RegTech Insight Regulations The latest content from across the platform
How to Tackle the Challenges of GDPR
Financial institutions around the world are bracing themselves for the onset of the EU’s General Data Protection Regulation (GDPR), which introduces eye-watering financial penalties for firms failing to meet stringent new rules on managing the personal data of EU residents. GDPR – which comes into effect in May 2018 – will have a major impact…
Liquidnet Extends MiFID II Commitment with Targeted Invitations for Algos
By Laura Burgess Liquidnet has extended its Virtual High Touch portfolio with Targeted Invitations for Algos, a solution designed to help buy-side traders discover large-in-scale liquidity and meet some of the control requirements of Markets in Financial Instruments Directive II (MiFID II). Targeted Invitations is available for European equities and will be rolled out on…
With MiFID II Unbundling Looming, Commcise and TR Roll Out Research Capabilities
Amid media reports that sell-side firms are struggling to settle on commercial arrangements for subscriptions to their unbundled research services post-MiFID II, service providers are starting to roll out solutions aimed at helping buy-side firms receive, manage and pay for research under the new arrangements. MiFID II will require buy-side firms to justify how they…
Guest Blog: GDPR? Keep Calm and Think
By John Stuart-Clarke, Data Protection & e-Privacy Specialist John works at a large UK Insurer and leads a team of product owners tasked with strengthening the data protection control environment in readiness for the GDPR and the ePrivacy Regulation. The risks and potential sanctions that GDPR exposes organisations to are eye-wateringly attention-grabbing. They have triggered…
Bloomberg Entity Exchange Selected by TP ICAP for MiFID II Compliance
TP ICAP’s decision to use the Bloomberg Entity Exchange to help clients of its broking businesses register on new trading venues under Markets in Financial Instruments Directive II (MiFID II) was made after considering several Know your Customer (KYC) solutions and is expected to simplify the repapering process for clients ahead of the January 3,…
Global Trade Surveillance Requirements Across MiFID II, MAR and Benchmark Regulation
By: Jordan Dilworth, research analyst, JWG Since the financial collapse in 2008, regulators have been concerned about the vulnerability of firms engaged in trading activities and have reacted by emphasising preventive measures. Out of this drive emerged trade surveillance, which aims to prevent market abuse and market manipulation. In June 2016, the Market Abuse Regulation…
Nasdaq to Acquire Trade Surveillance FinTech Sybenetix
Nasdaq has entered a definitive agreement to acquire Sybenetix – a UK-based start-up that we introduced during our fintech showcase at last year’s A-Team Group Intelligent Trading Summit in London. The price of the acquisition hasn’t been disclosed, but Nasdaq plans to make Sybenetix and its flagship product Compass part of its Smarts and TradeGuard…
The Data Science is The Easy Part!
Lessons learned from a recent business intelligence project By: Marc Alvarez One of the biggest motivations of working in a chief data officer (CDO) role is the opportunity to spend time and thought on applying state-of-the-art business intelligence (BI) to the firm’s own data. Unfortunately, given the pressing need to support regulatory reporting and simply…
Seizing the Opportunity: In Defence of MiFID II
By: Will Winzor-Saile, Execution Architect, Redburn There is no escaping MiFID II. As the regulation becomes clearer and industry consensus forms, every financial firm is working hard to be ready for January 3, 2018. Alongside implementation, myriad discussion papers address the challenges faced in the new world – where can we trade dark, how will…
Smartkarma Challenges Traditional Investment Research Services
Smartkarma is on a mission to break the mould of traditional investment research services with an independent, cloud-based platform that curates research from independent providers and allows users to consume the research by paying a per user subscription. The platform operates dynamically to make all research available to all users in real time, but does…