RegTech Insight Blogs The latest content from across the platform
Talking Reference Data with Andrew Delaney: Feeling the Collars of the Libor Traders
Financial institutions are bracing themselves for further regulatory clampdown on market pricing on the wake of the LIBOR and FX market manipulation scandals. As regulators draft new guidelines for benchmark data contributions, and UK Chancellor George Osborne signals increased scrutiny of the London FX market’s pricing procedures, data managers and compliance officers are assessing their…
Misys Pitches Sophis Value as an IBOR Solution
Misys is responding to buy-side need for an Investment Book of Record (IBOR) with its Sophis Value cross-asset, front-to-back-office investment management suite. The positioning of Sophis Value as a solution that enables firms to maintain an IBOR comes ahead of a wider product positioning and rebranding campaign that is expected to improve the alignment of…
SimCorp and MSCI Develop Direct Link Between Dimension and RiskManager
SimCorp and MSCI are developing a direct data and analytics link between the former’s Dimension investment management solution and the latter’s RiskManager platform with a view to offering users of both products operational efficiencies and support for better informed investment decisions. A link between Dimension and MSCI’s BarraOne risk management solution is also on the…
Charles River Shrink Wraps Compliance Solution to Offer Compliance as a Service
Charles River has packaged the compliance module of its Investment Management Solution to offer Compliance-as-a-Service (CaaS) to asset managers seeking economic and efficient start-of-day portfolio compliance. The service is cloud based and integrates software, data and advisory services that include writing and maintaining compliance system rules. It is designed to help small and medium-sized firms…
Markit Develops Managed Services With CTI Acquisition
Markit’s agreement to acquire tax compliance and reporting services specialist Compliance Technologies International (CTI) will add a tax component to the company’s managed regulatory reporting services that already include the Counterparty Manager platform and the recently introduced Markit | Genpact Know-Your-Customer (KYC) Services. Financial details of the acquisition have not been disclosed and the transaction…
Opinion: Uniting Entity Data – the Missed Opportunity
By Neill Vanlint, Managing Director, EMEA & Asia, Goldensource The industry’s drive to understand and reduce systemic risk has created fresh challenges around instrument and entity data that put technology under a whole new light. However, in a post-2008 crisis landscape dominated by regulatory reform, compliance is only part of the issue. If firms can…
Markit and Genpact Release KYC Service
Markit’s tie-up with business process specialist Genpact, which was made back in September 2013, has come to fruition in a Know Your Customer (KYC) service designed in conjunction with Citi, Deutsche Bank, HSBC and Morgan Stanley. Called Markit | Genpact KYC Services, the companies’ KYC offering is based on Markit’s Counterparty Manager service and Genpact’s…
Data Management Summit: Regulation and Risk Require a New Approach
Regulation and risk are driving a new approach to data management across financial markets, but they are not the only drivers as firms seek cost reductions, operational efficiencies and a means of using data as a business asset. These issues and more were debated by a panel of experts at last week’s A-Team Group Data…
Lombard Risk Offers Free XBRL-Checker to Support Corep Compliance
Lombard Risk Management is offering firms that must comply with the latest Common Reporting (Corep) rules a free eXtensible Business Reporting Language (XBRL) checker to help them resolve XBRL validation errors that can occur when submitting required reports to the UK Financial Conduct Authority (FCA). The FCA’s Gabriel reporting system has been in place since…
Data Management Summit: Regulation and Cost Drive Adoption of Data Utilities
The potential of reference data utilities to cut data management costs and improve data quality was a hot topic at last week’s A-Team Group Data Management Summit in New York. Most speakers and delegates agreed that data utilities will become part of the capital markets landscape, but exactly how they will operate and how the…