Data Management Insight Regulatory Compliance The latest content from across the platform
JNAM Adopts Hosted GoldenSource Solution for N-PORT, N-CEN Data Compliance
Jackson National Asset Management (JNAM) has selected GoldenSource to provide a fully hosted data management platform to help meet its regulatory obligations. Specifically, the asset manager, a subsidiary of Jackson National Life Insurance, will use the GoldenSource platform to meet requirements for structured data elements inherent in the impending form N-PORT and N-CEN filings with…
DSB Issues Final Consultation Paper on User Fees and Contracts
The Derivatives Service Bureau (DSB), which is responsible for issuing ISINs for OTC derivatives under MiFID II, has released a second and final consultation paper regarding user fees and contracts for 2019. Industry feedback is invited on topics including potential changes to user support services, service level agreements and resiliency after some proposals in the first…
StatPro Adds Regulatory Risk Service Through Acquisition of ODDO BHF
StatPro has acquired the regulatory risk services bureau of ODDO BHF, which provides a managed service for regulatory risk reporting that will be integrated with the company’s Revolution portfolio analytics platform. The deal was made for an undisclosed sum in cash and adds 10 clients to StatPro’s client base in Germany and Luxembourg. StatPro will…
Solving the Data Management Challenges of FRTB
Despite the compliance deadline of Fundamental Review of the Trading Book (FRTB) regulation being pushed back to January 2022, the time to address the data management challenges of the regulation is now. A recent A-Team Group Webinar explored the key data challenges presented by the regulation, identified possible solutions, and discussed best practices for implementation. The…
JWG Partners with BMO on Regulatory Change Management
North American financial services provider BMO Capital Markets has partnered with multi-client regulatory platform JWG to access the firm’s AI-powered, natural-language processing change management system, RegDelta. The system aims to reinvent the global postal system for managing change, through curating holistic data set, enriching it via sophisticated data science, and providing SaaA technology to the…
Recorded Webinar: How to get data lineage right
Data lineage is key to regulatory compliance and financial institutions’ ability to understand and use their data to business advantage. It is also important from an operational perspective, as a successful implementation can identify systems and data feeds that are no longer necessary and can be switched off, saving money and resource. The webinar will…
Act Now to Be Ready for Fundamental New Capital Rules
By Tim Lind, Managing Director at DTCC Data Services A decade on since the global financial crisis, large swathes of financial regulation aimed at addressing the weaknesses exposed during that time have come into force. Among many lessons learned in terms of market risk, there were two specific gaps that regulators wanted to address: ensure…
DSB Sets Up Change and Challenge Processes for OTC Derivative ISINs
The Data Service Bureau (DSB) that issues ISINs for OTC derivatives under MiFID II has set up change and challenge processes. The change request addresses issues with existing ISINs or with the product definition templates supplied by the DSB for the creation of OTC derivative ISINs. The challenge process allows users to challenge existing ISINs, for…
It’s Official – No Further Delays in the Use of LEIs Under MiFID II
The European Securities and Markets Authority (ESMA) confirmed today that the six-month delay to the mandate requiring the use of Legal Entity Identifiers (LEIs) for all issuers and counterparties to transactions under MiFID II will not be extended. The initial delay from January 3, 2018, when MiFID II came into play, to July 3, 2018…
DSB Technology Advisory Committee to Discuss Resiliency and Efficiency
The Derivatives Service Bureau’s (DSB) Technology Advisory Committee (TAC) set up earlier this month will hold its first meeting next Wednesday, June 27th 2018. Topics on the agenda range from infrastructure issues about the stability and resiliency of the DSB platform to usability issues related to download formats and increased efficiency. Many of the topics come…