Apex Group (Apex), a global financial services provider, has launched a new Compliance Solutions service which will be run by Mel Scotland.
A thick broth of global regulation is putting added pressure on investment managers to institutionalise their compliance programmes.
The latest data from FXLIQUIDITY, provided by Mosaic Smart Data, CLS and MUFG, reveals that FX volumes dropped by between 10 and 25 per cent across all currency groups between 22 and 26 June.
AcadiaSoft, a provider of risk and collateral management services for the non-cleared derivatives community, has partnered with derivatives analytics firm OpenGamma to simplify the workflow for compliance of Phases 5 and 6 of the Uncleared Margin Rules (UMR).
Compliance and data analytics firm SteelEye, and UnaVista, the regulatory reporting platform from London Stock Exchange Group, have formed a partnership to support financial firms with best-in-class reporting services as they migrate from CME’s European Trade Repository (TR) and NEX Abide regulatory reporting services, which will close in November 2020.
ONE regulatory has been appointed by Maitland to implement R-ONE, a cloud-based compliance technology and workflow tool.
Singapore-based consultancy ComplianceAsia Consulting has launched iLearn, an online portal which provides compliance training programmes for Singapore’s asset managers, in partnership with the Investment Management Association of Singapore (IMAS).
Financial communications compliance provider NICE has integrated its Trading Recording System (NTR) on the Microsoft Teams platform to drive the digital transformation of financial services.
Dallas headquartered Strait Fund Services (STRAIT) has made a strategic hire in Houston, Texas with the appointment of Michael Barakat.
Increasing regulations around cybersecurity, data protection and privacy are reinforcing the proposition of outsourced third party service providers. They themselves already operate under a strict data governance framework and recommend robust risk management and data governance strategies to clients so legislation by governing bodies further underlines the importance of the service they offer.