Financial industry Regulatory Authority (Finra)
Opening Cross: Market Data Meteorologists: Forecasting the Many Faces of Cloud
Over 200 years ago, British chemist and amateur meteorologist Luke Howard laid the foundations for the classification of clouds used today, which, in their various forms, can resemble anything from gauzy material shrouding the sky, to flying saucers,…
FINRA Begins Migration of Market Surveillance Apps to Amazon Cloud, Adopts Big Data Tech
US financial industry regulator FINRA is migrating all of its market surveillance platforms into the Amazon Web Services cloud, to enable the regulator to more efficiently store and process data, in a move that could deliver an annual cost saving of 40…
The More Things Change
Innovation in financial services data management has progressed significantly since a call to arms at Sibos 10 years ago, as shown by new initiatives from Finra and BNY Mellon. But how far has it come?
Finra CIO: Our New Technology Will Lead to More Focused Surveillance
Finra's CIO Steve Randich explained how its new systems of data collection and analysis will lead to a more focused and efficient way of monitoring broker-dealers and ensuring regulatory compliance, during the North American Financial Information Summit…
IRD Awards Include Big Wins For Fenergo, Interactive Data
Fenergo and Interactive Data score big in the Inside Reference Data Awards, as Thomson Reuters recaptures one prize, and Markit is honored for humanitarian work
Finra Identifies HFT, Algo Integrity as Regulatory Priorities
The Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization charged with overseeing US brokers and exchanges, has released a letter outlining its list of regulatory priorities for 2014, among them high-frequency trading …
Finra Eyes New Surveillance System
The US Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization tasked with overseeing American brokers, is soliciting comment over a proposal for new method of collecting data on investment sales activities.
Trillium Begins Post-Trade Analytics Push
Trillium Labs, a software development spin-off from New York-based proprietary trading firm Trillium Trading has filed a patent for a new post-trade compliance monitoring tool for US equities trading that compares traders' order data to full order book…
S&P Capital IQ Displays Gov, Corp Bond Data Beside Evaluations
The pricing and data vendor has enhanced the transparency of its evaluated prices by displaying input data, including 2,000 daily government bond quotes in 37 currencies, on its valuations platform
MTS Prepares to Launch US Fixed-Income Platform
Fixed-income trading marketplace MTS has announced that it will launch a bond platform for US institutional entities, and has registered a US subsidiary in the process.
MTS Prepares to Launch US Fixed-Income Platform
Fixed-income trading marketplace MTS has announced that it will launch a bond platform for US institutional entities, and has registered a US subsidiary in the process.
ConvergEx Readies Electronic Blue Sheet Compliance
ConvergEx Group has announced that its LiquidPoint options trading software will be fully compliant with Electronic Blue Sheet (EBS) requirements in the US, once they come into force on November 1, 2013.
Colby, Four Others Join DTCC Board
Finra's chief legal officer, Robert Colby, is joined by four representatives of financial firms' clearing agencies on the board of the Depository Trust & Clearing Corporation.
Surveying the Social Data Frontier
New guidance from US regulators on what is permitted for communicating via social media could create a new source for securities reference data for data managers to consider. Michael Shashoua reports on the significance of the SEC and Finra moves, as…
Finra Taps Citi's Randich as CIO
Former Citi, Nasdaq CIO will lead regulator's technology initiatives.
Jake Thomases: A Step in the Right Direction
It’s not often that when it comes to introducing new regulations, the SEC garners appreciable industry support. But as Jake explains, one of the regulator’s most recent pieces of legislation affecting large swaths of the US financial services industry,…
Technology Integral as New Finra Suitability Regulations Come Into Force
Finra's rules 2090 and 2111 are set to make suitability a bigger issue for brokers, bringing legal clarity but also the need for holistic solutions.
Regulators Advocate Broader View of Data Systems Issues
Teresa Glasser, acting deputy director of the US Treasury Office of Financial Research, spoke about taking an overall view of data and systems issues for identifiers, in a discussion at Sifma, as Inside Reference Data editor Michael Shashoua recounts