European Union (EU)
People Moves: Xceptor, BIS, CFTC, Deutsche Bank, Tradewind, Dalzell
A look at some of the key "people moves" from July 8-12, including Alexandre Tombini, who joins BIS.
MTS Building an SFTR-Compliant Blotter
The product is scheduled for release in early 2020.
EU Sustainability Guidelines: 'It Will Require a lot of Thought & Investment'
Members of the Commission's TEG say that data availability and flexibility will serve as the greatest challenges.
OpenFin Adds Data Privacy Layer to Operating System
OpenFin has deployed Exate’s data privacy technology to its operating system to help with new rules, such as GDPR.
Human Factor Is Crucial to the Alt Data Gold Rush
While tech advancements are being made, buy-side firms still rely on humans to make sense of alt data.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
Banks Forge Cloud Agreements to Split Accountability
Banks are trying to split responsibility for their operating environments with the major cloud providers. Regulators are having none of it.
Cboe Gains Approval for Dutch Base
US exchange group receives regulatory nod for Amsterdam operations, and appoints a new head to run the EU entity.
Hermes Ramps Up Cloud DevOps Strategy
Shift to Azure has dramatically increased investment manager's ability to push new code, engineers say.
The Hard, Human Lessons of RPA
Robotics’ promise to revolutionize operations by automating tasks and accelerating processes is hitting implementation roadblocks.
MarketAxess' Dutch Approval Gives Greenlight for EU Expansion
The firm will be authorized to operate its trading and reporting businesses from the Netherlands post-Brexit, enabling it to expand its footprint in the European markets.
Deutsche Bank Takes to the Cloud
The investment bank has onshored its collateral management and margin services to CloudMargin's public cloud offering.
No-Deal Data Pacts Fail to Quell Hard Brexit Fears
UK and EU regulators agree to share data post-Brexit, but trading firms say this doesn’t go far enough.
IT Advances Insufficient to Beat Compliance Challenges
Outsourcing reporting could create technological dependencies that could add to firms’ problems in the future.
Bloomberg Gets Dutch Approval for ARM and APA
Authorization enables Bloomberg to continue servicing its EU27 client base following Brexit.
Encompass Adds Bisnode for KYC
The integrated offering will enable Nordic institutions to automate KYC and customer onboarding processes more effectively.
Tradeweb, Bloomberg Gain Dutch Approval Ahead of Brexit
The green light will enable the firms to continue serving their EU27 clients following Brexit.
Esma Calls for Unified Crypto Rules in Europe
The EU's market cops have urged the adoption of a unified approach to crypto assets across member states.
DTCC Trade Repository Receives Swiss Green Light
The trade reporting provider will have authorization to serve Switzerland's derivatives market.
Top 10 European Stories of 2018
WatersTechnology recaps some of year’s top EU stories.
ISIN Fees Rise for the Second Year Running
Power users of DSB's ISIN generator service will pay €117,500, up from €112,500.
UK Regulator Deepens Partnership with Sopra Steria
Although there were reported glitches after Mifid II went live with the Market Data Processor (MDP), the FCA signed on for bigger projects with the company that built the platform.
BCS Launches Synthetic Prime Brokerage Services
The offering will enable easier access to the Russian equity and derivatives markets.
The Day the Data Stood Still
With the UK preparing to leave the EU in March, regulators have a limited amount of time to figure out how to keep the flow of information going between each other post-Brexit—and the window is closing.