RegTech Insight Regulations The latest content from across the platform
Interactive Data Automates Price Review Process with Vantage Price Validation Workflow
Interactive Data has added a price validation workflow to its Vantage web application for evaluated pricing transparency. The Vantage Price Validation Workflow module automates pricing exception handling and validation processes, cutting out typically manual processes and reducing operational costs. The price validation workflow is designed to provide a central hub for client validation activities and…
Recorded Webinar: FATCA – The time to act is now
This webinar has passed, but you can view the recording here. The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year, but with the exception of a few modifications the legislation…
DST Global Solutions Upgrades Anova to Improve Compliance Process
DST Global Solutions has included additional dashboards and upgraded reporting functionality in release 3.0 of its Anova post-trade data management solution. The aim of the release is to improve the ability of users to aggregate and access investment data quickly and accurately for regulatory compliance purposes. The release also allows key compliance metrics to be…
Thomson Reuters Extends Entity Risk Solution with Countries of Risks Data
Thomson Reuters has extended its Entity Risk data solution with a Countries of Risks strand that uses an algorithm developed by StarMine, the company’s entity and fundamentals data, and GDP data from the International Monetary Fund to measure the exposure of a firm to multiple countries. The data service is available immediately as part of…
Markit Teams with Genpact to Deliver Shared Service for Client On Boarding
Markit has teamed up with business process specialist Genpact to develop a shared service dedicated to the management of client on-boarding and other know-your-customer (KYC) requirements. To ensure the service meets the on boarding needs of large financial institutions, the companies will be joined by HSBC and Morgan Stanley in an initial six-month design and…
Talking Reference Data with Sarah Underwood: The LEI Regains Momentum
There is one comment that comes to mind every time we write about the development of the global legal entity identifier (LEI) system. It was voiced in an A-Team Group webinar back in April by Tim Lind, global head of middle office, enterprise content, at Thomson Reuters. He said: “This is a marathon, not a…
BT Works With Truphone to Meet Dodd-Frank Demand for Mobile Communication Recording
BT is working with global mobile operator Truphone to help US firms and those trading with US firms meet Dodd-Frank regulation that requires conversations and data interactions made using mobile devices and leading to trades in the swaps market to be recorded. BT has been operating a mobile communication recording service in the UK with…
Financial Stability Board Sets up Study on Trade Repository Data Aggregation
The Financial Stability Board (FSB) has set up a feasibility study to consider how OTC derivatives data reported to trade repositories can be aggregated and shared among authorities monitoring risks to financial stability. The options for data aggregation being investigated by the study include a centralised model, a logically centralised model based on federated data…
CICI Utility Cuts 18,000 pre-Legal Entity Identifiers from its Database
The CICI utility that issues CFTC Interim Compliant Identifiers (CICIs) for use in the interim global legal entity identifier (LEI) system will today remove 18,000 records from its database. These records are part of the tranche of 22,000 records that DTCC, which works with Swift as a pre-Local Operating Unit (pre-LOU) in the interim global…
Talking Reference Data with Andrew Delaney: A Tonic for the FATCA-Brand GIIN
If Solvency II is considered the most onerous of the regulatory regimes about to hit our financial data community, then FATCA surely is not far behind it – and it is now officially the most imminent. Indeed, following a slight delay (from July 15), the US tax authorities this week unveiled the FATCA registration portal,…