European Union (EU)
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.
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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.
Coleman Launches Interactions Platform
The cloud-based offering allows buy-side clients to manage their interactions with research providers, industry experts and analysts.
Brexit's Unintended Consequences Could Include Mifid III
Political factors will influence fundamental changes made to EU financial regulation, says lawmaker.
Amid Rising Criticism of ‘Misleading’ PRIIPS, EIONA Promises Amendments
Growing concern from regulators and industry bodies about potential harm to investors could yet force the European Commission to eventually rethink its position on PRIIPS.
JP Morgan Expanding Credit Tech Team
The bank is aiming to diversify and grow its credit trading technology team by 15 percent.
The New Oil Rush: An Examination of the Alternative Data Market
Banks are looking to cash in on the alternative data boom, but an in-depth investigation of the alternative data market shows that they may be in for an uphill battle to claim territory.
FlexTrade Adds IPP Platform to EMS
The interoperability platform will enable clients to have access to real-time data sharing and improve workflow collaboration.
Wavelength Podcast Episode 142: AWS Talks Cloud Adoption in the Capital Markets
Also: Trading Technologies is developing an OMS for the sell side and Orbital Insight is embracing a platform-as-a-service model.
Wavelength Podcast Episode 141: Brexit and Blockchain and Data, Oh My
It’s a trio of problems: Mifid II’s data problem; blockchain projects stalled; and data quality issues for machine learning.
French Regulator Says Mifid II Data Quality 'Difficult'
AMF chairman Robert Ophèle says data quality and completeness pose problems for regulatory evaluations of Mifid II transparency requirements, and that regulators will review frameworks following Brexit.
Schroders and Lloyd's Wealth Arms Confirm Joint-Venture Talks
The joint venture is expected to be a tie up between the asset manager and the wealth-management business.