Latest Reporting/compliance News: Finextra Research

PM Capital selects Catena trade repository gateway for derivatives reporting

Catena Technologies today announced that Sydney-based fund manager PM Capital has selected its Trace trade repository gateway product to report OTC derivatives trades to the Australian Securities and Investments Commission.

30 July 2015

Company update/Reporting/compliance

Goldman Sachs fined $1.8m for reporting failures

The Financial Industry Regulatory Authority (Finra) announced today that it has fined Goldman Sachs Execution & Clearing, L.P. $1.8 million for systemic Order Audit Trail System (Oats) reporting violations spanning a period of more than eight years, failure to accurately submit required trade reports to the appropriate Finra Trade Reporting Facility (TRF), and related supervisory failures.

27 July 2015

Company update/Reporting/compliance

AxiomSL reports Swedish bank contract win

AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that a large Swedish bank has chosen to use AxiomSL’s platform to centralize its head-office regulatory calculations and reporting, and its branch-level reporting in Germany, Norway, Finland, Poland, Denmark, Austria and the United Kingdom (UK).

27 July 2015

Company update/Reporting/compliance

Message Automation posts record profits for 2014/2015

Message Automation (MA), the derivatives Post Trade Control specialists have announced record results for their financial year ending in June 2015.

20 July 2015

Company update/Reporting/compliance

Swift adds Vietnam bank to its KYC registry

Swift announces today that Vietnam Bank for Agriculture and Rural Development has joined the Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance

20 July 2015

Company update/Reporting/compliance

Avox granted ISO certification for info security management

Avox Limited, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the industry leader in legal entity reference data, today announced that it has been awarded International Standard Organisation (ISO) 27001 Certification from the British Standards Institution (BSI).

20 July 2015

Company update/Reporting/compliance

Bloomberg introduces Volcker-compliant covered funds tool

Bloomberg has introduced the first tool in the marketplace to help banks and other financial institutions identify covered funds under the provisions of the Volcker Rule.

14 July 2015

Company update/Reporting/compliance

Fenergo scores $75 million investment from Insight Venture Partners

Fenergo, the leading provider of Client Lifecycle Management software solutions for investment banks, capital market firms and private banks, has announced today that Insight Venture Partners, a New York-based private equity and venture capital firm, has agreed to invest $75 million in the company.

14 July 2015

Company update/Reporting/compliance

Challenger Bank Hampden & Co signs with Evry for card services

Hampden & Co is the first new private bank to be set up in the UK for thirty years. The new bank is built on modern and efficient banking solutions designed to serve clients in the private high-end segment of the retail market. EVRY and Hampden & Co have entered into an agreement for EVRY to deliver card and card-related services.

09 July 2015

Company update/Reporting/compliance

Kx Systems wins SEC contract

Kx Systems, a leader in high-performance database and time-series analytics, has announced that it has been awarded a contract by the U.S. Securities and Exchange Commission (SEC) for use of its kdb+ software in supporting its ongoing IT objectives.

07 July 2015

Company update/Reporting/compliance

Nasdaq's BWise offers turnkey package for SOX reporting

Nasdaq's BWise (NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC), announced today the launch of the Nasdaq Sarbanes-Oxley (SOX) Software Solution in collaboration with Nasdaq's Listings Services business.

30 June 2015

Company update/Reporting/compliance

Irish Stock Exchange runs surveillance with Scila and Deutsche Bourse

The Irish Stock Exchange (ISE), the Dublin-based exchange, has chosen to implement Scila Surveillance, provided by the leading independent Stockholm-based surveillance technology provider Scila.

30 June 2015

Company update/Reporting/compliance

Banks resort to box-ticking to meet ovewhelming regulatory burden

Today, GFT, one of the world’s leading IT solutions and consultancy providers to the banking sector, releases the findings from a global research project aimed at uncovering the attitude of the global investment banking community to ‘The New Normal’ - a constant state of regulatory change.

17 June 2015

Company update/Reporting/compliance

FIS opens Centre of Regulatory Intelligence

Increasing interactions with government officials and regulators in order to unlock deeper regulatory insight, FIS (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, has announced the opening of its Center of Regulatory Intelligence in Washington, D.C.

17 June 2015

Company update/Reporting/compliance

Northern Trust launches UK Sorp reporting package

Northern Trust (Nasdaq: NTRS) has launched a new Statement of Recommended Practice (SORP) reporting solution to help institutional clients navigate the new UK SORP reporting requirements.

12 June 2015

Company update/Reporting/compliance

Swift KYC Registry approved by Bank of Russia

The Russian SWIFT National User and Member Group, ROSSWIFT, has been given approval by the Central Bank of the Russia Federation (CBRF) to roll out SWIFT’s Know Your Customer (KYC) Registry to Russian financial institutions.

11 June 2015

Company update/Reporting/compliance

Trayport connects to Regis-TR for Remit reporting

Trayport extends its Emir connectivity to Remit by connecting to Regis-TR’s Registered Reporting Mechanism (RRM).

11 June 2015

Company update/Reporting/compliance

Wolters Kluwer bags Sri Lankan risk reporting deals

Risk and regulatory technology company Wolters Kluwer Financial Services has expanded its geographic reach in Asia, following news that Sri Lanka’s two largest private commercial banks have signed up to use its OneSumX Finance solution.

11 June 2015

Company update/Reporting/compliance

Sumitomo Mitsui Trust goes live with Lombard Risk Reporter

Lombard Risk Management plc (LSE:LRM) is pleased to announce that the London branch of Sumitomo Mitsui Trust Bank has successfully gone live with Lombard Risk REPORTER for Bank of England / Financial Conduct Authority regulatory reporting.

11 June 2015

Company update/Reporting/compliance

BBH extends relationship with Nice Actimize

NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of financial crime, risk and compliance software for the financial services industry, will support and enhance Brown Brothers Harriman & Co.’s (BBH) compliance operations with expanded licensing of its Trade Surveillance portfolio, including the Actimize Trading Compliance Solution – Control Room and Actimize Enterprise Risk Case Manager solutions.

09 June 2015