Solutions
MTS and UnaVista are teaming up to offer a regulatory reporting solution for firms who execute Securities Financing Transactions (SFTs), such as repo trades.
Market participants with a connection to UnaVista Trade Repository and who trade repo contracts on the new Global Collateral Management (GCM) segment of MTS BondVision will be able to match initial trade data fields, creating an entry in the UnaVista portal which can be populated and enriched with additional data.
The proposed regulation covers SFTs conducted by any firms established in the EU, regardless of where the individual branch is. It will also
Innovation means many things to many people but with respect to financial services, Northern Trust is quite clear that innovation should create real value for the client or shareholder. In other words, there is no point innovating for innovation’s sake.
Too many times people think about innovation as relating to the latest technology, whereas in reality it can be much simpler than that.
“The best example outside of the financial industry is the automotive industry,” comments Pete Cherecwich (pictured), President of Corporate & Institutional Services at Northern Trust. ‘When you buy a car, you have a cup holder between the
Singapore Exchange (SGX) has launched net total return and price return futures on the MSCI Emerging Markets (EM) and MSCI EM Asia indices, making it the first and only exchange in Asia to offer investors exposure to these fast-growing market segments.
Asia is the dominant risk and investment factor to the EM basket, with over 70 per cent capital weightage of the index. The introduction of these new futures contracts is the next stage of evolution in SGX’s comprehensive portfolio of Asian country-specific equity and currency indices, and reflects both MSCI and SGX’s belief that Asian investment exposure will grow
SBL Network (SBL), a new fintech company created to provide transaction and information services to the global capital markets industry, is to launch a peer-to-peer securities lending platform.
SBL has raised approximately GBP1 million this year via two EIS-qualifying funding rounds and now plans to launch the Aquila Network in response to the growing demand for greater transparency in the securities lending marketplace.
Aquila Network provides the first market place allowing major institutional owners of equities such as Pension Funds, Insurance Companies and Sovereign Wealth Funds, to negotiate and lend directly to Hedge Funds. Participants will be able to
By George Ralph, RFA – Start-up hedge funds have a lot to think about; from the crucial raising of initial capital and building up a client base, to finding the right team of people and ensuring that everything you are doing is fully compliant with every regulatory requirement.
Investopedia lists the key areas of concern for hedge fund start-ups as; building a competitive advantage, defining a clear strategy, raising capital and seed capital, pulling together a comprehensive marketing and sales plan, addressing risk management, ensuring compliance and organising legal assistance and deciding whether to use a prime broker. With my
NEX Regulatory Reporting is to apply to become a trade repository for the Securities Financing Transactions Regulation (SFTR) and launch a dedicated reporting solution, pending the issuance of the final technical standards from ESMA.
NEX Regulatory Reporting will in time add the SFTR trade repository and solution to its Global Reporting Hub to provide clients with an end-to-end solution for the securities lending and repo markets. The SFTR trade repository will be built and hosted in the cloud to ensure client data is processed and stored in a highly secure and robust environment.
Leveraging the NEX portfolio of services,
The Derivatives Service Bureau (DSB) has reported a steady rise in registrations since its launch on 2 October, with increasing numbers of firms looking to sign up in time for the implementation of MiFID II on 3 Jan 2018.
As the industry’s first fully automated OTC derivatives reference data utility, there has been strong and rising interest for programmatic connectivity from swap market participants. Activity amongst technology vendors has also been strong, with many referring their own end-users to the DSB to discuss the best user model for each, including the use of the DSB’s free open-data.
In the first
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has released a new version of its Financial Public Holidays service.
Monitored daily, the service provides timely and accurate information on holiday observances affecting financial institutions such as Exchanges & Trading Venues, Banks, Settlement venues and Currency traders.
The latest update adds extensive coverage to our services, allowing subscribers to now access 1485 Exchanges and Trading Venues, 262 Banks, 149 Currencies, 118 Clearing Banks, and 150 Exchange holidays celebrated by Clearers. Holiday observances are now available for the next 33 years and historical data
Risk management comes in many forms for private equity and alternative investment firms, with a wide range of scenarios to consider including: account technology risk; third party and supply chain risk; fraud and misconduct risk; cyber risk; compliance risk; and reputational risk.
Aimed specifically at alternative investment and private equity firms, this free, lunchtime RFA risk management training session, which is being held in London on 7 and 11 November from 11:00-14:00, will give fund managers, operational and technical leaders, and board members a clear understanding of how to manage and mitigate information risk.
This three-hour session led by GDPR
IHS Markit has launched a cross-asset class registry of systematic internalisers (SIs) to help firms understand their trade reporting obligations under MiFID II.
The service covers all asset classes covered by ESMA RTS 2, including bonds, all classes of OTC derivatives, equities and equity-like instruments and structured products. It was developed in consultation with the International Swaps and Derivatives Association (ISDA), broker-dealers, Approved Publication Arrangements (APAs) and other industry groups.
SIs are investment firms that fill a significant number of client orders internally. According to MiFID II, when one party to a transaction executed off-venue or on a non-European
