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LSE Details Go-Live of Pre-LEI as Regulatory Oversight Committee Reviews Global LEI System
The London Stock Exchange (LSE) is planning to go live with the issue of pre-legal entity identifiers (pre-LEIs) called Interim Entity Identifiers (IEIs) on July 31, following its confirmation June 6 as a pre-Local Operating Unit (pre-LOU) under the sponsorship of the UK Financial Conduct Authority. The exchange detailed its plans this week during a…
NYSE Euronext Subsidiary Takes Over Administration of Libor
NYSE Euronext subsidiary NYSE Euronext Rate Administration has been selected ahead of the London Stock Exchange as the new administrator of Libor. The transfer of administration of the benchmark from BBA Libor, a subsidiary of the British Bankers’ Association (BBA), follows an outbreak of attempts to manipulate Libor for financial gain last year and is…
Thomson Reuters Develops Accelus Governance, Risk and Compliance Platform
Thomson Reuters is building out its Accelus governance, risk and compliance (GRC) platform with an updated user interface for Accelus Risk Manager, additional workflow tools and further functionality including the company’s BoardLink portal, enhanced disclosure capabilities and e-learning. Thomson Reuters’ GRC business was established about three years ago, with the Accelus brand following about six…
A Recruiter’s View: On FPGAs, Big Data And Women
Three very interesting features have emerged in fintech recruitment in the first trimester of 2013. The on off nature of FPGA development has led to cluster hiring in the space, big data has taken strides forward and there has been a noticeable improvement in diversity as companies take steps to add more women to their teams. Suspicion…
A-Team Group Webinar Reveals Significant Issues in Development of the Global LEI System
The global legal entity identifier initiative is well underway with a Regulatory Oversight Committee providing governance and pre-Local Operating Units assigning legal entity identifiers, but the ultimate success of the system depends on the as yet unformed Central Operating Unit, the quality of entity data and its ongoing maintenance. These issues and more related to…
Data Management Summit – Regulation is a Game Changer for Reference Data
Regulation has become a game-changer for many financial firms as regulators look beyond reports and demand access to detailed data that must be accurate and complete in a regime of zero regulatory tolerance. Introducing a panel discussion at last week’s A-Team Group Data Management Summit entitled Enterprise Data Management Business and Regulatory Drivers, A-Team Group…
Data Management Summit – Paolo Mittiga Maps the Road Ahead
Paolo Mittiga, data management domain partner at Wipro Technologies, presented the opening keynote at this week’s A-Team Group Data Management Summit (DMS) outlining a future of data management that will focus on the legal entity and real-time access to all data and be underpinned by technologies including semantic logic and dynamic ontology. Mittiga was welcomed…
Trillium Software Responds to Regulatory Pressure with Latest Release of Software System
Trillium Software’s latest release of Trillium Software System reflects growing requirements for self-service data management across financial firms’ lines of business as well as the need for speed in handling greater volumes of data. Version 14 of the software is available immediately and has been developed not only as a flexible tool for line of…
Experts Debate the Timeline, Benefits and Challenges of the Global LEI System
The expert panel on this week’s A-Team Hot Topics webinar on global legal entity identifier (LEI) expects the new standard to be fully operational by the end of 2013, as it builds momentum following next month’s official roll-out. With the establishment of a Regulatory Oversight Committee (ROC) early this year, the creation of a Central…
LEI Regulatory Oversight Committee Names Leadership and Reprieves PSPG
The formation of a global legal entity identifier (LEI) system took a large step forward late last week when the first meeting of the Regulatory Oversight Committee (ROC) took place in Toronto, taking over leadership and direction of the LEI initiative from the Financial Stability Board (FSB) and naming its leadership team. The meeting was…