Data Management Insight Regulatory Compliance The latest content from across the platform
ASG Develops Mobius Content Services to Meet Regulatory and Business Needs
ASG Technologies is developing its Mobius content services to help market participants comply with increasing regulation around personal data, and gain a clear overview of all their customer information and how it flows across the organisation. Mobius captures and manages content throughout its lifecycle, executes workflows, and governs information across federated repositories for a single…
Comments on the FSB’s Recent Report on the Global Legal Entity Identifier (LEI) Initiative
By: Allan D. Grody, President, Financial InterGroup. It is over a decade since the CFTC and SEC, along with the newly organized US Treasury’s Office of Financial Research, called for a legal entity identifier (LEI) for all those financial market participants involved in the newly regulated OTC derivatives markets. The US regulators’ interest in the…
Kingland Increases Accuracy of Text Analytics for Unstructured Data
Kingland continues to push the technology envelope with enhancements to its Text Analytics Platform Suite, which we touched on in last week’s catch up on the company with president Tony Brownlee. The enhanced solution includes new administration menu options with deeper analysis and metrics for unstructured data sources and events, and improvements to Named Entity…
Bloomberg Acquires RegTek.Solutions Amid Growing Demand for Reporting Integration
Last week Bloomberg announced the acquisition of RegTek.Solutions, a 2017 software spin-out from capital markets consulting firm Risk Focus. The move marks a renewed focus from Bloomberg on the regulatory reporting space, amid growing demand from financial institutions for more strategic, harmonised solutions to help meet today’s increasingly rigorous compliance challenges. Financial institutions are facing…
DSB Industry Consultation Calls for Improved Data Quality and Cybersecurity
Following our recent report on the results of the Derivatives Service Bureau’s (DSB’s) first 2019 industry consultation the Bureau has today released the results of its second 2019 industry consultation. In line with the first 2019 report, the second shows ongoing industry interest in further analysis of DSB functionality with a view to the delivery…
Kingland Innovates to Meet Market Need for More Effective and Efficient Data Usage
Kingland is responding to financial institutions’ growing desire to use and manage their data to better effect and greater efficiency with the provision of solutions including artificial intelligence (AI) and text analytics. It is also focusing on firms’ ongoing challenges around core functionality such as entity data management for Know Your Customer (KYC), enterprise risk…
Bloomberg Acquires RegTek.Solutions
Bloomberg has acquired RegTek.Solutions, a specialist in global regulatory reporting software solutions. The firm, which provides modular software solutions built around actionable regulatory intelligence, will be integrated with Bloomberg’s Regulatory Reporting Hub (RHUB), as well as Bloomberg’s enterprise data management and trading systems. The acquisition will combine Bloomberg’s data enrichment and reporting capabilities with RegTek.Solutions’…
SmartStream RDU Readies Services for Brexit
The SmartStream Reference Data Utility (RDU) has implemented changes to its MiFID II Reference Data Service and Systematic Internaliser (SI) Registry to accommodate Brexit. For the MiFID II service, SmartStream RDU will make both ESMA and FCA data available, either as an integrated delivery or separately. It will also support ESMA and FCA pre- and…
Using Data Lineage to Manage Regulatory Compliance and Financial Reporting
By Mark Hermeling, Chief Technology Officer at Asset Control. Within data management, data lineage is increasingly becoming an important capability. From pinpointing the origins of data to how it evolves over time allows a wide range of sectors to achieve a clear view of their data, track the data exactly, and use it to assist…
Regulators Discuss SM&CR and IT Failure at UK Parliamentary Hearings
The UK’s parliament’s treasury committee recently held a series of hearings on IT failures in the financial sector. Over the course of the hearings, at which representatives of the Bank of England, the Financial Conduct Authority and the Prudential Regulatory Authority spoke, the regulators discussed work completed and work in progress around operational resilience in…