News

Independent Price Verification: Data Management, Controls and Governance

What is Independent Price Verification (IPV)?

The principle behind Independent Price Verification is ensuring independence in the valuation process between risk taking and control units, establishing a set of controls to ensure front office marks are validated/verified independently. This means that prices used by Front Office systems, and hence the risk taking units, must be independently verified by the Risk Control Unit.…

Tigers U9s Friendly vs East End UTD SC

With teams looking to get some much needed match play in – especially having been starved of action due to Lockdown – the U9 Tigers were invited to play a friendly against East End UTD SC. Mile End Leisure Centre kindly acted as the hosting venue.…

Ridgeway Tigers U9s vs Abbey Youth Panthers U9s

Ridgeway Tigers U9s delivered a fantastic performance in the most recent away game against Abbey Youth Panthers U9s.

The players needed to get used to playing against a very tall and dominant opposition player in the middle who unsurprisingly opened the scoring with a great header from a corner. …

Spreadsheets and Operational Risk

In this blog we look at the main risks posed by using spreadsheets for derivative and fixed income valuation, and explain some of the regulators’ motivations in addressing this source of operational risk.

Although spreadsheets are a tremendously powerful tool for the valuation of fixed income, complex derivative and over-the-counter (OTC) instruments due to their openness and flexibility, spreadsheets do not lend themselves easily to the challenge of conforming to regulatory requirements such as IFRS, BCBS 239, Dodd-Frank, and Solvency II.…

Ridgeway Tigers U9s vs UPR Red

With the easing of Lockdown restrictions, Ridgeway Tigers U9s travelled to Upminster against UPR Red for a 12:30 kick off. The Upminster pitch was impressive and enabled the Tigers and UPR to have an exciting end-to-end game with Ridgeway having the better first half, scoring some great goals with well thought passes and impressive movement off the ball.…

SEC Fair Value Rules (Rule 2a-5) – Key Highlights

The Securities and Exchange Commission (SEC) passed a new set of rules in December 2020, dubbed Rule 2a-5, that will require investment management firms to place greater controls around the way they determine fair value for assets that lack readily available market prices.…

Market Data Cost Reduction – How to Increase Efficiency and Make the Most of Your Budget

An ongoing challenge for many financial markets organisations is how to increase efficiency and maximise cost savings across the business. Many firms are reviewing operations to identify market data cost reduction opportunities, as data costs typically account for a very large part of budgets.…

ESG Data Management: Opportunities and Challenges

The growing trend in ESG investing provides a new set of challenges to both firms who want to pursue a responsible investment policy, and the ESG data management systems they rely on to support their operations.

What is ESG Investing?

ESG investing takes environmental, social and governance considerations into account when deciding which companies to invest in.…

Xenomorph Shortlisted in 3 categories in the RegTech Insight Awards Europe 2021

We are delighted to announce that we have been shortlisted in 3 categories in the RegTech Insight Awards Europe 2021 from A-Team Group.

Best Data Management Solution for Buy-Side Regulatory Compliance Best Data Management Solution for Sell-Side Regulatory Compliance Best Data Solution for FRTB

The awards are designed to “herald and highlight RegTech solutions that throughout the year have successfully improved firms’ ability to effectively respond to the evolving and ever more complex regulatory requirements across the global financial services industry.”…

Ridgeway Rovers – Team Spirit in Lockdown

With Lockdown III, it has been a lot tougher on the kids of Ridgeway Rovers Tigers u9, with changes to their learning provision, reduced social interaction and little to no football.  It has not been an easy or comfortable time but the kids have shown great resilience knowing that there will soon be a return to normality.…