We are pleased to announce the launch of our latest survey: ‘Holistic Surveillance Maturity Model Benchmark Study’.
The aim of the survey is to investigate the problem currently faced by firms and their suppliers because there is no common language to quickly align their voice, eComms and trade surveilliance conversations about the technical capabilities required by the industry. Added to this, globally regulators have no common framework to discuss the technical implications of policy decisions.
Since the financial crisis, eComms, voice and trade Surveillance has been a key focus for regulators in their attempt to control global financial markets.
With the existing demands of Dodd-Frank, MiFID II and MAR as well as new AML, Conduct/ Culture and accountability (e.g., SMCR) rules coming into force, firms are faced with important decisions about what RegTech strategy to adopt.
Time is of the essence. In keeping with a regular drumbeat all year the FCA announced that it was not impressed with a recent review of how firms are managing their MAR requirements in Market Watch 60.
This survey will be open until 23rd August and can be completed in approximately 15-20 minutes, by clicking the link above. The anonymised results will be issued to participants and will then be published in a report which will help us refine the agenda for the industry.
Surveys are just one of a variety of research methods that JWG uses to help inform the industry of disconnects in existing approaches and identify gaps in the solution marketplace.
JWG also runs several RegTech Special Interest Groups (SIGs) relating to Trade Surveillance, KYC/AML, and reporting & reference data, established to bring all parts of the industry together to discuss how to best match compliance challenges with the latest technological solutions.
3rd September, EMIR Refit – leveraging a common domain for standard interpretation
12th September, AML & Surveillance – Gaps & RegTech opportunities
26th September, Global AML RegTech gaps
TBC, Future of Finance Project
TBC, MiFID 11 – Client Appropriate & ESMA’s lessons learnt
TBC, CAT & US
TBC, Voice & eComms
TBC, Year end RegTech wrap up – 2020 priorities
TBC, EU FDS
TBC, SMCR, eComms, voice & trade surveillance
If you would like to contribute towards these groups, either as a firm or a vendor, please contact Corrina.stokes@JWG-it.eu