RegTech Insight Risk, Governance & Controls The latest content from across the platform
Opinion: Will New Liquidity Reporting Lead to a Big Chill?
By Georges Bory, Co-Founder and Managing Director, Quartet FS The collapse and bankruptcy of Lehman Brothers in 2008 is an extreme example of what can happen when the ratio of liquidity holdings to potential debt is inadequate. The bank was hit with a liquidity crisis as a result of the collapse in the sub-prime mortgage…
Etrali introduces Check Suite to Support Compliance with FCA and CFTC Rules on Call Recording
Etrali Trading Solutions has pulled together functionality it offers around the recording, storing and retrieval of traders’ voice calls to deliver Etrali Check Suite, a solution designed to help firms maintain compliance on the trading floor. The company previously provided on-site engineer checks of recording solutions as part of a managed service, but has packaged…
Opinion: A Smarter Approach to the New Austrian Reporting Requirements
By Lauren Dearmer, Product Marketing Manager, Wolters Kluwer Financial Over the last couple of years Austria’s Central Bank, the Oesterreichische Nationalbank (OeNB), has been working with the financial services industry to radically restructure the way in which financial data is reported. The project was initiated to ‘improve the data quality, specifically methodological soundness and data…
Talking Reference Data with Andrew Delaney: If Only…
I frequently find myself in meetings, on calls, at conferences, listening to people talk about the data and data management impact of regulation. I’ve heard it said many times, by suppliers mostly, that regulation is our friend. And it’s probably fair to say that without regulation, our industry would not be moving at quite the…
Opinion: The Pricing & Reference Data Community – Helping You Tackle Regulatory Challenges
By Marion Leslie, Managing Director, Pricing & Reference Services, Thomson Reuters The current barrage of regulatory reforms sweeping the global financial services industry poses an enormous challenge for all sectors. These changes are impacting banks, broker/dealers, insurance companies, institutional asset managers, hedge funds and their asset servicers such as fund administrators, custodians and prime brokers…
First Derivatives and Pivotal Collaborate on Next-Generation Data Architecture
First Derivatives (FD) is providing consulting services around technology from Pivotal with a view to helping customers build next-generation data architectures and applications for risk management, regulatory compliance, market surveillance and trading. FD will work initially to help clients install and commission Pivotal software and build out intelligent data lakes using semantic tagging, but expects…
Broadridge and Lombard Risk Forge Alliance on Collateral Management
Broadridge Financial Solutions and Lombard Risk Management will outline details of their global alliance to develop and deliver collateral management solutions late next month or early May, when the companies plan to announce products and rollout schedules. The alliance has been established to take Broadridge into the collateral management market by combining Lombard Risk’s Colline…
LEI Adoption Will Raise Standards, Governance & Transparency, says Webinar Panel – Even if It Isn’t Obvious Yet
The turmoil and confusion caused by the adoption of Legal Entity Identifiers (LEI’s) for EMIR reporting last month will be worth it in the end, was the overriding conclusion of our expert webinar panel last week, who expect to eventually see meaningful improvements to industry standards, governance and transparency as a result. The panel comprising…
Thomson Reuters Benchmark Services Unit to Echo RTSL
Thomson Reuters’ decision to set up a subsidiary to provide financial benchmark services reflects not only the company’s strength in this area – it has grown its portfolio of benchmarks to 160 over the past 25 years – but also the wider industry’s desire to distance itself from benchmark scandals and rebuild trust as it…
Thomson Reuters Eases the Burden of KYC Compliance with Accelus Org ID Managed Service
Thomson Reuters has set up a managed service designed to help financial institutions and their clients comply with Know Your Customer (KYC) requirements. Called Accelus Org ID, the service aims to increase the efficiency and reduce the cost of compliance by providing accurate, up to date identity data and avoiding the need to repeat the…