The CFTC and Deutsche Bank are in agreement that a monitor is needed to help the German giant maintain and improve its compliance with its swaps data reporting responsibilities in the wake of charges by the regulator. The CFTC and Deutsche Bank officials jointly filed a motion last week with the U.S. District Court for… Read More >>
Alacra Launches Free Website for Accessing Identifiers
In an effort to accelerate the adoption of the Legal Entity Identifier (LEI), Alacra Inc., a provider of reference database solutions for financial institutions, has launched what it is calling a new approach to accessing publicly available entity identifiers. The new website offering Alacra Resolve will help end users access LEI, GIIN, ticker, CIK, FRN… Read More >>
SETL Jumps Into Blockchain Race
There’s a new contender in the race to bring Blockchain technology to bear on the financial world’s post-trade infrastructure. SETL, a new startup, announced Monday that it plans to begin marketing a multi-asset, multi-currency institutional payments and settlements infrastructure based on Blockchain technology. The venture is led by Peter Randall, who made a name for… Read More >>
CFTC to Keep Using DTCC-SWIFT LEI Utility
Regulator CFTC has issued an order extending the designation of a utility operated by the DTCC and SWIFT as the provider of legal entity identifiers (LEIs) for the commission’s swap data recordkeeping and reporting rules, officials say. The DTCC-SWIFT utility — which had initially been referred to via the utility’s website and in educational and… Read More >>
AIM Software Bolsters Sales Efforts in Europe, North America
AIM Software, an enterprise data management (EDM) solutions vendor, has appointed Ben Hopcroft to the post of director of sales for the U.K., The Netherlands and the Nordic Markets. The appointment follows shortly after the announcement that Marco Sablone, the former director of sales and marketing at Joss Technology, has joined the sales organization for… Read More >>
‘Joss offerings will be integrated with AIM’s suite’
AIM Software, based in Vienna, Austria, is completing its acquisition of New York-based entity data management vendor Joss Technology, according to Olivier Kenji Mathurin, head of product marketing and research for the data management vendor. Joss Technology is the maker of the Entity Data Management System (EDMS), the “entity master” that uses a fuzzy logic… Read More >>
Fenergo Lands $75 Million in Private Equity Funding
After showing consecutive, year-over-year growth of 100% for the past three years, know your customer (KYC) management software vendor Fenergo has secured a $75 million investment from Insight Venture Partners, a New York-based private equity and venture capital firm. The transaction is expected to close within the next few weeks, Fenergo officials say. Insight Venture… Read More >>
FTF News Q&A: ‘Centralizing Data Lowers Operational Costs’
The post-trade infrastructure services provider DTCC recently launched a set of centralized data provisioning services — DTCC Data Products — that includes an expansion of the DTCC’s support for exchange traded funds (ETFs) and corporate actions, ISO 20022-based data product offerings. The consolidation of DTCC data products and data provisioning is the first phase in… Read More >>
Q&A: ‘The Ambition Is to Make the LEI System Valuable’
The Global Legal Entity Identifier Foundation (GLEIF) recently appointed Karla McKenna of Citigroup as its new head of standards. The GLEIF is responsible for issuing Legal Entity Identifiers (LEIs) for firms operating in the financial markets, and in her new role McKenna will be responsible for “facilitating the development and implementation of GLEIF standards and… Read More >>
Citi’s McKenna to Serve as Head of Standards for GLEIF
The Global Legal Entity Identifier Foundation (GLEIF) has appointed Karla McKenna as its new head of standards, effective immediately, officials say. McKenna, a well-known specialist in financial standards, will be responsible for “facilitating the development and implementation of GLEIF standards and leveraging international standards from organizations such as the International Organization for Standardization (ISO) to… Read More >>
