Data Management Insight Regulatory Compliance The latest content from across the platform
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…
Global Merces Selects SS&C Solutions to Support Growth
Australian alternative asset manager, Global Merces, has selected SS&C’s investment accounting, asset servicing and mutual fund platforms to support growth both locally and globally. The deal marks SS&C’s first Australian client win since it closed the acquisition of DST Systems earlier this year. Global Merces selected SS&C’s HiTrust unit registry and pricing solution because it…
MiFID II handbook, third edition – How compliant are you?
Six months after Markets in Financial Instruments Directive II (MiFID II) went live, how compliant is your organisation? If you took a tactical approach to cross the compliance line on January 3, 2018, how are you reviewing and renewing systems to take a more strategic approach and what are the business benefits of doing so?…
Data Management for Compliance, Business Performance and Reduced Costs
Regulatory compliance is non-negotiable, business performance is crucial, and pressure on costs is continual. So, how can you source and manage data once for both compliance and performance, and how can you contain costs? These questions and more were addressed during a recent A-Team Group webinarhosted by A-Team editor Sarah Underwood and joined by Dessa Glasser,…
FCA Reiterates Need for LEIs in Run Up to July 3 Deadline
The UK regulator has reminded firms and counterparties within the scope of MiFID II to ensure they meet the regulation’s Legal Entity Identifier (LEI) requirement before the extended deadline of July 3, 2018. “After July 3 firms will be required to gather (and be in a position to report) their clients’ LEIs before they trade…