Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
Siren Investigative Intelligence Platform Finds Favour in Financial Markets
Siren, a Galway based provider of investigative intelligence, is making headway in capital markets following a €3 million round of seed funding early this year that allowed the company to offer its semantic data investigation technology to market sectors beyond its initial target of law enforcement and including financial services and life sciences. To date,…
NorthRow Joins FCA Regulatory Sandbox
Regtech and compliance specialist NorthRow has been selected to join the fourth cohort of the Financial Conduct Authority (FCA)’s Regulatory Sandbox, an initiative launched in 2015 to provide a channel for businesses to test products and services in a controlled and customised live market environment. NorthRow (formerly Contego) delivers customer onboarding through a combination of…
IBM Watson Financial Services: Focus on the First Line of Defence
Banks are spending too much money trying to comply with big-ticket regulations because the tools they are using are not efficient enough. That is the view of IBM Watson Financial Services, which is in the process of expanding its regtech portfolio based on AI and machine learning, and covering governance, risk and compliance (GRC), financial…
Stephan Wolf Discusses this Week’s MiFID II LEI Mandate and Emerging Digital Certificates
The MiFID II mandate requiring the use of Legal Entity Identifiers (LEIs) to identify parties to financial transactions came into play on Monday, causing barely a ripple in trading markets, but still posing problems in terms of lapsed LEIs – a problem that Stephan Wolf, CEO of the Global LEI Foundation (GLEIF), suggests could be…
Recorded Webinar: The latest on identifiers and standards in data management – LEIs, ISINs, CFI codes and more
The concept of data standardisation is gaining ground as financial firms tackle mounting regulatory requirements while seeking to improve efficiency and reduce costs. Identifiers such as Legal Entity Identifiers (LEIs) and International Securities Identification Numbers (ISINs), and classification codes such as Classification of Financial Instruments (CFI) codes, provide some standardisation to data management, particularly for…
Recorded Webinar: MiFID II: How to optimise data management for transaction reporting
As MiFID II hits the six-month mark, how well is your organisation handling transaction reporting? Is it ready to meet the LEI mandate that will take effect on July 3 and require all parties to transactions to have LEIs? And how is it coping with sourcing and managing ISINs required for OTC derivatives reporting? The…
Datactics LEI Match Engine Provides Free LEI Health Check Service
Datactics is offering a free LEI health check service that helps banks and asset managers ascertain the data quality of company information they hold in a legal entity master. The release of the service could not be better timed, with the MiFID II requirement for all counterparties to transactions to have a valid LEI coming…
Arachnys Hires Steve Mann, Robert Lloyd-Watts and Bill Bennett to Build Sales
Arachnys has made key marketing and sales appointments, naming Steve Mann as chief marketing officer, Robert Lloyd-Watts as regional sales director for EMEA and APAC, and Bill Bennett as regional sales director, North America. The company, a provider of customer risk decisioning solutions for Know Your Customer (KYC), Anti-Money Laundering (AML) and Extended Due Diligence…
Recorded Webinar: How to optimise client onboarding, KYC and ultimate beneficial owner data
Optimising client onboarding and Know Your Customer (KYC) processes continues to challenge banks operating in a highly regulated and competitive market. The challenge is exacerbated by increasing requirements to track and understand entity hierarchies and ultimate beneficial ownership. The webinar will discuss the ongoing challenges of client onboarding and KYC, and how best they can…
CAT Changes Could Cut Level of Client Data Collection and Shift Reporting Deadline
Changes to the controversial Consolidated Audit Trail (CAT) – which will record all equities and options traded in the US – have been put forward in a bid to tackle serious concerns in the industry about the level of sensitive client data the CAT will collect. The CAT Operating Committee approved a different approach to…