RegTech Insight Blogs The latest content from across the platform
DTCC’s Thompson Testifies About the Importance of Data Repositories Beyond the Swaps Market
In keeping with its recent focus on data repositories, the Depository Trust & Clearing Corporation’s (DTCC) managing director and general counsel, Larry Thompson, this week testified before the Senate Committee on Agriculture, Nutrition, and Forestry stating that OTC derivatives market transparency could be improved by extending to other asset classes the current data repository model…
Good Year for GoldenSource?
The announcement of record 2010 results this week by EDM vendor GoldenSource could come as a surprise to some, given the bashing that the concept of ‘golden copy’ has taken in the industry of late and the numerous (thinly veiled) references to the troubles being experienced by the more established EDM vendors in the market…
Questionable Motives?
I’ve spent a lot of the first two months of this year discussing the Office of Financial Research (OFR) with various industry participants, but a recent conversation brought to light something that hasn’t yet been fully explored in my previous blogs: the US government’s real motivation for standardising legal entity identification, beyond tracking systemic risk….
Interactive Data Awarded Second Patent For Fair Value Pricing Of An Asset
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that it has been granted a second patent by the US Patent and Trademark Office for the fair value pricing of a financial asset. This patent extends this business process generally to securities that are not actively trading in a…
2011 US GAAP and SEC Taxonomies Available
The 2011 US GAAP Taxonomy and related taxonomies maintained by the SEC are now available, and companies may submit their interactive data filings to EDGAR using these taxonomies. A listing of all taxonomies available for use, including the 2011 US GAAP taxonomy, is located at http://www.sec.gov/info/edgar/edgartaxonomies.shtml. The EDGAR validation and Previewer have been updated to…
Bank of Beijing Undertakes New Initiative to Incorporate Accuity’s AML Solutions
Accuity, the leading provider of payment routing data, anti-money laundering (AML) screening software, and services, is pleased to announce that Bank of Beijing, one of China’s largest commercial banks, has selected Accuity’s Compliance Link and Global WatchList. Compliance Link, Accuity’s modular enterprise-wide interdiction screening solution, and Global WatchList, Accuity’s proprietary collection of sanctions, enhanced due…
Princeton Financial Optimizes Data Management of Hauck & Aufhaeuser in Record Time
Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG), a service provider for the conception and administration of funds, needed to replace their fund accounting system while maintaining operation of all business-critical systems. Due to Princeton Financial® Systems? (PFS) extensive experience in this area, they successfully supported HAIG in this project and simultaneously established a system architecture…
Broadridge’s Access Data Introduces Unique Tax Management Solution for Mutual Funds and ETFs
Broadridge Financial Solutions today announced a unique tax management solution providing mutual fund managers and ETF sponsors access to data to accurately calculate state tax obligations. Broadridge’s Multi-State Tax Management solution, the first of its kind, collects, organises and tabulates shareholder account data across distribution channels in all 50 states, without divulging specific shareholder information….
Markit Calls for a Data Aggregator Within Swaps Data Repository Space
In its feedback to the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) joint proposals regarding reporting to swaps data repositories, derivatives specialist vendor Markit suggests the industry needs a data aggregator in order to gather together the data spread across the various repositories in the market. This indicates that Markit may…
ICFR Meeting Calls for Increased Consistency of Supervisory Data Collection, Global Coordination
The International Centre for Financial Regulation’s (ICFR) recent meeting on macroprudential data scoping highlighted a number of concerns related to the collection of data for the monitoring of systemic risk, not least of which was the need for global coordination among regulators. Attendees to the meeting, which took place earlier this month in London under…