The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

DASH Enters the Cloud with Regulatory Compliance Suite

DASH Regulatory Technologies – the RegTech-focused affiliate of capital markets technology and execution services provider DASH Financial Technologies – has expanded its cloud offering with the launch of DASH 360R, the next generation of its LDB platform for US regulatory capital calculation and reporting compliance.

In the US, broker-dealers are required by the SEC and FINRA to maintain specified levels of capital, and to be able to demonstrate moment-to-moment compliance with the SEC Net Capital Rule. In order to do so, they must have the ability to calculate, on an intra-day basis, their capital charges, which can be an extremely complex process. The new offering, an upgraded and modernised version of the firm’s original LDB platform, automates the calculation and reporting process around these regulations as well as any firm-specific requirements, in a bid to streamline one of the most significant back-office operational challenges faced by brokers and clearing firms.

Available in both fully SaaS-based and on-premise deployment options, the DASH 360R Risk Based Haircut module has been SOC 1 Type I-certified, while the entire DASH 360R platform is expected to receive a SOC 1 Type II certification later this year.

The platform offers simplified and secure remote access – an increasingly necessary feature given the current work-from-home status of most clients, and an alternative to the increasingly unpopular VPN configurations usually used to access desktop applications outside of an office location.

“The new 360R platform is a huge leap forward for DASH, introducing advanced technologies never before available in regulatory computing,” claims Venu Palaparthi, DASH’s Head of Regulatory Affairs.

New features include bespoke performance through AWS, streamlined automation with the ability to run multiple computations simultaneously in the background, and a collaboration facility enabling users to securely access multiple configurations and use different data retention methods.

Related content

WEBINAR

Recorded Webinar: The UK’s New Prudential Regime for Investment Firms – Time to Prepare!

With the implementation of the new Investment Firms Prudential Regime (IFPR), the FCA is aiming to streamline and simplify the prudential requirements for solo-regulated investment firms in the UK. Under the new regime, all MiFID authorized, Collective Portfolio Management Investment Firms (i.e. UK UCITS ManCo and Alternative Investment Fund Management Firms permitted to undertake Additional Activities)...

BLOG

Harbr Data Exchange Democratises Internal Data, Provides Collaboration for Data Product Creation

Harbr is taking a new approach to data value with an enterprise data exchange that can be used to democratise internal data, enrich a data ecosystem by adding external data, or monetise data by building a marketplace that provides insight into numerous data products. The London-based company was founded in 2017 to address the problem...

EVENT

LIVE Briefing: ESG Data Management – A Strategic Imperative

This breakfast briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook – Fourth Edition

Need to know all the essentials about the regulations impacting data management? Welcome to the Fourth edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today A...