Broadridge Canada and Calculated Design Alliance to Offer Smart Fund Facts Solution
Broadridge Financial Solutions today announced a strategic alliance with Calculated Design – leaders in the automated creation of financial documents, whereby Broadridge will offer the creation of regulatory Fund Facts documents as the newest addition to Broadridge Canada’s Smart Suite of products. This strategic alliance will allow Broadridge to leverage Calculated Design’s expertise in the...
Princeton Financial Systems Offers Clients Unparalleled Speed of Integration with New MIG21 7.0
Princeton Financial Systems (PFS), the market leader in investment compliance today announced the launch of MIG21 7.0, the latest version of PFS’ award winning investment compliance solution. MIG21 7.0 will reach an unparalleled speed of integration without compromising quality. New technology and substantial functional refinements enable MIG21 7.0 to deliver superior configuration management and will...
SEC Upgrades Interactive Data Rendering Engine
The US Securities and Exchange Commission (SEC) has this week completed an upgrade of its interactive data rendering engine, the software in the Edgar system which turns interactive data files into a human readable document. The XBRL-based reporting and disclosure system now features more accurate rendering of key data items such as currency symbols and...
Draft Agreement for EU-US Data Sharing on the Table with Plans for European-based Data Processing Centre
Following several months of debate, a draft agreement is finally on the table about data sharing arrangements between the US and Europe with regards to tracking terrorist financing. The potential compromise, which is to be voted on this week, could mean the eventual elimination of bulk transfers of data across the Swift network and the...
Attachmate Tackles Insider Fraud with Luminet
Attachmate Corporation today announced the availability of Attachmate Luminet, an enterprise fraud management solution that takes the guesswork out of application monitoring. Luminet reveals user activity within enterprise applications and transforms the data into actionable intelligence, allowing organisations to protect the privacy of mission-critical data, reduce internal fraud and enable regulatory compliance. Insider fraud and...
DST Global Solutions Launches OTC Lifecycle Manager to Enhance Control of OTC Derivatives
In response to new market conditions and the changing regulatory landscape, challenges of operational risk and proliferation of OTC contracts faced by its clients, DST Global Solutions Investment Management Solutions (IMS) business has announced the launch of OTC Lifecycle Manager. The solution is focussed on facilitating the critical transition from deal negotiation to contract capture...
SunGard Enhances IntelliMatch Solution Suite
SunGard has enhanced its IntelliMatch solution suite to help tier one financial institutions streamline their enterprise-wide processes for reconciliation, exception management, financial governance and archiving. The enhancements include new intelligent workspaces, a new financial governance component and performance improvements. This latest release will help financial institutions increase operational efficiency, reduce risk and improve scalability and...
BNP Paribas Securities Services Offers Asset Managers Ucits IV KID–compliant Reporting Packs
BNP Paribas Securities Services (BP2S) will now offer Ucits IV KID-compliant reporting packs, as part of its ongoing commitment to assist asset managers in tackling the complex regulatory landscape. Under Ucits IV, an asset management company must produce a two-page ‘key investor information document (KID)’ in a non-technical style. It must be comprehensible and allow...
EDGAR Online and UBmatrix to Merge, Creating Global XBRL Leader
EDGAR Online and UBmatrix today announced the signing of a definitive merger agreement that would create the first global end-to-end provider of solutions for the creation, validation and analysis of XBRL (eXtensible Business Reporting Language) content. UBmatrix is one of the original inventors of the XBRL financial standard, which is being mandated worldwide by many...
EBF Highlights Concerns About CCPs and Systemic Risk in its Feedback to Commission’s Market Infrastructure Reforms
There has been a lot of discussion about the pros and cons of mandating clearing for OTC derivatives and the comments received so far by the European Commission on the subject have tended to focus on a proportional, rather than broad brush, approach to the reforms. The European Banking Federation’s (EBF) response, for example, has been...