EMIR

Movellus Extends Droop Management Leadership with Aeonic Generate™ AWM3

Retrieved on: 
Tuesday, April 16, 2024

SUNNYVALE, Calif., April 16, 2024 (GLOBE NEWSWIRE) --  Movellus today announced the expansion of its award-winning1 droop response solutions with the Aeonic Generate™ AWM3.

Key Points: 
  • SUNNYVALE, Calif., April 16, 2024 (GLOBE NEWSWIRE) --  Movellus today announced the expansion of its award-winning1 droop response solutions with the Aeonic Generate™ AWM3.
  • In combination, the AWM3 droop mitigation and dynamic frequency scaling capabilities reduce the power consumption of complex integrated circuits (ICs) while maintaining the device’s operational integrity.
  • In combination with the Aeonic Insight™ Droop Detector, the AWM3 provides the industry’s only complete droop detection and response system that also provides insight into droop profiles and clock metrics that can be leveraged by silicon analytics platforms.
  • “Active droop management is just what these customers need to manage dynamic voltage droop excursions in-situ and minimize risk of escapes.”
    Key features of the Aeonic Generate AWM3 include:
    Movellus continues to advance high-performance silicon through feature-rich, synthesizable IP.

River Global Selects Bloomberg to Support Streamlined Front-to-Back Workflow

Retrieved on: 
Tuesday, April 23, 2024

River Global offers a focused range of investment options, investing in UK, European, regional and global equity markets.

Key Points: 
  • River Global offers a focused range of investment options, investing in UK, European, regional and global equity markets.
  • "By adopting Bloomberg's integrated offerings, we now have seamless connectivity in our workflow, ensuring efficiency and accuracy across our front, middle and back-office operations," said Phil Jones, Product and Operations Director, River Global.
  • The River Global team is utilizing the full power of Bloomberg AIM, a leading order and investment management technology solution.
  • "Bloomberg is committed to working with clients like River Global who have the need for a comprehensive solutions suite that can align with their current and future workflows," said Raquel Alves, Global Head of Buy-Side OMS, Bloomberg.

SmartStream Provides Derivatives Data for EMIR Refit Regulation

Retrieved on: 
Tuesday, March 12, 2024

SmartStream Reference Data Services (RDS), a leading provider of financial reference data, has announced the launch of an enhanced derivatives data service, providing in-depth insights into futures related transactions.

Key Points: 
  • SmartStream Reference Data Services (RDS), a leading provider of financial reference data, has announced the launch of an enhanced derivatives data service, providing in-depth insights into futures related transactions.
  • The EMIR Refit initiative is geared towards enhancing transparency and stability in the OTC derivatives trading market, set to take effect in April for Europe and September for the UK.
  • With the RDS, additional attributes will be integrated into the RDS’s Listed Derivatives service and a standalone OTC Derivatives service to support the full spectrum of reference data needed for commodity transactions under the new EMIR regulation.
  • Linda Coffman, Executive Vice President of SmartStream RDS, states: “The main challenges posed by this regulation - include completing the numerous new reportable fields for commodity and energy derivatives.

Baader Bank Chooses Broadridge's Platform for Regulatory Trade and Transaction Reporting

Retrieved on: 
Thursday, March 21, 2024

NEW YORK and LONDON and FRANKFURT, Germany, March 21, 2024 /PRNewswire/ -- Baader Bank AG has chosen global Fintech leader Broadridge Financial Solutions, Inc.'s (NYSE:BR) solution for its regulatory trade and transaction reporting. The agreement further extends Broadridge's strategic relationship with the bank, which is a user of Broadridge's front and middle office suite of solutions for order management, trading and market connectivity.

Key Points: 
  • NEW YORK and LONDON and FRANKFURT, Germany, March 21, 2024 /PRNewswire/ -- Baader Bank AG has chosen global Fintech leader Broadridge Financial Solutions, Inc. 's (NYSE:BR) solution for its regulatory trade and transaction reporting.
  • Baader Bank will adopt Broadridge's holistic reporting solution that will ensure a more unified and comprehensive regulatory reporting framework.
  • "We are thrilled to support Baader Bank by providing them access to our cutting-edge platform and expertise to transform its risk and compliance capabilities," said Ben Cooling, General Manager, Regulatory Transaction Reporting Solutions at Broadridge.
  • To find out more about Broadridge's Regulatory Trade and Transaction platform, visit our website here .

ION LookOut named "Best Solution for Records Retention" at RegTech Insight Awards APAC 2024

Retrieved on: 
Thursday, March 7, 2024

LONDON, March 7, 2024 /PRNewswire-PRWeb/ --ION, a leading global provider of mission-critical trading and workflow automation and risk management software to financial institutions that deal in asset management, cleared derivatives, equities, fixed income, foreign exchange, and secured funding, announces that ION LookOut has been named "Best Solution for Records Retention" by RegTech Insight Awards APAC 2024.

Key Points: 
  • LONDON, March 7, 2024 /PRNewswire-PRWeb/ -- ION , a leading global provider of mission-critical trading and workflow automation and risk management software to financial institutions that deal in asset management, cleared derivatives, equities, fixed income, foreign exchange, and secured funding, announces that ION LookOut has been named "Best Solution for Records Retention" by RegTech Insight Awards APAC 2024.
  • LookOut, developed by LIST – an ION company – is a multi-asset solution for record-keeping to which users can add market surveillance, regulatory reporting, and business analytics.
  • "Naming LookOut as the Best Solution for Records Retention reflects ION's commitment to delivering innovative solutions to meet our customers' evolving needs," said Alvise Insalaco, Chief Executive Officer: LIST.
  • "The solution can process large amounts of data and offers a workflow management system with built-in connectivity for reporting entities and National Competent Authorities."

ESA’s Joint Board of Appeal confirms ESMA’s decision to withdraw the recognition of Dubai Commodities Clearing Corporation

Retrieved on: 
Wednesday, February 7, 2024

ESA’s Joint Board of Appeal confirms ESMA’s decision to withdraw the recognition of Dubai Commodities Clearing Corporation

Key Points: 
  • ESA’s Joint Board of Appeal confirms ESMA’s decision to withdraw the recognition of Dubai Commodities Clearing Corporation
    The Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) unanimously decided to dismiss the appeal brought by Dubai Commodities Clearing Corporation (“DCCC”) against the European Securities and Markets Authority (“ESMA”) and to therefore confirm the ESMA decision to withdraw its recognition.
  • The application was brought in relation to ESMA’s Decision, adopted under Article 25p of Regulation (EU) No 648/2012 (EMIR), to withdraw the recognition of DCCC as a Tier 1 third-country central counterparty (CCP).
  • The Board had decided to suspend the ESMA decision in October 2023 until the outcome of the appeal is concluded.
  • With today’s publication, the suspension has expired and the ESMA decision has become fully operational.

ESAs propose extending the EMIR equity option exemption

Retrieved on: 
Tuesday, January 2, 2024

ESAs propose extending the EMIR equity option exemption

Key Points: 
  • ESAs propose extending the EMIR equity option exemption
    The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the joint draft regulatory technical standards (RTS) under the European Market Infrastructure Regulation (EMIR) where they are proposing a two-year extension to the equity option exemption from bilateral margining, as well as issue a no-action opinion.
  • Today’s draft RTS provide clarity to market participants on how to handle equity options as from 4 January 2024, the date on which the current temporary exemption is set to expire.
  • More specifically, the ESAs are proposing to extend the temporary exemption and are issuing a no-action Opinion which includes clarifications on the supervisory expectations.
  • These texts introduce specific provisions on equity options, including a permanent exemption.

S&P Global Market Intelligence Releases Annual Global Regulatory Reporting Survey Findings

Retrieved on: 
Wednesday, December 6, 2023

NEW YORK and LONDON and TEL AVIV, Israel, Dec. 6, 2023 /PRNewswire/ -- S&P Global Market Intelligence today released the findings of its annual Global Regulatory Reporting Survey, which revealed that resourcing and data quality management are the main barriers to effective, accurate and cost-effective transaction regulatory reporting.

Key Points: 
  • NEW YORK and LONDON and TEL AVIV, Israel, Dec. 6, 2023 /PRNewswire/ -- S&P Global Market Intelligence today released the findings of its annual Global Regulatory Reporting Survey, which revealed that resourcing and data quality management are the main barriers to effective, accurate and cost-effective transaction regulatory reporting.
  • Conducted by S&P Global Market Intelligence Cappitech, the survey found that fewer than half of respondents in the survey believe their firm are appropriately resourced, even when most firms have obligations in multiple jurisdictions.
  • Struan Lloyd, Head of Cappitech at S&P Global Market Intelligence, said: "Ultimately, good data drives effective regulatory reporting and firms need the right tools and resources to achieve this.
  • The report also highlights that the market is more prepared for the swathe of regulatory changes coming in 2024 than for any previous regulatory reporting changes.

ESA’s Joint Board of Appeal suspends the decision by the European Securities and Markets Authority to withdraw the recognition decision of Dubai Commodities Clearing Corporation as a Tier 1 third-country central counterparties 

Retrieved on: 
Thursday, November 9, 2023

25 October 2023

Key Points: 
  • 25 October 2023
    The Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (“ESAs”) decided that the application for suspension brought by Dubai Commodities Clearing Corporation (“DCCC”) against the European Securities and Markets Authority (“ESMA”) is admissible and suspends the ESMA Decision.
  • DCCC challenged ESMA’s Decision, asking the Board to extend the adaptation period and to suspend the withdrawal Decision until the outcome of the appeal is concluded.
  • The Board finds that the appeal case is admissible and suspends the ESMA Decision.
  • Franca Rosa Congiu
    [email protected] | +33 1 86 52 7052 | Follow @EBA_News

ESA’s Joint Board of Appeal suspends the decision by the European Securities and Markets Authority to withdraw the recognition decision of Dubai Commodities Clearing Corporation as a Tier 1 third-country central counterparty

Retrieved on: 
Thursday, November 9, 2023

ESA’s Joint Board of Appeal suspends the decision by the European Securities and Markets Authority to withdraw the recognition decision of Dubai Commodities Clearing Corporation as a Tier 1 third-country central counterparty

Key Points: 
  • ESA’s Joint Board of Appeal suspends the decision by the European Securities and Markets Authority to withdraw the recognition decision of Dubai Commodities Clearing Corporation as a Tier 1 third-country central counterparty
    The Joint Board of Appeal (“the Board”) of the European Supervisory Authorities (“ESAs”) decided that the application for suspension brought by Dubai Commodities Clearing Corporation (“DCCC”) against the European Securities and Markets Authority (“ESMA”) is admissible and suspends the ESMA Decision.
  • The application was brought in relation to ESMA’s Decision, adopted under Article 25p Regulation (EU) No 648/2012 (EMIR), to withdraw the recognition of DCCC as a Tier 1 third-country central counterparties (CCP) as a consequence of the United Arab Emirates (UAE) being included in the list of high-risk third countries provided for in the Commission Delegated Regulation (EU) 2016/1675.
  • DCCC challenged ESMA’s Decision, asking the Board to extend the adaptation period and to suspend the withdrawal Decision until the outcome of the appeal is concluded.
  • The Board finds that the appeal case is admissible and suspends the ESMA Decision.