A-Team Insight Blogs The latest content from across the platform
CIAM Selects Steeleye for Trade Surveillance, Best Execution and Trade Analytics
CIAM, an event driven investment management firm focused on special situations and using activism as one of several tools to unlock shareholder value, has replaced its existing technology set up with SteelEye regulatory compliance and analytics solutions. The firm has licensed SteelEye’s trade surveillance, best execution and core package, which includes record keeping, trade reconstruction…
BMLL Appoints Paul Humphrey as CEO to Drive Up Business Scale
BMLL Technologies, a data engineering and analytics firm initially spun out of the machine learning labs in the engineering department at Cambridge University, has appointed Paul Humphrey as CEO with responsibility to drive up the scale of the business and realise its mission to democratise access to granular market data and analytical products at speed…
Broadridge Makes Major Strategy Shift with Transition to IBM Financial Services Cloud
Broadridge Financial Solutions has made a major move to accelerate its cloud strategy through an agreement with IBM Services. Broadridge will use what IBM calls the ‘first financial services-ready public cloud’ to create the The Broadridge Private Cloud powered by IBM and transition a large portion of its global infrastructure to the cloud provider. The…
Open:FactSet Marketplace Adds Sanctions Screening Service from SIX
Meeting financial institutions’ increasing interest in, and commercial need for, a ‘pick and mix’ approach to data sourcing, FactSet continues to extend its Open:FactSet Marketplace with the addition of SIX’s Sanctioned Securities Monitoring Service (SSMS). The SIX data feed adds to 114 feeds and 22 solutions already on the platform and allows Open:FactSet users to…
GLEIF Acknowledges ESMA Decision to Delay Requirement for Third-Country Issuer LEIs in SFTR Reporting
The European Securities and Markets Authority’s (ESMA) decision to provide a grace period of 12 months for the inclusion of Legal Entity Identifiers (LEIs) in Securities Financing Transactions Regulation (SFTR) reporting in the case of third-country issuers has been acknowledged by the the Global LEI Foundation (GLEIF) and welcomed by industry participants. ESMA stated in…
No Grace Period For Reg BI Compliance
For US-regulated firms affected by the upcoming Regulation Best Interest (Reg BI) and concurrent Customer Relationship Summary (Form CRS), due to come into force on June 30, 2020, the pressure is on to comply – and it is looking as if the regulator has no plans to go easy on its targets. The 2020 Examination…
UK Regulators Unveil Ambitious New Dynamic Data Strategy
The UK’s Financial Conduct Authority (FCA) and the Bank of England last week revealed bold new plans to drastically boost their data and analytics capability, using advanced analytics and automation techniques to deepen their understanding of how markets function and to efficiently predict, monitor and respond to firm and market issues. Alongside investment in new…
FactSet Adds Proprietary Data to Snowflake Cloud Built SQL Data Warehouse
FactSet’s deployment of its proprietary datasets on the Snowflake cloud data platform is designed to provide investment professionals with immediate and scalable access to content in a cloud-built SQL data warehouse. By offering its data through Snowflake, FactSet expects to reduce the time and effort it takes for clients to integrate and use new datasets….
London Stock Exchange Confirms Murray Roos as Group Director, Capital Markets
London Stock Exchange Group (LSEG) has confirmed Murray Roos as group director, capital markets, and a member of the LSEG executive committee with effect from April 1, 2020. As announced by the group in April 2019, he will replace Raffaele Jerusalmi, who will continue in the role until Roos joins. Roos will report to LSEG…
Regulatory Ramp-up: AML Penalties Double, UK Legislation Goes Live
Last year saw 58 Anti-Money Laundering (AML)-related penalties handed down globally, totalling $8.14 billion – double the amount and almost double the value of 2018 figures (29 penalties at $4.27 billion), suggesting that not only are regulators cracking down with more rigour, but the stringency of their sentencing is also increasing. In this punishing environment,…