In 2021, demand for third-party data in financial institutions is growing, fuelled by the wide availability of innovative technology that can analyse many different data types and by the huge...
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In June 2020, the Bank of England (BoE) created a Post-Trade Technology Market Practitioner panel to look at the future of post-trade systems and processes. The subsequent report posited that...
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Over the last decade, cash equities trading has experienced a high degree of technological and business consolidation, driven by the downward pressure on margins in cash equities brokerage.
GreySpark Partners’ review of Symphony Innovate 2020 conference event’s key themes and trends leads to consideration of the value that Symphony Communication’s software and ecosystem have for the capital markets financial services firms client base globally, beyond the collaboration tool itself.
With most conference events in 2020 migrating from their traditional physical environments into the digital realm, so it was the case for the Symphony Innovate 2020 event, which saw participants congregate online in a reflection of changing work habits and patterns associated with the global pandemic.
COVID-19 has challenged the robustness of banks’ model risk management and EUC policies. In a context where market behaviors are uncertain and changing rapidly, banks need to adapt their approach to model risk management in order to keep business running as usual, whilst maintaining the quality of their pre-pandemic controls.
Beginning in the early 2000s, when the algorithms and software capable of performing transaction cost analysis (TCA) on a semi-automated basis first became prevalent, the definition of the function was always: a method of determining the effectiveness of a set of transactions performed by a counterparty – the key word within that definition being ‘effectiveness.’
New Technology to Address Compliance-by-Policy Inadequacies In recent years, the evolutionary pace of communications technology increased rapidly. Video conferencing, which historically required specialised equipment, is now commonplace and available to...
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For many years now, public and regulatory interest in misconduct by individuals within financial services firms has been high and shows no signs of abating in the current climate.
Since MiFID II’s research unbundling rules came into force in January 2018, with the regulatory intention of eliminating the sellside’s practice of offering investment research as inducements to utilise their...
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In April 2019, GreySpark Partners began exploring the desktop interoperability software and applications landscape to understand how the technology could be used by investment banks to link disparate data sources...
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In Europe, the US Federal Reserve (FED) and the US Office of the Comptroller of the Currency (OCC)’s Supervisory Guidance on model Risk Management (SR 11-7) is accepted as the...
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