Financial Conduct Authority (FCA)
The angry market data manager: Research finds inconsistent pricing across the buy side
Mike Carrodus says his firm, Substantive Research, has found that pricing inconsistencies for the same dataset can vary enormously, with some institutions paying almost five times more than their peer group.
Banks eye ‘nirvana’ in machine-executable swaps reporting
Coded reporting requirements could save banks “millions” in compliance costs, bank execs say.
One versus many: Firms question viability of UK CT model
Market participants and industry groups are challenging the UK government’s approach to a competitive framework for the consolidated tape.
This Week: Ice, FCA, HSBC, UBS & more
A summary of the latest financial technology news.
People Moves: MarketAxess, FCA, Cowen, IQ-EQ, and more
A look at some of the key "people moves" from this week, including Nash Panchal (pictured), who joins MarketAxess as chief information officer.
New regulation forces UK banks to scrutinize cloud
Firms say changing SLAs and getting required information from vendors like AWS, Azure and Google Cloud is a heavy burden.
UK regulatory consultation hopes to bridge gaps in AI adoption
The industry forum looks to inform recommendations for the safe use of AI in financial firms.
Nasdaq rolls out new fixed-income trade surveillance alerts
The vendor is introducing additional alerts for trade surveillance to help tailor its solution for OTC fixed income.
Definition of a trading venue: Reg review risks ensnarling tech vendors
Industry participants are divided over the definition of a trading venue and how regulators should revise the regulatory framework.
UnaVista SFTR closure casts doubt on viability of reg reporting
The decision to shutter the service is another blow to the industry and the business case of reg reporting under SFTR.
Bloomberg RHub fee hike reflects cost pressures of regulatory reporting industry
Market participants say the price hikes reflect the struggle among regulatory reporting service providers to run sustainable and profitable businesses.
The ABCs of NLP: How Trading Firms Used NLP to Navigate 2020
This year, natural language processing came to the fore in capital markets, helping firms of all kinds parse huge, unstructured datasets.
EU's AI Regulations Could Lay Blame With CTO
Jo wonders if the EC's approach to regulating AI could adapt existing liability laws—with implications for individuals.
People Moves: Google Cloud, FCA, TP Icap, FMSB, Compliance.ai
A look at some of the key "people moves" from this week, including Yolande Piazza (pictured) who has been appointed vice president at Google Cloud.
Scrutiny and Frictions Follow EMS Vendors into Fixed Income
Aggregators are facing resistance from venues and attracting the attention of regulators.
FCA Using NLP, Machine Learning to Regulate Businesses
The regulator is advancing with its strategy to improve its use of tech in its oversight role, says data chief.
AI Can Drive Reconciliations Efficiency In Period of Increased Volume
As the coronavirus drives trading volumes, post-trade processing is increasingly an area of operational risk, and firms should consider automation, analyst says.
Banks Race to Adapt AML Systems for the Coronavirus Age
Lenders expect regulatory lashing if controls fail to keep pace with changes in criminal behavior.
LSEG To Build DLT PoC for Equities Settlement
The exchange's blockchain architect says the product is being prepared for testing in the FCA's sandbox.
FCA and BoE: Evaluate Your Third Parties
Consultation on new rules is set to close on April 3, but regulators are reviewing deadlines as firms are under pressure due to the coronavirus.
Datactics Takes 'Human-in-the-Loop' Approach to Machine Learning
The data quality and matching specialist is testing an entity resolution model for better transparency and explainability.
APIs a ‘Game Changer’ for Third-Party Oversight – BNY Mellon EMEA Commercial Lead
As UK regulators look to strengthen operational resilience rules, one solution could be to use APIs to access vendor data.
People Moves: Archax, Broadridge, FCA, Qontigo, and TruNarrative
A look at some of the key "people moves" from the past week.
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.