RegTech Insight AML, KYC & Financial Crime The latest content from across the platform
Broadridge Financial Solutions Today Acquires Palaydyne Systems for Approximately $76.5 Million
To significantly expand its services to buy-side clients, Broadridge Financial Solutions today announced the acquisition of Paladyne Systems for approximately $76.5 million in consideration subject to various adjustments. Paladyne is a rapidly growing provider of a market-leading set of solutions to enable global, multi-asset class investment managers and service providers to work more effectively, minimize…
Fast-Paced Futures
Whether you are trading Eurodollars in Chicago, FTSE 100 futures in London or Nikkei contracts in Tokyo, there is little to distinguish the style of listed futures and options trading or the regulatory requirements involved. From the trader’s perspective, the hundreds of thousands of instruments and the multitude of exchanges on which they trade are…
IMS Responds to Government’s Money Laundering Consultation
The IMS Group (IMS), the compliance and regulation consultant, has today responded to the Government’s consultation on reviewing Money Laundering Regulations 2007. The consultation period closes on 30 August 2011. The Government’s proposals are intended to give businesses greater confidence to focus compliance on their highest risk areas and to discourage the tick-box approach taken…
SEI Introduces Functionality to Support UCITS IV Requirements
SEI announced today the launch of new tools designed to assist investment managers in meeting mandatory requirements under the Undertakings for Collective Investment in Transferable Securities IV (UCITS) Directive. SEI has developed an online solution to simplify the production and servicing of the required Key Investor Information Document (KIID), while also enhancing its portfolio compliance…
Virginie’s Blog – What’s on the UK FSA’s Radar for the Next Nine Months?
Given that many data managers (and vendors) in the UK are counting on tying their upcoming data projects to new regulatory requirements, the Financial Services Authority’s (FSA) recently published milestones for the next nine months could prove useful in setting the agenda for the next three quarters. The list of regulatory papers, research projects and…
Opinion: A Reader Suggests an Organisational Structure for Thomson Reuters FP&M
By Ross InglisAs a long-time former employee of Thomson Reuters (over 14 years), I took little pleasure in seeing the changes announced last month. It has been a difficult period following the acquisition of Reuters by the Thomson Corporation and it has not been made any easier by upheaval in the world’s financial markets and…
Trucost/Factset Partner to Boost Environmental Risk Disclosure to Investors
In a major step forward for investment analysts, the extensive environmental performance data available from Trucost will now be accessible for the first time over FactSet. This will allow investors to seamlessly embed environmental risk management into their everyday decision making, alongside traditional financial metrics. The new partnership creates an integrated approach to analyzing the…
Q&A: George Salemie of RedDot Networks Talks Latency Monitoring and FPGAs
We came across RedDotNetworks at June’s SIFMA show, and were pleasantly surprised they that are based here in Austin, and doing interesting things in the worlds of latency management and FPGA development. So IntelligentTradingTechnology.com caught up with founder George Salemie to find out more about the company, and where it is heading. Q: When did…
Virginie’s Blog – What Visser’s £2m FSA Fine Says About Data and Control
The news this week that hedge fund manager Michiel Weiger Visser has been slapped with the highest ever fine for an individual (at £2 million) and struck off by the UK Financial Services Authority (FSA) not only highlights the current focus of the regulator on dealing swiftly and harshly with market abuse infractions, but also…
Q&A: Cisco’s Dave Malik on New Nexus Switches and Trading Fabric Architectures
Earlier this year, Cisco Systems announced new switches focused firmly on the low-latency trading space, and along with them, it announced its Trading Fabric architecture, setting out how these switches, along with other components, can be deployed to solve real-life application challenges. IntelligentTradingTechnology.com checked in with Cisco’s director of solutions architecture Dave Malik to get some…