RegTech Insight Blogs The latest content from across the platform
Collibra Looks to the Future with New Privacy & Risk Product
US-based data intelligence specialist Collibra in July built out its data platform with the launch of Collibra Privacy & Risk, a new enterprise-grade product designed to help organizations manage personal data assets and future-proof against further regulatory developments in today’s changing climate. The new product expands the firm’s regulatory coverage, with modules covering the California…
Digging Deeper: FactSet KYC
Earlier this month, financial and software data specialist FactSet expanded its compliance capabilities with FactSet KYC, a cloud-based application aiming to assist clients to streamline their KYC and AML due diligence responsibilities. Combining robotic process automation with deep-dive data analytics, the launch marks a bid by the firm to break into a new customer segment…
Why US Research Houses Need Less Talk and More Action in Response to SEC Letter
By Daniel Carpenter, Head of Regulation at Meritsoft (a Cognizant company). Over a year has passed since the introduction of MiFID II, and the situation for research brokers has changed beyond all recognition – and not just for those operating in Europe. The massive increase in the cost of research, partially driven by the substantial…
SFTR: On Track or in Trouble?
The Securities Financing Transactions Regulation (SFTR) is coming into force on April 11, 2020 – a mere eight months away. Investment firms and credit institutions the first in the line of fire for reporting obligations, while buy-side firms have until October 2020 to comply. But for everyone, the clock is ticking. In order to meet…
The FCA’s Warning on Operational Resilience
By Paul Roberts, CEO, Milestone Group. The FCA annual report is out and it’s not just Brexit under the microscope. As expected, operational resilience continues to be an area of concern, building on the issues raised in their business plan of 2019/2020 in April. It’s clearly an area they feel deserves more attention. And it’s…
Refinitiv Integrates UBO and Vessel Data onto Risk Intelligence Platform
Refinitiv has integrated ultimate beneficial ownership data (UBO) from Dun & Bradstreet and vessel data from IHS Markit Maritime and Trade onto World-Check One, its flagship risk intelligence solution. The move demonstrates the firm’s ongoing investment into KYC solutions following the recent shake-up of its KYC strategy, which saw Refinitiv withdraw its KYC-as-a-Service offering in…
A Strategic Approach to FRTB Compliance and Broader Risk Data Management
Data management for compliance with Fundamental Review of the Trading Book (FRTB) regulation has been acknowledged as a significant challenge, but it is not without hope as banks within scope consider how much data they have in-house and what must be sourced externally, build data management platforms to meet FRTB requirements for data consistency across…
Research Unbundling for US Asset Managers: ‘One Size Fits Nobody’
RegTech Insight sits down with Joel Burnette, Solutions Consultant at Red Deer, to discuss the response to the research unbundling requirements of MiFID II… and explore how the US markets are handling the new normal. RTI: What has been the most interesting thing about the North American research market’s response to MiFID II? Joel: We…
AQMetrics Launches Self-Service MiFID II Reporting Solution
Dublin-based AQMetrics, a regulatory risk and compliance specialist, this week launched its first fully self-service Software-as-a-Service (SaaS) solution for MiFID II transaction reporting. An extension of the firm’s Approved Reporting Mechanism (ARM) solution, the platform allows firms to sign-up online for transaction reporting, self-manage data from multiple sources, avail of smart-validations with real-time error handling,…
Why Boris’ Stamp Duty Axe is Irrelevant with an EU FTT Just Around the Corner
By Daniel Carpenter, Head of Regulation at Meritsoft (a Cognizant company). The race to become Conservative Party leader, and thus Prime Minister, enters into its final stretch, policy ideas are inevitably being thrown around like confetti. As a classic case in point, Boris Johnson has recently pledged to scrap the UK’s Stamp Duty tax, which…