Data Management Insight Regulatory Compliance The latest content from across the platform
Interactive Data Offers Compliance Solution for AIFMD
Interactive Data has introduced a compliance solution for the Alternative Investment Fund Managers Directive (AIFMD) that came into force this week, but compliance may not be plain sailing with the Alternative Investment Management Association (AIMA) warning that implementation of the regulation is incomplete. Interactive Data has pulled together existing data and created new data required…
Opinion: Regulatory Reporting – an Opportunity, Not a Burden
By Melvin Jayawardana, European Market Manager, Confluence As the Alternative Investment Fund Managers Directive (AIFMD) comes into effect today, 22 July, 2014, European fund administrators and fund managers face big challenges getting up to speed on the full ramifications of the directive and the scope of work it will require in their middle- and back-office…
BMO Global Asset Management Benefits from SimCorp IBOR
BMO Global Asset Management is making better investment decisions on behalf of its clients following the implementation of SimCorp Dimension as an investment book of record (IBOR). The asset manager says the IBOR supports consistent data in downstream applications and provides better information, faster. It has also allowed the asset manager to introduce new products…
BlueBay Asset Management Selects Confluence Hosted Services for Regulatory Reporting
BlueBay Asset Management has selected Confluence to support its automated regulatory reporting following a competitive selection process and on the basis of the company’s ability to meet both immediate and future regulatory reporting requirements. BlueBay, a manager of fixed income and alternative investment products, will initially use Confluence’s Unity NXT hosted services for AIFMD, Form…
Six Bidders Shortlisted to Build the US Consolidated Audit Trail
The Consolidated Audit Trail (CAT) first proposed by the US Securities and Exchange Commission (SEC) back in 2010 has come a step closer to reality with the selection of six bids from a list of 10 RFP responses that were submitted to build and maintain the audit trail. The six bids still in the running…
A-Team Group Webinar Offers Insight into Improving Data Contributions
Data contributions to financial benchmarks have been a cause for concern since the Libor scandal emerged in 2012, yet despite heavy fines imposed on banks that manipulated the rate, only now are efforts to improve the situation being made in earnest. Addressing the issues of data contributions to the market, an A-Team Group webinar entitled…
Atlas ATS Deploys Strevus Compliance Solution to Support Digital Currency Exchange
Atlas ATS, a New York based cryptocurrency trading exchange, has deployed a Strevus hosted solution to ensure that its institutional customers achieve Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance as required under the US Bank Secrecy Act. The exchange is up and running with the Strevus compliance lifecycle management solution in New York…
European Fund Administration Benefits from AIM Portfolio Pricing Solution
European Fund Administration (EFA) has deployed AIM Software’s GAIN Portfolio Pricing business application to manage increasing regulatory requirements around portfolio pricing and meet growing client demand for more frequent net asset value (NAV) calculations. The AIM portfolio pricing application, which is based on the company’s GAIN enterprise data management platform, is the central component of…
DST Enhances Anova Position Keeping to Deliver IBOR Product
DST has enhanced the position keeping element of its Anova post-trade data management, analytics and reporting suite to deliver a fully-fledged investment book of record (IBOR) designed to provide asset managers with near real-time visibility of positions and valuations. Anova has included the capability to consume transactions and events, and provide continuously updated valuations and…
Talking Reference Data with Andrew Delaney: Feeling the Collars of the Libor Traders
Financial institutions are bracing themselves for further regulatory clampdown on market pricing on the wake of the LIBOR and FX market manipulation scandals. As regulators draft new guidelines for benchmark data contributions, and UK Chancellor George Osborne signals increased scrutiny of the London FX market’s pricing procedures, data managers and compliance officers are assessing their…