Client reporting
Hub to lay off 20% of staff, sources say
Hub’s CEO says this is simply a case of a startup trying to stay nimble and efficient; others say it points to deeper issues.
SimCorp takes ‘Aim’ at EDM space with DataCare rollout
Since launching DataCare in April 2020, the vendor has signed up eight clients, including Zurich Group Investment Management.
Accenture wins contract for Esma’s big data analytics project
The consultancy will provide on-demand tooling for analyzing data collected from Data Reporting Service Providers.
People Moves: State Street, Northern Trust, JonesTrading, LiquidityBook & More
A look at some of the key “people moves” from this week, including Vincent Georgel-O’Reilly (pictured), who's been appointed Emea head of alternatives at State Street.
This Week: MEMX, IUAM/SS&C, Northern Trust, EBS and BME
A summary of some of the past week’s financial technology news.
Citco Launches Data Services Platform
The fund administrator’s clients can now access multiple datasets from one data lake.
HSBC Launches ESG Reporting Service
The bank's securities services division will provide a PDF report to buy-side clients with ratings and emissions data, showing the performance of large holdings over time.
SFTR Preparations Stifled by Data Availability
While the initial go-live date of SFTR is set for early 2020, data availability and legacy processes remain the leading roadblocks.
ASX Offers Free Blockchain Settlement to Lure Early Adopters
ASX plans to release the CHESS replacement in 2021 and the hope is to cut into Swift settlements.
Startup Genesis Receives $3 Million in Series A Funding
The vendor uses a microservices framework to deliver solutions to a wide range of capital-markets firms.
Deutsche Börse and RegTek.Solutions Partner on Pre-Validation Service
New platform aims to address data quality challenges and transparency of transaction reporting regulated by Mifir.
JCV Vendor Audit Module Will Help Exchanges Crack Down on Data Under-Reporting
Officials say the new module will significantly improve the speed and accuracy of vendor data audits by exchanges.
TOFIS Keynote: National Bank of Canada Uses AI to ‘Brew’ a Richer Blend of Banking Services
Some fear the prospect of artificial intelligence taking traders' jobs. But, explains National Bank of Canada's Alexis Gouslisty, AI's greatest opportunities are in transforming the way banks manage data internally and how they interact with clients.
Saxo Bank Launches SaxoTraderPro
Danish bank targets active traders and institutional clients with latest platform.
Former MSCI Managed Analytics Head Joins Axioma
Connelly has spent more than 20 years in the capital markets - first as a trader, then as a product manager for risk management and analytics tools.
Client Reporting Remains Top Mifid II Implementation Challenge
A November 2017 survey of fund managers found client reporting was their biggest concern in the lead-up to Mifid II, and it remains so in the weeks following the regulation’s entry into force.
AFTAs 2017: Best Reporting Initiative—State Street Corporation
From June 2018, the largest registered investment companies—those with net-asset values of over $1 billion—will be required to comply with the US Securities and Exchange Commission’s (SEC) Investment Company Reporting Modernization Rule. Existing forms,…
AMF Platform Processed 3 Million Mifid II Reports in Five Days
The French regulator’s ICY platform debuted along with Mifid II on January 3, and by January 8, it had processed 3 million trade and transaction reports from over 50 firms in France.
GoldenSource Bows Fully Hosted Data Management Tool for Buy Side
Nexus platform allows firms to free up capacity and focus on revenue-generating activities, says vendor.
Technology Takes Aim at Post-Trade Black Holes
The influence of regulation and new technology is prompting a hard look at how post-trade processes can be improved, and perhaps even replaced entirely.
C WorldWide Asset Management Picks SimCorp for Digital Reporting
Danish asset manager replaces current reporting solution with SimCorp Coric