RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
Oddo Asset Management Selects CounterpartyLink for Entity Data
Oddo Asset Management has selected CounterpartyLink to supply validated legal entity data and links to pre-Legal Entity Identifiers (LEIs) that will be used to support regulatory requirements such as Know Your Customer (KYC). The French asset manager has online access to CounterpartyLink’s central entity database, which includes content defined by and used by clients. Tanguy…
DMS Review: LEIs and the Focus on Entity Data
The emerging global legal entity identifier (LEI) remains far from the tipping point of acceptance across global capital markets and for some it appears as a precursor to a vast mapping exercise. But the standard is gaining ground and will form an integral element of the entity data that’s increasingly needed by companies and required…
DTCC Plans Roll Out of Global Client Reference Data Service
DTCC’s joint development of a client entity reference data utility with a number of global banks is expected to yield first results early next year, with an initial release of a client reference data service to be followed by further releases through the year. The company has signed a memorandum of understanding (MOU) with a…
InfoReach Outlines Results of TMS Integration with R Analytics Language
When InfoReach integrated the R programming language into its Trade Management System (TMS), it was responding to one client request, but interest is rising and the company expects more users of the system and its Prelude hosted trading platform to take advantage of its provision of access to R analytical language functions and trading models….
Experts Debate the Data Management Issues of Fatca
Financial institutions in the scope of the US Foreign Account Tax Compliance Act (Fatca) need to start work on compliance immediately, if they have not already done so, as deadlines are looming, the data management task is onerous and penalties for non-compliance are severe. This call for action was made in an A-Team Group webinar…
Fiserv Fatca Solution Augments Existing Financial Crime Risk Management Platform
Fiserv has added a compliance solution for the Foreign Account Tax Compliance Act (Fatca) to its Financial Crime Risk Management platform and named one of its development partners, Manulife Insurance, a global provider of life insurance and wealth management, as its first user. Called Fatca Manager, the Fiserv solution leans on the detection, workflow and…
Q&A: BSO Network Solutions’ Fraser Bell on New Frontiers for Low-Latency Connectivity
Moving into emerging markets around the globe is very much in the minds of major trading firms, and as a result, lowering the latency of access is of increasing importance. IntelligentTradingTechnology.com caught up with BSO Network Solutions managing director Fraser Bell to find out what the drivers are, and how his company is responding. Q:…
Markit Teams with Genpact to Deliver Shared Service for Client On Boarding
Markit has teamed up with business process specialist Genpact to develop a shared service dedicated to the management of client on-boarding and other know-your-customer (KYC) requirements. To ensure the service meets the on boarding needs of large financial institutions, the companies will be joined by HSBC and Morgan Stanley in an initial six-month design and…
Q&A: Embium’s new CEO Janice Robson on Rapidly Deploying Algo Strategies
Embium is the new name for Cyborg Trading Systems, providing a cloud-delivered, broker neutral, algorithmic trading platform. As well as a new name, the company has a new CEO. IntelligentTradingTechnology.com caught up with Janice Robson to find out about the past, present and future. Q: What is it about Embium that caused you to join…
Thomson Reuters Debates the Data Management Challenges of FATCA
The US Foreign Account Tax Compliance Act (FATCA) will take its toll on data management functions with most financial firms expecting know your customer (KYC) and client onboarding processes to be hit hardest by the legislation. During a webinar hosted by Thomson Reuters, participants also pointed out that FATCA is the tip of the iceberg,…