A-Team Insight Blogs The latest content from across the platform
TNS Bolsters Global Presence with Acquisition of BornTec’s Managed Hosting and Colocation Services
Transaction Network Services (TNS), provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community, has announced the acquisition of the managed hosting and colocation business of BornTec, a real-time data analytics provider. The deal further expands TNS’s global connectivity footprint and builds on previous strategic acquisitions, including R2G and NetExpress….
Risks and Concerns with Generative AI – What Financial Institutions Need to Consider
By Jennifer Clarke, Head of Content, Global Relay. With use cases for AI becoming more commonplace, many compliance teams have begun to employ AI-driven tools to assist with ordinary tasks including regulatory change management and surveillance. However, as with most new technologies, as innovation around generative AI increases, various new risks and challenges emerge. Potential…
Kaizen Acquires Red Deer to Add Surveillance to Compliance Platform
Kaizen Reporting has acquired Red Deer, a provider of integrated compliance solutions for surveillance and research workflows. Red Deer’s surveillance and research tools will be available via the Kaizen Hub, a web-based platform for accessing a range of compliance tools. Terms of the deal weren’t disclosed. The Red Deer platform aims to help middle office…
Scope 3 Data Remains Weak Spot for ESG Disclosure
International Earth Day, which will be marked on Saturday, comes around as the ESG disclosure space becomes increasingly preoccupied with solving one of its thorniest problems: gathering quality Scope 3 emissions data. The subject has gathered pace as regulators around the world, and in particular the US’ Securities and Exchange Commission (SEC), grapple with ways…
Bloomberg Updates Tool to Navigate SFDR Moving Target
The perils of building tools to help investors navigate fast-changing regulations were highlighted last week as Bloomberg unveiled enhancements to its product for assessing companies in accordance with the European Union’s Sustainable Finance Disclosure Regulation (SFDR). No sooner had the updated data-packed technology been made available to the company’s clients than the EU’s leadership body, the European…
Florent Fabre Promoted to CEO at NeoXam, Delpla Becomes Non-Executive Chairman
NeoXam has made a senior leadership promotion with Florent Fabre, formerly group managing director, moving to the role of CEO. Outgoing CEO and NeoXam founder Serge Delpla takes the position of non-executive chairman. Fabre’s promotion coincides with a recent €100 million investment agreement between NeoXam and Paris headquartered private equity company Eurazeo, which became the…
GLEIF Extends LEI Mapping to OpenCorporates Global Database of Legal Entity Data
The Global Legal Entity Identifier Foundation (GLEIF) has linked LEIs to corresponding records in the OpenCorporates global database of legal entity data, one of the largest open databases of companies in the world. With LEIs natively available in the OpenCorporates database, cross-referencing between the datasets will facilitate a range of compliance, surveillance, and due diligence…
DSB Opens Unique Product Identifier User Acceptance Test Environment
The Derivatives Service Bureau (DSB) has opened its Unique Product Identifier (UPI) User Acceptance Test (UAT) environment and associated Client Onboarding Support Platform (COSP). Go-live of the UPI UAT environment follows publication of mandates to report the UPI in the EU, UK, US and Australia, with additional jurisdictions expected to follow. The nine month UAT…
7RIDGE Acquires American Financial Exchange to Accelerate Growth and Enhance AMERIBOR Adoption
The American Financial Exchange (AFX), an electronic exchange facilitating direct lending and borrowing for American banks and financial institutions, has announced its acquisition by 7RIDGE, a specialised growth equity firm investing in transformative technologies for financial services. The acquisition, which closed last week, aims to accelerate AFX’s growth trajectory, expand its network of members borrowing…
Behind LSEG’s Strategic Partnership with Microsoft: An Exclusive Insight
Introduction In the last 18 months, a number of tie-ups between major exchanges and hyperscale cloud providers have been announced. In November 2021, the news of CME’s $1bn investment and 10-year strategic partnership with Google was quickly followed by Nasdaq’s partnership with AWS to build a cloud-enabled capital markets infrastructure. More recently, London Stock Exchange…