RegTech Insight Blogs The latest content from across the platform
Capgemini Signs up BNY Mellon to Reference Data Utility Platform
Capgemini has signed up BNY Mellon as the second client of its reference data validation utility, according to sources familiar with the arrangement. The deal is an important one for Capgemini – which acquired the utility as part of its $4 billion acquisition of iGate two years ago – as it marks the first commercial…
MiFID II – Are we nearly there yet?
The Financial Conduct Authority’s (FCA) publication of its final policy statement on the implementation of Markets in Financial Instruments Directive II (MiFID II) early this week underlines the mantra of ensuring transparency around processes and the protection of client money. It clarifies issues around provisions including inducements in relation to research, best execution and taping,…
Industry Looks to Market Data for FRTB Compliance
Although regulatory authorities may be giving the financial industry more time to comply with Fundamental Review of the Trading Book (FRTB) guidelines on market risk and capital adequacy, firms are finding they need to improve their market data management to be ready. The Basel Committee on Banking Supervision, architect of FRTB, has set its effective…
Framework Develops Data Management Tools for Private Equity Investment Firms
Framework is addressing the reference data management challenges of private equity investment firms with a data hub and self-service reporting and analytics tool set. While private equity technology implementation lags that of other investment sectors, Framework is following the latter’s lead with a centralised approach to data that is designed to help firms navigate the…
Why Packet Capture Matters For MiFID II Compliance
Firms are catching on to the importance of packet capture for the real-time trade surveillance that MiFID II will require when it takes effect at the start of 2018, according to trading technology and regulation experts who spoke in a webinar hosted by Intelligent Trading Technology on June 27. The definition of network packet capture…
Lighter Regulatory Reform is an Opportunity for Data Management Best Practice
By Martijn Groot, Vice President of Product Strategy, Asset Control The implications of a potential roll back on regulation, from Dodd-Frank to a new level of commitment to European Market Infrastructure Regulation (EMIR) and Markets in Financial Instruments Directive II (MiFID II) as a result of Brexit negotiations, are hard to predict. While regulatory compliance,…
Data Management Approaches for the Buy-Side
Buy-side firms challenged by the need to manage more data, increase data quality, address margin pressures and identify new business opportunities are investing in transformational data management programmes that will catapult their capabilities ahead of those of comparable sell-side firms. Buy-side approaches to data management and their progress were discussed during a recent A-Team Group…
GoldenSource Integrates eXtremeDB to Speed Up Regulatory Response
GoldenSource has integrated its Risk Master platform with McObject’s eXtremeDB to deliver an enterprise data management (EDM) solution capable of responding to regulations demanding fast access to vast data volumes. Initial use cases of the integration include compliance with Fundamental Review of the Trading Book (FRTB) regulation and the best execution elements of Markets in…
Enterprise Data Management and Data Governance – Two sides of the same coin?
By Andrew Sexton, sales and marketing director, Curium Data Systems There is no doubt that data governance is rising up the agenda at many financial institutions, driven both by an increasing regulatory focus on good data as well as a firm’s internal focus on improving data quality and applying ‘fit for purpose’ data to key…
MiFID II Drives Widespread Market Data Operations Changes
As the largest European exchanges, along with many other European trading venues, change or update systems to be compliant with MiFID II provisions concerning best execution, firms are finding they must also update the way they interact with these exchanges and venues. Market data and automated trading order execution systems provider Redline Trading Solutions has…