RegTech Insight Blogs The latest content from across the platform
New York Data Management Summit: Proving the Potential of Utility Solutions for Reference Data Management
Reference data utilities can improve data accuracy, completeness and timeliness, reduce financial firms’ data management costs, and support regulatory compliance – but to be successful they need to mutualise rather than outsource processes and offer flexible data consumption. Presenting a keynote entitled ‘Mutualising Data Governance and Regulatory Compliance Through the Use of a Utilty’ at…
Markit | Genpact KYC Services Builds Out Offer and Names Ex-Goldman Sachs Exec Jon May as CEO
Markit | Genpact KYC Services has marked six months of operation with the appointment of former Goldman Sachs executive Jon May as CEO, the registration of more than 600 buy-side firms and corporations with its Know Your Customer (KYC) service, and the development of workflows that allow large asset managers operating thousands of funds to…
London Data Management Summit: The Challenges and Opportunities of Solvency II Compliance
Solvency II has been some time in the making, but as deadlines loom for interim requirements in 2015 and full implementation in January 2016, the data management challenges of the regulation must be tackled not only by firms in the insurance industry, which Solvency II seeks to regulate, but also by third-party administrators and asset…
London Data Management Summit: Getting to Grips with Entity Data
Entity data management has moved up the agenda over the past year, driven by regulatory requirements, the establishment of the Legal Entity Identifier (LEI) and, in some cases, a desire to centralise and provide enterprise-wide access to entity data. A-Team Group’s London Data Management Summit discussed the progress of entity data management, as well as…
Interactive Data Seeks to Expand Enterprise Footprint with Latest APEX Release
Interactive data has rolled out the latest release of its APEX reference data service off the back of its significant investment in its new technology infrastructure called OMEGA. The new service brings together a wider range of reference data with faster intraday updates, and offering more delivery methods including the planned XML-based service, and on-demand…
OTCFin Builds Out Managed Services and Regulatory Solutions
OTCFin, a provider of risk and portfolio data management solutions, is building out its managed services offering and delivering regulatory compliance solutions based on its expertise in analytics, risk and performance data generation, integration and aggregation. The company’s first compliance engine is designed to meet the requirements of Solvency II and can be provided as…
Numerix Adds Automated Model Validation Software and Services
Numerix has added automated model validation testing to its CrossAsset analytics platform, allowing users to automate previously manual processes, receive regular reports on the suitability of models in specific market conditions, and meet regulations that scrutinise the use of models and their governance. The company’s solution for enterprise model risk management is called Numerix Model…
A-Team Webinar Debates the Data Management Challenges of Pricing and Valuations
Portfolio pricing and instrument valuations are under the spotlight as an increasing number of regulations require pricing and valuations data, the need for data quality and accuracy tops the agenda, and transparency of pricing methodologies becomes central to price challenges. These issues and more were discussed this week during an A-Team Group webinar moderated by…
TMX Atrium Adopts NPL Time to Offer Accurate Time Stamp Service
TMX Atrium has signed an agreement with the UK’s National Physical Laboratory (NPL) to distribute NPL Time, a certified and precise time signal that is directly traceable to Coordinated Universal Time and can be used by TMX Atrium customers for regulatory compliance and audit purposes. TMX Atrium’s adoption of the NPL Time service is designed…
Data Management Summit: The Challenges and Opportunities of BCBS 239
The Basel Committee on Banking Supervision regulation BCBS 239 presents a significant data management challenge for banks, but it also offers opportunities for those that reach compliance. Moderating a panel discussion on risk data aggregation under BCBS 239 at A-Team Group’s Data Management Summit in London, Dennis Slattery, CEO of EDMWorks, set the scene noting…