RegTech Insight Blogs The latest content from across the platform
DTCC’s Avox Acquisition Boosts its Overall Utility Approach to the Market
Given its ambitions to become an all round data utility provider for the financial services markets, the Depository Trust & Clearing Corporation’s (DTCC) acquisition of UK-based counterparty and entity data vendor Avox this week comes as no surprise. DTCC has been gradually positioning itself as a utility provider, rather than your common or garden vendor,…
DST Global Solutions Launches OTC Lifecycle Manager to Enhance Control of OTC Derivatives
In response to new market conditions and the changing regulatory landscape, challenges of operational risk and proliferation of OTC contracts faced by its clients, DST Global Solutions Investment Management Solutions (IMS) business has announced the launch of OTC Lifecycle Manager. The solution is focussed on facilitating the critical transition from deal negotiation to contract capture…
SunGard Enhances IntelliMatch Solution Suite
SunGard has enhanced its IntelliMatch solution suite to help tier one financial institutions streamline their enterprise-wide processes for reconciliation, exception management, financial governance and archiving. The enhancements include new intelligent workspaces, a new financial governance component and performance improvements. This latest release will help financial institutions increase operational efficiency, reduce risk and improve scalability and…
New Data Requirements for All as Conference Committee Passes Office of Financial Research Reforms
Following intensive discussions last week by the conference committee designated with the job of hammering out compromises on the US financial reform bill, the proposals for the establishment of the Office of Financial Research have finally been approved. The committee has published the final titles from the conference, which includes details of the data utility…
Half of Asset Manager Respondents to Citi Survey Plan to Outsource Valuation Function, 28% to Outsource Risk Management
Back and middle office functions such as evaluated pricing for illiquid instruments, data management, corporate actions processing and risk management are all on the radar for potential outsourcing by asset managers over the next three years, according to a recent survey by Citi. The survey, which involved 237 asset managers from 29 countries, indicates that…
BNP Paribas Securities Services Offers Asset Managers Ucits IV KID–compliant Reporting Packs
BNP Paribas Securities Services (BP2S) will now offer Ucits IV KID-compliant reporting packs, as part of its ongoing commitment to assist asset managers in tackling the complex regulatory landscape. Under Ucits IV, an asset management company must produce a two-page ‘key investor information document (KID)’ in a non-technical style. It must be comprehensible and allow…
Misys and Numerix Expand Global Partnership to Bring Further Innovation in Financial Instrument Creation
Misys, a global application software and services company and Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, today announced the expansion of their global partnership and distribution agreement. The two companies have been working closely together as partners since 2001 with more than 50 shared customers as a result. The extended…
The Week That Was…
This week’s financial conference on the US reform bill finally saw the Office of Financial Research come under the spotlight with Republican senator for Texas Jeb Hensarling’s motion to strike the proposals from the regulation. The details of the discussions are now publically available and it’s interesting to see the various angles of attack and…
EDGAR Online and UBmatrix to Merge, Creating Global XBRL Leader
EDGAR Online and UBmatrix today announced the signing of a definitive merger agreement that would create the first global end-to-end provider of solutions for the creation, validation and analysis of XBRL (eXtensible Business Reporting Language) content. UBmatrix is one of the original inventors of the XBRL financial standard, which is being mandated worldwide by many…
Eagle Offers Data Integration Services to Further Streamline Clients’ Implementation
Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, announced today that it now offers data integration services, a new service option within its hosted offering, Eagle ACCESS. This provides clients with reduced risk and shortened implementation timeframes by including data integration to support deployments of Eagle’s accounting and…