A-Team Insight Knowledge Hub RTI The latest content from across the platform
Goldman Sachs, JP Morgan Chase and Morgan Stanley Confirm Development of SPReD Reference Data Utility
After much deliberation, Goldman Sachs, JP Morgan Chase and Morgan Stanley have gone public with plans to work with SmartStream to develop a multi-tenanted reference data utility designed to cut the cost of integrating, cleansing and distributing data. The SmartStream Reference Data Utility, informally known as SPReD – Securities Product Reference Data – has been…
Datactics Extends FlowDesigner to Deliver DQ Metrics for Regulatory Data Compliance
Datactics has extended its FlowDesigner data quality platform to offer DQ Metrics, a monitoring and measurement application that allows financial institutions to measure their data compliance against regulations and industry standards on a continuous basis. The company’s initial release of DQ Metrics covers entity identifiers, particularly LEIs required by MiFID II and EMIR, and GIIN…
Opus Global Acquires Alacra in Drive to Develop World Leading Compliance Platform
Opus Global, a provider of software-as-a-service (SaaS) based compliance solutions has acquired Alacra, a provider of Know Your Customer (KYC), Anti-Money Laundering (AML) and reference data services for regulatory compliance that was set up by co-founders Steve Goldstein and Michael Angle in 1996. Terms of the transaction, which closed today, were not disclosed. The acquisition…
Talking Intelligent Trading with Andrew Delaney: The European Question
The marketplace is whirring with great minds turning their attention to what the latest ESMA rules for MiFID II actually mean. We’re not sure anyone has completely figured that out yet, but we’ll be watching closely as we’re embroiled in a number of projects that are impacted to various degrees by the latest ESMA utterances,…
ESMA has Published Its Technical Standards for MiFIR!
By Chris Pickles, Co-Chair of FIX Trading Community’s Reference Data Subgroup and Member of the Bloomberg Open Symbology Team At last the document has arrived – you can find it on the ESMA web site at http://tinyurl.com/nh5spx7. And there are changes in there that are very significant to anyone involved in reference data, in compliance,…
A-Team Data Management Summit: Achieving a Seamless Customer View Across the Enterprise
Managing data to achieve a single view of customers is the aim of many banks. The task can be difficult, especially in banks with numerous silos of customer data, but it can be rewarding and deliver benefits including increased customer profitability and decreased costs of customer service. Approaches to achieving a single view of customers…
Cost and Compliance Drive Increasing Adoption of Centralised Customer Data Solutions
Banks have bought into the principle of centralising data to support Know Your Customer (KYC) compliance and deliver a better customer experience, and are now turning principle into practice. The approaches they are taking to centralise data, the solutions they are implementing and the benefits they expect to accrue will be discussed at this week’s…
Final ESMA Report on MiFID II and MiFIR Technical Standards Recommends XML and ISO 20022 for Regulatory Data Reporting
The European Securities and Markets Authority (ESMA) has published its final report on Regulatory Technical Standards (RTS) for Markets in Financial Instruments II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). The report covers many aspects of the directive and regulation, and concludes debate over market data reporting, recommending that transaction and instrument reference…
A-Team Data Management Summit: The Value of Data
As the volume of data held by financial institutions continues to rise at an alarming rate, many firms are considering how best to manage the data with regard to what it is needed for and how it can be used to add value to the business. A panel session at next week’s A-Team Data Management…
A-Team Data Management Summit: Challenges and Opportunities of Regulation
Regulatory compliance deadlines in January 2016 and 2017 are a challenge for data managers, but also an opportunity to develop data management strategies that deliver business benefits. A panel session at next week’s A-Team Data Management Summit in London will debate these issues and look at how firms are getting ready to meet the deadlines….