RegTech Insight Regulations The latest content from across the platform
Schroders’ Walsh and HSBC’s Johnson Discuss the Tension Between Data Inputs and Outputs in the Face of Regulatory Change
The buy side community’s data managers are being faced with a tricky balancing act of ensuring their output to clients is optimised from a technology and data standpoint and that their data inputs are of sufficiently high quality for regulatory and client purposes, according to panellists at last week’s A-Team Group and SmartStream roundtable. Speaking…
Knock on Effect
The close link between data quality and better risk management has come under the spotlight in recent years as a result of the financial crisis and the ensuing regulatory crackdown on financial markets. Regulators such as the UK Financial Services Authority (FSA) and the US Securities and Exchange Commission (SEC) have even been making noises…
Cadis on Course to Sign Seven New Clients This Quarter, Says Simpson
Business has picked up for the EDM vendor community at large over the last six or so months (just look at GoldenSource’s recently reported figures for example) and Simpson indicates that from November onwards Cadis has also witnessed a significant uptick in business. In fact, the vendor is on course to sign up seven new…
DST Global Solutions’ Gallacher Discusses Blueprinting Approach to Data with Anova Platform, New Client Win
DST Global Solutions launched its middle office data management and analytics platform Anova towards the end of last year and has since been working on the migration of its client base onto the new platform and has bagged its first client, according to Des Gallacher, global head of data management and analytics solutions for the…
OMG and Enterprise Data Management Council to Collaboratively Develop a Sustainable Framework and Data Standards for Financial Reform
OMG and the Enterprise Data Management Council (EDM Council), a not for profit business forum created by the financial industry to address the issues and challenges associated with managing data content as a business and operational priority, have agreed to address high impact business challenges such as regulatory pressures emerging from financial reform with the…
CFTC Commissioner O’Malia to Host SEF Showcase: Current Technology and Market Direction
Commissioner Scott D O’Malia of the Commodity Futures Trading Commission (CFTC) will host an open public meeting at 9:30 am on Thursday, 31 March 2011, to explore the attributes necessary to make swap execution facilities (SEFs) successful. Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, amended the Commodity Exchange…
BVI’s Koop Talks up the Potential of FundsXML Standard in Europe, ISO Compatibility, Data Dictionary
Since its initial release in 2001, the FundsXML open standard has gained traction in a number of markets including Germany, Austria, the Netherlands and France for the electronic exchange of funds data. However, Thomas Koop, associate in research and market analysis for German investment fund and asset management industry association BVI, reckons it has the…
Federated Approach to Data Management is Impractical, Say UBS’ Lux and Bachra
It is hard to develop good data governance practices with a federated approach to data management, according to Hans Lux, head of data architecture, and Jagtar Bachra, lead data analyst, both from UBS Global Asset Management. Speaking at this week’s TSAM in London, Lux and Bachra argued that a more traditional, centralised EDM approach would…
Broadridge Achieves a Record Year in 2010 for Fixed Income Processing Platform Implementations
Broadridge Financial Solutions today announced that 2010 was a record year for client implementations of its fixed income securities processing platform. Eleven new banks and brokerage firms chose Broadridge because of the expansiveness of its fixed income processing platform, the speed and efficiency with which Broadridge brings clients onto the system, and its enhanced data…
Regulators Should Begin Work With the Data and Formats Already Being Reported, Says ICFR’s Ridpath
A lot has been said on the subject of systemic risk monitoring and the collection of macroprudential data over the last year or so (just look at the developments in the US around the Office of Financial Research for proof) and the International Centre for Financial Regulation (ICFR) is aiming to play its part in…