A-Team Insight Knowledge Hub RTI The latest content from across the platform
Regulations Pushing Basic Reference Data Management Issues up the Agenda for Asset Managers, Says MoneyMate’s Brennan
The increased media attention being given to regulation and the punitive action taken by regulators as a result of data errors has flagged the issue of data management for the buy side at large, from hedge fund managers to traditional institutional investment firms, according to MoneyMate’s chief technology officer Ronan Brennan. During a recent webinar,…
Getting Sidetracked on the Topic of MiFID
This week’s MiFID Forum debate was a case in point of how easy it is to go off track when discussing the current barrage of consultation papers released related to the MiFID review. Although some of the discussions were interesting from a bigger picture perspective, I expect that much more productive talks will take place…
Two Weeks Until Firms Need to Supply Their Pre-implementation Reports to the UK FSCS for SCV Compliance
The UK Financial Services Authority (FSA) has been doing its level best this year to make the industry aware of the new customer data requirements as part of the incoming Financial Services Compensation Scheme (FSCS) Single Customer View (SCV) reforms, but time is running out. Firms have the next two weeks in which to pull…
Major Global Banking Group Chooses FRSGlobal for Regulatory Reporting in 33 Countries Worldwide
FRSGlobal today announced that a major global banking group has selected its platform to meet regulatory demands in 33 countries worldwide. The banking group currently uses FRSGlobal solutions in six countries and, following a thorough selection process, has extended the scope to cover a further 27 countries around the world with this most recent signing….
New Data Validation Steps Required Under CESR’s Proposed MiFID Client Categorisation Regime Changes
As part of the ongoing review of MiFID, the Committee of European Securities Regulators (CESR) has published a new consultation paper on the subject of client categorisation that indicates a more structured approach to maintaining and monitoring entity data will be required within European financial institutions. The proposed requirements, which are aimed at strengthening investor…
SIX Telekurs Bolsters its Evaluated Pricing Service
Following the acquisition of the evaluated pricing business of CSV Incorporated in April, SIX Telekurs is continuing to develop this strategic part of its business by forming a focused business unit and adding several senior staff resources, including some new hires. “Evaluated Pricing is a strategic focus for SIX Telekurs, and we are deeply committed…
Eagle Focuses on Hybrid Approach to Data Management and Downstream Integration
BNY Mellon owned Eagle Investment Systems’ big news at this year’s Sifma was the launch of its new data integration services, which effectively packages together its standard and reusable interfaces into a service layer that sits on top of its hosted Eagle Access data solution. John Lehner, who took over as CEO of the vendor…
Xtrakter Moots Development of Trade Data Repository, Consults Industry on Plans
Given the announcement by the Depository Trust & Clearing Corporation (DTCC) that it would be establishing a European-based trade data repository in the UK earlier this week, it was only a matter of time before another willing party decided to join the fray. The DTCC’s potential competition comes in the form of Trax platform operator…
CRC Registry Requirements Causing Another Data Management Headache, Says Citi’s Gibson
As part of its Carbon Reduction Commitment (CRC) emissions trading scheme, the UK Environment Agency is asking firms to register their organisational structure in order to determine their carbon emission allowances. This necessarily involves financial institutions tracking reference data on the assets they hold and those held by their subsidiary entities, all of which adds…
OFI Asset Management Selects Quantifi XL as its Pricing Tool for Structured Products and Distressed Markets
Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, today announced that OFI Asset Management has selected Quantifi XL for the pricing and analysis of their structured products and distressed market portfolios. OFI is one of Europe’s leading asset management firms, with deep experience in structured products and distressed…