Data Management Insight Entity Data, KYC and Client Onboarding The latest content from across the platform
Quantifi’s Latest Whitepaper Explores the Challenges in Implementing a Counterparty Risk Management Process
Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, has published a whitepaper entitled ‘Challenges in Implementing a Counterparty Risk Management Process’. The paper explores the key challenges for banks in the implementation of counterparty risk management, focusing on data and technology issues, in the context of current trends…
Breaking News: Ex-Morgan Stanley Economist Berner Takes Over US Treasury and OFR Role from Alexander
Following on from the recent departure of Lewis Alexander from the US Treasury, the regulator has appointed former Morgan Stanley chief economist Richard Berner to take over Alexander’s role as advisor on domestic financial matters to Treasury secretary Tim Geithner. A key part of this job is helping the Treasury to establish the new Office…
Euroclear’s Kuhnel on ANNA’s Potential as a Registration Authority, What to Expect this Year on Legal Entity IDs
As elaborated upon by WMDatenservice’s Markus Heer earlier this year, the Association of National Numbering Agencies (ANNA) is pitching itself as a suitable registration authority for the new legal entity identification (LEI) standard underlying the US Office of Financial Research (OFR). Dan Kuhnel, chairman of ANNA and director for primary markets and international fixed income…
Fitch Solutions: Risk Managers Still Coming To Terms with Basel III Regulation
According to a delegate voting poll taken at the latest series of Fitch Solutions ‘Managing Credit & Counterparty Risk’ seminars this month, 43% of risk managers remain unsure if the new Basel III regulations will help them manage risk more effectively, whilst 32% believe it will improve effectiveness and, in contrast, 25% believe it will…
Liquidity Risk Regulation: Data Quality Under the Microscope
The UK Financial Services Authority’s (FSA) liquidity risk regime has set a precedent for tackling this particularly thorny area of risk management, ahead of the wider implementation of Basel III globally. Reference Data Review speaks to a number of risk technology vendors about the data quality issues underlying the liquidity risk management challenge in light of…
Limited Window of Opportunity in Europe to Influence Regulatory Change Around Incoming Data Requirements, Says BBA’s Irving
Firms need to take action this year if they want to influence the evolving European regulatory process and provide feedback on the impacts of regulation on areas such as data management and risk management, according to Irving Henry, policy director for prudential capital and risk at the British Bankers’ Association (BBA). Speaking at last week’s…
Accuity Responds to the Continuing Libyan Crisis by Systematically Enhancing Global Sanctions Lists
Accuity, a provider of payment routing data, anti-money laundering (AML) screening software and services, today announced significant enhancements to its anti-money laundering and compliance offering – enhancements that have been developed in the light of the escalating situation in Libya. As the unrest in Libya continues to develop, Accuity has continued to enrich the OFAC…
Attendees Cover Old Ground Regarding the BIC at Swift’s LEI Meeting
This morning’s discussions at Swift’s London HQ indicate that some corners of the industry are not willing to give up on the notion of a reworked version of the Bank Identifier Code (BIC) becoming a legal entity identifier for the purposes of the global regulatory community. Swift itself may have moved on (and is now…
Setting the Social Agenda
When you think of firms that are at the forefront of the social media trend, very few (if any) financial services firms immediately spring to mind. Those that do are likely from the retail world rather than cap markets, but there is activity taking place out there: you just need to know where to look…
SunGard’s Adaptiv Analytics Increases Speed Sixfold to Support Latest Industry Risk Requirements
SunGard has released a new version of its risk analytics engine, Adaptiv Analytics, that provides improved performance to help customers manage developments in Credit Value Adjustment (CVA) and around regulations such as Basel III capital requirements. Adaptiv helps customers accurately calculate the cost of credit so that traders can correctly price new business while maximising…