About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Trading Communications Become A ‘Mammoth’ Challenge

Subscribe to our newsletter

The volume of securities trading communications that requires recording and the amount of time that regulators mandate that information be retained have become a “mammoth” challenge for financial services firms, according to speakers in a webinar hosted by Intelligent Trading Technology on April 25.

MiFID II goes far beyond the UK Financial Conduct Authority’s rules for recording voice communications about securities trading, covering “anything potentially related to a transaction — advisory discussions, post-transaction or cancellation of trades,” says Paul Liesching, global head of financial markets at Truphone, an electronic communication provider whose products include mobile device recording. “The scope of the subject matter has massively increased.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

CFTC File Format Change to Impact Futures Data Management Teams

For futures commission merchants, clearing members, proprietary trading firms, and banks with material futures and options exposure, the transition of CFTC Part 17 Large Trader Reporting to FIX Markup Language (FIXML) is a test of data management maturity. This change directly affects firms responsible for aggregating, validating, and submitting large trader position data, often across...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...