(To quote the European Securities and Markets Authority (ESMA), the Securities Financing Transactions Regulation (SFTR) “responds to the need to enhance the transparency of securities financing markets and thus of the financial system. The Regulation was published in the Official Journal of the European Union on 23 December 2015.” For firms that do business in… Read More >>
DataRobot Taps Rob Hegarty for General Manager Post
Hegarty to Head Financial Markets and Fintech Unit DataRobot reports that Rob Hegarty has been appointed its general manager of financial markets and fintech. Hegarty, a financial technology veteran, will lead DataRobot’s expansion in the capital markets and fintech industries by “empowering even more organizations to leverage machine learning and become AI-driven,” according to the… Read More >>
StatPro Buys ESG Unit for $3.27 Million
ECPI Unit to Become Part of StatPro StatPro Group, a cloud-based portfolio analysis and asset pricing services vendor, will be enhancing its benchmark offerings for environmental, social and governance (ESG) ratings and indices via the acquisition of the ESG research and index business unit (ECPI) from ECPI Group, officials say. The acquisition for a total… Read More >>
Major Ops Vendors Endorse SFTR Reporting via GTR
The DTCC has scored the support of major operations IT and service providers as they have agreed to link their Securities Financing Transactions Regulation (SFTR) reporting solutions to the DTCC’s Global Trade Repository (GTR) in a bid for a streamlined workflow, officials say. The DTCC has new partnerships with Broadridge Financial Solutions, FIS Global, Murex,… Read More >>
RegTek.Solutions Targets SFTR Data Quality
Vendor RegTek.Solutions is launching a service that provides data quality assurance intended to help firms meet the requirements of the Securities Financing Transaction Regulation (SFTR) of the European Securities and Markets Authority (ESMA). The European regulation is intended to bring transparency to securities financing transactions (SFTs), and will require participants to report all SFTs to… Read More >>
Volante Helps Clients Build Customized RegTech Hubs
Volante Technologies has been working with financial services firms on both sides of the Atlantic to help them build preliminary regulatory reporting hubs that are intended to streamline transaction reporting requirements, according to vendor officials. Vendor officials cannot name names but buy- and sell-side firms are working and testing prototypes. The prototype-testing phase is slated… Read More >>
