RegTech Insight Blogs The latest content from across the platform
SEC Launches Online Reference Site for AML for Mutual Funds
Originally appeared in MiFID Monitor The Securities and Exchange Commission (SEC) has unveiled a new one-stop online reference site to assist mutual funds in their anti-money laundering (AML) compliance efforts. It has also launched a new centralised phone line specifically for securities firms to report the filing of a suspicious activity report (SAR) that may…
Broadridge Completes Acquisition of Investigo as Part of EDM Push
Broadridge Financial Solutions has successfully completed the acquisition of Investigo Corporation as part of its plans to strengthen its positioning in the enterprise data management (EDM) and compliance space. According to the vendor, this acquisition complements a number of its initiatives targeted to support the wealth management strategies of its customers and Investigo’s products and…
DTCC Appoints Burton VP of Product Risk and Strategy
The Depository Trust & Clearing Corporation (DTCC) has promoted Jisun Burton to vice president of product risk and strategy. In her new role, she will be responsible for the risk activities of DTCC OTC derivatives subsidiary DerivServ. Burton will be responsible for managing risk associated with all OTC derivatives products, operations, and regulatory issues. She…
Wolters Kluwer Financial Services Buys Compliance Online
Originally appeared in MiFID Monitor Wolters Kluwer Financial Services has purchased Compliance Online, an online compliance information provider focused on regulatory information, analysis, news and value-added commentary for the UK’s financial services market. Compliance Online provides UK customers with explanatory regulatory information to help the customers understand how to conduct business under the Financial Services…
Interactive Data Connects to GGY’s Axis for Fixed Income Analytics
Interactive Data Corporation has added an interface to the BondEdge structured finance cash flow engine and library through GGY’s Axis system. The Axis system’s pricing, valuation and modelling tools can now be used for the complex fixed income securities modelled by Interactive Data Fixed Income Analytics. According to the vendor, the fully integrated offering is…
Know Your Counterparty: The Importance of Centralised, Quality Counterparty Data
By Rick Enfield, product business owner at Asset Control The rise of alternative investment classes and derivative products corresponds with an increase in the number of counterparties financial institutions are dealing with today. While financial institutions have kept a close watch on systemic and operational risk factors, additional levels of investment complexity, coupled with a…
Microsoft Acquires Data Quality Software Vendor Zoomix
Microsoft has signed an agreement to purchase Israeli start-up and enterprise data management vendor Zoomix, which was founded in 1999. According to Microsoft, the acquisition will allow it to provide customers with a data quality solution and further enhance its plans to make the SQL Server a “complete data platform for all data management needs”….
FOW Tradedata Launches MiFID Compliant Futures and Options Symbology
Originally appeared in MiFID Monitor Futures and options reference data vendor FOW Tradedata has added symbology for prescribed European futures and options markets under MiFID’s mandatory transaction reporting requirements to its Xymbology service of Alternative Instrument Identification (AII). Gregg Whitbread, product manager for Xymbology, explains: “It was a natural extension of FOW Tradedata’s service offering…
Long Live STP?
This month I received clarification from our readers that despite years of hearing its doom foretold, STP is not yet dead and buried. In fact, it’s a key driver for investment in reference data management solutions, according to more than half of the respondents to Reference Data Review’s recent online readers’ poll. When asked to…
DTCC to Spearhead XBRL and ISO Semantic Interoperability Drive
Following the announcement last month that the Securities and Exchange Commission (SEC) has issued rules requiring large publicly held US companies to adopt extensible business reporting language (XBRL) for their financial reporting, the Depository Trust & Clearing Corporation (DTCC) has released plans to spearhead a campaign for semantic interoperability between XBRL and ISO message types…