Regulation
Video surveillance data: Useful or not?
While some technology vendors say video communication surveillance can help monitor serious compliance breaches, others see such data as a source of additional contextual information.
Despite client concerns, LSE’s new Sedol fees take hold
Under the new fee policy, some of the largest users of the LSE’s identifier codes could see their Sedol spend more than double, though the exchange says the “vast majority” of clients will see no increase.
Finra taps AWS for next-gen regulatory search tools
A long-time AWS client, Finra is using a combination of AWS tools and its own knowledge graph to generate better search results.
People Moves: Bitvore, KX, Wolters Kluwer, Neuravest & more
A look at some of the key people moves from this week, including Elizabeth Pritchard (pictured), who joins Bitvore as CEO.
This Week: JP Morgan, Deutsche Börse, Refinitiv, and more
A summary of some of the past week’s financial technology news.
Swipe left: repo reporting no match for Brexit, or collateral
A happier start than Emir, but SFTR honeymoon is over now that trades report separately in UK and EU.
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.
JP Morgan: New LEI scheme could make codes cheaper
The bank is offering identifiers for free to customers under a new scheme it hopes will drive down costs for entities wanting to sign up.
SEC overstepping authority in NMS plan, Nasdaq claims in court
Nasdaq's counsel argued that the regulator does not have the power to give more votes to non-exchange organizations in the Sips' operating committees.
Symphony suspends Sparc pending registration talks with CFTC
The comms provider may have to register its RFQ workflow and messaging tool as a Sef, or perhaps permanently shut down the business line.
Waters Wavelength Podcast: Bloomberg on FRTB
Bloomberg's Eugene Stern and Brad Foster discuss data challenges relating to the Fundamental Review of the Trading Book (FRTB).
BMLL partners with quants for HFT regulation
Researchers from a Paris university are using the provider’s data and coding environment to build models for more efficient regulatory approaches.
Waters Wrap: Big Tech takes control of cutting-edge encryption (And consortium flat circles)
In addition to growing their cloud presence in the capital markets, Big Tech companies are, unsurprisingly, taking the lead on encryption and security in the cloud. Anthony sees positives and negatives. He also looks at bank-led consortiums.
IBM lures banks’ critical workloads to financial cloud as ‘threat’ from big tech looms large
Having signed a trio of new banks to its financial services-specific cloud, the computing giant is betting on cutting-edge technologies like confidential computing to entice banks threatened by big tech firms.
Not all digital securities were created equal
Cusip’s Matthew Bastian explains that a tokenized asset offering is not the same as other products that get tagged as being a digital asset. The differences are becoming more important as the capital markets industry continues to explore these new…
IHS Markit soft launches more Risk Bureau capabilities ahead of Libor transition
The newly-acquired data giant targets the sell side with a suite of new risk-based applications meant to help banks with the transition from Libor, which is expected for the end of this year.
Waters Wrap: The ‘nightmare’ of ripping and replacing an OMS (And ESG regulations)
Anthony explores why it is that bank CTOs are so reluctant to switch out an order management system. He also wonders if changes to the SFDR ESG proposal will make the regulation toothless.
Traders: Consolidated tape could drive corporate bond market automation
The EC is pushing for a tape for fixed-income instruments, and market participants say it could speed up electronification, if implemented properly.
This week: Genesis, SmartStream, MarketAxess, Allianz GI, and more
A summary of some of the past week’s financial technology news.
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US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
Funds breathe out as EU regulators ease ESG data rules
Majority of mandatory indicators become optional in final draft of sustainability regulation
UK watchdogs run into security fears
Data security and innovation are always going to be in tension. A new plan to improve regulatory reporting might find itself facing worries over security, Jo says.
People Moves: Acadian Asset Management, TraditionDATA, West Highland, FMSB, and more
A look at some of the key "people moves" from this week, including Andy Moniz (pictured), who has been appointed director of responsible investing at Acadian Asset Management.
Waters Wrap: A dangerous game of Cat & hacker (And reg reporting fees)
Anthony takes a look at the Consolidated Audit Trail and concerns over its security. He also touches on the rapidly changing face of the regulatory reporting marketplace.