CloudMargin, creator of the world’s first collateral and margin management solution native to the cloud, and Margin Tonic, a service provider specialising in the collateral and post-trade domains, have partnered to launch a global Average Aggregated Notional Amount (AANA) calculation service for the latter phases of the Uncleared Margin Rules (UMR).
Online pensions provider, PensionBee, has adopted software from global RegTech firm Clausematch to manage its internal policies and controls.
ComplySci, a provider of regulatory technology and compliance solutions for the financial services sector, has added two new members to its Board of Directors – David Eisner, a former senior US Treasury official, past ComplySci executive chairman, successful technology investor and executive, and Sari Granat, Executive Vice President, Chief Administrative Officer and General Counsel for IHS Markit, a publicly traded provider of market intelligence, analytics and technology.
Milestone Group, a subsidiary of BNY Mellon and a global fintech firm known for digital innovation in investment processing, has launched a new Fair Value Control solution.
Compliance Solutions Strategies (CSS), a RegTech platform providing technology-driven solutions for mandatory regulatory compliance requirements, has launched Document Production Centre, an advanced automation platform for the production and distribution of factsheets, prospectuses and other key documents leveraging the centralised management of data through CSS's proprietary Regulatory Book of Record (RBOR).
Northern Trust (NTRS) has launched an automated solution for initial margin calculation to help asset manager and asset owner clients comply with global regulations governing trading of over-the-counter (OTC) derivatives.
CloudMargin, creator of a collateral and margin management solution native to the cloud, has made enhancements to facilitate clients’ preparedness for the Uncleared Margin Rules (UMR) for firms that have just fallen under the scope of Phase 5 or will fall under the scope of Phase 6 as of next September.
Acadia, a provider of integrated risk management services for the derivatives community, has onboarded over 300 of an estimated 330 counterparty groups covered by Phase 5 of the Initial Margin (IM) rollout under the Uncleared Margin Rules (UMR) onto AcadiaPlus.
Diligend, a fund due diligence and monitoring software provider, has launched a new and free to use Form ADV data module.
Ogier Global is launching a new online product, ESG Align, designed to help global asset managers get up to speed with environmental, social and governance (ESG) themes, terminology and regulatory requirements.