RegTech Insight Blogs The latest content from across the platform
Kroll Ontrack Launches the Next Generation of Document Review with the Introduction of Intelligent Prioritisation
Kroll Ontrack, a provider of information management, legal technologies, and data recovery products and services, today announced the launch of Intelligent Prioritisation within Ontrack Inview version 6.2. This new feature is a significant step towards adding innovative Intelligent Review functionality to its industry-leading document review tool. It empowers legal teams to conduct review in a…
RBS is in the Final Stages of Consolidating Legal Entity Database Across Wholesale Business, Says Davies
Royal Bank of Scotland (RBS) Group may have faced a substantial fine this month from the UK Financial Services Authority (FSA) with regards to failures related to its anti-money laundering (AML) checking process, but a lot of work has been going on in the background at the firm in order to get its customer database…
ABN AMRO Deploys PaceMetrics’ Assure Data Management Solution
PaceMetrics, a global provider of process-driven enterprise data management solutions, today announced that Dutch bank ABN AMRO has implemented its Assure solution to manage data across all asset classes. Now live, Assure will enable continuous management of pricing and reference data, including data cleansing and distribution to a large number of downstream systems and departments….
Industry Groups Petition Against CESR’s Proposed Client Categorisation Regime Changes Under MiFID
Industry groups and associations including the Alternative Investment Management Association (Aima), the Association for Financial Markets in Europe (AFME) and the Futures and Options Association (FOA) have all indicated that they do not wish the Committee of European Securities Regulators (CESR) to push ahead with its proposed changes to the MiFID client categorisation regime as…
Tykoczinski Joins Kinetic Partners, Bolstering Risk and Valuation Services
Isabelle Tykoczinski has been appointed a member at Kinetic Partners, and will be joining the London risk team to strengthen and develop Kinetic Partners’ current risk offering. This new appointment will further enhance Kinetic’s capabilities across the risk spectrum, backed up by proven execution capabilities, including its Risk and Valuation Services (RVS) platform and analytics….
AFME, ISDA and Italy’s Assosim Support Transaction Reporting Via Repositories, Greater Data Standardisation
The Association for Financial Markets in Europe (AFME), the International Swaps and Derivatives Association (ISDA) and Italy’s Associazione Italiana Intermediari Mobiliari (Assosim) have pledged their support for trade repositories to be recognised as valid third party reporting mechanisms under Article 25(5) of MiFID, thus instating them as official transaction reporting (and related reference data) repositories…
Rocky Starts and Political Machinations
And so the long process of implementation of the recently passed Dodd-Frank Act begins, cue the lobbying and political wrangling over key appointments, including that of the head of the Office of Financial Research. But given that there is already discussion that changes may need to be made to the reforms just three weeks after…
Reval Forms Risk and Compliance Board Committee, Hires Chief Compliance Officer
Reval, a global derivative risk management and hedge accounting solutions provider that has been managing post-trade over-the-counter (OTC) derivative contracts in its single version software-as-a-service (SaaS) platform for over a decade, announced today that it has formed a board-level risk and compliance committee and has hired a chief compliance officer in advance of its registration…
SCV Reforms Still Failing to Gain Widespread Industry Attention, Says JWG’s Di Giammarino
The 31 July deadline for submission of firms’ pre-implementation reports for compliance with the incoming Financial Services Compensation Scheme (FSCS) Single Customer View (SCV) reforms may have passed but the majority of the “great and the good” in the financial services world are still not ready to talk about the customer data changes required as part…
FRSGlobal adds two Vice-Presidents to Executive Management Committee
FRSGlobal, the industry-recognised leader in content-rich solutions for unified global regulatory reporting and risk management, today announced that it has appointed Nancy Schneier as Vice President Global Alliances and Wolfgang Prinz as Vice President Product Management. Nancy joins with over 25 years’ experience of selling and delivering technology solutions in the financial services industry, managing…