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Upcoming Webinar: How Financial Institutions can adjust to working in the New Normal

Date: 8 September 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET The very sudden impact of Covid-19 and resultant shutdown of physical sites has stress-tested financial institutions and vendors to their limits. Now banks and firms are slowly starting to re-open offices. But what will the new normal look like and what steps…

Will a Consolidated Tape Make Best Execution Better?

By Tom Healey,  Founder-Director, FINXIS LLC. In ICMA’s MiFID II Consolidated Tape Task Force Report, published in April 2020, the Task Force made it clear that while MiFID II accomplished many goals it failed to achieve the market transparency that regulators had envisioned. By most measures, MiFID II cost the industry over $2 billion, but…

NICE Actimize Deploys New Xignite Microservices to Support Shift to Cloud

Financial crime, risk and compliance technology specialist NICE Actimize is using market data microservices from Xignite to support its initiative to move its real-time market data infrastructure into the cloud. The move underscores the growing interest among financial institutions in migrating mission-critical activities to the cloud in a bid to reduce on-premise overhead and take…

Recorded Webinar: The Transformation of Buy-Side Market Surveillance

Asset managers, hedge funds, insurance firms, and other buy-side firms globally are becoming more active in their approach to market surveillance, as regulatory pressure to up their game mounts. Buy-side firms are now building out their surveillance infrastructure as they seek to respond to the requirements posed by Dodd-Frank, MiFID II and the Market Abuse…

Recorded Webinar: Financial Services Infrastructure in the Post-Covid Environment

The Covid-19 pandemic has shaken financial institutions’ working practices to the core. Trading volumes have exploded, with some venues recording more than 10X the usual volume of transactions. Volatility has raged, with the benchmark VIX index testing new highs. And nor are these one-offs; the impact has been sustained since the virus hit in early…

OMD Launches European Composite Tick Database

Tick data management specialist OneMarketData has released a European Composite Trade & Quote (ECTQ) Database, which aggregates data from 33 exchanges, multilateral trading facilities (MTFs) and dark pools. The offering is aimed at providing financial institutions with the data they need to perform transaction cost analysis (TCA) in support of the best execution and other regulatory obligations….

Controlling Market Data Usage and Costs in WFH Environments

The Covid-19 pandemic has transformed the way financial services firms operate: with staff dispersed across numerous alternative sites or working from home, and many still requiring access to fee-liable market data and other financial information services in order to function. Data managers are struggling to control access to this data – facing the risk of…

Shield Expands Surveillance Platform with Advanced Workflow Functionality

Israeli RegTech provider Shield has launched a new Advanced Workflow function as part of its wider eComms Surveillance platform, with the goal of helping financial firms to build their own workflows and business processes within the application, ensuring compliance investigations meet the requirements of the business, and enabling different teams to be managed from one…

COVID-19: Regulator Round-up (5 May)

In these days of unprecedented economic pressure and accompanying financial volatility, regulators around the world are realigning their priorities and rapidly shifting their strategies to support institutions through the ongoing crisis. In this regular weekly feature, we keep you up to date on the latest regulatory news, responses and approaches – from deadline delays to…