Lawmakers and vendors are set to usher in an era of mutualized data insights. Are banks ready?
With regulators taking aim at data providers in the ongoing war over data fees, Max says that data doesn’t need to be free, but it should be transparent, that price increases should accompany increases in value, and that technology already exists to change the status quo.
Six jurisdictions have set deadlines for firms to implement the derivatives identifier, with more expected to follow.
As the EU pushes through a historic AI Act, its neighbor is left wondering how to keep up.
Tri-opoly of cloud vendors “poses systemic risk” to financial sector, say risk managers
As regulators confirm that perimeter guidance applies to tech firms, the focus shifts to enforcement.
Industry welcomes flexible issuance limits, but rues derivatives’ exclusion as a missed opportunity.
Most opt for outright ban, but some seek technological solutions to monitor private messaging.
The regulator is concerned that rapid AI adoption will favor incumbent vendors; it aims to launch a sandbox.
The AMF’s move has left industry observers wondering if this will lead other regulators in Europe to follow suit.
As fines levied by the FCA and SEC rise, so too has spending on 'regtech.' But Anthony warns that for the regtech space to evolve further in the future, it must first initiate changes to its ecosystem.
A new study finds that asset managers are paying several times more than their peers for the same services—but why? And can it be fixed? Does it need to be?
Users of index data often complain about the fees they have to fork out, particularly to the likes of S&P, FTSE Russell, and MSCI. WatersTechnology examines the state of the industry and what will disrupt the status quo.
Industry wants grandfathering in new Treasury framework to avoid business continuity risk
Brokers say there are signs pressure is easing, but quantum hacking threat could transform market
Onshore participants urge regulators to bring cryptocurrency trading out of the ‘shadows’
The EU regulator’s expanded supervisory powers and big data capabilities have caused some confusion on how the data will be used and how Esma’s new role will shape reporting regimes.
“Woolly” rules fuel concern that bulletin boards and tech providers could be swept in
The market operator has onboarded about 500 new clients and aims to create new revenue streams to ease the ongoing cost and margin pressures.
A look at some of the key people moves from this week, including Rana Yared (pictured), who joins the board of Tradeweb as an independent director and a member of the audit committee.
Mike Carrodus says his firm, Substantive Research, has found that pricing inconsistencies for the same dataset can vary enormously, with some institutions paying almost five times more than their peer group.
Coded reporting requirements could save banks “millions” in compliance costs, bank execs say.
Market participants and industry groups are challenging the UK government’s approach to a competitive framework for the consolidated tape.
A summary of the latest financial technology news.