RegTech Insight Blogs The latest content from across the platform
Itiviti Develops Regulatory Compliance Platform for MAR and MiFID II
Itiviti is developing a regulatory compliance solution that will be delivered as a managed service, focus first on Europe’s Market Abuse Regulation (MAR), and then on Markets in Financial Instruments II (MiFID II). The solution is based on Itiviti’s Tbricks high performance trading platform and the OneTick ticker plant provided by Itiviti partner One Market…
Financial Machineries Extends Data Coverage of Global Trade Repository Analytics
Financial Machineries has extended coverage of foreign exchange data in its Global Trade Repository (GTR) Analytics solution, which collects OTC derivatives transaction data from trade repositories, cleanses and normalises the data, and distributes the data, including actual trade prices, to clients in less than two minutes. The additional FX data covers FX forwards and non-deliverable…
Markit Releases Due Diligence Solution for Common Reporting Standard
Markit is addressing the customer due diligence requirements of the Common Reporting Standard (CRS) with a solution based on its tax and Know Your Customer (KYC) experience, and designed in conjunction with five market participants including Barclays and Brown Brothers Harriman. Essentially, CRS is a global version of the US Foreign Account Tax Compliance Act…
The Role of Real-Time Surveillance in a World of Slow Enforcement
BATS Trading is fed up of being spoofed. On 18 February 2016, the alternative US exchange operator founded in 2005 by high-frequency trading guru Dave Cummings, asked US market regulator the Securities and Exchange Commission (SEC) to shorten the time it takes to suspend trading accounts of firms engaged in ‘spoofing’ and ‘layering’ (for BATS…
Kingland Systems Delivers Risk and Compliance Solutions Based on Data Science
Kingland Systems is building out its portfolio of data management solutions with a data diagnostics service designed to help users improve entity data quality, the implementation of cognitive technology to ease the burden of data management, and plans for a platform that will support the lifecycle of data. Kingland was founded in 1992 with a…
IHS and Markit Merger Set to Result in Large Scale Information Business
The merger of IHS and Markit will create a large scale information provider working across the financial services, energy and transport markets, and taking advantage of cross selling opportunities within the companies’ combined customer base. What is less clear is the priority the merged company will give to financial data solutions, particularly Markit’s processing services…
Sell-Side Tech – With Principles
Banks are building client awareness into their systems to achieve long-term goals and avoid disintermediation Intensified regulatory activity has heightened oversight of trading technology, particularly within the sell-side community. This development has had significant impact on the skills and structures needed in technology teams. “Technology can give firms a competitive advantage but can do so…
BSO Networks Builds Out Low Latency Network, Services and Solutions
BSO Network Solutions is planning to extend its low latency trading network into South America, implement its cloud-based trading infrastructure platform within exchanges, and provide a MiFID II compliant time stamping solution. While the company is building out its business with services and solutions, its career started in connectivity, when college friends Michael Ourabah and…
Nikko Securities America Selects Fenergo to Support Regulatory Compliance
Nikko Securities America (Nikko America) is planning to implement Fenergo’s client lifecycle management software across a number of its trading desks. The implementation is focused on helping the company achieve compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and Foreign Account Tax Compliance Act (FATCA) regulation and will use the out-of-the-box version of Fenergo’s…
Letter to the Editor
From Akber Datoo, Managing Partner, D2 Legal Technology Earlier this week, the European Supervisory Authorities (EBA, EIOPA and ESMA) published final draft Regulatory Technical Standards (RTS) outlining the framework of the European Market Infrastructure Regulation (EMIR). While some may consider this as progress, it is unfortunately yet another indicator of the significant challenges the international…