RegTech Insight Financial Crime, KYC & AML The latest content from across the platform
Thomson Reuters Pushes DataScope Select into Front Office with DataScope Workflow License
Thomson Reuters is pushing DataScope Select, its delivery platform for non-streaming pricing and reference data, into the front office with the offer of data sets dedicated to the operation of transaction systems including order management systems (OMS), execution management systems (EMS) and portfolio management systems (PMS). Initial content is available immediately for OMS solutions under…
Q&A: HPCC Systems’ Flavio Villanustre on Not Map Reduce and Open Source
HPCC Systems – a unit of LexisNexis – has been quietly building out a big data processing platform for several years, using it internally to power several of its parent’s services and applications. Now, it’s open sourcing the not-map reduce platform, and selling a commercial version to third parties. We got the detail from Dr….
Talking Reference Data with Andrew Delaney: Just How Fat is Fatca?
With the final regulations for the Foreign Account Tax Compliance Act (Fatca) now published by the US Treasury Department and Internal Revenue Service (IRS), financial institutions have no more excuses for failing to get their houses in order to be compliant with the act. They certainly aren’t happy with the additional regulatory burden of Fatca,…
Q&A: Dell’s Bob Barris on the ABCD of Big Data Analytics
Combining its server, storage and networking hardware with open source and partner software, and professional services, Dell is shaping up to be an IT heavyweight in the big data space. We tapped Dell VP of sales for financial services Bob Barris to explain the company’s offering, and he responded that it’s as easy as ABC…
Rimes Sets Out Bloomberg Open Symbology Adoption Plan
Rimes has joined the growing group of data service providers offering Bloomberg Open Symbology (BSYM) to help clients streamline workflow and reduce operational risk. The company has gone live with Bloomberg’s global security identifier (BBGID) on the Rimes Benchmark Data Service and is initially providing cover across the 100-plus equity data sources it offers. Later…
Markit and CTI Tackle Fatca Compliance with Service Bureau
Markit and Compliance Technologies International (CTI) have teamed up to target the Foreign Account Tax Compliance Act (Fatca) compliance market, but unlike most vendors the companies propose a Fatca service bureau rather than a deployed or hosted solution. Their aim is to serve fund types and sizes that typically outsource IT and do not have…
Performance by Numbers: Lessons on Latency
When sizing up a data sheet, what numbers pop out at you? IOPS? GB/s? Latency? If you’re like most IT professionals, you might be starting to pay more attention to latency. In case you’re still wondering what all the fuss is about, let’s look at why low latency is so important, why it’s a challenge…
Gjensidige Selects Moody’s Analytics’ RiskIntegrity Solvency II Solution
Norwegian insurance company Gjensidige is working with Moody’s Analytics’ RiskIntegrity Solvency II solution to improve risk management and support compliance with the forthcoming regulation. The company chose RiskIntegrity on the strength of its out-of-the-box regulatory capabilities and ease of use. Thomas Bichard-Breaud, leader of Gjensidige’s Solvency II reporting, explains: “Moody’s Analytics offered us the best…
CounterpartyLink Details Development of CPL Online Entity Data Service
CounterpartyLink is progressing the development of its CPL Online legal entity intelligence service with the immediate addition of a compliance index and the promise of hierarchy data for all entities it holds and a visualisation tool to view related data. The company’s October 2012 commitment to offer beneficial ownership data at a level of 10%…
Talking Reference Data with Andrew Delaney: LEI Progress Report 4
In a fourth progress note on the development of a global legal entity identifier (LEI) system, the Financial Stability Board (FSB) has named Switzerland as the likely home of the global LEI foundation that will operate the LEI system’s Central Operating Unit (COU). It also set out the preliminary criteria for the selection of a…