RegTech Insight Blogs The latest content from across the platform
Bloomberg Extends BVAL to Cover Derivatives Valuations: Open and Transparent?
First it claimed to be “open” and now it’s looking to be transparent: data giant Bloomberg has this week extended its valuation service to include pricing services for OTC derivatives. As part of its wider push in the financial services data space this year and in line with the efforts of its main competitors in the…
Eagle’s Chairman Maiuri Adds Customer Focused BNY Mellon Asset Servicing Role to his Remit
Eagle Investment Systems’ chairman Lou Maiuri has added another role to his CV in the form of head of US financial institutions for the vendor’s owner BNY Mellon Asset Servicing’s new Global Financial Institutions (GFI) group. In this new role, which adds to his global head of outsourcing responsibilities for BNY Mellon Asset Servicing, Maiuri…
Broadridge Announces New Tax Forms Plus Solution
Broadridge Financial Solutions today announced the rollout of Tax Forms Plus, a new application providing automated tax form processing for securities broker-dealers throughout Canada. With the Tax Forms Plus system, the creation, amendment, duplication and cancellation of a client’s tax forms has been dramatically streamlined, simultaneously offering enhanced scalability, security and flexibility. In addition, the…
UK FSA Warns Will be Examining Firms’ Data Practices Around AML
The UK Financial Services Authority (FSA) has given the industry a heads up in its latest newsletter that it will be scrutinising firms’ systems and controls around anti-money laundering data, especially for politically exposed persons (PEPs), over the course of the next five months and going into next year. Details of the regulatory project are…
JPMorgan’s D’Angelo Adds Reference Data Role to His CV
After more than seven years with investment banking group JPMorgan Worldwide Securities Services, Ludwig D’Angelo has added a new reference data string to his financial services bow. D’Angelo, who has been focused on the front office as North American regional manager for trading technology for the last five years, is now in charge of the…
WestLB Benefits from Vendor Collaboration for Data Management and KYC Efforts, Says Feast
German bank WestLB has benefited from the collaboration of all of the vendors involved in its know your customer (KYC) driven data management project, according to Sarah Feast, executive director of operations control for the bank. The bank took the decision to centralise its customer data in its Dusseldorf operations back in 2006 and has…
The Ripple Effect
The news last week that entity and counterparty data specialist provider Avox had been snapped up by a willing party in the form of the Depository Trust & Clearing Corporation (DTCC) comes as no surprise on either front. But what does the sale mean for the other main entity data focused vendor on the scene,…
Xtrakter’s Response to CESR MiFID Review Highlights Costly Challenges of Client Identification
Following the publication of the Committee of European Securities Regulators’ (CESR) consultation papers on MiFID earlier this year, industry groups have submitted their responses to the proposals, including providing feedback on the potential data costs and system requirements to cope with the changes. To this end, the British Bankers’ Association (BBA) and Xtrakter Transaction Reporting…
Advent Enters into Agreement with SuperDerivatives to Provide Pricing and Analytics Services to Geneva Clients
Advent Software, a provider of software and services for the global investment management industry, today announced that it has entered into an agreement with SuperDerivatives, to offer their multi-asset web analytic system and revaluation services to clients of Geneva, its portfolio management and fund accounting solution. SuperDerivatives provides real-time pricing for simple and complex derivatives…
Attachmate Tackles Insider Fraud with Luminet
Attachmate Corporation today announced the availability of Attachmate Luminet, an enterprise fraud management solution that takes the guesswork out of application monitoring. Luminet reveals user activity within enterprise applications and transforms the data into actionable intelligence, allowing organisations to protect the privacy of mission-critical data, reduce internal fraud and enable regulatory compliance. Insider fraud and…