RegTech Insight Blogs The latest content from across the platform
ISITC Europe Meeting Highlights Data Standardisation Challenges Underlying Electronic Trade Confirmation
Last week’s ISITC Europe meeting indicated that before any action can be taken to move to higher levels of electronic trade confirmation across the industry, a number of data standardisation challenges must be tackled first. Swift’s Fabian Vandenreydt, who was promoted to the position of head of Securities and Treasury Markets earlier this year and…
BiSam’s New Recruit Petit on her Asset Management Experience at Allianz, Data Management Trends and Opportunities
Data management, analytics and client reporting solution vendor BiSam’s recently hired account management and business development manager Elena Petit speaks to Reference Data Review about her previous experiences at Allianz Global Investors France and how she intends to put them to good use in her new role. With a focus on the downstream requirements of data management…
The Left Hand Isn’t Talking to the Right
This week saw the issue of legal entity identification raised within a number of forums, but the discussions during these various events seemed to indicate a degree of disparity between European and US approaches to the space. Moreover, they also highlighted a trend I noted back in December last year that the data management community’s efforts…
UK FSA Reiterates its Commitment to Move from FRN IDs to the BIC for Transaction Reporting by End 2011
In its latest Market Watch newsletter the UK Financial Services Authority (FSA) reiterates its intention to move from its proprietary FSA Reference Numbers (FRNs) to Swift’s Bank Identifier Codes (BICs) for entity identification purposes within transaction reports, as required under MiFID. In keeping with its discussions with the industry on the subject over the last…
Princeton Financial Systems Automates KID Creation for Financial Institutions
Princeton Financial Systems (PFS) today announced Switzerland based companies, Vontobel and Swisscanto recently joined a growing list of European institutions to use PFS’ solutions to support their Key Investor Information Documents (KID) creation process. PFS customers can organise and automate this process in accordance with current regulatory standards, which ranges from data provision to the…
New JWG Study Shows Firms Slow to Respond to Risk Data Management Requirements
Research launched by JWG today finds that global financial services organisations are not actively reviewing their risk data quality processes following the fall-out of the financial crisis. The study, which includes responses from 20 risk, data, and finance professionals in 16 global firms, shows that, while risk data quality is a pertinent issue, little has…
Sage and Talend Form Partnership to Boost Sage ERP X3 Interoperability Performances
Sage, a business management software provider and Talend, the worldwide leader in open source integration solutions, today announced the completion of a partnership, which will integrate Talend’s integration technologies with Sage ERP X3, Sage plc’s global ERP solution aimed at medium sized companies. Thanks to this global partnership, Sage ERP X3 customers will benefit from…
Broadridge Financial Solutions CEO Calls for Nationwide Effort to Increase Individual Shareholder Voting
In remarks before the National Press Club this morning, the chief executive of the nation’s largest shareholder communications company called on all CEOs to encourage individual shareholders, including employee shareholders, to vote their proxies. “In 2010, just one in 20 individual retail investors voiced their opinions about the companies they invested in by exercising their…
Cadis Platform Puts Robeco in Control of Data Consumption
Robeco, the Netherlands based asset management specialist, has streamlined its data needs via the Cadis EDM platform. Live since February 2011, Cadis, the global EDM specialist, provides Robeco’s Price, Rates and Security Master Management – increasing flexibility and transparency. The decision to choose Cadis comes after a highly effective Proof of Concept (PoC) which saw…
Schroders’ Walsh and HSBC’s Johnson Discuss the Tension Between Data Inputs and Outputs in the Face of Regulatory Change
The buy side community’s data managers are being faced with a tricky balancing act of ensuring their output to clients is optimised from a technology and data standpoint and that their data inputs are of sufficiently high quality for regulatory and client purposes, according to panellists at last week’s A-Team Group and SmartStream roundtable. Speaking…