A-Team Insight Blogs The latest content from across the platform
SimCorp Connects Its Order Manager to Bloomberg’s EMSxNET?
SimCorp and Bloomberg today announced that SimCorp’s Order Manager has joined the partnership network of Bloomberg EMSxNET, a FIX network that provides order routing to brokers connected to the Bloomberg Professional service. EMSxNET not only provides order routing facilities for SimCorp’s Order Manager customers, but also publishes trade data securely back into the customer’s Bloomberg…
Velocimetrics Adds Machine Learning to Market Data Quality Solution
Velocimetrics has integrated machine learning into its market data quality solution, which was introduced about 18 months ago and is designed to accurately assess the timeliness and correctness of market data on a real-time basis. The addition of machine learning automates the task of categorising instruments in terms of what ‘normal’ should look like for…
CFTC Technology Advisory Committee Takes Tough Stance on Automated Trading Regulation
The Technology Advisory Committee (TAC) of the US Commodity Futures Trading Commission (CFTC) reconvened this week after a 20 month intermission. On the agenda were regulation of automated trading, swap data standardisation and harmonisation, and the potential of blockchain technology. Timothy Massad, chairman of the TAC, opened discussion on the Commission’s proposed rule to address…
ESMA Consultative Working Group Expected to Influence Outstanding MiFID II and MifIR Issues
The European Securities and Markets Authority (ESMA) call for market data experts to join its consultative working group (CWG) closes in less than two weeks time, with those selected to join the group expected to have considerable influence on regulatory market data issues during their two-year term. While ESMA is unlikely to disclose information about…
Investment Data Utility Plans Pilot of its Data Quality Benchmark Service
The Investment Data Utility is planning a pilot of its peer review service that allows investment managers to benchmark the quality of their reference data, improve data input to business applications and reduce operational errors. While the utility initially supports investment reference data, particularly around securities and issuers, the company’s longer term plan is to…
Global LEI Foundation Development Plan Adds Data Quality Management and Proposes Limited Hierarchy Data
The Global Legal Entity Identifier Foundation (GLEIF) has set out development plans for 2016 including a recently introduced LEI data quality management programme and completion of the accreditation process for LEI issuers – but provision of much needed LEI hierarchy data remains sketchy, with the GLEIF saying only that it expects to design a process…
A-Team Webinar Discusses Outstanding Pain Points of Solvency II Compliance
The January 2016 deadline for Solvency II compliance passed without major incident, but looks like the end of the beginning with most insurance companies and asset managers making the deadline, but many continuing to work on aspects of the regulation not only to ensure compliance, but also to improve operational efficiency, reduce costs and gain…
Xignite Funding Round Opens Door to Asian Markets
Xignite, a provider of market data cloud solutions for fintech firms and financial institutions, has raised $20.5 million in a funding round led by Tokyo based Quick, a member of the Nikkei Group and Japan’s largest information provider. As a result of the funding, Xignite will partner Quick to deliver its data solutions in Asian…
European Commission Proposes One-Year Postponement of MiFID II Compliance Deadline
The European Commission has responded to the European Securities and Markets Authority’s (ESMA) request to postpone the compliance deadline of Markets in Financial Instruments Directive II (MiFID II) with a proposal for a one-year extension of the deadline to 3 January 2018. While the proposal, which must be approved by the European Parliament and EU…
Markit Builds Out Know Your Third Party Platform
Markit is building out is Know Your Third Party (KY3P) platform with additional customers, extended functionality and a growing commitment to help users meet standards and regulatory requirements around third-party risk management. The KY3P initiative was set up by Markit, in conjunction with Barclays, HSBC and Morgan Stanley, and introduced a service for third-party management…