RegTech Insight Blogs The latest content from across the platform
Brexit and the UK Data Protection Bill: How does it impact you?
By Dennis Slattery, CEO at EDMworks On September 13, the UK government introduced in Parliament the Data Protection Bill. Its purpose is to implement a comprehensive data privacy framework for the UK in the post-Brexit environment. The scope of the bill covers: Implementing the General Data Protection Regulation (GDPR) into UK law Implementing the EU…
A RegTech Answer to Know Your Customer Compliance
Know your Customer (KYC), anti-money laundering (AML) and counter-terrorism financing (CTF) are hot topics in an increasingly hostile world, and were the subject of debate during a panel session at A-Team Group’s RegTech Summit for Capital Markets in London. Panel member Marisol Lopez, regional head of policy and standards at Thomson Reuters, shares her views…
SmartStream and RegTek.Solutions Combine to Offer Reconcile.Trade
SmartStream and RegTek.Solutions have combined products to deliver Reconcile.Trade, a service providing turnkey reconciliation solutions for global regulatory reporting. RegTek brings trade and transaction reporting software to the service, and SmartStream its reconciliations platform. Reconcile.Trade is designed to meet regulatory demand for proactive oversight of trade and transaction reporting, and supports Markets in Financial Instruments…
SmartStream RDU Fills MiFID II Gap with Systematic Internaliser Register
The SmartStream Reference Data Utility (RDU) is finalising a service – the Systematic Internaliser Register – that will allow systematic internalisers (SIs) within the scope of Markets in Financial Instruments Directive II (MiFID II) to publish financial instruments for which they will offer SI services and firms to identify whether counterparties are SIs and therefore…
QuantHouse Partners NPL to Meet MiFID II Demands for Precise Trade Timing
QuantHouse has partnered with the National Physical Laboratory (NPL), the UK’s national measurement institute, to offer its clients the NPLTime traceable timestamping service. The service will enable users to evidence the exact moment a trade was executed to within 1 microsecond. This plays well into Markets in Financial Instruments Directive II (MiFID II), which requires…
Encompass Offers RegTech Solution for KYC
Encompass will showcase its innovative Know Your Customer (KYC) solution at this week’s A-Team Group RegTech Summit for Capital Markets in London. The solution automates KYC processes, provides simultaneous, real-time access to multiple sources of global company and person data, and uses robotic search to fulfil firms’ KYC requirements. Ahead of the event, we talked…
ANNA DSB Hits Deadline to Issue ISINs for OTC Derivatives
The Association of National Numbering Agencies’ Derivatives Service Bureau (ANNA DSB) has met its deadline to issue ISINs for OTC derivatives as required under Markets in Financial Instruments Directive II (MiFID II). The service went live today, October 2, 2017, with early users being onboarded, ISINs being created for OTC derivatives, and a global OTC…
RegTek Solutions Innovates with Microservices for Regulatory Compliance
With just a few days to go before the A-Team Group RegTech Summit for Capital Markets in London, we caught up with David Morris, product manager at RegTek Solutions, one of the RegTechs that will showcase their innovative technologies at the event. We talked to David about issues such as regulations needing smarter solutions, the…
Thomson Reuters Builds Connected Risk Platform
Thomson Reuters is building a Connected Risk compliance platform to offer users not only ready-to-go risk and compliance functionality, but also the option to integrate third-party RegTech and legacy technologies into a complete enterprise risk management solution. The platform is a game changer in its inclusion of technology that can translate internal and external data…
Thomson Reuters Resolves the MiFID II No LEI, No Trade Problem
Thomson Reuters has responded to the ‘No LEI, No Trade’ problem posed by Markets in Financial Instruments Directive II (MiFID II) with an LEI Profiling Service that allows users to identify LEI gaps that need to be closed before the January 3, 2018 deadline and check the data quality within their reportable client universes. The…