The Irish Government is keen to embrace the FinTech revolution as is evidenced by its IFS2020 strategy for International Financial Services, which aims to create 10,000 new jobs in the IFS sector by 2020. One particular area of innovation underway
Alternative fund managers have had a myriad of regulatory change to contend with over recent years. In the early stages, many chose to take on the reporting burden themselves. This was very much a learning curve. However, as the complexity
Dublin's International Financial Services Centre (IFSC) employs over 38,000 people and is home to some of the world's leading financial institutions; industry stalwarts such as Merrill Lynch, ABN Amro, JP Morgan. But in recent years, this area of Dublin has
CIP Capital has formed Compliance Solutions Strategies (CSS), a provider of technology-enabled regulatory and compliance solutions to the financial services industry. The CSS platform was created through CIP Capital’s investments in three businesses in the governance, risk management and
Abacus Group, a provider of IT services for alternative investment firms, has launched a new third-party patch management feature for its AbacusFLEXä IT-as-a-Service clients, as well as enhanced compliance reporting within the Abacus Client Portal. Abacus continues to invest heavily
IHS Markit has launched a cross-asset class registry of systematic internalisers (SIs) to help firms understand their trade reporting obligations under MiFID II. The service covers all asset classes covered by ESMA RTS 2, including bonds, all classes of OTC
Quintillion, the European-based affiliate of US Bancorp Fund Services, has expanded its middle office services to include a specialised DTCC reconciliation offering for the OTC derivative and credit spaces. Quintillion clients using DTCC (The Depository Trust & Clearing Corporation) for
NEX Regulatory Reporting is to apply to become a trade repository for the Securities Financing Transactions Regulation (SFTR) and launch a dedicated reporting solution, pending the issuance of the final technical standards from ESMA. NEX Regulatory Reporting will in time
RegTech company AQMetrics has enhanced its end-to-end risk and compliance solution to help buy-side and sell-side firms better prepare for MiFID II. The recent enhancements include: an updated Supervisory Control Portal and Risk Register to provide client classification and
Royal London Asset Management has selected the Confluence’s Unity NXT AIFMD Annex IV transparency reporting solution to support the company’s growing alternative investment fund business. The Alternative Investment Fund Managers Directive (AIFMD) regulation covers hedge funds, private equity, real estate
