Pirum’s Post

If you happen to be near LA this week, please come by the Opal Group conference and see Jenny Lee, Scott Pearson, and Stephen Denis and me discuss upcoming #fintech regulatory expectations. They will be a challenge to keep up with, but we’ll be kept in line by a great moderator, Chris Hilliard, CRCM, CCEP from Winnow. How will #bnpl, #ewa and #mca be regulated? Will #openbanking work to help consumers? How should #baas banks manage changing regulatory perspectives?

https://lnkd.in/dNM7UvRV Fintech Global Center has designed, developed, deployed and manages a comprehensive automated Global Fixed Income Post Trade Management System. The system currently connects to all major ECNs (Bondpoint, TMC, Tradeweb Direct, Tradeweb Institutional, Brokertec, MarketAxess, Muni Broker, Bonds.com, Bloomberg TOMS, and Bloomberg VCON. The system can further connect to any trade execution feed from any source, such as dealers or any other execution platform. The system provides real-time trades, aggregated trade positions, average cost realized and unrealized PnL, etc. The system takes the real-time aggregated trade feed and connects to a clearer for Clearing, Settlement, and TRACE reporting. The system can be further extended to provide trader and desk-based risk controls. Contact us for more information on how you can consolidate your trading for many front-office, and most middle-office and back-office functions. #fixedincome #tradeprocessing #fintech

At Fintech we helped save its clients hundreds of thousands of dollars annually in costs and provided better tools and facilities including risk management tools; trade, clearing, settlement and reporting reconciliation, unlimited ops users support, etc. #bloomberg #bloombergtoms #toms #fixedincome #fi #development #fintech #posttrade #clearing #settlement #trace #reporting #regtech

Save hundreds of thousands of dollars every year!  https://lnkd.in/dNM7UvRV While Bloomberg TOMS is a lot of things for a lot of institutions and is a highly successful product, the broker-dealers, buy-side, dealers and other financial institutions who are primarily using it for a post trade system with minimal execution and order routing needs. Why pay over 300k-500k/year and then some if your needs are primarily post trade?   Read more on how Fintech helped save its clients hundreds of thousands of dollars annually in costs and provided better tools and facilities including risk management tools; trade, clearing, settlement and reporting reconciliation, unlimited ops users support, etc. #bloomberg #bloombergtoms #toms #fixedincome #fi #development #fintech #posttrade #clearing #settlement #trace #reporting #regtech

Unveil our joint report with FXC Intelligence, "Global Breadth, Local Depth: Powering Business Payments in a Dynamic World." Explore the changing payments landscape and how Monex delivers industry-leading performance globally. #MonexUSA #FXCIntelligence

This week in FTF News FinTech Briefs: 👉 SIFMA Wants U.S. Securities and Exchange Commission to Drop PDA Ban 👉 SIX works with Megaport 👉 U.S. Securities and Exchange Commission, Municipal Securities Rulemaking Board & FINRA Plan Outreach to Municipal Markets 👉 LiquidityBook acquires Messer Financial Software Read this unlocked content: https://lnkd.in/gn95rWaB #FTFNews #FinTech #securitiesoperations

⚠️Investor Reports According to the client's complaint, #XM forcibly deducted $8,600 of the client's profit funds after the client made a profit, and deleted the client's account and trading deposit records. https://lnkd.in/gRBD3-wP FxGecko has sent the complaint to XM for resolution, you can check the details and progress of the complaints on the FxGecko website or app. According to broker data on FxGecko, #XM currently has 119 customer complaints, of which 49 have been replied to and 9 have been resolved. Investors are advised to use the FxGecko app to check the broker's regulatory license, customer reviews, risk alerts and other information before trading to avoid potential traps. #forex #forextrading #investment #forexbroker #forexnews #trading #investing

We are thrilled to share the exciting news of our extended collaboration with Pirum as we tackle a new frontier in regulatory reporting – the Securities and Exchange Commission (SEC) 10c-1a, a new rule to increase transparency in securities lending transactions in the United States. This expansion of our already existing SFTR collaboration with Pirum since 2017, marks another milestone in our commitment to empower customers with comprehensive solutions for regulatory reporting. In the months ahead we will delve into the details of the specifications, workflows and reporting solutions, so stay tuned for more updates. To learn more about our solution click: https://hubs.la/Q02vQvF40 #regreporting #sec #transactionreporting #sftr #regtech #compliance #fintech #tradereporting

We are thrilled to share the exciting news of our extended collaboration with Pirum as we tackle a new frontier in regulatory reporting – the Securities and Exchange Commission (SEC) 10c-1a, a new rule to increase transparency in securities lending transactions in the United States. This expansion of our already existing SFTR collaboration with Pirum since 2017, marks another milestone in our commitment to empower customers with comprehensive solutions for regulatory reporting. In the months ahead we will delve into the details of the specifications, workflows and reporting solutions, so stay tuned for more updates. To learn more about our solution click: https://hubs.la/Q02vQtsd0 #regreporting #sec #transactionreporting #sftr #regtech #compliance #fintech #tradereporting

Further to yesterday’s post, here is our #Cappitech write-up highlighting our #partnership with Pirum to bring #SEC 10c-1a reporting expertise to the market. Our collaboration with #Pirum for #SFTR reporting set an industry standard and has captured a significant majority of the reporting for this regulation. Our aim is to continue this success! Let us help you with your #TransactionReporting, reach out to us at regreporting@spglobal.com Understand why we have over 600 clients who entrust us with their #regulatoryreporting for SEC and SFTR as well as #CFTC #CSA #EMIR (EU & #FCA), #MiFID, #ASIC #MAS #JFSA #HKMA & #FinFrag. Hope to see you in #Boston next Tuesday at the #SecuritiesFinanceSymposium where SEC 10c-1a will certainly be a topic of discussion! #compliance #regreporting #RegTech #FinTech #SPGlobalProud