RegTech Insight Blogs The latest content from across the platform
ANNA Pitches National Numbering Agencies as LEI Local Operating Units
The Association of National Numbering Agencies (ANNA) is back in the game and vying for a place in the development of the global legal entity identifier system proposed by the Financial Stability Board (FSB) and approved by the G20 global summit in Mexico last month. An ANNA general meeting in London last month deemed the…
Rimes and Bi-Sam Partner to Co-Develop Performance Solutions
Rimes Technologies and Bi-Sam have boosted their commitment to work together and deliver streamlined performance solutions for asset managers based on Rimes’ index and benchmark data management and Bi-Sam’s performance measurement and reporting functionality. The companies already have a joint interface to their solutions that is well used, but the new partnership will provide a…
ScaleOut Addresses Big Data In-Memory Analytics; Adds Multi-Site, Cloud Support
ScaleOut Software has released version 5 of its ScaleOut StateServer in-memory data grid. For the first time, it supports linking grids across physical sites, including leveraging cloud services – providing an elastic architecture for big data analysis. Version 5 is currently available for public clouds Amazon Web Services and Windows Azure. “By helping developers and…
Chicago’s Mini-Prop Shop Boom Creates a Boon for Low-Latency Providers
The Volcker Rule, part of the larger Dodd-Frank Financial Reform Act, is an attempt to bar banks from proprietary trading – or making trades for their own benefit – with customer funds. Many banks have pushed back against the proposed rule citing a threat to some of their most profitable activities. In response, the rule…
G20 Approves FSB LEI Plans but Implementation Remains Controversial
This week’s decision by the G20 to endorse the Financial Stability Board’s (FSB) recommendations on a global system of legal entity identifiers (LEIs) to counter systemic risk met a mixed response with potential parties to the development of the system glad of the G20’s go ahead, but still disagreeing on how the system’s infrastructure should…
Brown Brothers Harriman Works with DTCC to Reduce Risk in Corporate Actions
Brown Brothers Harriman (BBH) has gone live with DTCC’s standards-based corporate actions real-time messaging and expects the solution to provide both operational efficiencies and reduced operational risk. The solution is part of a multi-year corporate actions reengineering project at DTCC that will replace 60 legacy systems by 2015 with a single platform that is compliant…
The Benefits of Going Big for Eikon Users
By Philip Brittan, Thomson Reuterswww.thomsonreuters.com The scale of data in financial services is, although significant, dramatically smaller than it is for online consumer companies like Google or Amazon. For financial services, petabytes are huge, but for those firms they are a rounding error. Nevertheless the need for real-time throughput makes financial services data a unique…
Q&A: SunGard’s Neil Palmer on the Top Ten Trends
Sungard likes to publish top ten trends lists, and the latest focuses on big data in financial services. We chatted to Neil Palmer, partner at SunGard’s consulting services’ advanced technology business, to find out some more behind the predictions. Q: You just published SunGard’s view of theten big data trends for financial services in 2012. …
Talking Reference Data with Andrew Delaney: Why We Care About the LEI
Maybe like me you’ve been slightly bewildered by the comings and goings in the market’s attempts to come up with a plan for a steadfast legal entity identifier (LEI) that everyone can use? Particularly the frenetic pace of sometimes daily change in direction, as stakeholders switched allegiances, and adopted and dropped plans, and interested parties…
Q&A: RainStor’s John Bantleman on Big Data Scale with Low Cost and Complexity
Big data storage and analytics is not just about MapReduce and Hadoop. A number of specialised database products have grown up that look to solve the problems of data scale, while keeping a focus on costs, and overall complexity and manageability. One such database is RainStor, from the company of the same name. We spoke…