Regulation
MAR Triggers Sophisticated Technology
Firms need to adopt new technologies in data surveillance and monitor communications to check for market manipulation intent
FCA Sets Sights on Regtech
UK regulator's Project Innovate looks at regulatory reporting, KYC
Waters Wavelength Podcast Episode 27: Trading Turrets, Sifma's CAT Comment Letter
Dan and Anthony talk about the future of trading turrets and Sifma's response to the CAT plan.
ESMA Fines Fitch for Ratings Rules Breaches
Over an 18-month period, ESMA found nine instances where Fitch analysts shared information with Fitch's parent company, in breach of ESMA rules.
Sifma Comment Letter Latest in Long Line of CAT Issues
The hurdles the CAT has faced stem from the SEC giving the power to SROs.
Sifma: CAT NMS Plan Has Issues with Duplicative Systems, Cost, Data Security
Industry group criticizes SROs; calls for regulatory body to resolve issues before approval of development plan.
Blockchain for Regulatory Reporting?
Fintech expert: As distributed ledger technology matures, its use cases are becoming clearer
As Compliance Challenges Become More Daunting, Vendors Must Adapt
Vendors discuss how they're adjusting to new regulatory requirements.
Citi Fined $7M by SEC for Trade Data Errors
The fine is the highest imposed by the SEC for violations relating to reporting of "blue sheet" data, which encompasses various types of trade data.
New ComplySci CEO Outlines Plans for Platform Expansion, Growth
Jean-Marc Levy tells WatersTechnology that the vendor will build more predictive tools to monitor employees, expand into Europe and expand beyond financial services.
Providers Partner for Timestamped Reports
Abide Financial and Corvil announce joint solution that includes function to help clients accurately capture trades
Customer Assessment Emerges as Regulatory Priority in Asia-Pacific
Firms increasing focus on anti-money laundering and know-your-customer requirements, Wolters Kluwer advisor says
KYC and Email: A Dangerous Mix
Anthony says that while it’s not often cited as the main reason to move away from email, when it comes to know-your-customer, cybersecurity should be near the top in a pitch meeting.
The Buy Side’s KYC Moment
When it comes to KYC demands, while the sell side still has it the roughest, over the last two years, the buy side has had to take on a greater share of the burden.
Waters Wavelength Podcast Episode 25: Buy Side KYC, User Experience
Dan and Anthony discuss their July features.
Overcoming the FRTB Challenge
Under the Fundamental Review of the Trading Book, having quality data can mean a world of difference in capital charges. Joanna Wright reports
Measurement Deficit Disorder: Which Data to Measure and How to Measure It
Solving data management and regulatory compliance issues requires having correct and accurate data, but also using the right measures for evaluating the data and the right identifiers as barometers of information. Michael checks out schools of thought on…
Golden Copy: Brexit, Trump and the Silver Lining For Data Management
If the UK's departure from the European Union is carried out, its financial data professionals will still have plenty to do
Hello Form PF, My Old Friend
Even as Form PF has largely been solved for, blending those solutions with solutions geared toward other reporting structures will continue to cause headaches.
What Price Brexit: How Will FinTech Be Affected?
WatersTechnology examines some of the key areas of capital markets technology that may be affected by the UK’s planned withdrawal from the European Union.
Firms Unprepared for NAV Changes, Audit Expert Says
Starting October 14, US institutional money market fund valuations must float
Hong Kong Government Uses FinTech Sandboxes to Spur Innovation
Hong Kong’s regulator believes that the market can serve as a gateway to Mainland China and as an ideal region for FinTech development.
Asset Managers Reexamining Outsourcing Strategies
At this year's TSAM NY event, executives from Putnam Investments and General Motors Asset Management discussed how outsourcing has changed in recent years.
The Brexit Effect: Boris Johnson, Donald Trump, Blockchain, Civil War and Zombies
Dan makes a prediction on what the long-term effects of Brexit will be.