RegTech Insight Regulations The latest content from across the platform
Traiana Supports EMIR Reporting with a Management Solution for Unique Trade Identifiers
Traiana has started to onboard customers of its Unique Trade Identifier (UTI) management solution with a view to helping them meet the February 12, 2014 reporting deadline for European Market Infrastructure Regulation, which requires both sides of a trade to report using the same trade identifier. The UTI management service is an extension of Traiana’s…
Fitch Solutions Extends its Use of LEIs and Monitors Global Adoption
Fitch Solutions has extended its adoption of pre-Legal Entity Identifiers (LEIs) by adding the codes to unrated entities. The company has been adding pre-LEI codes to Fitch rated issuers and debt issues since early this year and is making all its LEI data available on the Fitch Ratings website and in its data feed products,…
SIX Financial Information Takes Solvency II Compliance Solution to Market
SIX Financial Information has brought together the reference data requirements of Solvency II to deliver a compliance service that is available immediately and is being implemented with initial insurance clients ahead of take-up among asset managers. The service uses reference data already owned by SIX Financial Information as well as some new attributes. These include…
SuperDerivatives Combines Market Data and Calculation Engine to Deliver Credit Value Adjustment Solution
SuperDerivatives has completed development of a credit value adjustment (CVA) solution for OTC derivatives portfolios and incorporated it into its eValueX valuation service, CorporeX corporate risk and compliance system, and SDX front-office system. Results of CVA calculations can be received by SuperDerivatives’ users as Excel or XML files that can be integrated back into their…
Interactive Data Offers Ready-to-Test Fatca Data Service
Interactive Data has added its name to the list of market data vendors with reference data offerings designed to meet the compliance requirements of the US Foreign Account Tax Compliance Act (Fatca). It is also talking to third-party software providers about working together to provide complete solutions that could be easier for customers to implement…
LEI Oversight Committee Endorses Pre-LOUs, but Delays Naming of Board Directors for the LEI Foundation
The Regulatory Oversight Committee (ROC) of the Global Legal Entity Identifier System (GLEIS) has endorsed the London Stock Exchange (LSE) and Turkey’s Takasbank as pre-Local Operating Units (LOUs), making the LEI codes they issue or have issued acceptable for regulatory reporting in the jurisdictions represented by the ROC. While these endorsements mark progress in development…
ESMA Approves Trade Repositories for EMIR and Sets February Deadline for Derivatives Reporting
The reporting deadline for European Market Infrastructure Regulation (EMIR) has been set for February 12, 2014, following the European Securities and Markets Authority’s (ESMA) approval of four trade repositories for derivatives trading. A request by ESMA to delay the reporting deadline for exchange-traded derivatives by a year has been turned down by the European Commission….
Global LEI System Takes Two Small Steps Towards Operation
The Global Legal Entity Identifier System (GLEIS) has inched forward with operational moves being made by the Regulatory Oversight Committee (ROC) to address reference data issues around the LEI and by the Commodity Futures Trading Commission (CFTC) to accept LEIs from all endorsed pre-local operating units (LOUs). The Secretariat of the ROC has written a…
Nasdaq OMX and Thesys Sketch Roadmap for Algo Testing Facility
The tie-up of Nasdaq OMX and Thesys Technologies to deliver an algorithm testing facility is expected to endure beyond initial plans to offer algo testing for US equities trading and take testing into other asset classes over time. It is also expected to help trading firms get ahead of any regulatory mandates that may set…
Peel Hunt Signs Up for Wolters Kluwer FS’s New Summix Risk Platform
UK brokerage Peel Hunt has deployed Wolters Kluwer Financial Services’ recently released Summix risk, compliance and finance platform. The system integrates technologies from acquired software providers FRS Global and FinArch, providing an upgrade path for users of these systems as well as a platform for new clients like Peel Hunt. Peel Hunt selected Summix for…