Data Management Insight Blogs The latest content from across the platform
IMS Responds to Government’s Money Laundering Consultation
The IMS Group (IMS), the compliance and regulation consultant, has today responded to the Government’s consultation on reviewing Money Laundering Regulations 2007. The consultation period closes on 30 August 2011. The Government’s proposals are intended to give businesses greater confidence to focus compliance on their highest risk areas and to discourage the tick-box approach taken…
BI-SAM Releases B-One 3.3 Including the SRRI Calculation to Meet KIID Requirements
BI-SAM, a leading provider of data management, performance, attribution, risk, GIPS composites and reporting solutions for the global asset management industry, today announced the release of B-One 3.3, the latest version of its award- winning platform. B-One 3.3 enables performance and reporting teams to further optimise their production value chains and focuses on helping asset…
Growth in APAC Economies Drives Netik Expansion into Asia Pacific Region
Netik, the global leading provider of financial data creation, management and distribution services and solutions, announced today a key strategic move in the Asia Pacific region with the opening of its Hong Kong office. As part of Netik’s overall repositioning strategy and to complement their existing commercial centres in New York and London, the Hong…
SEC Names Kathleen Weiss Hanley as Deputy Chief Economist and Deputy Director of Riskfin
The Securities and Exchange Commission today announced that Kathleen Weiss Hanley has been named Deputy Director and Deputy Chief Economist for the SEC’s Division of Risk, Strategy, and Financial Innovation (RiskFin). RiskFin was created in September 2009 to provide interdisciplinary analysis to help inform the Commission’s policymaking, rulemaking, enforcement, and examinations. The division encompasses the…
RBC Dexia Appoints New Director in Singapore
RBC Dexia Investor Services today announced the appointment of Eric Chua to Director of Business Development, Singapore. Mr Chua has been appointed to help drive RBC Dexia’s growth strategy in Asia for both onshore and offshore client mandates. He will report to Diana Senanayake, Managing Director, Singapore for RBC Dexia Investor Services. Ms Senanayake commented:…
Firms Likely to Wait Until November Deadline to Comply with AII Reporting Requirements, Says Xtrakter’s Dingley
Although the UK Financial Services Authority (FSA) has provided a four month window for firms to become compliant with transaction reporting using the Alternative Instrument Identifier (AII), firms are likely to wait until the final November deadline for compliance before they begin using the new derivative instrument ID, according to Christopher Dingley, product manager for…
FATCA Compliance Will Cost Banks 5 Times that of Client Money Compliance, Warns Crossbridge
Crossbridge , the financial markets consultancy, today warned that complying with the incoming FATCA legislation from the US could cost investment banks five times as much as complying with the UK’s new CASS regulations, which will be implemented in little over a month’s time. Indeed, one bank that Crossbridge is working with has assigned 40%…
ConvergEx Appoints Jim Karelas Head of Asia-Pacific Transition Management
ConvergEx Group, a leading technology company, today announced that Jim Karelas has joined the firm as head of Asia-Pacific Transition Management. In his new role, Mr. Karelas is based in Sydney, Australia and reports to Kal Bassily, head of Global Transition Management. “Jim brings with him many years of experience in the transition management space,…
Asset Control Enhances Data Coverage and Flexibility with Thomson Reuters Content
Asset Control, provider of financial data management solutions and services, has expanded the data coverage of its AC Plus data management solution with the addition of request-based content from Thomson Reuters DataScope Select, the strategic data delivery platform for non-streaming, cross-asset, global content. By accessing Thomson Reuters static content through AC Plus, customers will be…
Mikhail Terentyev Joins Otkritie Capital’s Analyst Team
Otkritie Capital, the investment banking arm of Otkritie Financial Corporation, has hired a new member for its analyst team. Mikhail Terentyev has been appointed as a consumer sector analyst at Otkritie Capital. Between 2008 and 2011 he worked as an analyst for a division within Nomura Bank. Prior to that, Mr Terentyev was a consultant…