TradingTech Insight Blogs The latest content from across the platform
Full Circle: What We’ve Learned From A Crazy Year
2020 is finally (thankfully!) drawing to a close. It’s our last issue of the year, and what a year it has been. From lockdowns to loopholes, disaster recovery and doom-mongering to booming markets and business as usual, the past 12 months have been a rollercoaster ride for everyone, and the financial services have not escaped….
Thomson Reuters Report on ‘Fintech, RegTech and the Role of Compliance’ Finds Increased Use of Technology During Pandemic
The Thomson Reuters’ Fintech, RegTech and the Role of Compliance Report 2021, released this week, finds that the adoption and implementation of technology has taken a huge step forward during the pandemic, despite the continuing budget challenges that firms face. Sector growth is expected to accelerate in the coming months and years, predicts the report,…
DTCC Acquires Sapient’s Platform for Compliance Management Reporting
The Depository Trust & Clearing Corporation (DTCC), which provides market infrastructure for the global financial services industry, has acquired Publicis Sapient’s Compliance Management Reporting System (CMRS). DTCC plans to integrate the system with its own Report Hub service to create a comprehensive pre- and post trade reporting solution. Firms using the newly expanded DTCC Report…
BTP Partners with The Demex Group on Climate Risk
Enterprise blockchain company Blockchain Technology Partners (BTP) has partnered with climate risk insurtech The Demex Group to deliver climate-resilience through financial risk solutions on a global scale. Extreme weather events, natural disasters and the failure to mitigate and adapt to climate change were all included in the top five global risks by the World Economic…
GLEIF Calls Global Industries to Join Development of Cryptographically Verifiable LEI
The Global Legal Entity Identifier Foundation (GLEIF) has set out grand plans to create a digitised LEI service based on a digitally verifiable credential containing the LEI – the vLEI – and able to provide automated identity verification between counterparties. The ambition is for all industry sectors globally, including financial services, to embed new and…
To Buy or Build: Four Considerations for CIOs
By: Niall Twomey, CTO, Fenergo. Before embarking on a CLM (Client Lifecycle Management) digital transformation program, most financial institutions (FI) are faced with the ‘buy versus build’ conundrum; to buy something from a third-party vendor or completely build something internally. There are several factors that need to be considered in this decision making process including…
Data Science Skills Expected to Fall Short as Data Consumption Surges in 2021
Data and data management are back at the top of the agenda as financial institutions forecast rising consumption of data and escalating interest in extracting meaningful insights from the data through 2021 – but there is a problem, discrepancy between the desire to extract insight from data and investment in data scientists to do the…
How to use the LEI to Solve your Onboarding Problems and Cut Costs
Client onboarding and lifecycle management are an ongoing problem at many financial institutions, with inefficiencies often caused by layers of technologies and processes added to capture required data and avoid fines when new rules and regulations are introduced. A solution to the problem, which could save the global banking industry billions of dollars a year…
SteelEye Teams with txtsmarter for Messaging Data Capture
Financial compliance and analytics specialist SteelEye is adding txtsmarter’s messaging capture and archiving capability to its communications surveillance solution, giving clients access to native messaging data sourced from Android SMS/MMS, WhatsApp and – uniquely – Apple iMessage, in real time. The combined solution adds mobile phone messages to the range of electronic communications that users…
Beeks’ Colocation-as-a-Service Offers Agile Test Access to SGX
Beeks Group’s Colocation-as-a-Service (CaaS) collaboration with the Singapore Exchange (SGX), announced last week, offers market participants rapid access to high-speed connectivity without a major financial or contractual commitment. The facility allows firms to test new approaches and products, using on-demand virtual machine (VM) access, then easily shift to a bare-metal production environment should the test…