UK regulators progress blockchain for regulatory reporting

UK regulators progress blockchain for regulatory reporting

The Financial Conduct Authority (FCA) CEO Nikhil Rathi gives an update on their progress on data and digital ambitions, and the Digital Regulatory Reporting (DRR) initiative. Ledger Insights reports that the FCA blockchain regulatory reporting initiative is making progress.

Securities Lending MVP Merged into the CDM

Securities Lending MVP Merged into the CDM

The International Securities Lending Association (ISLA), a leading industry trade association representing the common interests of securities lending and financing market participants across EMEA, is delighted to announce the completion of the second phase of the association-led development of the Common Domain Model (CDM) for securities lending products.

Securities Lending MVP Merged into the CDM

ISLA Contributes to CDM Codebase

The International Securities Lending Association (ISLA), a leading industry trade association representing the common interests of securities lending and financing market participants across EMEA, is delighted to announce the contribution of the code produced during the Securities Lending CDM Pilot, completed in 2020 in conjunction with REGnosys, to the core CDM codebase.

Digitizing derivative reporting with DRR

Digitizing derivative reporting with DRR

Rachel Wolcott takes the chair to talk to Dawd Haque, Deutsche Bank, PJ Di Giammarino, JWG and Leo Labeis, REGnosys about the industry’s ground-breaking collaborative effort to get derivatives trade reporting right.

G-SIBs back Derivatives DRR programme for EMIR Refit

G-SIBs back Derivatives DRR programme for EMIR Refit

Many U.S. and European globally systemically important banks (G-SIBs) have seconded staff to a digital regulatory reporting (DRR) project that mutualises derivatives reporting rules interpretation, expresses those rules as computer code in alignment with trade association-agreed best practices. The project is training 25 G-SIB-supplied specialists to study the data fields required for the European Market Infrastructure Regulation (EMIR) Refit implementation and to produce and test code to populate those fields correctly using REGnosys’ Rosetta platform.

Goldman Sachs Open Sources its Data Modeling Platform through FINOS

Goldman Sachs Open Sources its Data Modeling Platform through FINOS

The Fintech Open Source Foundation (“FINOS”), together with platinum member Goldman Sachs (NYSE: GS), today announced the launch of Legend, Goldman’s flagship data management and data governance platform. Developed internally and used by both engineers and non-engineers alike across all divisions of the bank, the source code for five of the platforms’ modules have today been made available as open source within FINOS.