RegTech Insight Regulations The latest content from across the platform
Let’s Try Again for a European Consolidated Tape
Before there was Turquoise, there was Boat. And Boat, you’ll recall, was the industry’s answer to the then-incoming regulation designed to ensure that pan-European equity trades were reported to a mechanism available to all in a standardized way. This was required because Europe’s markets were about to fragment, due to the introduction of multilateral trading…
Thomson Reuters Launches Fixed Income Global Snapshot to Provide Greater Transparency and Flexibility to Investors
Thomson Reuters today announced the launch of a new evaluated pricing capability, the Fixed Income Global Snapshot (FIGS). By re-evaluating all non US fixed income securities with updated benchmark curves and credit spreads at both 3pm and 4pm, Eastern Daylight Time. FIGS will provide investors with updated, accurate fixed income evaluations and transparency they need…
MarkitSERV Starts Trade Data Feed to Global Repository for Interest Rate Derivatives
MarkitSERV, the most widely used electronic trade processing service for OTC derivative transactions, today announced that it is now transmitting confirmed trade records to the Depository Trust and Clearing Corporation’s (DTCC) new Global Trade Repository (GTR) for over-the-counter (OTC) interest rate derivatives. With clients’ authorization, MarkitSERV’s trade reporting system automatically transmits confirmed trade records to…
Data Growth Causes Increase in Financial Infrastructure Externalisation
After President Obama passed the Dodd-Frank Act last year, in an effort to avoid another financial crisis like the one in 2008, Europe is following suit with MiFID 2. While both of these regulations aim to increase transparency into financial markets and, specifically, over-the-counter (OTC) derivatives, the impact of MiFID 2 isn’t likely to be…
RICs as Catalyst for Financial Markets ‘App Store’
High on the long, long list of the late Steve Jobs’ acts of genius was his decision to go against his own instinct and open up the iPhone/iPAD to third-party developers to create the App Store, a true game-changer. That got me to thinking that Thomson Reuters and the EU could be missing a trick…
FSB Establishes Expert Group to Make LEI Implementation Proposals
Apparently addressing growing industry concerns about the prospect of delays in adoption of the long-awaited legal entity identifier (LEI), the Financial Stability Board (FSB) has set up an expert group to make what it describes as “concrete proposals” on the implementation of a global LEI system. At its meeting in Basel this week, the FSB…
Opinion: Size Isn’t Everything – Handling Big Data Variety
By Amir Halfon, Senior Director for Technology, Capital Markets, Oracle Financial Services In my last post I briefly touched on the subject of unstructured data and schema-less repositories. In this instalment, I’d like to focus on this topic in a bit more detail, and look at the Variety aspect of Big Data from several angles….
We’re Back … With Some Industry Views …
Welcome to 2012 from Low-Latency.com! We hope it will be a year of success and prosperity for all in our community. We ended last year with a few of our own predictions, to to get this one going, we asked some of our friends what they expected to see over the next 12 months. Here…
CMA Launches CMA NAVigate 1.8, Providing OTC Derivatives Valuations On-Demand
CMA, the leading provider of intraday CDS data and OTC market solutions, has launched a new release of CMA NAVigate, its web-based workflow solution which brings transparency and independence to the valuation of OTC positions. CMA NAVigate 1.8 introduces an intuitive user interface that provides the tools, pricing transparency and real-time support that clients require…
Opinion: The FSA, ESMA and the Commission – The Markets’ Strictest Parents?
By Matthew Coupe, sales director, EMEA, Redkite Financial Markets When the UK’s streets broke out into mass rioting this summer, the UK government responded with unprecedented force. Officially, the riots were quashed by intelligence-led, nationally mobilised law enforcement, backed by the politicians at the heart of Westminster. Unofficially, of course, the streets were out of…