RegTech Insight Blogs The latest content from across the platform
Industry Players React to FCA Concerns Around MiFID II and PRIIPs Disclosure Requirements
The Financial Conduct Authority (FCA) last week published key findings from a supervisory project to assess the effectiveness of disclosure by asset managers and intermediaries on the back of MiFID II and PRIIPs reforms – warning against non-compliance for asset managers failing to disclose all associated costs and charges. However, the findings have provoked strong…
FCA Chief Predicts Cost Savings of up to £1bn from MiFID II Research Unbundling
In his keynote speech on MiFID II at the European Independent Research Providers Association on February 25, UK Financial Conduct Authority (FCA) CEO Andrew Bailey praised the impact of the MiFID II research reforms, but stressed that independent research providers could not force asset managers to acquire their services, and warned that the FCA does…
Refinitiv Partners with Liquid Inc for KYC in Japan
Refinitiv has announced a new partnership with Japan’s Liquid, Inc. to streamline the electronic Know Your Customer (eKYC) process for the Japanese market. The agreement will combine the screening capabilities of Refinitiv’s World-Check One solution with Liquid Inc’s biometric authentication service, LIQUID eKYC, to help financial services providers improve their customer on-boarding and transaction capabilities. Liquid, Inc. will incorporate the risk screening…
TradingTech Summit Discusses Brexit, Market Complexity, Innovation, and More!
A-Team Group’s first TradingTech Summit under the TradingTech Insight brand got off to a great start with Beate Born, executive director of risk and regulatory management at UBS Wealth Management, providing an inspirational industry keynote on the outlook for risk, regulation and sustainability in 2019. The presentation not only set the scene for the summit,…
SmartStream Partners with Numerix on ISDA Collateral Management
Financial software provider SmartStream, has confirmed a new referral agreement between its Transaction Lifecycle Management (TLM) platform and US-based risk technology specialist Numerix. The partnership will support TLM users in complying with the International Swaps and Derivatives Association (ISDA)’s margin requirements for non-centrally cleared derivatives. TLM Collateral Management offers an automated data management solution designed to…
Governor Extends Compliance Capabilities with Two New Partnerships
Governor Software, a provider of risk and oversight solutions for financial executives, has had a busy week this week: with the expansion of its live version of the FCA Handbook to include real-time regulatory news from intelligence firm Corlytics, and a new partnership with risk solutions provider Castlehill to offer enhanced integration of legacy governance,…
RegTech Insight Awards 2019 – Shortlist Announced!
The nominations for the 2019 RegTech Insight Awards are now closed, and we are delighted to announce this year’s shortlist. Well done to everybody that entered, and sincere thanks to our advisory board for taking such painstaking care in evaluating the record number of entries we received this year. Now in their third year, The…
MiFID II: The True Cost of Research Unbundling – Part Two
Last week we explored the impact of MiFID II research unbundling on the sell side, as providers struggle to carve out their own space in a new and unfamiliar environment. This week, we take a look at the situation from the other side of the coin – how are purchasers handling the change, and how…
FCA Highlights Key Concerns over MAR Compliance
Effective compliance with the Market Abuse Regime (MAR) is “a state of mind” that requires a series of complex situational judgements – and time pressures could cause potential problems, warned Julia Hoggett, Director of Market Oversight at the UK’s Financial Conduct Authority (FCA). This raises a number of key concerns around compliance which demand urgent…
Shield FC Announces Cloud-Enablement of Compliance Platform
Specialist RegTech provider Shield Financial Compliance has launched the cloud-enablement of its compliance platform, which offers regulation compliance monitoring across a range of eComms channels covering the data lifecycle from capture and record keeping to analysis and investigation, utilising AI, NLP and Visualization capabilities. The new cloud deployment platform is designed to offer financial institutions…