About a-team Marketing Services

RegTech Insight Blogs The latest content from across the platform

Joint Forum Paper Calls for New Entity Data Standards and Repositories for Derivatives Data

Following on from the publication of its risk related papers at the end of last year, the Basel Committee on Banking Supervision (BCBS) in cooperation with the Joint Forum has produced a new all-encompassing review of international financial market supervision. The review includes recommendations to introduce new data standards across regulatory jurisdictions with the aim…

Swift’s Church Explains How Reference Data Could Fit into 2015 Strategy

At the end of last year, Swift threw out a few tantalising titbits about its potential future role in the securities reference data space, including the opportunity for Bank Identifier Codes (BICs) in entity identification and its position on the European Central Bank’s proposed utility. However, Swift is in the midst of its 2015 strategy…

Italian Central Bank Director Stresses Importance of Regulatory Data Consistency Across Europe

In light of the increase in cross border activity and foreign financial institution entry into European domestic markets over recent years, Anna Maria Tarantola, deputy director general of the Bank of Italy, has been talking up the need for common information sharing methodologies and central databases across Europe. Last year, Tarantola discussed these issues with…

EMC to Acquire Archer Technologies, Provider of IT Governance Risk and Compliance Software

EMC Corporation today announced that it has signed a definitive agreement to acquire Kansas-based Archer Technologies, a privately held provider of governance, risk and compliance (GRC) software. The acquisition will build upon EMC’s expertise and leadership in helping customers better visualise and manage risk throughout their IT infrastructure. EMC’s acquisition of Archer is expected to…

OECD Talks up Data Quality Issues Within Regulatory Databases

At the end of 2009, the Organisation for Economic Cooperation and Development (OECD) added to the long list of regulatory papers highlighting the importance of data quality in the oversight function with a paper on regulatory systems. The regulatory policy committee report, Indicators of Regulatory Management Systems, highlights the need for greater consistency in terms…

Japanese FSA Produces Reform Blueprint, Bank of Japan’s Shirakawa Talks up Risk Management

The Japanese Financial Services Agency (FSA) has released its blueprint for an overhaul of the country’s financial services regulatory framework, including forcing more transparency in the OTC derivatives markets, new trade reporting requirements and risk management provisions. Last week, the governor of the Bank of Japan, Masaaki Shirakawa, also spoke about the importance of Japanese…

Schooley Appointed General Manager of Broadridge’s Mutual Funds Proxy Services Business

Broadridge Financial Solutions today announced the appointment of Peggy Schooley as general manager of its Mutual Funds Proxy Services business. She joins Broadridge from Evergreen Service Company, where she served as president since 2005. Evergreen Service Company is a subsidiary of Evergreen Investment Company, part of the investment management business owned by Wells Fargo &…

EDM Council’s Atkin Elaborates on the Industry Group’s Progress This Year

Following on from last week’s holiday party and end of the year meeting, EDM Council managing director Mike Atkin has produced a 2009 update report on the data industry group’s progress this year. The work of the group has proved sometimes controversial, but the EDM Council certainly cannot be accused of resting on its laurels….

Operational Risk Could be Data’s Best Friend

By Daniel Simpson, CEO of Cadis The story is one we’ve heard before – we’ve slowly come to recognise the importance of an issue, some of us have even started to do something about it but mostly it’s much discussed and remains on the ‘to do’ pile. So what is the tale this time? That…

UK FSA Slaps London Branch of Toronto Dominion Bank with £7m Fine for Pricing Failures

In the first of what could represent an avalanche of related fines for the financial services community, the UK Financial Services Authority (FSA) has this week fined the London branch of Toronto Dominion Bank £7 million for repeated systems and controls failings around the pricing of sophisticated financial products. This is the bank’s second fine…