RegTech Insight ESG The latest content from across the platform
RegTek Delivers Tactical Software to Support Strategic Approaches to Regulation
RegTek Solutions, a subsidiary of Risk Focus formed early this year, has introduced EMIR-Ready, a regulatory readiness testing and validation service designed to help firms within the scope of European Market Infrastructure Regulation (EMIR) comply with changes to the regulation’s Regulatory Technical Standards (RTS) that come into play on 1 November 2017. EMIR-Ready is a…
Santander Picks Opus Platform To Ensure Compliance
Santander UK has deployed the Hiperos 3PM third-party risk management platform from Opus, a London-based compliance solutions provider, to ensure the bank’s compliance with UK Financial Conduct Authority (FCA) guidelines, according to Ben Gould, managing director of EMEA & APAC at Opus. “Santander executives were interested in becoming fully compliant with FCA guidelines for managing…
Industry Doubts Urgency Of US CFTC’s Reg AT
The industry’s sense of urgency concerning Reg AT is dropping, because little action is expected to put its rules in effect in the US following the May 1 ending of the comment period on the regulation. Reg AT, the US Commodity Futures Trading Commission’s Regulation Automated Trading, contains risk and transparency provisions for automated trading….
Misato Takes Disruptive Technology Approach to Enterprise Data Management
Misato is addressing financial institutions’ enterprise data management (EDM) challenges with a disruptive approach based on open source high-performance data bus technologies. The company’s Data Hub moves away from traditional data warehouse and extract, transform and load (ETL) solutions to focus on how data is consumed by applications. Working backwards, the hub can then reduce…
Trax Sees UK Approval For MiFID II Reporting As First Step In Europe
The UK Financial Conduct Authority’s (FCA) approval of the approved reporting mechanism (ARM) provided by market data, trade matching and regulatory reporting services company Trax is the first domino in a line that its makers hope will run through European countries by the time MiFID II takes effect in January. As an ARM, Trax has…
MiFID II Effects On Order Handling and Reporting Requirements Emerge
The specifics of MiFID II compliance have become clearer with new guidance from the European Securities and Markets Authority (ESMA), and increased understanding of best execution and transparency parts of the regulation among industry professionals. In ESMA’s recent question and answer statement on MiFID II, the authority specified what data must be published and reported…
Recorded Webinar: Putting data management processes in place for MiFID II
The January 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) is approaching fast, so how ready are financial institutions to meet the directive’s requirements, what data management processes should they be prioritising to ensure compliance, and what outstanding challenges do they face? Also, what do regulators expect firms to have in…
Go West, Old Exchange!
Following the EU’s block of the London Stock Exchange merger with Deutsche Boerse, LSE could consider North American suitors with lower regulatory hurdles By: Jim Northey, Principal Services Consultant, Itiviti Coming as no surprise on the same day as the letter invoking Article 50 to separate the UK from the European Union, the EU on…
Challenges of MiFID II Reporting Leave Firms Unready for Compliance
Few financial institutions are ready to meet the requirements of transaction reporting under Markets in Financial Instruments Directive II (MiFID II), while many are facing ongoing challenges including understanding the regulatory requirement, sourcing required data and integrating standard data codes. The data management challenges of MiFID II transaction reporting, approaches to compliance, and the benefits…
Firms Face Lack of Clarity on MiFID II Data Transparency Obligations
Meeting the data transparency obligations of Markets in Financial Instruments Directive II (MiFID II) continues to be a challenge for financial institutions struggling to manage the scale of change presented by the regulation, improve data quality to achieve transparency, and implement solutions without final clarity from the European Securities and Markets Authority (ESMA) on outstanding…