Standards
SROs Submit Plan for Audit Trail, Initial Costs Estimates Average $53 Million
A group of self-regulatory organizations (SROs) selected by the Securities and Exchange Commission (SEC) submitted its plan to build, implement and maintain the Consolidated Audit Trail (CAT) that will track activity in every National Market System (NMS)…
Managing Compliance from a Single Platform
Northern Trust says it has improved post-trade OTC reporting for clients since deploying Sapient's Compliance Management Reporting System
Guggenheim's Joseph Lodato Pulls Tech, Compliance Together
Anthony Malakian sits down with Joseph Lodato, chief compliance officer at Guggenheim Securities, to discuss the need for compliance and technology to work together in the current regulatory environment. Photos by Timothy Fadek
CME Clearing Europe Selects globeSettle
The Chicago Mercantile Exchange (CME) Group has chosen globeSettle as a collateral location venue for its central counterparty (CCP), CME Clearing Europe.
Northern Trust Appoints Deustche Bank, Euroclear Ahead of T2S Implementation
Northern Trust has selected Deutsche Bank and Euroclear to support its strategy ahead of the implementation of Target2-Securities, or T2S, the centralized securities settlement system aiming at harmonizing settlement infrastructure across Europe.
Updated Version of Linedata Global Hedge Released
Linedata announced an upgrade to its technology platform for hedge fund managers, Linedata Global Hedge.
FX Manipulation Targeted with b-next Release
Surveillance vendor b-next has announced the release of a tool for its Capital Market Compliance (CMC) offering, aimed at detected suspicious trading activity around the foreign exchange (FX) fix.
BATS Makes Early Move on ETF Reporting
BATS Chi-X Europe has announced the impending launch of a centralized reporting service for exchange-traded funds (ETF), set for October 1.
BME's CCP Gains EMIR Authorization
The Comisión Nacional del Mercado de Valores (CMNV) has given authorization to BME Clearing, in line with obligations from the European Market Infrastructure Regulation (EMIR).
DataArt Updates Front-End App for Automated AIFMD Filing
Software vendor DataArt has updated its front-end applications for global fund managers for compliance with the latest requirements introduced by Europe's Alternative Investment Fund Managers Directive (AIFMD).
Asic Grants First Depository License to DTCC
The Australian Securities and Investments Commission (Asic) has granted an Australian derivative trade repository license to the Depository Trust and Clearing Corporation's (DTCC) Singaporean facility.
CME Files for Trade Repository in Québec
The Chicago Mercantile Exchange (CME) has filed an application with the Autorité des Marchés Financiers (AMF), the regulatory and oversight body for Québec's financial sector, to operate a trade repository service in Québec.
BvD Ups Bank Compliance Data
Dutch company information provider Bureau van Dijk will this month begin rolling out enhanced features to Bankscope, its database of banks' financial statements, ratings and intelligence, in response to increased customer demand for quick and user…
ISIN Identifier Standard Widened For Regulatory Compliance
The scope of the key securities identifier, the International Securities Identification Number (ISIN), has been widened. The updated standard will improve transparency and efficiency for both regulators and firms, says Dan Kuhnel, chairman of the…
Market Surveillance Special Report
August 2014 ─ sponsored by Nasdaq OMX and Nice Actimize.
Fenergo Expands to Asia-Pacific
Company appoints Brett Hodge, former head of Asia at Avox, as head of sales for new Sydney office, in response to new regulatory compliance services demands for OTC derivatives
Fenergo and BMO Continue Compliance Partnership
Software provider Fenergo and Bank of Montreal Capital Markets (BMO) are preparing to launch phase two of their onboarding project, designed to meet regulatory deadlines in July.
Nobody Reads These Things Anyway, Right?
Deutsche's FCA penalty leads this week's coverage.
MillenniumIT Preps Surveillance Algo Library
Market surveillance and compliance teams always have one perpetual challenge in modern markets: staying ahead of the curve.
Fingers Crossed for a Smooth Ride This Time
Incoming EMIR requirements and patent trolls lead this week's coverage
CCL Launches Co-Comply
Governance, risk and compliance consultancy CCL has announced the launch of its CCL Co-Comply platform, a delivery system that automatically updates regulatory content to ensure current compliance.
Scila Snatches Contract Win with Optiver
Scila AB has announced a six-month contract with high-frequency trading (HFT) firm Optiver, in which its market surveillance product will be evaluated for its capabilities in the Asia-Pacific region.
Sapient Global Markets Enhances Emir Reporting Services
Sapient Global Markets has enhanced the capabilities of its Compliance Management and Reporting System (CMRS) to support collateral and valuation reporting.
Thomson Reuters Debuts KYC Web Portal
Thomson Reuters has announced the launch of its web-based portal for Accelus Org ID, its platform for know-your-customer (KYC) compliance.