Latest Reporting/compliance News: Finextra Research

Thailand considers fintech regulation

Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.

22 July 2016

Company update/Reporting/compliance

Artemis selects behavioural analytics software for compliance from Sybenetix

Leading UK-based fund manager Artemis has agreed a multi-year deal for Sybenetix’s end-to-end market abuse surveillance, case management and conduct management system.

21 July 2016

Company update/Reporting/compliance

Actiance addresses compliance challenges with using Instagram as business platform

Actiance, the leader in communications compliance, archiving, and analytics, today announced enhanced Actiance Socialite support for Instagram, ensuring that firms using the online image sharing app as an enterprise communications tool meet financial regulations including MiFID II.

21 July 2016

Company update/Reporting/compliance

Tradecho APA available on Colt PrizmNet

Colt PrizmNet, the financial extranet developed by Colt, will enable connectivity to Tradecho’s multi asset APA solution for pre- and post-trade reporting, enabling capital markets firms to comply with the new trade reporting obligations due for implementation in January 2018 as part of MiFID II.

21 July 2016

Company update/Reporting/compliance

Mortgage Brain enlists NaviSite for cloud home buying

NaviSite Europe Limited today announces that multi-award winning technology solutions provider Mortgage Brain has selected NaviSite as its cloud services partner.

20 July 2016

Company update/Reporting/compliance

Tower Trading Group selects Ancoa market surveillance platform to monitor multi-asset trading activi

Ancoa, provider of contextual surveillance and insightful analytics for exchanges, regulators, buy & sell-side firms, today announced that Tower Trading Group (TTG), a global trading firm delivering bespoke commercial and technical solutions for professional traders, has selected Ancoa’s market surveillance platform to monitor its multi-asset trading activities across all exchanges and Independent Services Providers (ISVs).

19 July 2016

Company update/Reporting/compliance

Marathon Asset Management taps SimCorp for client reporting

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has announced that Marathon Asset Management LLP (Marathon) has chosen its end-to-end client communications and reporting suite, SimCorp Coric, to improve its client communication and reporting capabilities.

14 July 2016

News/Reporting/compliance

Computer coding error costs Citigroup $7 million

The US Securities and Exchange Commission has slapped a $7 million fine on Citigroup to settle charges that a computer coding error caused the firm to provide the agency with incomplete 'blue sheet' information about trades it executed.

14 July 2016

Company update/Reporting/compliance

NRI product upgrade for Basel Committee’s new SA-CCR regulation

Nomura Research Institute, Ltd.(NRI), a leading provider of consulting services and system solutions, today announced that T-STAR/GX, NRI’s solution for asset managers’ securities operation management, will be upgraded to respond to the new standardized approach for measuring counterparty credit risk exposures (SA-CCR) under Basel III which takes effect in January 2017.

13 July 2016

Company update/Reporting/compliance

Euronext to offer MiFID II-compliant trade publication and transaction reporting services

Euronext announced it will enhance its Trade Publication and Transaction Reporting Services to allow investment firms to meet the new regulatory requirements specified under MiFID II.

11 July 2016

Company update/Reporting/compliance

TMF Group launches common reporting standard services

TMF Group, a leading provider of global business services, has launched Common Reporting Standard (CRS) services to assist financial institutions fulfil increased compliance requirements, as part of the worldwide initiative to reduce tax evasion through the automatic exchange of financial account information.

06 July 2016

Company update/Reporting/compliance

Nice upgrades Skype for business recording tech

Nice today announced the release of the latest edition of its recording solution for Skype for Business, which brings the trusted capabilities of Nice recording solutions and unique financial services compliance features to Microsoft’s latest unified communications platform.

06 July 2016

Company update/Reporting/compliance

Industry lobbies unite to decry CFTC source code rules

The FIA, FIA Principal Traders Group (FIA PTG), International Swaps and Derivatives Association, Inc. (ISDA), Managed Funds Association (MFA), and SIFMA’s Asset Management Group (SIFMA AMG) sent a joint letter to the Commodity Futures Trading Commission (CFTC) in response to the reopened comment period on its proposed rule on regulation automated trading (Reg AT).

30 June 2016

Company update/Reporting/compliance

Wolters Kluwer opens Indonesian office

Wolters Kluwer today announced the opening of its office in Jakarta.

29 June 2016

Company update/Reporting/compliance

FirstRand Bank goes live on AxiomSL BofE reporting module

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that FirstRand Bank Limited (London Branch) has gone live on its solution for the production and submission of the statistical reports required by the Bank of England (BOE).

29 June 2016

Company update/Reporting/compliance

Compliance teams squeezed by more regs and fewer resources - survey

A growing awareness of the escalating and ever-changing demands of the regulatory environment, coupled with a potential reduction in the resources available to meet compliance challenges, are the defining concerns of respondents to Thomson Reuters seventh annual Cost of Compliance Survey.

23 June 2016

Company update/Reporting/compliance

Iosco to address data gaps in asset management industry

Securities regulators collect data on the asset management industry to help them fulfil their regulatory responsibilities, such as supervision, enforcement and monitoring of risk.

22 June 2016

Company update/Reporting/compliance

BMCE Bank International goes live on AxiomSL’s regulatory platform

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that BMCE Bank International, a subsidiary of one of Africa’s largest banks, has begun using AxiomSL’s platform to automate regulatory calculations and reporting in the UK.

22 June 2016

Company update/Reporting/compliance

Fidessa partners Commcise on resolving funding for Reasearch Payment Accounts

Fidessa group plc (LSE: FDSA) has today announced a new partnership with Commcise that brings to the market a transactional method for funding Research Payment Accounts (RPAs).

21 June 2016

Company update/Reporting/compliance

HedgServ to deploy ArcReporting tool from RR Donnelly

R. R. Donnelley & Sons Company (Nasdaq:RRD) announced today that HedgeServ will use the RR Donnelley ArcReporting solution for the creation of its clients' financial reports.

20 June 2016