A-Team Insight Blogs The latest content from across the platform
Canada’s ITG Implements Cloud-Based Trade Surveillance from OneMarketData
Canadian brokerage Independent Trading Group (ITG) has implemented OneMarketData’s cloud-hosted OneTick Trade Surveillance solution to ensure compliance with regulatory monitoring requirements in the face of the surging volumes and volatility that have accompanied Covid-19 pandemic. According to Nick Savona, chief compliance officer at ITG, the brokerage outgrew its legacy PositionWatch system, which it continues to…
Live at Data Management Summit USA Virtual – Day Two Keynote and Q&As
A-Team Group’s Data Management Summit USA Virtual Day Two was based on the theme of best practices for data driven strategies in today’s new normal. The day started with an informative live keynote from Arvind Joshi, director of data management at Scotiabank, on how to establish data quality for analytics. This was followed by three…
Schroders Deploys SteelEye to Improve MiFID II Transaction Reporting
SteelEye continue to build its customer base looking for Markets in Financial Instruments Directive II (MiFID II) solutions with the addition of Schroders. The investment manager deployed SteelEye in July 2020 having selected the compliance technology and data analytics firm on the basis of the quality of its technology, regulatory expertise, and willingness to support…
ROC Takes Responsibility for Identifiers Designed to Track OTC Derivatives Transactions
Transparency of the OTC derivatives market takes a step forward tomorrow with the Financial Stability Board (FSB) confirming the Regulatory Oversight Committee (ROC) of the Global LEI System as the International Governance Body for the identifiers that will be used to track OTC derivatives transactions. Harmonisation of the identifiers should culminate towards the end of…
DMS US Virtual Goes Live with a Practitioner Innovation Keynote and Real-Time Q&As
A-Team Group’s Data Management Summit USA Virtual kicked off today with a hugely insightful live practitioner innovation keynote followed by two live, and lively, Q&A sessions packed with audience questions and answered by the day’s expert keynote and panel speakers. Andrew Delaney, president and chief content officer at A-Team, hosted today’s live sessions of the…
ESMA Releases Long-Awaited Third-Country Draft Rules
ESMA this week published its final report containing draft rules for third-country firms providing investment services in the EU under the MIFIR and MiFID II regimes. The document should provide some long-awaited clarity around the ability of third-country firms to operate in Europe – including, of course, the UK, upon its final departure from the…
Are the Complexities of the New IFR Regime to Investment Firms as Kryptonite is to Superman?
By Richard Moss, Global Product Manager, Capital, AxiomSL. Even though investment firms have very different primary business models and risk profiles as opposed to lending institutions, to date, for regulatory purposes many have been considered credit institutions and accordingly report under the Basel-driven capital requirements regulation (CRR). The CRR approach is too broad to effectively…
FCA: UK Banks Are Failing in Their AML Approach
UK banks are not taking anti-money laundering controls seriously enough, with some still viewing AML protections as unnecessary. This was the concern raised by Financial Conduct Authority (FCA) director of enforcement and market oversight Mark Steward, speaking to reporters at the FCA annual public meeting last week – and the regulator is ready to crack…
Build vs buy? It’s already too late
By Sylvain Thieullent, CEO of Horizon Software. After a prolonged period of firefighting to solve problems right up until deadline day, the industry could be forgiven for thinking that their MiFID II worries were now behind them. However, over two years on from implementation day, the market may have to brace itself for further changes to…
Canoe Intelligence Paddles Upstream with New CEO
Canoe Intelligence has replaced its founding CEO Seth Brotman with Jason Eiswerth as the fintech prepares next phase growth that will further develop its machine learning and natural language processing platform that extracts and digitalises data from PDF reports for institutional investors, allocators and asset servicing firms. The growth plan will be supported by Series…