A-Team Insight Blogs The latest content from across the platform
European Parliament Adopts Banking Reform Package – Including Revised Rules on Capital Requirements (CRR II/CRD V) and Resolution (BRRD/SRM)
It has taken almost two years, but the European Parliament on April 16 finally endorsed the banking reform package proposed by the European Commission back in November 2016: covering key elements including the revised rules on capital requirements, and updating the framework of harmonised rules established in the wake of the financial crisis (the so-called…
Cappitech Launches New MiFID II Market Intelligence Product
Cappitech, an Israeli provider of regulatory reporting and intelligence solutions, on April 15 announced the launch of RTS 28 Market Intelligence, an electronic surveillance and analytics tool to assess firms’ best execution capabilities across all asset classes and benchmarks performance to the industry average. The new tool, says the firm, will enable financial institutions to…
KRM22 Launches Conduct Risk Training Offering through Global Risk Platform
KRM22, a technology and software investment company focusing on risk management in capital markets, today announced a new partnership agreement with Dutch online training firm Entrima to make its online training portal, the Market Abuse Centre, available to buy through the KRM22 Global Risk Platform. The three training programmes available are SMCR, Market Abuse and…
Interxion Builds for Trading Stack Transformation at New LON-3 Facility
Interxion’s new state-of-the-art LON-3 data centre facility in London’s Brick Lane – which came onstream last year – aims to offer new space and capabilities for financial firms, liquidity providers and execution venues seeking sophisticated facilities for connectivity and trading. Interxion is stressing the new facility’s core attributes of location, regulatory compliance and latency as…
Data Governance a Top 2019 Priority, Says Syncsort
According to a new survey from Syncsort, a US-based provider of Big Iron (aka mainframes) to Big Data software, many firms are still struggling to make data accessible and get value from it, with 68% of respondents reporting that siloed data negatively impacts their organization. The 2019 Data Trends survey found that most IT departments…
RapidLEI Reports Robust Q1 Results, Plans New Partnerships
RapidLEI from Ubisecure, the GLEIF accredited Legal Entity Identifier (LEI) issuer specialising in the automation of the LEI provision process, has reported an LEI growth rate exceeding 135% for the first quarter of 2019. The issuance data, as published by the GLEIF, represents a strong beginning to 2019 for the firm; as well as a…
VIRTUAL ROUNDTABLE: Fundamental Review of the Trading Book (FRTB) – The when, the why and the how…?
With implementation just around the corner, FRTB should be at the top of every bank’s agenda. In advance of A-Team Group’s hotly anticipated Breakfast Briefing on May 14, we gathered together a group of experts to discuss the essential issues and top priorities that firms should be focusing on in the run-up to D-Day… One…
A Catalogue of Errors: Regulators Fine Standard Chartered Bank a Further $1.1bn for AML Violations
The UK’s Financial Conduct Authority (FCA) has fined Standard Chartered Bank £102.16 million for Anti-Money Laundering (AML) breaches in two higher risk areas of its business, the regulator announced last week. US authorities have also fined the bank around $947 million over allegations that it violated international money laundering sanctions against countries including Iran. The…
Refinitiv Redistributes MarketAxess Fixed Income Market Data Through Elektron
Refinitiv and MarketAxess have agreed to redistribute MarketAxess fixed income market data to Refinitiv’s customers via the Elektron Data Platform. The data made available through Refinitiv as a part of the agreement includes MarketAxess’ Composite+ and Axess All pricing tools. Composite+ is an algorithmic pricing engine for corporate bonds that leverages a range of proprietary…
Apiax Opens London Branch in Midst of Brexit Turmoil
The uncertainties surrounding Brexit are increasing the need for efficient compliance solutions and in yet another example of overseas firms benefiting from the current uncertainty, Swiss solutions provider Apiax on Tuesday confirmed the launch of a new London office to leverage UK opportunities in the Regtech space. The Zurich-based RegTech startup, which offers financial institutions…