A-Team Insight Blogs The latest content from across the platform
LSE in Talks with Refinitiv on $27 Billion Merger Deal
News broke over the weekend that the London Stock Exchange (LSE) is in talks with Refinitiv to take over the former risk and finance unit of Thomson Reuters, in a transaction valued at $27 billion. Should it come to pass – and given the specificity of press reports, it seems it most likely will –…
How to Avoid a Data Management Headache Post M&A
By Devendra Bhudia, Solutions Director for Enterprise Data Management at IHS Markit. Earlier this year, Invesco’s chief executive, Martin Flanagan, was quoted as saying that “a third of the asset management industry could disappear over the next five years”. This followed Invesco’s acquisition of OppenheimerFunds and supports Flanagan’s comment that “scale matters more than ever”….
Why US Research Houses Need Less Talk and More Action in Response to SEC Letter
By Daniel Carpenter, Head of Regulation at Meritsoft (a Cognizant company). Over a year has passed since the introduction of MiFID II, and the situation for research brokers has changed beyond all recognition – and not just for those operating in Europe. The massive increase in the cost of research, partially driven by the substantial…
SFTR: On Track or in Trouble?
The Securities Financing Transactions Regulation (SFTR) is coming into force on April 11, 2020 – a mere eight months away. Investment firms and credit institutions the first in the line of fire for reporting obligations, while buy-side firms have until October 2020 to comply. But for everyone, the clock is ticking. In order to meet…
The FCA’s Warning on Operational Resilience
By Paul Roberts, CEO, Milestone Group. The FCA annual report is out and it’s not just Brexit under the microscope. As expected, operational resilience continues to be an area of concern, building on the issues raised in their business plan of 2019/2020 in April. It’s clearly an area they feel deserves more attention. And it’s…
Refinitiv Integrates UBO and Vessel Data onto Risk Intelligence Platform
Refinitiv has integrated ultimate beneficial ownership data (UBO) from Dun & Bradstreet and vessel data from IHS Markit Maritime and Trade onto World-Check One, its flagship risk intelligence solution. The move demonstrates the firm’s ongoing investment into KYC solutions following the recent shake-up of its KYC strategy, which saw Refinitiv withdraw its KYC-as-a-Service offering in…
AlphaDesk Acquisition a Part of an Overall Buy-Side Strategy at Refinitiv, Says Chin
Refinitiv is executing on its strategy to significantly grow its presence in the buy-side arena through its recent acquisition and integration of AlphaDesk, according to Michael Chin, managing director and co-head of trading at Refinitiv. Changing the revenue base Refinitiv, which currently has revenues and a client base that is approximately 60% sell-side and 40%…
New Best Execution Rules Likely Beyond the SEC’s Rule 606 Changes
The focus on improving best execution transparency is likely to continue in the US, beyond the implementation of updates to the Securities and Exchange Commission’s (SEC’s) Rule 606, says Dermot Harriss, senior vice president at OneMarketData. In late 2018, the SEC adopted amendments to Regulation NMS (National Market System) Rule 606(b)(3). The new rules require…
Collibra Acquires SQLdep, Expands European Presence
Data intelligence firm Collibra last week announced the acquisition of SQLdep, a software-as-a-service (SaaS) provider of automated data lineage. SQLdep automates the discovery and visualization of technical data lineage and enables organizations to capture context around data, understand data quality, support compliance initiatives and increase trust. “Organizations are challenged with managing thousands of data sets…
Bringing Alternative Data into the Mainstream
By Martijn Groot, Vice President of Marketing and Strategy at Asset Control. Alternative and unstructured data is rapidly going mainstream. In a recent survey conducted by Adox Research for Asset Control, more than a third of respondents from financial institutions (36%) labelled these new types of data as ‘high importance’ drivers for investment. Alternative data…