RegTech Insight Regulations The latest content from across the platform
Kove Proposes Memory-Disk Storage for Intra-Minute Risk Analysis
Kove, a provider of high-performance storage systems, is pitching the possibility of intra-minute risk analysis based on its memory-disk storage technology that includes highly deterministic input/output to allow data to be moved extremely quickly and central processing units (CPUs) supporting applications to run at 99% capacity. To test the performance of its storage in a…
CFTC Data Crisis Provides Lessons for Developers of the Global Legal Entity Identifier System
The Regulatory Oversight Committee (ROC) of the global legal entity (LEI) initiative has yet to comment publicly on the data crisis at the Commodity Futures Trading Commission (CFTC) involving the use of pre-LEI CFTC Interim Compliant Identifiers, or CICIs, in swaps reporting. But it must be observing the situation – and absorbing valuable lessons learned…
GoldenSource Extends Enterprise Data Management Solution to Include LEI
GoldenSource has enabled its enterprise data management (EDM) software to support legal entity identifiers (LEIs), but notes that early users are seeking point solutions to address tax requirements including the LEI rather than addressing the LEI as a means of gaining a consistent and accurate view of clients and counterparties that can improve onboarding and…
Mizuho International Builds on Relationship with Wolters Kluwer for Basel III Reporting
Mizuho International, the London-based securities and investment banking arm of Mizuho Financial Group, is building on an existing regulatory data management relationship with Wolters Kluwer Financial Services to meet the needs of Basel III reporting. The bank has licensed Wolters Kluwer’s Basel III compliant common reporting (CoRep), financial reporting (FinRep) and liquidity coverage ratio modules…
Thomson Reuters Details Growth of Due Diligence around Evaluated Pricing Providers
Thomson Reuters experienced a four-fold increase in due diligence meetings examining its role as an evaluated pricing provider in 2012, signalling growing pressure on financial firms to check the viability of their content providers and underlining extended expectations of transparency. Jayme Fagas, head of evaluated pricing, enterprise content, at Thomson Reuters and a speaker at…
Fenergo Enhances Client & Counterparty Data Management Solution to Meet Regulatory Compliance Requirements
Fenergo, a provider of customer lifecycle management software, has extended the model of its Client & Counterparty Data Management solution to capture and manage additional reference data that is essential for compliance with regulations such as the Foreign Account Tax Compliance Act (Fatca), Dodd-Frank, the European Market Infrastructure Regulation (EMIR) and Markets in Financial Instruments…
Data Management Summit – the Challenges of Corporate Actions
Automating corporate actions and reducing risk associated with manual intervention is proving difficult to pin down as the financial services industry struggles with a lack of standardisation, a growing volume and complexity of events, and different regional interpretations of events. A panel discussion at last week’s A-Team Group Data Management Summit grappled with the problems…
Data Management Summit – Regulation is a Game Changer for Reference Data
Regulation has become a game-changer for many financial firms as regulators look beyond reports and demand access to detailed data that must be accurate and complete in a regime of zero regulatory tolerance. Introducing a panel discussion at last week’s A-Team Group Data Management Summit entitled Enterprise Data Management Business and Regulatory Drivers, A-Team Group…
Data Management Summit – The First Wave of the LEI System
Peter Warms, head of product development for global data and symbology at Bloomberg Data Solutions tackled issues around legal entity identifiers (LEIs) at last week’s A-Team Group Data Management Summit. He acknowledged the aim of a global LEI system to improve risk management and counterparty reporting, detailed industry challenges posed by the system and noted…
Data Management Summit – Paolo Mittiga Maps the Road Ahead
Paolo Mittiga, data management domain partner at Wipro Technologies, presented the opening keynote at this week’s A-Team Group Data Management Summit (DMS) outlining a future of data management that will focus on the legal entity and real-time access to all data and be underpinned by technologies including semantic logic and dynamic ontology. Mittiga was welcomed…