Exchange Data International (EDI), a provider of corporate actions, pricing and reference data, has introduced Worldwide Equity Cost Basis, a service that enables users to track both a security’s cost basis, its evolution and its descendant’s cost basis and evolution up to the current date. The service is part of the company’s expansion into value added services.
A-Team Insight Briefs
Date: 5 March 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET The regulation clock is ticking. Financial firms, especially those subject to Phase I of implementation, are well aware of the impending April 2020 deadline for the Securities Financing Transactions Regulation. The question is, are they ready? Tactical, i.e painful, approaches to compliance...
New research conducted by McKinsey on behalf of the Global Legal Entity Identifier Foundation (GLEIF) has found that wider use of Legal Entity Identifiers (LEIs) across the global banking sector could save the industry around $2-4 billion annually in client onboarding costs alone. With estimated total industry spend on client onboarding equal to $40 billion...
Now in its 3rd year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
The current financial crisis has highlighted that financial institutions do not have a sufficient handle on their data and has prompted many of these institutions to re-evaluate their approaches to data management. Moreover, the increased regulatory scrutiny of the financial services community during the past year has meant that data management has become a key...