A-Team Insight Knowledge Hub RTI The latest content from across the platform
XSP Launches ASP Global Corporate Actions Solution in AsiaPac
XSP, a vendor of corporate actions software, announced today that it has launched an application service provider (ASP) offering of its flagship XSP v5 corporate actions solution on the Decillion Group platform. Decillion Group, a banking software solutions provider and operator of the largest Swift Service Bureau in the AsiaPac region, formed a partnership with…
Only 26% of 450 Respondents to Oracle’s European Survey Confident in Data Management Systems’ Ability to Support Risk Function
Reference Data Review has noted on a number of occasions that data quality and data management issues lie at the heart of the risk management and compliance challenge and recent research by IT system vendor Oracle is a case in point, which indicates that only 26% of the 450 European respondents to the survey were confident…
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…
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,…
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….
UK FSA Highlights Data Integrity Issues for Transaction Reporting, Including Specific Format for BICs
In its latest newsletter, the UK Financial Services Authority (FSA) elaborates on the reference data integrity checks that firms need to conduct to ensure that their transaction reports are commensurate with the regulator’s requirements. This includes clarification about the length of Bank Identifier Codes (BICs) for client and counterparty identification; an area where a number…
ICAP Chooses UnaVista for Transaction Reporting
The London Stock Exchange announced today that ICAP has selected the UnaVista platform as its transaction reporting ARM. The inter-deal broker will use UnaVista to report transactions to the FSA across all reportable asset classes, benefiting from the rich feature set UnaVista provides almost immediately, as the product is securely hosted at the London Stock…
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…