A-Team Insight Blogs The latest content from across the platform
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…
Limited In-House Skills Drive Financial Services Firms to Focus on Outsourcing
Financial services firms continue to play into the move to outsource technology services, citing their reasons as a preference to use qualified experts with industry knowledge, limited skills in the market, and cost efficiency. According to research commissioned by Asset Control, 49% of senior decision makers in financial services organisations listed ‘we prefer to use…
Refinitiv Outlines Development of Machine Learning and Data Science
Machine learning and artificial intelligence (AI) are finding key use cases in risk management, performance analysis and trade idea generation, suggesting the technologies have moved beyond the experimental stage to become core components of business strategy and investment. Development is being driven by growing numbers of data scientists employed by financial organisations. The barriers to…
Can Data Management Solve Fund Managers’ Pricing Predicaments in Fixed Income?
With ‘transparency’ becoming a buzzword for investors, Joseph Cordahi, Product Strategy Director at NeoXam, explains why smarter data management holds the key to EU based fund managers solving the fixed income pricing and valuations dilemma. Few topics spark dialogue in the world of finance more regularly than the struggle to secure accurate fixed income valuations…
Torstone Acquisition of Percentile Delivers More than the Sum of its Parts
Torstone Technology’s recent agreement to acquire Percentile will add risk management and compliance technology to the company’s post-trade securities and derivatives processes, making its Inferno platform a full-service, cross-asset, global post-trade solution. The deal will also add a compliance solution for Fundamental Review of the Trading Book (FRTB) regulation to Torstone’s portfolio. The acquisition will…
TradeStation Crypto Prepares Next-Gen Trading Platform Powered by Deltix CryptoCortex
TradeStation Group subsidiary TradeStation Crypto will use Deltix’s CryptoCortex solution in its next crypto platform, which is designed to target traders seeking improved price discovery and deeper liquidity. TradeStation Crypto plans to leverage Deltix’s CryptoCortex solution for its crypto brokerage business and aims to deliver better execution prices for traders’ cryptocurrency orders. CryptoCortex will allow…
Broadway Acquisition of Barracuda FX Expands Product Suite
Broadway Technology plans to deliver multi-asset solutions across more parts of the investment lifecycle and help clients automate additional workflows following its acquisition of Barracuda FX. The company, a provider of high-performance fixed income and foreign exchange solutions, has taken on the full Barracuda FX team and will operate the company independently under the auspices…