopted by 7 June this year....