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Fenergo Integrates Innovative Graph Technology in Rewrite of Hierarchy Manager
Fenergo has innovated its Hierarchy Manager solution to deliver an ultimate beneficial ownership and counterparty hierarchy modelling and visualisation tool designed to make it easier to manage and visualise complex entity data hierarchies and associated entity structures. Rather than updating its existing solution, Fenergo has rewritten the hierarchy manager to include Force-directed graph technology that…
Broadridge Sets 2019 Targets to Tackle the Challenges Faced by Asset Managers
Asset management will be characterised throughout 2019 by regulatory scrutiny, an ongoing squeeze on fees, and competition that has never been higher. To find out how asset managers are coping post-MiFID II and what strategies they are pursuing, we talked to Eric Bernstein, head of Broadridge Financial Solutions’ asset management business and a champion of…
CAT NMS Names FINRA as Plan Processor for the CAT after Dropping Thesys
CAT NMS has selected the Financial Industry Regulatory Authority (FINRA) as plan processor for the consolidated audit trail (CAT), having dumped previous plan processor Thesys Technologies earlier this year. CAT NMS, which is responsible for implementation of the CAT, has also released updated industry member technology specifications and industry member technical specifications scenarios.
RapidLEI Adds API to LEI Registration Service that Issues Identifiers in 99 Seconds
Ubisecure, a Helsinki based issuer of Legal Entity Identifiers (LEIs) accredited by the Global LEI Foundation (GLEIF) and provider of the automated RapidLEI registration service that is capable of issuing an LEI in 99 seconds, is extending its capability with the addition of an application programming interface (API). Banks using LEIs in applications and business…
ESMA 2019 Supervision Work Programme Calls for Better Data Quality at Trade Repositories
Data, Brexit and cybersecurity top the agenda of ESMA’s 2019 Supervision Work Programme, with priorities for trade repositories including data quality and access by authorities, IT process and system reliability, business continuity planning, and registrations for Securities Financing Transactions Regulation (SFTR) and Securitisation Regulation (SR). Priorities for credit rating agencies include portfolio risk and quality…
ESMA Names Three UK CCPs to Offer Services in the EU Following a No-Deal Brexit
ESMA has named three UK central counterparties (CCPs) that will be allowed to provide services in the EU following a no-deal Brexit. The CCPs are LCH, ICE Clear Europe, and LME Clear and have been selected to limit the risk of disruption in central clearing and avoid any negative impact on the financial stability of…
FCA Prepares for No Deal Brexit with UK FIRDS Testing Starting Tomorrow
As the countdown to Brexit continues with no certain outcome, the Financial Conduct Authority (FCA) is preparing for a no deal scenario with a UK Financial Instruments Reference Data System (FIRDS) that will replace the European Securities and Markets Authorities’(ESMA) FIRDS. Testing of the FCA model starts tomorrow, February 21, 2019, with live production data…
Asset Control 2019 Roadmap Advances ACX NoSQL Platform, Adds Data Lineage and Managed Services
Asset Control is gaining traction with the ACX cloud-based data delivery, storage and analytics platform it released late last year to manage increasing data volumes, reduce infrastructure costs, and provide business and technical users access to data exploration. On the sell-side, clients are using the platform for market risk applications including compliance with Fundamental Review…
Datactics Matches 2019 Product Plans with Geographical Expansion and New Chairman
Datactics is on a roll, with strong business growth expected through 2019 leading to the opening of additional offices in New York City and Milan, and the appointment of a new chairman, Edinburgh-based Graham Paterson, a non-executive director at Bailie Gifford US Growth Trust. The business expansion is matched by Datactics’ 2019 product plans, which…
Refinitiv’s John Mason Talks to DMI About Transitioning to the Cloud
Refinitiv, formerly Thomson Reuters Financial & Risk business, is off the runway and heading for the cloud with a view to transitioning its data and clients to the cloud, bringing processes to data rather than data to processes, and helping clients gain value from data and tackle the thorny issue of total cost of ownership…