China Merchants Bank Selects Wolters Kluwer’s OneSumX

China Merchants Bank has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software in the US. The solution combines bank data into a single source of data to ensure consistency, reconciliation and accuracy. It also includes Wolters Kluwer’s Regulatory Update Service.

“The comprehensive features available in OneSumX for Regulatory Reporting provide extensive functional coverage, adaptability and scalability and these were all qualities we were looking for when selecting the software,” comments Joseph Loffredo, Assistant General Manager & Chief Financial Officer for China Merchants Bank’s New York Branch.

Verint Systems Integrates with Microsoft for Compliance Recording

Verint Systems has engaged with Microsoft to support compliance recording for Microsoft Teams. The added layer of compliance recording will enable clients to capture Teams interactions properly across contact center, back-office, and trading floor operations.

Verint has worked with Microsoft Unified Communications (UC) to provide compliance solutions for 10 years, and was one of the first recording systems to receive Skype for Business certification in 2016. Verint is currently developing a recording solution built on the future Compliance Recording APIs for Teams.

Privacy Firm OneTrust Now a Unicorn

California-based OneTrust Global Privacy, a privacy, security and third-party risk technology platform, in the second week of July completed a $200 million Series A investment led by Insight Partners. The enterprise software company, founded in 2016, is now valued $1.3 billion. OneTrust’s three primary offerings include OneTrust Privacy Management Software, OneTrust PreferenceChoice consent and preference management software, and OneTrust Vendorpedia third-party risk management software and vendor risk exchange.

KRM22 Adds SMCR Applications to Global Platform

Software investment firm KRM22 has added additional SMCR applications to its Global Risk Platform, including a partnership agreement with London-based ‘digital intelligence’ specialist Neotas to distribute and support its enhanced due diligence application. The partnership follows recent agreements to distribute Trailight’s Individual Accountability Regime application which addresses the governance requirements of SMCR, and Entrima’s SMCR Online Training. Alongside its product partnerships, KRM22 is also launching the SMCR Navigator within its Enterprise Risk Cockpit solution to assist firms in addressing their SMCR risk and compliance positions.

GoldenSource Makes Luxoft a Preferred Implementation Partner

GoldenSource and Luxoft, a digital strategy and software engineering firm, have formed a global alliance that makes Luxoft a preferred implementation and business development partner for connecting banks, brokers, investment managers and capital markets service providers with the GoldenSource enterprise data management (EDM) platform. The alliance follows Luxoft and Golden Source’s success in delivering data management transformation projects at several global organisations and will target issues including SFTR and FRTB compliance, and Libor transition.

Infini Capital Management Selects TORA OEMS for Multi-Asset Pairs Trading

Hong Kong-based multi-strategy hedge fund Infini Capital Management has selected TORA for its pairs trading solution. The firm chose the TORA cloud-based order and execution management system (OEMS) on the basis of its configurable functionality and on-the-ground support for fund trading activities. The functionality of TORA’s multi-asset, multi-region and broker-neutral pairs application was another deciding factor. The pairs trading application provides a high degree of control over execution via a series of parameters such as slicing and concurrency. There is also full support for bulk uploads and capacity to trade thousands of pairs concurrently.

TradingScreen Certifies Integration with IHS Markit thinkFolio

TradingScreen, provider of an all-asset class order and execution management system (OEMS), has announced a certified integration with IHS Markit’s investment management platform thinkFolio. The integration ensures that mutual clients benefit from a standardised and certified interface between the two platforms, which will provide scalability and reduce costs. The certification offers thinkFolio clients access to TradingScreen’s software-as-a-service EMS functionality. IHS Markit says the partnership is part of its strategy to extend thinkFolio and deliver a scalable, comprehensive and flexible investment management platform for its clients.

Woodseer Global and ULTUMUS Team Up to Deliver ETF Dividend Forecast Product

Woodseer Global, a London-based dividend forecast data specialist and ULTUMUS, a provider of data services for index and ETF data, have released a joint ETF Dividend Forecast product. Across investment banks, asset managers and fund service sectors there has traditionally been a limited choice of sources for ETF dividend forecast data, with either limited coverage or variable accuracy. Recognising market need for wider coverage and improved accuracy, ULTUMUS and Woodseer have combined ULTUMUS’ ETF compositional data with Woodseer’s dividend forecast data for relevant underlying securities. This generates accurate, bottom-up forecasts with both amounts and dates for over 1,400 ETFs.

Redline Trading Extends RedlineFeed Market Data to Cloud Solutions

Redline Trading Solutions, a provider of high-performance market data and order execution systems for automated trading, has announced availability of RedlineFeed for access to real-time and delayed exchange market data for customer solutions deployed in the cloud. The initial release includes support for US equities top-of-book streams at Amazon Web Services (AWS) data centres. RedlineFeed’s cloud infrastructure is designed for systems that need reliable, high quality market data to feed mission critical deployments. RedlineFeed in the cloud provides both real time and 15 minute delayed versions of the feed as well as historical data going back more than five years.

3di Releases Profiler Version 6 with Enriched Catalogue of Alt Data Vendors

3d innovations (3di) has launched version 6 of its vendor analysis tool Profiler, a web-based tool that provides comparative and benchmarking information on market and reference data services, and associated technologies. Version 6 provides an enriched catalogue of alternative data vendors covering multiple industries beyond financial services and delivering unique datasets from non-traditional sources that give traders, asset and wealth managers, and brokers a potential investment edge. 3di developed version 6 in response to client need to derive new insights and expects to cover up to 1,000 alternative data vendors by 2020.