Commonwealth Bank of Australia and ING have carried out a RegTech pilot which saw them use AI to simplify the processing of regulatory information.
Investment research technology firm Visible Alpha has expanded its roster of big Wall Street name backers and set its sights on MiFID-led European growth after closing a $38 million funding round led by Goldman Sachs.
The board of UK-based banking and compliance software firm Lombard Risk has accepted a cash for shares offer from Dutch software firm Vermeg.
The European Securities and Markets Authority (ESMA) has delayed the introduction of new rules on dark pool trading, a key part of its MiFID II initiative.
MiFID II,the biggest shake-up in financial regulation for a decade may have arrived, but for asset managers and brokers across Europe the work continues as the complexity and costs of full compliance begin to emerge.
As MiFID II looms into view, Swiss bank UBS is leading a pilot that will use Ethereum smart contracts to improve the quality of counterparty reference data through anonymous reconciliation.
Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.
In a move that could aid MiFID II compliance, the Toronto Stock Exchange (TMX) and the UK's National Physical Laboratory have carried out an experiment which saw atomic clocks used to timestamp trades which were then recorded directly on a distributed ledger.
In a high-frequency trading world where every microsecond counts, Intercontinental Exchange has struck a deal with the UK's National Physical Laboratory to ensure co-location customers at its data centre in Basildon get precise timing.
Traders beware: Samsung has unveiled a new mobile voice recording system (MVRS) for Galaxy phones that can not only listen in on every conversation but also track your movements and monitor you data usage.