RegTech Insight Regulations The latest content from across the platform
CMA’s Moody Talks up Recent Launch of its OTC Derivatives Valuations Solution CMA NAVigate 1.6
CME Group owned data business CMA has recently launched a new OTC derivatives workflow solution that is aimed at streamlining the mark to market process and granting access to all valuation inputs for reporting purposes. Reference Data Review speaks to Gareth Moody, vice president of sales for the Americas, who joined the vendor as a start up…
Virginie’s Blog – Things Keeping the Industry Awake at Night (About the LEI)
Standards are tricky beasts, they may be developed for one purpose and misused, and they are also often appropriated for purposes for which they were not initially intended. So choosing the right standard for something as important as legal entity identification (LEI) is obviously not a decision to be taken lightly and it is one…
MiFID II Proposals: Perspective from MarketAxess
MarketAxess Holdings, the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other fixed income securities, reiterates its views on the range of proposals outlined in the Markets in Financial Instruments Directive II (MiFID II), which is scheduled to be finalized in October. MarketAxess believes that:…
Pension Schemes Must Face ‘Game Changing’ Legislation Head-On; Address Data and Technology Management Issues Now
In light of upcoming regulatory requirements (Auto-Enrolment, the Retail Distribution Review and Solvency II), the pivotal role of data and technology strategy should be a central concern to all pension professionals and trustees seeking to operate efficient, compliant and effective schemes. Published today, the Clear Path Analysis report ‘Data and Technology Management for Pension Schemes’,…
ABSA Capital South Africa Selects Trillium Software for Data Compliance
Trillium Software, a business of Harte-Hanks and a leading enabler of Total Data Quality solutions, today announced that Absa Capital- the investment banking division of Absa Bank and affiliated to Barclays Capital, has selected the Trillium Software System to assess the quality of data and ensure it is compliant with key business process requirements. The…
Virginie’s Blog – Index Data Under the Microscope
It seems that all aspects of the data underlying decision making within the financial services community are under the microscope at the moment and last week’s FISD issue brief highlighted that index and benchmark data is no exception. Panellists including representatives from the whole range of participants in the index and benchmark community noted that…
Algorithmics Enhances Solvency II Standard Formula Reporting
Algorithmics, the leading provider of risk solutions, today announced enhancements to its Solvency II Standard Formula reporting capabilities with the launch of a new web-based Standard Formula reporting product: Algo Audit and Compliance. The product is designed to address Pillars 2 and 3 of Solvency II which require insurance firms conducting business in Europe to…
Virginie’s Blog – MiFIR: A New Breed of Data Requirements
Rather than opting for an all in one directive to herald the second coming of MiFID, the European Commission has split the update into two parts: a regulation and a directive. The Markets in Financial Instruments Regulation (MiFIR) should be of particular interest to the data management community due to its focus on all aspects…
Siag Consulting and Pricing Partners Team up for Broad Distribution in Iberia and LATAM
Pricing Partners and Siag Consulting International, a tier 1 consulting and systems implementation specialist based in Madrid, have announced today a partnership covering Iberia and LATAM. Siag’s expertise in Market and Credit risk management provides the deep domain expertise to partner with Pricing Partners in advising and supporting client valuation methodologies given the increased requirement…
Virginie’s Blog – To Share or Not to Share?
As expected, the issue of data sharing across regulatory borders has proved to be a particularly controversial issue over recent months. A case in point is the recent response to the Financial Stability Board (FSB) by the Global Financial Markets Association (GFMA) on the subject of recovery and resolution planning, which suggests that home country…