At TSS 27 financial institutions agreed that there was an opportunity to scale trade surveillance controls by creating new ‘Digital Surveillance Rules’ (DSR). This meeting is to discuss the use cases, outcomes and key success factors to build on existing surveillance guidance to  conduct a CDM-based PoC.  Research has shown that standardized business events and data dictionaries can streamline the…

At JWG's annual conference, panellists agreed that the financial services sector has an opportunity to leverage its newly deployed common domain model to scale trade surveillance controls, making the system safer, less noisy more efficient by billions of dollars across the markets. Research has shown that standardized business events and data dictionaries can streamline the process for spotting suspicious trading activity…

Regulators have begun the process of operating on the data backbone which underpins effective financial sector supervision. According to recent BIS research 10 jurisdictions including APAC (APRA, BSP, MAS) and  Europe (EBA, ECB, Italy, UK, OeNB) have begun to overcome the obstacles which stand in the way of new tooling and more effective supervision. JWG,…

As we summarized in our latest Beacon, JWG’s surveillance community has covered quite a patchwork of regulatory obligations over the past 2. In all that time, nothing has pulled all into focus like GameStop. JWG has been digging beyond the broadsheet news to examine what roars from Reddit chat groups will mean to wholesale and…

   Donna Bales, Co-Founder and Member of the Board of the Canadian RegTech Association and PJ Di Giammarino, Founder and CEO of JWG Group were honoured to participate in the Canadian Institute’s 26th Annual Flagship Conference on Regulatory Compliance for Financial Institutions. The trans-Atlantic debate, 'Assessing 10 Opportunities in the RegTech, FinTech and the…

More information coming soon.

   Watch the SupTech Roundtable Q&A   A decade on from the financial crisis, the European Commission fitness check found different data modelling standards and reporting formats in place for transaction reporting and risk regimes. Efforts are underway to prove digital regulatory reporting can link reporting requirements to a business lifecycle to facilitate machine readability. This summer, the Bank…

How a firm manages data is now intrinsic to its value, yet the FS risk management framework provides no way to account for IT obsolescence, cloud concentration and data risks on the balance sheet. New operational resilience obligations, 3rd party risk management guidelines and cloud registries are due soon. ESG could provide a path forwards,…