Data Management Insight Regulatory Compliance The latest content from across the platform
ESMA States its Case on Distributed Ledger Technology
The European Securities and Markets Authority (ESMA) has stepped into industry discussion on the pros and cons of distributed ledger – or blockchain – technology (DLT) and concluded that regulatory action is premature at this stage, but may not be in the longer term. The authority issued a report this week, The Distributed Ledger Technology…
Thomson Reuters Builds Out Regulatory Change Management Offer
Thomson Reuters’ release of Regulatory Change Management is designed to help financial institutions harmonise their approach to regulatory change and compliance, mitigate risk and reduce administrative costs. The introduction of RCM follows Thomson Reuters’ acquisition of UK-based regulatory technology provider Empowered Systems in March 2016. RCM is offered on Thomson Reuters’ Connected Risk platform and…
Recorded Webinar: MiFID II: Data for best execution
Markets in Financial Instruments Directive II (MiFID II) strengthens the best execution requirement embedded in MiFID by expanding disclosure. Among the directive’s requirements are provisions to ensure investment firms provide appropriate information to clients on their order execution policy and publish a list of the top five execution venues used in the previous year for…
Silverfinch Builds Data Aggregation Templates into PRIIPS Solution
Silverfinch is building templates designed to aggregate and distribute data required by Packaged Retail Investment and Insurance Products (PRIIPs) regulation for Key Information Documents (KIDs) into its PRIIPs compliance engine. The company plans to finalise the solution following the release of Level 2 Regulatory Technical Standards (RTS) that could be published by the European Commission…
Privitar Provides Products to Meet Data Privacy by Design Requirements of GDPR
Privitar is meeting the privacy by design and default principles of General Data Protection Regulation (GDPR) with innovative data privacy solutions that play not only into regulatory compliance, but also into gaining greater value from data, particularly big data. The company’s approach to GDPR data privacy requirements is based on risk mitigation provided by two…
The Reference Data Utility Handbook
The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted…
2017 – The Year of Data
2017 may be the Year of the Rooster in the Chinese calendar, but in the capital markets calendar it is the Year of Data – data that will drive regulatory compliance, business transformation, client satisfaction, improved performance and more! Of course, data has been in the picture since way before the last Year of the…
Second Chance at Solvency II Shows Why We’re All in this Together
By Ashley Smith, senior vice president of business development, Silverfinch Who doesn’t wish for a chance to have a second shot at something? How often do we muse about rerunning the botched job interview, or the exam we failed? For insurers and asset managers the rerun is not going to be a dream because, this…
Recorded Webinar: Managing entity data hierarchies and keeping track of sanctions, watch lists and PEPs across KYC processes
Managing entity data and entity ownership hierarchies to ensure Know Your Customer (KYC) compliance is an ongoing challenge for many financial institutions. The webinar will discuss the most pressing concerns around entity and hierarchy data, and consider how to ensure you are effectively managing entity data, hierarchies, sanctions, watch lists and politically exposed persons (PEPs)…
IHS Markit and Oliver Wyman Detail Risk Factor Modellability Service for FRTB
The collaboration between IHS Markit and Oliver Wyman that is developing a risk factor modellability service to help banks determine whether risk factors can be modelled in line with the requirements of the Fundamental Review of the Trading Book (FRTB) will deliver a validated methodology that banks can use in the regulatory approval process around…