Franklin Templeton Picks Silverfinch For Solvency II Services

Investment firm chooses data and compliance provider to field data requests

john-dowdall-silverfinch
John Dowdall, managing director, Silverfinch

Franklin Templeton Investments has retained Dublin-based financial regulatory compliance and data utility services provider Silverfinch to address look-through data requests generated as a result of Solvency II regulation, according to a Silverfinch official.

Solvency II is the European capital adequacy reporting regulation taking effect in January 2016.

"What's concerning is the number of those in the asset management industry still unsure as to how they will deal with the hundreds, potentially thousands, of requests for very granular look-through data from their insurer clients," says John Dowdall, managing director, Silverfinch. "Unless asset managers can provide the necessary information, in the right format and within regulatory deadlines, these insurers will be in great difficulty.

"Forward-thinking asset managers like Franklin Templeton are increasingly alive to the seismic impact this legislation is going to create," he adds.

In November, Silverfinch partnered with Luxembourg-based Fundsquare to build a Solvency II look-through and data utility.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here