RegTech Insight Regulations The latest content from across the platform
The Trading Regulations Handbook
Need to know all the essentials about the regulations impacting trading infrastructure? Welcome to the first edition of our A-Team Trading Regulations Handbook which provides all the essentials about regulations impacting trading operations, data and technology. A-Team’s Trading Regulations Handbook is a great way to see at-a-glance: All the regulations that are impacting trading technology…
MiFID II Transparency Demands Significant Modifications to Data Management
The data transparency obligations of Markets in Financial Instruments Direct II (MiFID II) are a drastic change from MiFID requirements and call on market participants to make significant modifications to data management, sourcing, publication and distribution. Faced with this level of change, only a handful of firms are completely prepared to meet the transparency requirement….
FIX Trading Community Offers MiFID II Compliance Help
FIX Trading Community, the non-profit industry standards organisation that promotes adoption of the Financial Information eXchange (FIX) protocol, has announced updates to the FIX protocol addressing MiFID II and MiFIR requirements. The organisation will also advise its members to review and adopt the updates as soon as possible so development work can begin, according to…
Recorded Webinar: MiFID II: Data for transparency
Markets in Financial Instruments II (MiFID II) makes sweeping changes to pre- and post-trade transparency, extending MiFID requirements limited to equities trades on regulated platforms to cover equity-like and non-equity instruments traded on any trading venue. It also requires trade data to be published through approved arrangements and made available on a consolidated tape. Achieving…
Thomson Reuters Teams Up with Kx to Deliver Superfast MiFID II Solution
Thomson Reuters has teamed up with Kx to enhance its Velocity Analytics platform and deliver ultra-high-speed processing of real time, streaming and historical data to meet the requirements of Markets in Financial Instruments Directive II (MiFID II). The platform has been refreshed and released as Version 8, with Kx high-performance computing technology replacing high-speed processing…
Datactics RegMetrics User Monitors 10 Million Records to Ensure Data Quality
Datactics has implemented its RegMetrics data quality reporting solution at a Tier 1 global bank. The bank is using the software to monitor over 10 million underlying records, which requires hundreds of millions of data points to be processed. The bank is also building predictive analytics on top of the RegMetrics framework to monitor data…
Countdown To MiFID II: Best Execution, Brexit and Trading Infrastructure Best Practices
The events of 2016 have muddied the waters for financial institutions operating in Europe that need to figure out how planning for possible outcomes of Brexit will in turn affect compliance with European MiFID II regulation taking effect in January 2018. While it is widely recognised that firms will have to make major changes to…
ESMA Raises Alarm About Systematic Internalisers
The European Securities and Markets Authority’s chair, Steven Maijoor, has raised an issue concerning the use of systematic internalisers (SIs) to circumvent MiFID II rules, writing to European Commission director general Olivier Guersent earlier this month. In a letter dated February 1 and released to the public on February 14, Maijoor wrote that market participants…
Recorded Webinar: Driving business value from the LEI
The Legal Entity Identifier (LEI) has become a viable standard to help financial institutions identify business entities that are party to financial transactions and fulfil regulatory obligations for entity data. Linked to third-party, corporate hierarchy and beneficial ownership data, the potential of the LEI extends to meet not only regulatory requirements, but also the need…
MiFID II and PRIIPs: The Double Act
By: Ronan Brennan, chief technology officer, Silverfinch As at 1st January 2018, the financial services industry will be served a double whammy of regulation – Markets in Financial Instruments Directive II (MiFID II) and Packaged Retail and Insurance-based Investment Products (PRIIPs). While there are key differences between these two regulations, the common characteristics are worth…