RegTech Insight Blogs The latest content from across the platform
More Uncertainty Around PRIIPs Compliance Deadline
Uncertainty around the compliance deadline for EU regulation Packaged Retail Investment and Insurance Products (PRIIPs) was underlined this week when the European Parliament voted against the Level 2 Regulatory Technical Standards (RTS) supplementing the regulation. PRIIPS is due to take effect on 31 December 2016, but this second vote objecting to the RTS brings the…
Tumbling Down the Rabbit Hole
By Christian Voigt, Senior Regulatory Adviser at Fidessa With much of the MiFID II Level 2 text close to being finalised, the markets continue to dive even deeper into the details and home in on Level 3 material, such as the Q&As and ESMA guidelines. One such detail lies in the phrase “traded on a…
Sapient Releases Synapse Platform to Support Data Usage and Requirements Management
Sapient Global Markets has released Synapse, a hosted platform designed to help business and technology users manage data requirements and metadata, accelerate project delivery, and increase accountability. The platform brings together siloed metadata to create a more efficient way for firms to track, view and analyse data usage and understand how user actions affect other…
Consortium with the Enemy
By Dan Barnes Capital markets are built on the bones of old consortia. Now, the revolution expected of securities markets from the adoption of distributed ledger (DL) or blockchain technology, which offers transparent and irrefutable transaction chains, is in the hands of five such groups, many with common members. Blockchain could make some industry processes…
SmartStream Names Peter Moss as CEO of its Reference Data Utility
SmartStream Technologies has named Peer Moss, former head of Thomson Reuters Financial division, as CEO of its Reference Data Utility (RDU). Moss joins the company after 25 years with Thomson Reuters, during which time he set up the Thomson Reuters Enterprise business, was responsible for the data and technology operations of the Financial Markets business…
Talking Intelligent Trading with Andrew Delaney: The Emergence of the MiFID II Ecosystem
It’s back to school week and so we found ourselves back in town, hearing all about Colt’s new MiFID II Ecosystem, based around access points offered by its Colt PrizmNet financial extranet. The premise is relatively simple: why not use PrizmNet as the conduit to a range of MiFID II-relevant partner applications? At a function…
Everything You Need to Know About MiFID II
The deadline for MiFID II compliance has been delayed to January 2018, but it remains tight with firms continuing to implement projects that satisfy the directive’s rules on issues including regulated trading platforms, algo testing, high frequency trading and surveillance. There is also work to be done on record-keeping, voice recording, and trade reconstruction. And…
How to Solve the Problem of Sanctions and Related Securities
In an increasingly hostile world, monitoring sanctions lists, politically exposed persons and other watch lists has become complex, but the buck doesn’t stop here with financial institutions needing to monitor and manage not only sanctions lists, but also securities related to sanctioned domiciles and companies. This is not as easy as it may first appear….
PRIIPs Compliance Deadline Uncertain as Regulatory Technical Standards Rejected
The European Union’s upcoming regulation on Packaged Retail Investment and Insurance Products (PRIIPs), which requires banks and insurers to provide a Key Information Document (KID) to retail investors, has hit a bump in the road following the rejection of Level 2 Regulatory Technical Standards (RTS) for the regulation by the Economic and Monetary Affairs (ECON)…
Dates for your Diary – Data Management Review Events
As the summer season comes to an end and holiday makers return to their desks, here at Data Management Review we are working on an exciting programme of activities that we would like to invite you to take part in. We start the autumn season with a number of topical webinars covering issues including client…