RegTech Insight Blogs The latest content from across the platform
Global FX Division Announces Trade Repository Partner for Foreign Exchange Industry
The Global FX Division of AFME, SIFMA and ASIFMA announced today that its members are recommending a partnership with DTCC and Swift in order to develop a foreign exchange trade repository, where information can be stored electronically to provide additional transparency for regulators. This selection is the culmination of an extended evaluation, Request For Information…
DTCC Appoints Bari Jane Wolfe Head of Regulatory Relations
The Depository Trust and Clearing Corporation (DTCC) announced today that Bari Jane Wolfe has been appointed to the new position of managing director, head of Regulatory Relations. Wolfe will spearhead DTCC’s regulatory relations function, overseeing interactions and ongoing work with regulatory bodies in the United States and internationally. Wolfe and the Regulatory Relations team will…
Virginie’s Blog – The Coming of the Regulatory Data Empire?
Not only has the Swift/Depository Trust and Clearing Corporation (DTCC) alliance been backed this week by a Sifma led industry coalition group to act as the issuer and registration authority for the new legal entity identification standard, but the partners have also received the support of a number of these same associations to establish a…
SAS’ ‘Big Analytics’ Tackles Big Data, Speeds Problem Solving
A powerful new release of SAS software helps enable faster, better decision making by improving analysis of vast and growing amounts of data. Whether a retailer optimising pricing for thousands of items, a hospital identifying which treatment plans improve patient health, or a government agency fighting fraud, SAS, the leader in business analytics, helps organisations…
A Low-Latency Rock Battle on Bleecker …
We’re always happy to help out an old friend and a good cause. In this case, music loving Joe Lalicata – one-time Lava Trading and Merrill exec, and now Direct Edge’s partnership’s guy – who is holding a friendly battle of the bands tomorrow night at Kenny’s Castaways on Bleecker Street. Proceeds to the Wounded…
Virginie’s Blog – The View from the Top
Ex-Financial Services Authority (FSA) head and British economist Howard Davies’ comments at this week’s SunGard City Day in London highlighted the seriousness with which firms should be treating Basel III, even if full implementation is eight years away. Davies called the new incoming regulatory standard on bank capital adequacy and liquidity “the most significant change…
The Network Effect
Looking at the latest news from Sanford C. Bernstein, about them joining SunGard’s Global Network got me thinking a bit. First, what does the “C” stand for? Next, since I couldn’t find an answer to that first one, is where do networks from the likes of SunGard fit in the low-latency world? And it all…
New Warning Over Diverging Derivatives Rules
Proposed rules for derivatives trading could push up financing costs and create “material risks” for the global economy because of a lack of co-ordination, the US and European Union have been warned by the financial services industry. The warning is contained in a letter sent on Wednesday by eight leading trade associations – including the…
The IMS Group Hires Gartmore Compliance Manager
The IMS Group (IMS), the leading regulation and compliance consultant, has hired Kim Ellis, a former senior compliance monitoring manager from Gartmore, to its Projects team. In her new role at IMS, Kim will specialise in wholesale financial markets compliance, and will cover conduct of business, client assets, collective investment schemes and market conduct. At…
Asset Control’s McGranaghan on the Data Vendor’s Partnership with Oracle
Asset Control is one of a number of vendors working with Oracle to benchmark its technology capabilities with a view to the vendors working closely together to improve the scalability and response times of EDM solution vendor’s platform. Reference Data Review speaks to Donal McGranaghan, senior vice president of product and development at Asset Control, about how…