RegTech Insight Blogs The latest content from across the platform
Misato Takes Disruptive Technology Approach to Enterprise Data Management
Misato is addressing financial institutions’ enterprise data management (EDM) challenges with a disruptive approach based on open source high-performance data bus technologies. The company’s Data Hub moves away from traditional data warehouse and extract, transform and load (ETL) solutions to focus on how data is consumed by applications. Working backwards, the hub can then reduce…
Data Management Industry Weathers the Political Storm
Capital markets in the US and Europe are fraught with uncertainty following the election of President Trump in the US and the start of the Brexit process in the UK, but what material effects will these changes have on data management and will they present more opportunities than threats? The regulatory landscape in uncertain times…
GLEIF Eases LEI Acquisition as Identifier Passes the Half Million Mark
The Legal Entity Identifier (LEI) has passed the half million mark, the Global LEI Foundation (GLEIF) is encouraging the creation of registration agents that will help firms get LEIs, and plans are on the board for mapping services that will link SWIFT BICS and Association of National Numbering Agency (ANNA) ISINs to the identifier. Will…
Technology Catches Up To Regulators’ Monitoring Demands
Conducting a simple real-time statistical analysis of financial market activity does not necessarily require “sophisticated AI or machine learning,” says Guy Warren, CEO of ITRS, an application performance management and big data analytics provider. The purpose of conducting such an analysis is to determine when a circuit breaker kicks in to catch and stop algorithmic…
Trax Sees UK Approval For MiFID II Reporting As First Step In Europe
The UK Financial Conduct Authority’s (FCA) approval of the approved reporting mechanism (ARM) provided by market data, trade matching and regulatory reporting services company Trax is the first domino in a line that its makers hope will run through European countries by the time MiFID II takes effect in January. As an ARM, Trax has…
MiFID II Effects On Order Handling and Reporting Requirements Emerge
The specifics of MiFID II compliance have become clearer with new guidance from the European Securities and Markets Authority (ESMA), and increased understanding of best execution and transparency parts of the regulation among industry professionals. In ESMA’s recent question and answer statement on MiFID II, the authority specified what data must be published and reported…
The Latest PRIIPs RTS
By Ronan Brennan, chief technology officer, Silverfinch The European Commission has published what is hopefully the final iteration of the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulatory Technical Standards (RTS), and with the European Parliament announcing that it has no objection to the new RTS, the industry has finally arrived at a point that…
Numerix Gets Real-Time Enhancements
Risk technology company Numerix’s acquisition last month of TFG Financial Systems is a first step in adding a “deeper bench of analytics” for pricing and risk to its Oneview Enterprise Platform, according to Steven O’Hanlon, CEO and president of the company. TFG Financial Systems offers real-time risk, profit-and-loss and position management services, including dependency graph…
Webinar Discusses Data Management Processes in Run up To MiFID II Compliance
The 3 January, 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) is approaching fast, so how ready are financial institutions to meet the directive’s requirements and what outstanding data management challenges do they face? A recent A-Team Group webinar answered these questions and more, highlighting the need to get cracking on…
BCBS Says Bank Compliance with Risk Aggregation Principles is Unsatisfactory
The Basel Committee on Banking Supervision (BCBS) reports that the level of compliance with its principles for effective risk data aggregation and reporting is unsatisfactory at globally systematically important banks (G-SIBS). It urges the banks to step up their efforts and recommends that they should develop clear roadmaps to achieve full compliance, supervisors should communicate…