A-Team Insight Blogs The latest content from across the platform
MiFID II Effects On Order Handling and Reporting Requirements Emerge
The specifics of MiFID II compliance have become clearer with new guidance from the European Securities and Markets Authority (ESMA), and increased understanding of best execution and transparency parts of the regulation among industry professionals. In ESMA’s recent question and answer statement on MiFID II, the authority specified what data must be published and reported…
Blockchain Venture Attracts Firms With Customization
The CME Group and blockchain technology provider AlphaPoint, in collaboration with the UK’s Royal Mint, have launched a digital gold trading product that aims to bring more financial institutions into gold trading and allow its users some open source parts on which they can build customized functions. Royal Mint Gold (RMG), the digital gold trading…
The Latest PRIIPs RTS
By Ronan Brennan, chief technology officer, Silverfinch The European Commission has published what is hopefully the final iteration of the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulatory Technical Standards (RTS), and with the European Parliament announcing that it has no objection to the new RTS, the industry has finally arrived at a point that…
Numerix Gets Real-Time Enhancements
Risk technology company Numerix’s acquisition last month of TFG Financial Systems is a first step in adding a “deeper bench of analytics” for pricing and risk to its Oneview Enterprise Platform, according to Steven O’Hanlon, CEO and president of the company. TFG Financial Systems offers real-time risk, profit-and-loss and position management services, including dependency graph…
Webinar Discusses Data Management Processes in Run up To MiFID II Compliance
The 3 January, 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) is approaching fast, so how ready are financial institutions to meet the directive’s requirements and what outstanding data management challenges do they face? A recent A-Team Group webinar answered these questions and more, highlighting the need to get cracking on…
AI Depends On Collecting Adequate Data and Organizing Correctly, Experts Say
Capitalizing on internal data repositories, deciding how to stage data, choosing data wisely and achieving semantic interoperability are all ways in which firms can better apply emerging artificial intelligence (AI) technologies for greater data quality and insight based on data, according to experts who spoke at the Data Management Summit hosted by A-Team Group in…
Sterling Buy-Side Platform Adds Clearpool Algo Management
Sterling Trading Tech is adding to its Sterling Trader Elite buy-side platform, which offers algorithmic order entry, bringing on Clearpool Group’s Algorithmic Management System, according to Jim Nevotti, president of Sterling Trading Tech. Users of Clearpool’s system will be able to access Sterling algorithmic trading and order management tools. “Clearpool is growing and getting visibility,”…
BCBS Says Bank Compliance with Risk Aggregation Principles is Unsatisfactory
The Basel Committee on Banking Supervision (BCBS) reports that the level of compliance with its principles for effective risk data aggregation and reporting is unsatisfactory at globally systematically important banks (G-SIBS). It urges the banks to step up their efforts and recommends that they should develop clear roadmaps to achieve full compliance, supervisors should communicate…
Why You Should Think About TCA Earlier When Trading
Transaction cost analysis (TCA) is mostly viewed as an after-the-fact function, or at best, a task that is performed alongside transactions in real-time. However, some service providers are beginning to think about and develop “pre-trade” TCA as a new element of risk management. Pre-trade TCA also could re-shape data management by accounting for smart order-routers’…
ANNA DSB Opens Test Platform for OTC ISINs and Outlines Further Plans
The Derivatives Service Bureau (DSB), a subsidiary of the Association of National Numbering Agencies (ANNA) designed to issue ISIN identifiers for OTC derivatives under Markets in Financial Instruments Directive II (MiFID II), has opened its user acceptance testing platform to the industry. The platform provides near real-time allocation of ISINs for OTC derivatives and generates…