Markit

Out With The Old, in With The New

Stories covering AIFMD, IFRS 13, phase-out of old data management processes, JP Morgan's data restructuring and possible open source LEI all point to key changes that have happened in the past month for the industry

CTI, Markit Launch Fatca Compliance Tool

Compliance Technologies International (CTI) and Markit have launched Fatca Service Bureau to help financial institutions with compliance to the Foreign Account Tax Compliance Act (Fatca), which came into force at the start of the year.

The Onboarding Conundrum

Client onboarding is often a cumbersome process, but market practitioners believe it could be streamlined if firms enable their customers to upload and maintain their own data. The catch, Nicholas Hamilton finds, is that strict controls could be needed…

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