RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
Details of Fatca Compliance Remain Elusive Despite Looming Deadlines
The first deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) is set for July 1, 2014 and it looks like it will stay that way, despite calls from industry participants for a delay on the grounds that they need more time to prepare and that the Internal Revenue Service (IRS) has…
Global LEI System is Here to Stay but Needs Further Development
The global Legal Entity Identifier system (GLEIS) has made its mark in the market and is here to stay, despite the continuing absence of a Central Operating Unit (COU) that will run the system, a lack of data standardisation that should be sorted out by the COU and concerns about how well entities will maintain…
Talking Reference Data with Andrew Delaney: To Utility and Beyond!
Another penny has dropped in the onward march toward outsourced enterprise data management. UBS’s decision last month to outsource its securities reference data to iGate, which is using Markit’s Enterprise Data Management (EDM) solution – the former Cadis Software – to manage the data, fulfils a strategic intent to industrialise processes where possible. Perhaps more…
BBVA Selects Markit EDM as a Central Hub for its Enterprise Data
BBVA Asset Management has selected Markit’s Enterprise Data Management (EDM) platform to centralise and streamline its data. Markit secured the contract after a competitive selection process including workshops and a final proof of concept. The platform will replace a mix of point-to-point and in-house developed data management solutions and will act as a central hub…
Vulpes Investment Management Revamps IT for Systematic Trading
Vulpes Investment Management is revamping its technology infrastructure as it moves out of volatility trading and into systematic trading. The revamp includes implementation of OneMarketData’s OneTick stream processing and tick data management solution for quantitative research, modelling and strategy development, as well as a Tora electronic trading platform and portfolio management system, Redis in-memory database…
Onix Solutions and VDIware Plan to Extend Nanotick Historical Market Data Service to Venues beyond the CME
The Nanotick high-precision historical market data service developed by Onix Solutions (OnixS) and VDIware is to be extended beyond its initial scope as a service for the Chicago Mercantile Exchange (CME) with coverage of additional venues across Europe and North and South America due to come on stream next year. The joint initiative was set…
SAP and SAS Partnership Develops In-Memory Analytics for Big Data
SAP and SAS have signed a strategic agreement to develop data management and analytics solutions that allow SAS’s analytics applications to run on SAP’s HANA in-memory platform. The aim is to deliver real-time data analysis, with early solutions due in the first half of next year. The partners plan to develop high-performance solutions across a…
Q&A: Supermicro’s Don Clegg on Accelerated Processors For Performance and Cost Reduction
Intel’s new Ivy Bridge processor is driving new server technologies that the financial markets are keen to adopt. But in today’s cost-reduction environment, it’s not just about top performance – through accelerated CPU clock speeds – but also how to roll out and operate in a cost effective way – which brings in server density,…
Market Surveillance Requires Systems that are Lean, Fast and Flexible
In a highly regulated trading market that is growing in complexity, yet must prove transparency, market surveillance is a significant challenge – but it can be addressed using technologies that span systems and data management, and deliver real-time alerts of potential abuse in the market. The pressing issues of surveillance and how best to tackle…
Recorded Webinar: The Data Challenge in Market Surveillance
This webinar has passed, but you can view the recording here. Since the start of the financial crisis, market surveillance has been a high priority issue across capital markets. Buy-side and sell-side firms have stepped up their game, and so, too, have regulators. The need for accurate, real-time surveillance will continue to escalate as market…