RegTech Insight Blogs The latest content from across the platform
Citi to Act as Proving Ground for XBRL Tagging in Corporate Actions Space
Following on from the release of its case study earlier this year, XBRL US has indicated that it is working with global custodian Citi on a pilot programme to prove the benefits of XBRL tagging in the corporate actions space. The pilot is focusing initially on tests on dividend announcements issued by American depository receipts…
Barrage of New Regulation Could Cause Death by Data Drowning, Warns ISMAG’s Gubert
The slew of new regulations entering into force over the next few years, including a new iteration of MiFID, the multiple legislative changes resulting from the Dodd-Frank Act and the Securities Law Directive (to name just a few), will result in such an increase in reporting requirements that firms may find themselves in danger of…
Are Barcodes Really the Answer to the Industry’s Ref Data Woes?
Given the repeated calls for the financial services industry to learn from other industries with regards to data management techniques, it was really only a matter of time before the idea of barcodes was mooted as a potential solution to entity and instrument identification. But is this a realistic idea or just another to add…
Netik InterView Implemented at Aberdeen Asset Management
Netik, the global financial data management and reporting vendor, is pleased to announce that Aberdeen Asset Management (Aberdeen) has successfully implemented Netik InterView and Netik Information Portal to deliver a global enterprise wide view for reporting on their outsourced accounting and internal data. The Netik InterView solution consolidates global data – transactions and valuations –…
SimCorp’s Schröter Elaborates on Decision to Partner with Aim Software for Data Heavy Lifting
SimCorp’s recently announced decision to partner with data management solution provider Aim Software was based on the desire to better support its clients’ requirements around golden copy record production, explains Marc Schröter, SimCorp’s senior vice president and head of strategic research. Up until now, the vendor has left its clients to deal with the process of…
DST Global Solutions Appoints New Business Development Manager
DST Global Solutions, a provider of technology solutions to the financial services industry, has appointed David Tryon as new business development manager. David’s primary remit is to drive new sales of AWD, the company’s business process management (BPM) solution. He is also responsible for growth of the Business Process Solutions (BPS) division of the company….
IBM and Norkom Technologies Sign Agreement with VTB
Bank VTB has signed an agreement with IBM to provide the bank with an integrated anti-money laundering system, based on a solution from Norkom Technologies. The new system will help the bank better manage risks associated with suspicious transactions. The project will be developed and implemented by IBM Global Business Services and Norkom Technologies. As…
DVS Publisher Suite Boosts Support for the Key Investor Information
DVS Publisher Suite, Princeton Financial Systems’ investment reporting solution, boosts support for Key Investor Information documents (KII), also called Key Investor Disclosures (KID). These standardised information sheets will replace the current Simplified Fund Prospectus in line with the implementation of the UCITS IV guidelines (UCITS: Undertakings for Collective Investments in Transferable Securities). KII’s standardised content…
CFTC’s Gensler Highlights Some of the Incoming Data Requirements for Swaps Repositories
The Commodity Futures Trading Commission (CFTC) is working towards defining rules for the data that must be submitted to the new swaps data repositories, which are due to be established as part of the Dodd-Frank Act. Speaking at the International Swaps and Derivatives Association (ISDA) regional conference last week, CFTC chairman Garry Gensler explained that…
Interactive Data Names Alex Goor Chief Information Officer
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that Alex Goor has been appointed chief information officer, effective immediately. Mr. Goor, 38, is responsible for development and operations across Interactive Data globally. He is based in New York and reports to Mason Slaine, Interactive Data’s chairman, president…