Trading Systems Insights

In September the UK’s Open Banking implementation body (OBIE) announced a significant uptake in the number of Open Banking service uses in the UK, with over two million people now benefiting from Open Banking products. This represents a 100 percent increase in users in just over six months since the start of the global pandemic. Both... read more

Firms are running out of time to switch reporting platforms and trade repositories (TR) as the closure date for CME Group’s NEX/Abide looms. “Certainly there is no extension past November 30 for the NEX Abide Regulatory reporting and trade repository and firms should have migrated by now,” said Philip Flood, chief commercial... read more

As countries across Europe return to lockdown, the world’s global banking giants are sending their staff home. Many of the top banks have publicly announced plans to return workers to the kitchen table or the bedroom desk after a brief period of allowing the option to work in the office. And some people are not happy about it.  ... read more

The latest Consolidated Audit Trail (CAT) reporting obligations went live on October 26. However, there’s no time to rest for firms, who are now tasked with preparing for the next set of requirements in January 2021. Having moderated a CAT webinar with leading industry experts from FINRA CAT, Morgan Stanley, RegEdge, and Cboe Global Markets... read more

Investment managers have been under immense pressure for some time, which is acting as a catalyst for much-needed change across the asset management industry. The monumental shift towards passive investing has stretched fees and stricter regulation has dramatically increased compliance costs. That's put significant strain on margins for active... read more

As an industry, financial services is seeing unprecedented threats from cyber and technology risks. As institutions work tirelessly to stay ahead of criminal activities, hackers continue to up the ante and advance their techniques. In this article, we discuss the threat landscape and how it has evolved, alongside authentication methods and ways... read more

The European Securities and Markets Authority’s (Esma) new stress tests expose a lack of preparation among asset managers, highlighting the importance of regtech providers in risk assessments. “The industry has been relying heavily on independent regtech providers who offer solutions as well as expertise to perform gap-analysis,... read more

With Brexit looming, politicians and trading market participants are growing increasingly sceptical of equivalence between EU and UK trade reporting. “I have not the impression that the European Commission is inclined to move forward with an equivalence decision for trading venues swiftly, particularly in the absence of an overall... read more

Data has been a hotly discussed topic in the banking world for some time now. And as firms learn to adapt to the latest pandemic pressure – whether that be new working environments or unprecedented levels of market volatility –  the need for real-time visibility of their data has never been more important. But when it comes to... read more