RegTech Insight Blogs The latest content from across the platform
DTCC GCA Launches New Web Browser Service for Real-Time Corporate Actions Data
The Depository Trust & Clearing Corporation’s (DTCC) Global Corporate Actions (GCA) business unit has launched a new web browser service that offers real-time access to its global, validated corporate action database. Brett Lancaster, DTCC vice president of GCA, explains that the service is aimed at providing a low cost entry point to often expensive corporate…
ICE US Trust is First CCP to Clear CDS Trades in US Market
Following its approval two weeks ago by the regulatory powers that be, IntercontinentalExchange’s ICE US Trust has become the first clearing central counterparty (CCP) to clear credit default swap (CDS) transactions in the US market. According to ICE, it pipped rival CME Group to the post by guaranteeing 91 swaps transactions valued at US$7.1 billion…
Data’s day in the sun
If nothing else, this month’s TSAM conference demonstrated that regulators are going to play an even more important role in data management than ever before. As Mike Atkin, managing director of the EDM Council, told delegates, the regulatory community is now actively taking an interest in how to encourage greater standards adoption in the area…
Risk and Regulation has Absolutely Raised the Profile of Data Management, Says BarCap’s Nigam
It’s all very well reading reports about the raised profile of risk management and its importance to the data management endeavour from a high level perspective, but how is this trend actually impacting the day to day lives of data management professionals? In an exclusive interview with Reference Data Review, Rakesh Nigam, managing director and…
Interactive Data Extends Business Entity Data Offering with Launch of New Service
Interactive Data’s Pricing and Reference Data business is extending its current business entity data offering with the launch of a new Business Entity Service in the second quarter of this year. The vendor has been offering a European only business entity data service, which is available as an optional module of FTS, since 2006 but…
Broadridge Signs Strategic Alliance with Oracle for Mantas Compliance Solution
Representing its third partnership agreement this month, Broadridge Financial Solutions has signed another strategic alliance, this time with Oracle Financial Services Software to offer a best practices compliance solution for financial institutions using Oracle Mantas. Under this new agreement, Broadridge hopes to offer financial institutions a one stop shop for compliance via a managed solution…
FRSGlobal Launches New Liquidity Risk Solution for Compliance with UK’s CP 08/22
Risk and regulatory reporting solution vendor FRSGlobal has launched its new Liquidity Risk solution, aimed at enabling financial institutions to meet the requirements proposed by the UK Financial Services Authority’s (FSA) Consultation Paper (CP) 08/22. According to Thomas Brouwer, product manager at the vendor, the combined risk and regulatory platform meets its customers’ demands for…
GoldenSource Joins Derivatives Bandwagon with New Valuations and Risk Management Solution
EDM vendor GoldenSource has taken the plunge and joined the derivatives data management vendor community with a new offering aimed at helping financial institutions value portfolios and manage risk for derivatives products. Neil Edelstein, senior director of product solutions at the vendor, explains that the launch of GoldenSource for Derivatives was based on both a…
CME Group Receives Regulatory Exemption from SEC to Launch CDS CCP in US
Following the approval and launch of IntercontinentalExchange’s (ICE) ICE Trust last week, CME Group has now announced that it has also been granted permission to operate as a clearing house and central counterparty (CCP) for credit default swap (CDS) transactions in the US. The derivatives exchange operator has received a special exemption from the Securities…
ISDA Introduces New Rules for CDSs, Pickel Testifies Before US Senate Committee, ICE Trust Launches
The International Swaps and Derivatives Association (ISDA) has this week introduced new rules governing the market’s dealings with credit default swaps (CDS). Robert Pickel, executive director and CEO of ISDA explained the changes in a testimony before the US Senate Committee on Banking, Housing and Urban Affairs earlier this week. The new rules cover the…