TradingTech Insight Regulatory Reporting & Compliance The latest content from across the platform
Creating Back Office 2.0 – Reinventing Trade Processing on the Block Chain
By Pete Harris, Principal, Lighthouse Partners Financial markets firms seem to be forever complaining about an increasingly competitive marketplace that is driving down revenues and increased compliance and operational procedures that are pushing up costs. No surprise then that many are looking at a technology called block chain in order to simplify their post-trade infrastructures…
What’s More Important: Latency or Determinism?
While speed was everything, latency determinism – ensuring consistent latency throughout your systems for every trade – is increasingly a critical metric for traders executing multi-venue strategies. A recent shift in exchange policy may make a focus on latency determinism even more important. “The fastest in the pack is a Lance Armstrong-type character using every…
Misys Delivers Cloud Based Version of FusionCapital
Misys is building out its FusionCapital trading platform on the basis of its four core workflow solutions – Kondor, Summit, Opics and Sophis – and the addition of components including pricing, curves and securities inventory that can be used across the core solutions but also by third-party vendor solutions. The FusionCapital platform is the culmination…
Talking Intelligent Trading With Andrew Delaney: ITS – The Story So Far
Out of the ashes of A-Team’s highly successful Low Latency Summit conference series riseth the Intelligent Trading Summit, scheduled for this coming February 4 in London. Born of the concept that it’s no longer enough simply to be fast – you have to be smart, too – the Intelligent Trading Summit uniquely brings you the…
Only Reason for Time
According to Albert Einstein “…is so that everything doesn’t happen at once”. Consider yourself in the shoes of a timekeeper of athletic events. The stakes are high, consequently the choice of tools for the job imperative. Endurance or sprint? This question is at the forefront when it comes to providing the appropriate accuracy and granularity…
MiFID II: Rewriting the Code
Demanding regulation is transforming order and execution management systems into detail-driven trading engines The capacity of order management systems (OMSs) to support buy-side desks was challenged at the Barcelona-based Fixed Income Leaders Summit 2015 on 14 October by John Greenan, a front office systems specialist, who suggested that some providers “had not kept pace” with…
Smart Machines: A $10 Trillion Capacity Windfall or a $10 Trillion Jobs Deficit?
By Adam Devine, VP Product Marketing, WorkFusion Predictable, monotonous data work costs the United States, Canada and Europe over $10 trillion of human intelligence each year, and that number is growing. You know the kind of work: a data analyst sitting in front of two screens, one flashing an endless stream of unstructured content, the…
Perseus Acknowledges MiFID II Time Synchronisation Standards as Fair and Reasonable
Changes made to recommendations on time synchronisation in the European Securities and Markets Authority’s (ESMA) latest technical standards for MiFID II have been welcomed by Perseus, a provider of managed services including PrecisionSync time services, and recognised as being fair and reasonable. While previous ESMA recommendations suggested nanosecond clock synchronisation for electronic trading, the standards…
Final ESMA Report on MiFID II and MiFIR Technical Standards Recommends XML and ISO 20022 for Regulatory Data Reporting
The European Securities and Markets Authority (ESMA) has published its final report on Regulatory Technical Standards (RTS) for Markets in Financial Instruments II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). The report covers many aspects of the directive and regulation, and concludes debate over market data reporting, recommending that transaction and instrument reference…
A-Team Data Management Summit: Challenges and Opportunities of Regulation
Regulatory compliance deadlines in January 2016 and 2017 are a challenge for data managers, but also an opportunity to develop data management strategies that deliver business benefits. A panel session at next week’s A-Team Data Management Summit in London will debate these issues and look at how firms are getting ready to meet the deadlines….