SEB has become the second bank to select the trade repository for securities lending reporting, after Societe Generale signed up to the service in February.
Broadridge Financial Solutions has acquired certain private fund regulatory reporting services from PivotDada and Sol Hedge.
Northern Trust completed the transition of bringing Citadel’s technology team, in-house, essentially giving it the right to develop their own software for hedge funds.
Jeffrey Mooney was part of the regulatory team responsible for the US transition to a T+2 settlement cycle in 2017.
Supervisory technology (SupTech) is being explored by some regulatory bodies to overcome challenges of divergent reporting models between countries.
The go-live date for the regulation is set for Q2 2020 after the EC formally adopted the measures.
DTCC adds FIS Global, SimCorp, Broadridge, Murex and RegTek.Solutions as partners to its Global Trade Repository for SFTR reporting requirements.
Private equity managers are increasingly turning to administrators and their ability to introduce new technologies to deal with mounting operational requirements.
CrossWise was launched earlier this year for asset managers to optimise their operating model by combining its front and back-office services.
Panel at InvestOps in London discussed the potential for over-reliance on RegTech firms to comply with MiFID II.