RegTech Insight Blogs The latest content from across the platform
New York Data Management Summit: Setting the scene for 2015
A-Team Group kicked off last week’s Data Management Summit in New York City with a review of the company’s Regulatory Data Index by A-Team chief content officer Andrew Delaney and a keynote on the challenges of data management by John Fleming, head of enterprise data governance at BNY Mellon. The A-Team Regulatory Data Index is…
CounterpartyLink Takes Top-Down View of Entity Hierarchies with CPL Hierarchy Profile
CounterpartyLink has reversed the process of building legal entity data hierarchies from the bottom up to deliver CPL Hierarchy Profile, a product designed to provide a top-down, single view of a legal entity including its entire group structure and links between entities in the structure. The company has been researching and validating entity data from…
Eagle Investment Systems Sets Out Growth Plans
Eagle Investment Systems, a subsidiary of BNY Mellon, is planning to build out its Access cloud technology platform with the addition of data centres hosting the solution in Europe and Asia Pacific to an existing data centre in the US. The company expects to open a European facility, most probably outside London, in June 2015…
S&P Capital IQ Stands Ready to Fulfil Regulatory Oversight Committee Requirement for LEI Hierarchy Data
S&P Capital IQ is ready to meet the data hierarchy requirements for Legal Entity Identifiers (LEIs) that are expected to be set out by the Regulatory Oversight Committee (ROC) of the Global LEI System towards the end of this year. The company’s offer is based on existing products and can extend beyond LEI hierarchy data…
Opinion: What Every Global Bank Should Know About Emerging KYC Solutions
Banks must navigate the maze of regulations or face costly fines. Lee Forsyth, Global Lead KYC Consultant at Thomson Reuters, explains there’s a way through with new solutions. No doubt you have noticed our industry is swimming in acronyms: AML, FATCA, UBO, FATF, KYC. This jumbled alphabet mash-up is the perfect symbol of the complex…
Opinion: Chief Data Officers – The Case for the Defence
A large number of financial institutions (FIs) have appointed chief data officers (CDOs) over the past couple of years. I know a few of them and while they come from a wide variety of backgrounds—some technical, some business, some ‘data geek’—they share a common belief that an organization’s data is one of its most important…
Data Management Summit: Finding Solutions to the Data Management Problems of Client Onboarding and KYC
Increasing enforcement of Know Your Client (KYC) regulations and large fines for non-compliance are driving banks to review client onboarding processes and make changes that will not only help them meet regulatory requirements, but also improve the client experience, increase efficiency and reduce time to revenue. The data management challenges of client onboarding and KYC,…
CGS and Ipreo Extend Partnership to Streamline Identifier Issuance for new Securities in Equity and Fixed Income Markets
Cusip Global Services (CGS) and Ipreo are building out an existing relationship in the US municipal market to allow users of Ipreo’s security issuance software in global equity and fixed income markets to automatically submit requests for Cusip and ISIN identifiers through the company’s global cross-asset class book building system. Once created, the identifiers are…
Julius Baer Extends its Use of AxiomSL’s Regulatory Reporting Platform
Swiss private banking group Julius Baer has extended its use of AxiomSL’s regulatory reporting platform to automate its group level and Swiss entity Basel III calculations and reporting, as well as its group level and Swiss entity statistical reporting. The banking group is already using the AxiomSL platform for financial reporting in Hong Kong and…
Lombard Risk REPORTER Enables Firms to Meet European and Local Liquidity Coverage Reporting Requirements
Lombard Risk Management, a leading provider of integrated regulatory reporting, collateral management and compliance solutions for the financial services industry, is pleased to announce that REPORTER is actively in use by firms for the creation and submission of regulatory liquidity reporting in line with both the European Banking Authority’s pan-European and local UK regulatory Prudential…