Regulation
Crawling Before Walking
SEF volumes lead this week's coverage.
Sibos: A Good Place To Check ISO 20022 Progress
Industry professionals plan to take stock of progress on the ISO 20022 messaging standard used for corporate actions, in a key session at the Sibos conference in Boston on September 29
Northern Trust Sets Up Delegated Reporting with Sapient
Northern Trust is now able to offer delegated reporting to its buy-side clients, after implementing the Compliance Management Reporting Service (CMRS) platform from Sapient Global Markets.
Investor, Regulatory Demands Drive Latest Linedata Rollout
Yesterday, it was announced that Linedata had enhanced Linedata Global Hedge, its overarching platform for hedge fund managers.
LEI: Looking for the Horizon -- Webcast
On September 18, Inside Reference Data hosted a webcast about progress in implementation of the legal entity identifier and the work to be done to complete the LEI system
ISDA, Markit Launch Derivatives Reporting Tool
ISDA Amend, a joint ISDA-Markit solution, adds a feature to facilitate OTC derivatives trade reporting in three Canadian provinces facing an October 31 deadline
Russian Depository Launches LEI Data Site
The National Settlement Depository has debuted lei-code.ru, a website providing data on legal entity identifiers in the Russian market
Slow Burn: SEFs Make Small Gains as US Market Adjusts to Electronic Trading
In February, it became mandatory to execute certain swap contracts on electronic platforms, introducing what should have been wholesale change to the way that trading operates in the derivatives market. Half a year on, though, evidence of a revolution in…
All Derivatives, All the Time
IT spend and T+2 lead this week's coverage.
Canadian LOU Chooses GMEI Utility
CDS Clearing and Depository Services will use DTCC and Swift's Global Markets Entity Identifier utility for legal entity identifier registration
Questions for EFIS
The upcoming European Financial Information Summit promises to capture the important shifts in data management operations issues that are happening in the industry
Numbering Agencies Update ISIN Standard
Members of the Association of National Numbering Agencies have broadened the standard to cover more instrument types
Nationwide Chooses AxiomSL for Reporting
The financial services firm will use the reporting and risk management provider's services to comply with UK regulations
Thomson Reuters Debuts Solvency II Data Service
The data provider is offering the service through its DataScope Select platform, covering four types of data relevant to compliance with the regulation
Unexpected Sources Of Value
Value, in relation to data operations and management, can mean more than just the importance of the information. It can also be derived from smart collaboration and cultivation.
EMIR-Go-Round
Last month's second deadline under the European regulation, following a February scramble, found the industry better prepared with better command of data reporting requirements, Joanna Wright reports
ECB: Eurosystem Ready for User Testing on T2S Platform
The European Central Bank (ECB) has announced that the Eurosystem is ready to begin user testing on the Target2–Securities (T2S) platform, the pan-European project aimed at providing a single system for settling central bank securities transactions.
Industry Addresses Solvency II Readiness
For some firms, data management operations necessary for compliance with the regulation will take right up to the January 2016 deadline. Others may need more time, industry sources say
Solvency II LEI Imperative Makes Progress
The regulation's proposed requirement for reporting using legal entity identifiers is nearing the end of its industry comment period, and firms that will be affected are looking at how to comply.
LuxCSD Goes Live with LEI Registrations
The Luxembourg securities repository has launched its legal entity identifier service, powered by the DTCC
DTCC Seeks to Expand Real-Time Submission
With an eye on moving the industry forward and increasing efficiency in trade clearance submissions, the DTCC held a forum with the NSCC and industry participants focused on how to reduce risk and streamline the process.
FCA Fines Deutsche Bank for Extensive Reporting Errors
The UK Financial Conduct Authority (FCA) has levied a fine of £4.7 million (approximately $7.8 million) on Deutsche Bank for submitting nearly 30 million incorrect trading reports over a number of years.
With Swap Volumes Slacking, Tech to Serve as SEFs' Differentiator
As the new world of SEF clearing starts to shape, TrueEX's Sunil Hirani says that smaller venues will have differentiate themselves against the larger players by being better at second-order functions.
Chinese LEI Registrar Launches
LEI China, established by the China Financial Standardization Technical Committee certified by the LEI ROC authority last year, has started operating