TradingTech Insight Regulatory Reporting & Compliance The latest content from across the platform
Are Firms Prepared for Wave of Messaging Fines Headed for Britain?
By Oliver Blower, CEO of VoxSmart. The last few years have seen market regulators dole out record numbers of fines to financial institutions over their failure to adequately monitor employee communications on instant messaging applications like WhatsApp. According to Securities and Exchange Commission (SEC) enforcement division chief Gurbir Grewal, the regulator has filed charges against…
TS Imagine Launches Best Execution Compliance Module
In a development complementing TS Imagine’s recent collaboration with eflow for trade surveillance capabilities, the trading and risk management platform provider has introduced a new module within its TradeSmart OEMS and TS One platforms to enhance Best Execution compliance and reporting for financial traders. Designed to simplify compliance, the module offers an integrated view of…
SteelEye Introduces Compliance CoPilot to Enhance Communication Surveillance
Following its integration of ChatGPT 4 into its compliance platform earlier this year, surveillance solutions vendor Steeleye has launched the Compliance CoPilot, an AI-driven compliance tool that harnesses the power of advanced Large Language Models (LLMs) to streamline the communication surveillance alert review process. As regulatory bodies worldwide continue to impose fines on investment banks…
Murex and Rabobank Strengthen IT Partnership with Successful MX.3 Implementation in Brazil
Murex has expanded its partnership with Rabobank, completing a key phase in a global IT transformation with the successful launch of back office, operations, and finance functions on the MX.3 platform in Rabobank Brazil. This upgrade follows earlier front office and risk integrations. The MX.3 platform in Rabobank Brazil now supports an extensive range of…
Tradeweb and FTSE Russell Partner to Develop Next-Gen Fixed Income Index Pricing
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, and FTSE Russell, an LSEG business, have made a strategic partnership to develop next-generation fixed income index pricing and index trading products. The firms aim to provide next-generation pricing across a broader range of fixed income securities, which will be…
Meritsoft Unveils Advanced Platform for Post-Trade Process Automation
Meritsoft, a subsidiary of Cognizant that specialises in post-trade process automation, has launched its next-generation technology platform offering advanced post-trade process automation capabilities. Built using the latest technologies, the new platform aims to deliver operational efficiency gains and cost optimisation opportunities by better supporting firms’ post-trade processing requirements across fails management, financial transaction taxes (FTTs),…
Why Traders, Risk and Compliance Need to Be On the Same Data Page
As market participants continue to look for ways to manage risk and operate effectively in an increasingly complex energy trading landscape, Stanislav Ermilov (CEO of Tallarium) explains why data harmonisation is essential for creating efficient, transparent, and compliant markets. The structure of energy trading is dramatically evolving . The industry is going through a major…
Xceptor and Delta Capita Unite to Streamline T+1 Settlement
Data automation platform provider Xceptor has announced a partnership with Delta Capita, a global provider of managed services, technology solutions, and consulting to the financial services industry, aimed at helping financial institutions prepare for the T+1 settlement deadline of 28th May 2024. The partnership, which will leverage Xceptor’s data automation platform and Delta Capita’s expertise,…
World Federation of Exchanges Releases Recommendations on Crypto Platforms to Build Trust and Stability
The World Federation of Exchanges (WFE) today published a report, ‘Promoting Sound Marketplaces – DeFi/CeFi, Crypto Platforms & Exchanges’. The report draws on the collective experience of regulated market infrastructures and makes six recommendations in light of issues that continue to affect the crypto-currency industry following several high-profile controversies and collapses. The WFE’s analysis also…
Recorded Webinar: Best practices for eComms and multi-channel surveillance
Surveillance of multi-channel communications is a moving target as financial institutions continue to add conversational streams, in many cases mobile applications previously banned from the trading environment. With more eComms channels comes more data that must be managed, retained, and ready for regulatory compliance. For many firms, the changing shape of surveillance is a complex…