Entity
DORA stalls over identifier dispute
A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.
Symphony brings Web3 to KYC with new ID service pilot
Symphony Communication Services is piloting an experimental ID service that uses Web3 and DeFi concepts to automate and reduce the burden of tasks like know-your-customer, onboarding, and reporting.
This Week: Deutsche Bank/FinLync, State Street/Paxos, Glue42/AllianceBernstein & More
A summary of the latest financial technology news.
Trumid, SGX Asia bonds JV faces uncertain future
Costly delays to launch of exchange sees backers slash headcount
EU trading venue definition could crush innovation, say bank execs
Firms worry that regulating a broader net of firms could unravel progress in fixed income electronification and raise costs for market participants
Looming court battle could void SEC’s market data efforts
Litigation preview: What will the big exchanges argue in a court case to reverse the SEC’s initiatives?
This Week: Amundi Tech; Broadridge/ Santander; Deutsche Börse & more
A summary of the latest financial technology news.
Bank consortium led by SocGen seeks to cure post-trade data ills
Project led by Societe Generale that uses privacy-enhancing technologies to solve data management issues hopes to sign up five banks and launch as a legal entity.
UnaVista SFTR closure casts doubt on viability of reg reporting
The decision to shutter the service is another blow to the industry and the business case of reg reporting under SFTR.
Swedish bank finds Covid-19 recovery insights in alt datasets
High-frequency data such as human mobility data and plastic shipments can help investment professionals understand the post-pandemic economic reopening.
Esma: Firms struggled with trade data porting after CME wind-down
The EU regulator had to coordinate efforts with local NCAs to clamp down on failures made by counterparties to meet Emir guidelines for porting data.
IHS Markit Adds Tool to SFTR Platform to Catch Missing LEIs
The data provider's SFTR offering provides opt-in features to minimize LEI-related errors in collateral messages.
How Schroders is Bypassing the Noise in News Sentiment to Identify Credit Risk
The UK asset manager is using Owlin's media analytics platform to identify negative news sentiment linked to credit risk.
Silent Eight Preps Transaction Monitoring Tool
The firm is testing the tool with a few clients before making it available to a broader audience.
Lazard Asset Management Revamps Data Model to Reflect Covid-19 Reality
The firm developed a short-term data strategy to avoid the use of unreliable data and better understand the effects of the pandemic on the market as it evolves.
Regulators Defend ESG Data Requirements
Disclosures will protect end investors and increase the amount of data on ESG, supervisory authorities said at a public hearing.
Deutsche Börse to Exit Regulatory Reporting Business
Sources say a pricing war and cost pressures are causing service providers to reconsider their regulatory reporting businesses.
LEI Foundation Pilots Blockchain-Based Credentials Solution
GLEIF has partnered with vendor Evernym to create digital wallets that link employees’ identities and roles with companies' identifying codes.
Oracle Leverages Deep Learning To Detect Financial Crime
Oracle is using deep learning to find matching patterns for graph analytics within its compliance platform.
This Week: Fidelity Digital Asset, State Street, HSBC, Instinet, INTL FCStone, Quantopian
A summary of some of the past week’s financial technology news.
DTCC Explores Gatekeeper Role for DLT Networks
Post-trade company looks to stay ahead of DLT curve with plans to act as CCP for firms trading on permission-based blockchains.