RegTech Insight Regulations The latest content from across the platform
SEC N-PORT Deadline Compliance Met with RegTech
Confluence has announced that those of its clients with a May 30, 2019 Form N-PORT filing requirement have completed their filings with the US Securities and Exchange Commission (SEC). Confluence’s clients represent fund administrators and asset managers servicing more than 75% of funds filing Form N-PORT. They have met their Form N-PORT requirements using Unity…
Recorded Webinar: FRTB: Laying the groundwork for compliance
The January 2022 compliance deadline for sell-side firms within the scope of Fundamental Review of the Trading Book (FRTB) regulation may seem far into the future, but the complex demands of the regulation and the need to source regulatory data that has never previously been required mean firms should already be identifying tools, solutions and…
Investment in Regulatory Technology can Reap Wider Business Benefits
By: Yousaf Hafeez, Head of Business Development at Radianz, BT One of the major outcomes of the financial crisis has undoubtedly been the marked rise in regulatory scrutiny. The banking industry, for example, has paid in the region of $345 billion in global regulatory fines over the past decade, according to research from the Boston…
FRTB 2022 Deadline Proves Tricky for Firms and Regulators
Global regulatory implementation of the Basel Committee on Banking Supervision’s (BCBS) Fundamental Review of the Trading Book (FRTB) may be unevenly paced, creating challenges for financial institutions and regulators alike. FRTB was introduced to fix problems that both regulators and the industry perceived with so-called ‘Basel 2.5’ market risk changes, which were put in place…
Barclays, Goldman Sachs and J.P. Morgan select DTCC for SFTR compliance
As the deadline for the European Union’s Securities Financial Transactions Regulation (SFTR) approaches, Barclays, Goldman Sachs and J.P. Morgan have signed up to use DTCC’s Global Trade Repository (GTR) service to meet their obligations under the regulation, which is due to take effect in April 2020. Other banks already signed up to the service as…
eXate enables ‘Privacy by Design’ in OpenFin OS
Desktop interoperability platform OpenFin has added eXate’s data privacy capabilities to its operating system to ensure compliance with the EU’s GDPR, which came into force a year ago and requires that new applications are designed with privacy considerations factored in from the outset, a so-called ‘privacy by design’ approach. eXate restricts data only to authorised…
Colt Deploys ADVA to Add Encryption for GDPR Compliance
High-performance trading connectivity specialist Colt Technology Services has added an Ethernet Line Encryption service to help organisations comply with new data privacy rules, particularly the EU’s GDPR, as firms seek to protect their data during transport from cyberattacks. The new Colt solution uses the ADVA FSP 150 with ConnectGuard security technology, which provides end-to-end data…
How to Source and Manage Data for FRTB – The Challenges and Opportunities
Sourcing and managing data for Fundamental Review of the Trading Book (FRTB) compliance is no mean feat, but there are options and choices to be made as firms within the scope of the regulation build out compliance programmes ahead of its January 2022 deadline. A panel session at A-Team Group’s recent FRTB briefing in London…
LCH RepoClear Selects UnaVista as Trade Repository for SFTR Reporting
LCH RepoClear has selected UnaVista as its trade repository for reporting under Securities Financing Transaction Regulation (SFTR). LCH Group’s collateral and liquidity management function will also use UnaVista for SFTR reporting. The regulation is scheduled to go live in April 2020 and will require firms to report details of their Securities Financing Transactions (SFTs) to…
Liquidnet Plans to Further AI Strategy Following RSRCHXchange Acquisition
In mid-May, Liquidnet, a global institutional investment network, acquired RSRCHXchange, a marketplace and aggregator for institutional research that was originally launched in 2015. The acquisition enables the Liquidnet platform to deliver a new level of research and analytics into the global investment process for its institutional investor client base. In line with Liquidnet’s FinTech strategy,…