RegTech Insight Blogs The latest content from across the platform
The FIGI Moves Forward Via Inclusion in ISO 20022 Messaging Standard
The open source Financial Instrument Global Identifier (FIGI), formerly the Bloomberg Global Identifier (BBGID), is coming closer to being a primary security identifier following its inclusion in the ISO 20022 external code set for financial instrument identification and its formal approval as a standard by the Object Management Group (OMG). The identifier is also starting…
Fenergo Enhances Client Lifecycle Management with Data Integration Manager
Fenergo has enhanced its client lifecycle management solution with the addition of Data Integration Manager, a rules-based data interface designed to ease the problems of using multiple data sources for applications such as client onboarding, Know Your Customer (KYC) and Anti-Money Laundering (AML). The company has integrated three DTCC data services used for these kinds…
A-Team Webinar Discusses BCBS 239 Compliance Ahead of January Deadline
The journey towards BCBS 239 compliance continues with global systemically important banks expected to be able to satisfy supervisors when the regulation comes into effect on January 1st 2016. Other banks that are not yet within the scope of the regulation are also making progress, considering how they will comply with the 14 principles of…
Publishing Reference Data in a Post-MiFIR World
By Chris Pickles, Co-Chair of FIX Trading Community’s Reference Data Subgroup and Member of the Bloomberg Open Symbology Team One area where a delay in implementing MiFIR would allow market participants and regulators much needed time to sort out vital details is the area of reference data publication. ESMA has made it clear that, in…
Feature: Sizing the Problem and Finding Solutions for Risk Data Aggregation
Risk data aggregation became a hot topic after the financial crash in 2008, when it became clear that banks did not have the necessary risk information readily available to understand their exposures to counterparties and inform regulators of their positions. Senior managers were making poor decisions based on poor data and supervisory regulators failed to…
MiFID II Delay Would Provide Time for a More Considered Approach
By Daniella Huggins, global marketing manager at Velocimetrics As speculation solidifies into reality, it’s looking increasingly likely that MiFID II’s implementation date will be pushed back by a full year, extending the rather unrealistic 13-month compliance timeframe to a much more manageable 25 months. MiFID II is a far-reaching regulation with an impact on multiple…
Talking Intelligent Trading With Andrew Delaney: ITS – The Story So Far
Out of the ashes of A-Team’s highly successful Low Latency Summit conference series riseth the Intelligent Trading Summit, scheduled for this coming February 4 in London. Born of the concept that it’s no longer enough simply to be fast – you have to be smart, too – the Intelligent Trading Summit uniquely brings you the…
The Train on Platform MiFID 2 is Delayed by One Year
This is a contributed article from Steve Grob, Director of Group Strategy, Fidessa. Not surprising to see that it now looks odds-on that we’ll get a full one year delay on the implementation of MiFID 2. This will embarrass the politicians who don’t want to be seen as going soft on those “wreckless” bankers, but…
ModelDrivers Outlines the Potential of Data Point Modelling to Meet Regulatory Demands
ModelDrivers is piloting its ModelDR data point modelling solution at a large US headquartered investment bank that initially intends to use the software to support MiFID II reporting. To date, the European Banking Authority (EBA) is the only major financial services organisation that has adopted data point modelling – the authority’s Common Reporting and Financial…
Calypso Adds Portfolio and Risk Management Functionality to Trading Platform
Calypso Technology has extended its trading and collateral optimisation platform with the integration of real-time portfolio and risk management functionality. The integration aims to support growing numbers of investment managers trading both derivatives and cash securities. The complete solution, Portfolio Workstation, builds on existing Calypso capabilities in areas such as pricing and position keeping to…