RegTech Insight Blogs The latest content from across the platform
Hauck & Aufhäuser Investment Gesellschaft S.A. in Luxembourg Goes Live with Profidata’s XENTIS
n December 2010, Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG) in Luxembourg successfully went live with XENTIS, the fully integrated Investment Management System of the Swiss software provider Profidata, to support their sophisticated Fund Accounting needs. The implementation project started in February 2010, and by August, the first funds were migrated from the legacy system…
MiFID Transaction Reporting Group Meeting Highlights UK Specific Client and Counterparty ID Challenges
The UK is likely to face a significant challenge in the identification of clients and counterparties at an individual level on a national basis, as specified by the current proposals under the auspices of the MiFID review, according to participants at this week’s MiFID Transaction Reporting Group meeting. Rather than opting for firm level identification…
BNY Mellon Asset Servicing Launches New Fair Value Pricing Offering
BNY Mellon Asset Servicing has announced the launch of its new Fair Value Pricing offering, allowing clients to undertake a revaluation of equity and futures positions in markets that have closed prior to the valuation point of the fund. Principal benefits include: • More accurate asset valuation and hence a more accurate fund NAV •…
Swift’s Recently Promoted Vandenreydt Calls for Global Coordination of Legal Entity ID Standards
Following its recent submission to the US Office of Financial Research (OFR) on the subject of legal entity identification, Swift’s Fabian Vandenreydt speaks to Reference Data Review about why he feels Europe and the US are on the same page with regards to standardisation of this space. Vandenreydt, who was recently promoted to head of Securities and…
Liquidity Monitoring and UCITS Limits with MIG21
Princeton Financial Systems’ (PFS) MIG21 facilitates the implementation of two major UCITS IV requirements, as specified in Commission Directive 2010/43/EU of 1 July 2010, Chapter VI. The first requirement is the development of a liquidity management process in order to monitor liquidity risks. The second requirement is the establishment of a limit system to monitor…
Number Crunching
For those of you put off by the thought of wading through the responses received by the Office of Financial Research (OFR) last week on the subject of legal entity identification (or even reading through our rather lengthy and comprehensive guide on the subject), here are a few headline numbers to make it more easily…
Interactive Data to Provide Evaluations for US Residential Whole Loans
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that it will offer a new evaluations service for US whole loans (non-securitised residential mortgage loans). This service is expected to be available in the second quarter of this year. The new evaluations service can help financial institutions with the…
A Peek Behind the Curtain of the OFR
This week I chatted to Shaun Brady, principal at not for profit advisory firm to the US government Mitre Corporation, about some of the work going on behind the scenes on Capitol Hill regarding the selection process for a technology provider and the finding of a suitable director to head up the Office of Financial…
UPDATED: A-Team’s Comprehensive Guide to the Legal Entity ID Feedback to the OFR
The start of this week saw the passing of deadline for feedback to the Office of Financial Research on the subject of legal entity identification and it appears that a number of recurring themes crop up in the 30 different responses (updated entries included) submitted by various industry associations, including concerns about the tight timelines impacting…
Quantifi Announces 2010 Success in New Markets
Quantifi, a leading provider of analytics, trading and risk management solutions for the global capital markets, today announced that 2010 was a positive year for the firm as a result of its success in new markets, innovative product launches and industry recognition. “2010 was a busy and exciting year for Quantifi with significant new product…