RegTech Insight Blogs The latest content from across the platform
Cicada Positions Profiler to Help with MiFID Obligations
As the first UK clients prepare to go live on Profiler, Cicada’s client data solution originally designed to help financial institutions comply with anti-money laundering (AML)/know your customer (KYC) regulations, the vendor is positioning the system as a solution for MiFID compliance. “Part of MiFID is certainly price transparency, but another part of it is…
Xcitek Creates New Role for Fred Falcones
Fred Falcones has joined Xcitek in the newly created role of product specialist for XSP. In his new role Falcones, formerly senior project manager of global custody/corporate actions for ICS Consultants, will be responsible for leading review workshops, conducting product demonstrations and providing technical expertise to support all aspects of XSP, as well as providing…
Northern Trust Hires Andress from Commerzbank to Head Up Global Derivatives Operations
Northern Trust has hired Stephen Andress to head up its global derivatives operations. He will oversee the strategic development of its back office derivatives processing infrastructure, team and capabilities. The role is new and has been created by Northern Trust in response to the increasing use of derivatives by its investor and fund manager clients….
As Schueneman Leaves Omgeo Management Board, Merrill’s Devine and Northern Trust’s Doan Step Up
Omgeo has appointed John Devine of Merrill Lynch and Marianne Doan of Northern Trust to its board of managers. Diane Schueneman of Merrill Lynch, a five year veteran of the board, has retired her position due to increased leadership responsibilities at her firm. The 12 members of the board are responsible for representing the interests…
A-Team Expands with Addition to Team of Harris, George
A-Team Group, publisher of Reference Data Review and other titles, has expanded its team to support its ongoing growth. Thea George, a well known and highly respected journalist, joins us from STP Magazine where she was editor for a number of years, to become editor, A-Team Publications. She will be taking over as editor for…
CheckFree eVent Adds FT Interactive Data’s ISO 15022 Corporate Actions
CheckFree Corp. has developed an ISO 15022-compliant interface to FT Interactive Data’s corporate actions data feed for its eVent corporate actions processing platform. As a result, eVent clients will be able to receive, process and share corporate actions data without the need to convert to and from proprietary formats.
Principia Adds S&P Structured Finance Evalutions
Principia has added Standard & Poor’s Securities Evaluations structured finance evaluated pricing service to its Principia Structured Finance Platform. The addition is aimed at enhancing the platform’s cross-asset monitoring, end-of-day processing and risk management capabilities.
Can Corporate Actions Automate Without Wave of Regulatory Stick?
Despite a myriad of available software solutions aimed at automating corporate actions processing, industry participants can relish the prospect of unreliable data and manually intensive processing for some time to come. That’s among the findings of new research from TowerGroup that suggests that corporate actions processing remains one of the major roadblocks standing in the…
Reuters Taps Nelson for DataScope Select in Asia
Reuters has relocated Barnaby Nelson to Hong Kong, from London, to head up its DataSelect initiative in Asia. Nelson, previously part of the DataScope team in London, will lead a team of five salespeople and one product specialist. His former role in Europe is being covered by Oliver Smith, who recently joined Reuters from Bloomberg,…
Harcourt Joins Standard & Poor’s from FT Interactive Data
Steven Harcourt has joined Standard & Poor’s European Structured Finance team, as senior structured finance evaluator, after spending seven years at FT Interactive Data and four years at Merrill Lynch. Harcourt will continue to develop the team’s new European ABS/MBS Evaluation model, reporting to Peter Jones, director of securities evaluations at Standard & Poor’s in…