RegTech Insight Blogs The latest content from across the platform
ESMA Issues Latest Double Volume Cap Data for MiFID II
The European Securities and Markets Authority (ESMA) has updated its public register with the latest set of double volume cap (DVC) data under the Markets in Financial Instruments Directive (MiFID II). The December updates include DVC data and calculations for the period of November 1, 2017 to October 31, 2018 as well as updates to…
US Regulators Urge Innovation to Combat Financial Crime
A group of US regulators have banded together to support the use of technology and innovation by financial institutions to meet their Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance obligations, effectively fighting financial crime and strengthening the financial system against illicit activity. The Board of Governors of the Federal Reserve System, the Federal…
MUFG Europe Selects Wolters Kluwer for Regulatory Reporting
MUFG Europe, the European subsidiary of Japan’s Mitsubishi UFJ Group, has selected Wolters Kluwer’s OneSumX software to manage a number of regulatory and risk reporting obligations, including AnaCredit and Interest Rate Risk in The Banking Book (IRRBB), for its Dutch and German business lines. The bank is an existing user of OneSumX, which uses a…
A-Team Group Names Winners of 2018 Data Management Awards
A-Team Group has announced the winners of its 2018 Data Management Awards. The annual awards, now in their sixth year, are designed to recognise leading providers of data management solutions, services and consultancy to capital markets participants. See the full list of winners below. The awards were hosted by Sarah Underwood, Editor of A-Team’s Data…
ACTUS Foundation Releases Open-Source Standard for Financial Markets Contracts
The ACTUS Financial Research Foundation is releasing open-source Algorithmic Contract Types Unified Standards (ACTUS) version 1.0, which will be available on GitHub. ACTUS creates a standard for the mathematical representation of the payment obligations embodied in financial contracts, and seeks to provide the financial industry with a unified, machine-readable depiction of financial contracts for transaction-processing,…
Integral Secures $15 Million Funding from Morgan Stanley
FX trading technology specialist Integral has received $15 million of strategic funding from Morgan Stanley Expansion Capital. The funds will be used to extend the reach of its FX technology platform to a wider audience of banks, brokers and asset managers. Integral provides a cloud-based workflow management and trading platform that enables FX market participants…
Kaizen Extends ReportShield Service to MiFIR Trade Reporting
Quality assurance provider Kaizen Reporting has branched out to include Markets in Financial Instruments Regulation (MiFIR) reporting in its flagship ReportShield service, which will be led by new hire Chris Machin, the brains behind the London Stock Exchange’s (LSE’s) MiFID II transparency service, TRADEcho. Kaizen managing director Ian Rennie notes: “With both buy-side and sell-side…
Fighting Financial Crime: A Path for Progress
The recent A-Team Group RegTech Summit in New York on November 15, 2018 featured a wide range of challenging and sometimes controversial discussions, but none were more pertinent in today’s environment than the in-depth and insight panel discussing the best methods of fighting financial crime and improving technology techniques for anti-money laundering (AML) and Know…
Arachnys Adds Cloud-Native Version of Customer Risk Intelligence Platform
Arachnys, a provider of customer risk intelligence solutions for client onboarding, Know Your Customer (KYC), customer due diligence (CDD), enhanced due diligence (EDD), and Anti-Money Laundering (AML), has introduced a cloud-native version of its platform. The capabilities of the platform address changing market dynamics that are leading financial institutions to focus on five initiatives: real-time…
Main Capital Buys Stake in German RegTech Start-up cleversoft
Main Capital Partners, an investment manager focused solely on the software industry in Benelux, Germany and Scandinavia, has acquired a stake in Munich-based regtech software-as-a-service specialist cleversoft for an undisclosed sum. Founded in 2004, cleversoft provides cloud-based regulatory reporting services for regulatory regimes including PRIIPs, MiFID II, PIB, FIDLEG and AML, underpinned by lifecycle management…