A-Team Insight Blogs The latest content from across the platform
FCA on Coronavirus: Take No Prisoners?
Regulators around the world have taken a largely supportive approach to COVID-19, albeit with varying approaches. While some are in total lockdown, others are taking a more measured approach – but according to the word on the street, firms have been surprised by the ‘take-no-prisoners’ stance adopted by the UK’s Financial Conduct Authority (FCA). With…
Infront Adds Equiduct Apex Market Data to Professional Terminal
Oslo-based European market data vendor Infront is adding data from the Equiduct pan-European trading platform. The vendor will incorporate market data from Equiduct’s Apex on-exchange trading service for retail orders into the Infront Professional Terminal. The Apex service is backed by Equiduct’s pool of liquidity providers and active brokers. The service automatically calculates the best…
SmartStream Partners with Luxoft for Post-Trade Lifecycle Alliance
Transaction Lifecycle Management (TLM) specialist SmartStream has teamed up with software engineering firm Luxoft in a new post-trade lifecycle alliance that aims to support more efficient, streamlined and cost-effective middle- and back-office operations. Switzerland-based Luxoft was acquired in June last year by US digital services giant DXC Technology for $2 billion, in a deal that…
RJ O’Brien Deploys Eventus in the Cloud for Risk Monitoring and Trade Surveillance
Derivatives trader RJ O’Brien & Associates’ (ROJ) selection of Eventus Systems’ Validus as the global platform for its trade surveillance and risk monitoring requirements is aimed at meeting the firm’s regulatory obligations across a range of jurisdictions, including MAD/MAR, MiFID II RTS 6, the CFTC’s Tag 50 and regulations emanating from the Asia/Pacific region. According…
CSDR – The Clock is Ticking…
The Central Securities Depository Regulation (CSDR), first published way back in 2014, is finally on its way in – and although final implementation may be delayed from September 2020 to February 2021, that doesn’t take away from its status as one of the biggest data management challenges for financial institutions this year. The new regulation…
Industry Calls for SFTR, EMIR Refit Delay
Following a letter from trade bodies including the International Securities Lending Association (ISLA) and the International Capital Market Association (ICMA) this week, EU regulator ESMA is expected to issue clarification on whether it might consider a six-month delay to the upcoming Securities Financing Transactions Regulation (SFTR) currently due to go live in April. The joint…
Welcome to DMS Virtual – A Groundbreaking Model for Today’s New Normal
Events have overtaken us this week (so to speak), and while we have put tremendous effort into our Data Management Summit this year, it became apparent that due to health and safety concerns in addition to event attendance restrictions for many participants, our live event will no longer be able to go ahead tomorrow. However,…
Regulatory Equivalence: How Brexit Could Trigger Better Risk Exposure Modelling
By Volker Lainer, VP of Product Management, GoldenSource. When it comes to the future relationship of EU/UK financial services, alignment has been touched on regularly by policy makers and the UK has begun a series of assessments for its post-Brexit vision for financial services. Either way, the EU has ruled out access unless the UK…
SWIFT Delays ISO 20022 a Further Year
In its March 2020 meeting, SWIFT endorsed ambitious plans for the group to support financial institutions’ payments and securities businesses – but confirmed that implementation of the ISO 20022 would be delayed by 12 months, following “feedback from the community.” ISO 20022 aims to create a single standardisation approach (including methodology, process, repository) for all…
UK Regulators Welcome Financial Services Regulatory Initiatives Forum
The Bank of England, Prudential Regulation Authority, FCA, Payment Systems Regulator and the Competition and Markets Authority have welcomed HM Treasury’s plans to establish the Financial Services Regulatory Initiatives Forum, announced alongside its response to the first phase of the Government’s review into the financial services future regulatory framework. The Forum will be a joint…