A-Team Insight Blogs The latest content from across the platform
FINRA Starts the Clock on OATS Retirement
By Peter Gargone, CEO at n-Tier. FINRA’s August 14 SEC rule filing, coupled with its July 29 compliance webinar, provide the clearest view yet on FINRA’s approach to enforcing CAT regulatory compliance and achieving the industry’s goal of retiring OATS reporting. Peter Gargone of compliance software specialist n-Tier discusses the complexities of the transition, and the…
Symphony Adds Levy as President as Usage Surges due to Covid-19
Symphony has bolstered its leadership team with the addition of Brad Levy, who joins the collaboration platform as president and chief commercial officer. Levy, who was most recently a partner at IHS Markit, will focus on expanding the company’s commercial offering in the capital markets segment. The announcement comes as Symphony reports significant growth in…
ISO Standardises Process of Embedding LEIs in Digital Certificates
ISO has defined a standard approach for Certification Authorities to embed Legal Entity Identifiers (LEIs) within digital certificates. The move to simplify LEI integration paves the way for all digital certificates to be linked by a universal identifier to verified and regularly updated entity reference data, in a freely accessible repository, and also can contain the…
The Perils of Inaccurate Data Capture
By Russell Jones, CEO, Fetchify (specialising in SaaS address lookup and data validation solutions). Inaccurate data can be damaging to all aspects of a business. In a 2018 survey, Gartner reported that organisations are negatively impacted by poor quality data, resulting in wasted resources and unnecessary costs to the tune of $15 million annually. Poorly…
The Changing Role of Data Management in the Post-Pandemic Age
By Boyke Baboelal, Strategic Solutions Director, Asset Control. Continuous, and often rapid, change has been a given for organisations across multiple economic sectors since the COVID-19 virus took hold and it looks set to be a key feature of the post-pandemic age, whose key trends are already taking shape. Across the financial services industry, change…
Pico Strengthens its Global Data Centre Presence with New Taiwan Colocation Facility
Continuing its expansion in the Asia-Pacific region, trading infrastructure specialist Pico has launched a new managed Taiwan colocation facility, at Chunghwa Telecom’s CHT Taipei IDC in Banqiao, New Taipei City. The facility will offer connectivity to the Taiwan Stock Exchange’s (TWSE) data centre, with plans for links to the Taiwan Futures Exchange (Taifex) and Taipei Exchange (TPEx),…
SIX Partners with Xignite for Strategic Cloud Initiative
SIX Financial Information’s announcement last month of a strategic partnership with Xignite marks a significant step-up in the relationship between the two companies and signals SIX’s intention to embrace cloud delivery for its universe of financial information. The arrangement allow clients access to SIX content via Xignite’s API and cloud distribution infrastructure, opening up opportunities…
Next Six Months Crucial for LIBOR Transition, FCA Urges Firms to Sign ISDA Protocol
The four to six months ahead of us are arguably the most critical period in the transition away from LIBOR, and the time to act is now. So says Edwin Schooling Latter, Director of Markets and Wholesale Policy at the UK’s Financial Conduct Authority, as he urges the financial services industry to prepare for one…
New Mobile App Boosts ACA Compliance Group Capability
In today’s increasingly distributed work environment, accessibility is everything – and firms are having to find new ways to meet their compliance requirements whilst managing a workforce that is more disparate, fragmented and remote than ever before. “With competing regulatory focus areas requiring vigilant oversight and cost pressures being higher than ever, it’s imperative that…
AML Penalties Increase in APAC as Regulators Rev their Engines
By the end of July 2020, AML, KYC and sanctions fines for global financial institutions reached $5.6 billion, according to the latest findings from client lifecycle management specialist Fenergo. Notably however, although overall penalties were actually down by a third compared to the same period last year, fines issued by APAC regulators related to AML…