While the initial go-live date of SFTR is set for early 2020, data availability and legacy processes remain the leading roadblocks.
Clarke says his role will help expand the vendor's reach in "an open and interconnected regulatory landscape."
The platform aims to modernize communications among counterparties and deliver sophisticated data analytics.
IMD/IRD Awards 2018
IMD/IRD Awards 2018
Know your client (KYC) is now more important than ever. With regulatory compliance remaining onerous, capital market firms need to be heavily dependent on the collection, processing and management of client and counterparty data, documentation and…
The new platform will be available via the firm’s Counterparty Manager platform to address the need for documentation management.
Avox's staff have already transferred from being DTCC employees to being Thomson Reuters employees, according to a source familiar with the situation.
A recent report by an international group of market supervisors has expressed concern about firms’ ability to report on their counterparties. Why does this area of data management remain so challenging and what should firms do to a get a handle on it,…
Ongoing problems with the management of counterparty risk create opportunities for data and technology vendors to innovate and expand their services
The vendor of company data will blend users' data with its own data and display the results on bespoke dashboards to help financial firms understand their counterparty and supplier risk
According to an international group of market supervisors, five years after the financial crisis, firms are not meeting their expectations in relation to the consistent, timely and accurate reporting of their counterparty exposures
Inside Reference Data gathered leading industry experts to discuss strategies for managing data to mitigate counterparty risk in a webcast on 1 March
The market has seen an upsurge in firms investing in improving counterparty data systems and processes to mitigate risk in the years following the fall of Lehman. But have the investments paid off? Inside Reference Data gathered a panel of leading…
A panel of counterparty data experts at the European Financial Information Summit said market participants need to come together to agree on standards—both in terms of names and addresses and a standard identification code
RBC Capital is standardizing global counterparty data processes, with teams based in Sydney, Toronto, New York and London
FactSet is taking client portfolio data and combining it with entity reference data to support single-name exposure risk management processes
Data vendors Avox and Bloomberg started making some data items free last year. With increased regulatory pressure and a move towards openness, market participants expect to see more vendors adopting a similar approach in coming years
At a time of regulatory uncertainty and calls for increased transparency, the importance of counterparty data quality is high up the agenda, and the focus is now on adding more data fields. Ensuring access to more attributes has become a priority, says…
OFR: The Road to Standardization