RegTech Insight Blogs The latest content from across the platform
Fenergo Eyes Asset Managers with Buy-Side Push for Client Lifecycle Management
Client lifecycle management (CLM) solutions provider Fenergo is taking an ambitious jump into asset management with the launch of a strategic new buy-side division. Headed up by Kevin O’Neill, formerly the head of the US asset manager segment for the Royal Bank of Canada’s Investor & Treasury Services, the new team will focus on leveraging…
Beeks Financial Cloud Adds Cross-Connect Access to LME
By Uri Inspector, Staff Reporter High-performance Infrastructure-as-a-Service (IaaS) provider Beeks Financial Cloud has added cross-connect capability to the London Metal Exchange (LME). The facility – implemented at Interxion’s LON-1 data centre in Brick Lane in London, home to LME’s primary matching engine since May 2017 – will allow collocated Beeks clients to trade electronically on…
IBM Watson Financial Services: Focus on the First Line of Defence
Banks are spending too much money trying to comply with big-ticket regulations because the tools they are using are not efficient enough. That is the view of IBM Watson Financial Services, which is in the process of expanding its regtech portfolio based on AI and machine learning, and covering governance, risk and compliance (GRC), financial…
Eagle Investment Systems Delivers Open Platform, New Datasets and More Cloud Options
Eagle Investment Systems is responding to financial institutions’ digital transformation programmes with a componentised platform, agile data management solutions, additional cloud options, and a revolution in the release of software updates. To find out more about the company’s plans, we talked to Eagle CEO Mal Cullen about market development, client desires and the drive towards…
Cboe to Open Amsterdam Venue
Cboe Global Markets has begun post-Brexit preparations with plans to set up a MiFID II compliant share trading venue in Amsterdam. The Chicago-based exchange group, which last year acquired Bats, Europe’s largest exchange, has chosen to expand to the Dutch capital in order ‘to ensure the company is well positioned to continue to serve its…
Quant Insight Secures Funding to Expand in US and Develop Macro Analytics Platform
Quant Insight (Qi), a London-based macro research firm, has completed a funding round that will support expansion in the US and Asia, and stimulate product development. Over 80% of the multi-million dollar funding came from Qi’s clients, including sizeable investments from Alan Howard (Brevan Howard Asset Management) and Jens-Peter Stein (Stone Milliner Asset Management). Qi…
Stephan Wolf Discusses this Week’s MiFID II LEI Mandate and Emerging Digital Certificates
The MiFID II mandate requiring the use of Legal Entity Identifiers (LEIs) to identify parties to financial transactions came into play on Monday, causing barely a ripple in trading markets, but still posing problems in terms of lapsed LEIs – a problem that Stephan Wolf, CEO of the Global LEI Foundation (GLEIF), suggests could be…
DSB Issues Final Consultation Paper on User Fees and Contracts
The Derivatives Service Bureau (DSB), which is responsible for issuing ISINs for OTC derivatives under MiFID II, has released a second and final consultation paper regarding user fees and contracts for 2019. Industry feedback is invited on topics including potential changes to user support services, service level agreements and resiliency after some proposals in the first…
Addressing the Challenges of FRTB
Despite the compliance deadline of Fundamental Review of the Trading Book (FRTB) regulation being pushed back to January 2022, the time to address the challenges of the regulation is now. A recent A-Team Group Webinar explored the problems presented by the regulation, identified possible solutions, and discussed best practice implementation. The Basel Committee’s Standards for Minimal…
MiFID II: The Need for a Centralised Messaging Platform
With the pressure of initial implementation now a distant memory, MiFID II-regulated firms are turning their attention to the real work required to create sustainable long-term solutions. For many, the race to meet the January 3 deadline meant implementing temporary compliance processes that were far from perfect. Unless updated and improved, these could lead to…