RegTech Insight Regulations The latest content from across the platform
Listen to the Experts on MiFID II Research Unbundling
With just six months to go before the Markets in Financial Instruments Directive II (MiFID II) compliance deadline, many financial firms are struggling to pin down the research unbundling requirements of the regulation. Key challenges to implementation include measuring the value of research, establishing a pricing system and building a compliant solution. MiFID II research…
KYC/AML Innovation Waits On MiFID II
Efforts to conduct know-your-customer (KYC) and anti-money laundering (AML) operations more efficiently are more likely to begin after the financial services industry is better prepared for regulatory deadlines coming at the beginning of 2018, like MiFID II, said William Hartnett, managing director for market infrastructure investments at Citi, who spoke on a panel about the…
Recorded Webinar: MiFID II – Research Unbundling, Permissioning and Commission Sharing Arrangements
MiFID II makes sweeping changes to the investment market’s research regime, requiring unbundling and implementing new requirements around permissioning and commission sharing arrangements. This webinar will discuss data, solutions and services needed to segregate research consumption in accordance with MiFID II. It will also consider how practitioners are powering research related workflows, applications and business…
OTCX-SimCorp Partnership Takes On MiFID II Compliance
OTC derivatives multi-dealer platform OTCX’s recently announced partnership with investment management solutions provider SimCorp makes the OTCX Request For Quote (RFQ) platform more widely available – and capitalises on the platform’s value for MiFID II compliance, according to Nicolas Koechlin, CEO of OTCX. “We started the OTCX concept a little before MiFID II kicked in,”…
MiFID II Unbundling’s Silver Lining: Leveraging Streaming Big Data Analytics to Differentiate Execution Services
European MiFID II regulation’s unbundling of broker research from execution services raises the question of how execution service providers can differentiate what they offer once research is no longer part of their relationship with buy-side clients. Best-execution provisions and the performance of brokers’ platforms could become the primary differentiator. This raises a follow-up question –…
IFRS 9 Data Management: The Convergence of Finance and Risk
By Brian Sentance, CEO, Xenomorph The siloed delivery of data and technology has evolved quite naturally in most financial institutions. Whether the split lies across business units, geographic boundaries, asset classes or job functions – the complexity of most large organisations has led different teams to pursue their own unique requirements and procurement decisions regarding…
Trade Practice Surveillance: ‘I’ll Know It When I See It’
By: Victor Naroditskiy, Head of Regulatory Solutions Engineering, EMEA, OneMarketData Much of the Dodd-Frank Act, Market Abuse Regulation, MiFID II and trade surveillance regulations can be summarized as “Thou shalt not manipulate” or rather “Thou shalt not try to manipulate.” The Dodd-Frank Act, for example, defines spoofing in the following terms: It shall be unlawful…
NEX Readies MiFID II Reconciliation Solution Based on Duco Cube
NEX Regulatory Reporting has selected the Duco Cube platform to underpin a Markets in Financial Instruments Directive II (MiFID II) reconciliation solution that is due to be ready for testing in autumn ahead of the MiFID II compliance deadline in January 2018. Going forward, the company will integrate Duco Cube into all it regulatory reporting…
GoldenSource Solves MiFID II Problem of Requesting ISINs for OTC Derivatives
GoldenSource is developing an ISIN request and enquiry solution for OTC derivatives that is designed to help firms within the scope of Markets in Financial Instruments Directive II (MiFID II) meet the transaction reporting requirement to use ISINs to identify OTC derivatives. The solution also considers concerns in the market about the speed at which…
Tuning Up Symphony
The Symphony communications service, which provides a self-contained messaging protocol for financial services firms, is finding that its openness can be a double-edged sword. Intelligent Trading Technology spoke with Barry Raskin, managing director, management consulting at Jordan & Jordan, who is currently managing the implementation of Symphony for a major firm, about how Symphony’s openness…