RegTech Insight Regulations The latest content from across the platform
Asset Control Adds ACX Cloud-Based Data Exploration and Distribution Platform
Asset Control has released ACX, a cloud-deployed delivery, storage and analytics platform designed to manage increasing data volumes, reduce infrastructure costs and provide business and technical users with easy access to data exploration. The platform is an additional module in the company’s AC Plus product family and includes open source technologies, although it is not…
Continuous Development Key to Future Proofing Your Back Office
By Amrik Thethi, chief technology officer, Torstone Technology Most of us will agree that trying to get fit after a period of inactivity can be a challenging endeavour. What’s more, those who do not commit to making fundamental lifestyle changes on a long-term basis will most likely find any physical gains short lived. This analogy…
Thomson Reuters offers RTS 27 Now for SI reporting under MiFID II
Thomson Reuters has responded to the need for Systematic Internalisers (SIs) to make their first regulatory report under MiFID II by December 2018 with RTS 27 Now, a targeted reporting solution that uses the company’s high-performance processing platform, Velocity Analytics, to manage data required for SI reports. Under the MiFID II SI regime, banks had…
Thomson Reuters Provides Market Data for Trax SI Determination Service
By Uri Inspector, Staff Reporter Post-trade specialist Trax has entered an agreement with Thomson Reuters to use the latter’s market and reference data to support its Systematic Internaliser (SI) determination service and MiFID II regulatory reporting. The deal is designed to help firms meet the regulatory obligations of the expanded SI regime that comes into…
FactSet Expands APAC Presence with Nikko Asset Management Deal
FactSet has expanded its presence in APAC through a deal with Tokyo-based Nikko Asset Management. The deal further consolidates the company’s Asian footprint following the May 2018 opening of an office in Shanghai, which added to existing locations in Hong Kong and Sydney. Nikko Asset Management has selected the FactSet Linear Multi Asset Class risk…
Data Service Bureau Details Functional Changes – And Their Costs
The Derivatives Service Bureau (DSB) set up to issue ISINs for OTC derivatives under MiFID II has published a report covering functional changes that will be made based on industry feedback to a second industry consultation that opened at the end of June 2018 and closed a month later. The final consultation report also notes industry interest…
Could Privatisation Give Dun & Bradstreet the Push It Needs to Succeed?
The $6.9 billion acquisition of Dun & Bradstreet (D&B) by a consortium of private equity investors led by CC Capital and Cannae Holdings, announced this week, could herald the streamlining and modernisation of the venerable 177-year-old, publicly traded credit data specialist, according to observers. Founded in 1841 as a credit information provider, the company is…
Innovation Delivers Improved Trading Performance, Lower Costs and New Opportunities
Time series databases, predictive analytics, ultra-low latency network products, sophisticated algorithms and artificial intelligence are on the wish list of many trading firms looking for innovative technologies to improve trading architecture and support high performance trading. They do, however, come with challenges, cost implications and the need for management buy-in. Speaking on a recent A-Team Group…
AxiomSL to Assist Bank of China with French AnaCredit Reporting Needs
Bank of China, which first started using AxiomSL’s regulatory capabilities back in 2015 to meet liquidity reporting requirements in Singapore, has extended its use of the platform to implement AnaCredit reporting requirements in France. AnaCredit is a project set up by the European Central Bank (ECB) to collect detailed information on individual bank loans in…
Tackling the TRIM Challenge – How Banks Can Get their Data Quality Processes up to Scratch
By Martijn Groot, Vice President of Product Management, Asset Control The Targeted Review of Internal Models (TRIM) is underway and significantly impacting banks across the eurozone. TRIM is an initiative of the European Central Bank (ECB), designed to assess whether the internal risk assessment models used by banks supervised by the ECB, comply with regulatory…