RegTek.Solutions, a regulatory reporting software solutions vendor, has been acquired by Bloomberg for an undisclosed amount, and will expand the reach of Bloomberg’s Regulatory Reporting Hub (RHUB) suite, laying the groundwork for a combined offering to come during the first quarter of next year. A spinoff of Risk Focus, RegTek.Solutions offers “modular software solutions built… Read More >>
Risk Focus Launches ‘Player-Coach’ DevOps Model
Risk Focus Inc., a DevOps solutions vendor, is launching a “player-coach” service for software systems development that emphasizes a close working relationship and is “a radical departure from the bureaucratic cloud adoption programs that are common in large enterprises,” officials say. “Risk Focus works with its clients throughout the process, from defining and specifying the… Read More >>
Risk Focus Helps Deutsche Börse Detect MiFID II Woes
Deutsche Börse Group, which oversees key trading venues, will be using offerings from Risk Focus and its software subsidiary, RegTek.Solutions to detect problems with the contents of each field of a MiFID II trade message. In particular, Risk Focus will provide Deutsche Börse with a version of Validate.Trade via RegTek.Solutions that users of Deutsche Börse’s… Read More >>
RegTek Launches EMIR-Focused Reporting Service
The push to be ready for the next phase of the Markets in Financial Instruments Directive (MiFID II) reforms is not the only European regulatory initiative that global firms have to worry about. On November 1, firms face a deadline to comply with the revised reporting specifications (RTS) required by the European Securities and Markets… Read More >>
Risk Focus Shifts Regulatory Wares to Subsidiary
Risk Focus Launches ‘RegTek Solutions’ Financial technology vendor Risk Focus has launched RegTek Solutions Inc., a wholly-owned subsidiary that will serve as the new home for the Report-it control and compliance software for global trade and transaction reporting. The Report-it group includes Validate.Trade, Reportable.Trade, Load.Trade and later this year, Reconcile.Trade, Risk Focus officials say. “Moving… Read More >>
Tudor Investment Helps Launch API Platform for Excel Users
Investment management firm Tudor Investment Corp. and compliance vendor Risk Focus are debuting a platform that facilitates an application programming interface (API) layer that links Microsoft Excel spreadsheet users to models and data analytics. The new platform from Risk Focus is APIX, which is being targeted at “traditional Excel power users and application developers, notably,… Read More >>
Deutsche Bank Names Wealth Management Co-Heads
Co-Heads Are Deutsche Bank Veterans Deutsche Bank has named Anke Sahlén and Daniel Kalczynski joint managers of Deutsche Bank Wealth Management (WM) in Germany, effective immediately. “They will pursue the goals of developing WM into the leading trusted expert advisor to wealthy clients and advancing Deutsche Bank’s market leadership in its home market,” according to… Read More >>
Speakerbus Partners with Westcon for EMEA Distribution
Speakerbus Expects Deal to Boost Growth Speakerbus, a specialist provider of voice solutions, has signed an agreement with Westcon Group, a distributor of products and professional services for converged telecommunications solutions, to distribute Speakerbus’ offerings in the EMEA region, say Speakerbus officials. The partnership is expected to help Speakerbus grow. Speakerbus offers “advanced telephony, hoot… Read More >>
DTCC to Use Risk Focus Product
Risk Focus, a New York City-based provider of trading, risk and cloud-enabling solutions for capital markets, reports that the post-trade systems provider DTCC will employ the Risk Focus Validate Trade engine internally, aiming to enhance its pre-user acceptance testing for the Global Trade Repository service of the DTCC. These steps are in advance of the… Read More >>