Despite the pandemic, sell-side firms in 2020 met a very challenging first-round of compliance with the Consolidated Audit Trail (CAT) trade data surveillance regulatory initiative, learning firsthand that gathering, cleansing, and reporting interfirm transaction data to regulators is much easier said than done. Yet firms are applying lessons learned and more to the CAT deadlines… Read More >>
TTC Supports Eurex Clearing Prisma Margining
Officials at the Technancial Company (TTC), a provider of real-time risk management and trade surveillance tools, say they are “first to market” with offerings that support the new Eurex Clearing Prisma 2.05 real-time margin methodology. The announcement was made at the 40th Annual Futures Industry Association (FIA) Conference, March 10-13, at the Boca Raton Resort… Read More >>
Aite: Spending on GRC Systems to Hit $400M
A federal appeals court on Wednesday overturned two convictions resulting from the government’s high-profile insider trading crackdown, a move that could make it much harder to prosecute such cases going forward. Nonetheless, firms are investing heavily in governance, risk and compliance (GRC) software systems. In fact, market research firm Aite Group expects compliance technology spending… Read More >>
