Regulation
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.
Lighting Up the Black Box: A Must for Investors?
Many quants contend that you must be able to interpret machine learning in order to use it.
Coronavirus Crisis Highlights Need for More Informed Risk Calculations
Calculating risk sensitivities—the main point of FRTB—took on new importance as the markets dropped amid the Covid-19 global pandemic.
Aegon Asset Management Partners with ACA Compliance for Surveillance
The firm is using ACA's Decryptex to identify fraudulent trading behavior.
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.
Industry Given CAT Relief Due to Coronavirus [UPDATE]
The SEC has released a no-action letter, delaying deadlines for the Consolidated Audit Trail until at least mid-May.
This Week: Nasdaq, Trading Technologies/Nodal, Finantix, GLMX/UnaVista
A summary of some of the past week’s financial technology news.
TISA Selects Atos for Mifid II Reporting Utility
The technical solution will be built on blockchain with the first iteration slated for Q3 roll-out.
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.
New Platform Eases Analyst–Trader Communications Compliance
Client Instant Access’s Omnigage allows compliance officers to approve communications content.
Swap Data Proposals Raise Existential Questions
Regulators around the world collect massive amounts of data, but Jo wonders if there’s any point to these efforts if they can’t use it?
This Week: BNY Mellon; Amazon/Digital Asset; TP ICAP; Hazeltree; SimCorp & More
A summary of some of the past week's financial technology news.
HazelTree Looks to Get Ahead of UMR Phases 5 & 6 with AcadiaSoft Partnership
As a result of UMR, the vendor forecasts the buy side will attempt to minimize its risk, and will pay big if it doesn't.
Deutsche Börse Foresees DLT Role as Network Operator
The exchange says its function may evolve from a traditional market infrastructure provider to managing decentralized networks.
SIX Builds Quantum Security for DLT-Based Exchange
The Swiss Exchange is future-proofing SDX with post-quantum encryption, ahead of its full-service launch.
LEI on the Edge: What Needs to Happen for Wider Adoption?
The financial industry is losing faith in the LEI initiative as regulatory mandates remain patchy, but some see hope in SFTR’s unique-issuer LEI. By Mariella Reason
FIS to Double Down on RegTech and Multi-Asset Coverage
The company's Investment Operations Suite for asset managers is adapting to regulation and changing investment strategies alongside clients.
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.
Google Exec: Regulators Insisting on Multi-Cloud for Financial Firms
As regulators fear vendor lock-in and concentration among cloud providers, Google Cloud pushes its Anthos platform.
Rimes Wards off Sale Speculation with Investment from EQT
A sale was originally reported, but this PE investment will allow the firm to grow its ESG, ETF offering while considering a sale at a later time.
CAT Seeks Approval to Mask Personal Data
The CAT is required to gather personal information, but the CAT NMS committee wants to use a masking method for security.
SteelEye to Monitor Social Media for Trade Reconstruction
Compliance vendor says upcoming automatic trade reconstruction will slash processing times and allow users to monitor news feeds to detect insider trading.
VendEx Readies VReg Tool to Shed Light on Vendor Dependencies
VReg will highlight the third-party services that financial institutions rely on most to meet each aspect of regulations.