Impact 2013: How Technology is used for real-time monitoring of Dodd-Frank Tr...jKool
Presentation delivered at IBM IMPACT 2013
Dodd-Frank Trade Reporting regulations were enacted to ensure improved transparency and accountability for trade execution and reporting. However, there are key challenges such as: how do swap dealers ensure compliance and how can this be done in real-time as the windows for course correction are small.
-Real-time trade surveillance across the lifecycle of a reportable trade
- NACK Management
- How to provide visibility in real-time to actual or potential breaches in responsibility with the flexibility to change as the regulation evolves
- See the video at: http://www.nastel.com/dodd-frank-webinar.html
Solving Your MiFID II Challenges - Thomson Reuters & Partners MiFID II Brochure
This is an interactive informational and educational brochure that outlines all the primary MiFID II challenges, what is required to solve them and how Thomson Reuters and our partners can help you to no only comply but to thrive. Make sure you download a copy today and come up to speed.
#Risk #Regulation #MiFIDII #Banking #AssetManagement #WealthManagement See less
Impact 2013: How Technology is used for real-time monitoring of Dodd-Frank Tr...jKool
Presentation delivered at IBM IMPACT 2013
Dodd-Frank Trade Reporting regulations were enacted to ensure improved transparency and accountability for trade execution and reporting. However, there are key challenges such as: how do swap dealers ensure compliance and how can this be done in real-time as the windows for course correction are small.
-Real-time trade surveillance across the lifecycle of a reportable trade
- NACK Management
- How to provide visibility in real-time to actual or potential breaches in responsibility with the flexibility to change as the regulation evolves
- See the video at: http://www.nastel.com/dodd-frank-webinar.html
Solving Your MiFID II Challenges - Thomson Reuters & Partners MiFID II Brochure
This is an interactive informational and educational brochure that outlines all the primary MiFID II challenges, what is required to solve them and how Thomson Reuters and our partners can help you to no only comply but to thrive. Make sure you download a copy today and come up to speed.
#Risk #Regulation #MiFIDII #Banking #AssetManagement #WealthManagement See less
EXTENT-2017: Implementation of MiFID II Testing Requirements by Trading Venue...Iosif Itkin
EXTENT-2017: Software Testing & Trading Technology Trends Conference
29 June, 2017, 10 Paternoster Square, London
Implementation of MiFID II Testing Requirements by Trading Venues and Investment Firms
Matthias Burghardt, Head of Xitaro Exchange System Development, Boerse Stuttgart
Would like to know more?
Visit our website: extentconf.com
Follow us:
https://www.linkedin.com/company/exactpro-systems-llc?trk=biz-companies-cym
https://twitter.com/exactpro
#extentconf
#exactpro
Overview of the financial architecture in oracle e business suite release 12magnifics
www.Magnifictraining.com-oracle apps r12 scm fuctional online training.
contact us: info@magnifictraining.com or
call us: +919052666559
oracle apps technologies like oracle discrete manufacturing, oracle apps purchasing training,
oracle apps order management training,oracle apps r12 functional training.
real time Oracle scm online training by industrail experts
for details call:+919052666559 hands on training on oracle online TRAINING.
Oracle Apps Finance Functional R12 Online Training Course Details
Oracle Apps R12 Summary Course Content
Payables (AP)
Receivables (AR)
General Ledger (GL)
Fixed Assets (FA)
Cash Management (CE)
Multi Org Access Control (MOAC)
Sub Ledger Accounting (SLA)
R12 Detailed Course Content:
Basic Concepts of R12
Architectural Overview – System Administration
UI Navigation changes in R12 Vs 11i
Flex fields
Access and Controls
Functional overview of Products
Concepts of LE/OU/Chart of Accounts
Differences between R11 Vs 11i-sneek peek review
Creation of Users and assignment of Responsibilities
Profile Options and security controls
FinfraG: Opportunities & Challenges for Global Trading PlatformsCognizant
The Swiss Financial Market Infrastructure Act (FMIA), commonly known by its German name, FinfraG, spells out regulations for global derivative trading platforms and central clearing parties, including reporting, clearing, platform trading and risk mitigation. The act also incorporates laws pertaining to insider information/market abuse and shareholdings/public offers.
Are you ready for Sec T+1 Settlement reforms?Emily Jones
The blog highlights the potential benefits, such as reduced counterparty risks and increased market liquidity. It also addresses the challenges of implementing the reform, including operational adjustments and cost considerations for market participants. It emphasizes the importance of preparedness and collaboration among financial institutions to successfully embrace this transformative change in the securities industry. Read More at https://www.magicfinserv.com/are-you-ready-for-sec-t1-settlement-reforms/.
Trading has changed from local to global and so have the processes from paper to Online. The result is change in process from T+3 to T+1 and real time trading and settlement of a trade.
Taming the regulatory tiger with jwg and smartlogicAnn Kelly
From CEOs to board members to operational managers, regulatory compliance is an ongoing concern. In a rapidly changing marketplace where complex regulations come from multiple regulatory bodies, the consequences of non-compliance can be costly to the enterprise in time, money and damage to their reputation.
JWG, a London think tank, has created RegDelta – a state-of-the-art regulatory change management platform - that allows individual stakeholders to quickly understand the impact of regulations and maintain a single source of truth for their regulatory obligations.
Hear Elliot Burgess, Head of Product and Client Services at JWG and Paul Gunstone, Sales Director at Smartlogic discuss the challenges organizations face identifying and complying with relevant regulations, JWG’s approach to taming the regulatory tiger with semantics and see a demo of the JWG RegDelta platform.
EXTENT-2017: Implementation of MiFID II Testing Requirements by Trading Venue...Iosif Itkin
EXTENT-2017: Software Testing & Trading Technology Trends Conference
29 June, 2017, 10 Paternoster Square, London
Implementation of MiFID II Testing Requirements by Trading Venues and Investment Firms
Matthias Burghardt, Head of Xitaro Exchange System Development, Boerse Stuttgart
Would like to know more?
Visit our website: extentconf.com
Follow us:
https://www.linkedin.com/company/exactpro-systems-llc?trk=biz-companies-cym
https://twitter.com/exactpro
#extentconf
#exactpro
Overview of the financial architecture in oracle e business suite release 12magnifics
www.Magnifictraining.com-oracle apps r12 scm fuctional online training.
contact us: info@magnifictraining.com or
call us: +919052666559
oracle apps technologies like oracle discrete manufacturing, oracle apps purchasing training,
oracle apps order management training,oracle apps r12 functional training.
real time Oracle scm online training by industrail experts
for details call:+919052666559 hands on training on oracle online TRAINING.
Oracle Apps Finance Functional R12 Online Training Course Details
Oracle Apps R12 Summary Course Content
Payables (AP)
Receivables (AR)
General Ledger (GL)
Fixed Assets (FA)
Cash Management (CE)
Multi Org Access Control (MOAC)
Sub Ledger Accounting (SLA)
R12 Detailed Course Content:
Basic Concepts of R12
Architectural Overview – System Administration
UI Navigation changes in R12 Vs 11i
Flex fields
Access and Controls
Functional overview of Products
Concepts of LE/OU/Chart of Accounts
Differences between R11 Vs 11i-sneek peek review
Creation of Users and assignment of Responsibilities
Profile Options and security controls
FinfraG: Opportunities & Challenges for Global Trading PlatformsCognizant
The Swiss Financial Market Infrastructure Act (FMIA), commonly known by its German name, FinfraG, spells out regulations for global derivative trading platforms and central clearing parties, including reporting, clearing, platform trading and risk mitigation. The act also incorporates laws pertaining to insider information/market abuse and shareholdings/public offers.
Are you ready for Sec T+1 Settlement reforms?Emily Jones
The blog highlights the potential benefits, such as reduced counterparty risks and increased market liquidity. It also addresses the challenges of implementing the reform, including operational adjustments and cost considerations for market participants. It emphasizes the importance of preparedness and collaboration among financial institutions to successfully embrace this transformative change in the securities industry. Read More at https://www.magicfinserv.com/are-you-ready-for-sec-t1-settlement-reforms/.
Trading has changed from local to global and so have the processes from paper to Online. The result is change in process from T+3 to T+1 and real time trading and settlement of a trade.
Taming the regulatory tiger with jwg and smartlogicAnn Kelly
From CEOs to board members to operational managers, regulatory compliance is an ongoing concern. In a rapidly changing marketplace where complex regulations come from multiple regulatory bodies, the consequences of non-compliance can be costly to the enterprise in time, money and damage to their reputation.
JWG, a London think tank, has created RegDelta – a state-of-the-art regulatory change management platform - that allows individual stakeholders to quickly understand the impact of regulations and maintain a single source of truth for their regulatory obligations.
Hear Elliot Burgess, Head of Product and Client Services at JWG and Paul Gunstone, Sales Director at Smartlogic discuss the challenges organizations face identifying and complying with relevant regulations, JWG’s approach to taming the regulatory tiger with semantics and see a demo of the JWG RegDelta platform.
Distributed Ledger Technology for the Securities IndustryLaura Anthony, Esq.
Distributed Ledger Technology for the Securities Industry- In addition to general information, during this LawCast series I have been summarizing a report issued by FINRA in January, 2017 discussing the implications of DLT for the securities industry, including FINRA member broker dealer firms. In the report, FINRA specifically discussed some major areas of consideration. In these last two LawCasts in this series, I have been going through each of those topics as summarized in the FINRA report.
Related to Anti-Money Laundering and Customer Identification Programs - DLT allows for global and anonymous participation, and accordingly practices and regulations will need to address anti-money laundering (AML) and customer identification obligations (CIP). The Bank Secrecy Act of 1970 requires controls and procedures to detect and prevent money laundering. FINRA Rule 3310 addresses AML obligations.
In addition, FINRA Rule 2090, the Know Your Customer (KYC) rule, requires firms to “use reasonable diligence, in regard to the opening and maintenance of every account, to know (and retain) the essential facts concerning every customer and concerning the authority of each person acting on behalf of such customer.” Technology is already being explored to centralize identity management functions such that once a customer identity is verified, the information can be shared with all network participants. Obviously this would greatly streamline processes for broker-dealers and customers alike.
It is likely that DLT technology will surpass regulatory changes in the AML/CIP/KYC sectors. The FINRA report notes that the current rules allow a firm to outsource functions to third parties, but not overall responsibility. Accordingly, a firm could utilize DLT technology for these functions now if they can fashion internal controls and procedures that comply with the ultimate rule responsibilities....
Automation of Regulatory reporting in the Banking and securities in 2022.pptxMaveric Systems
In sum, before other vital Enterprise pieces of Regulatory risk and compliance reporting can be worked upon (say, an integrated corporate reporting system), a few questions to gauge the internal demand for RegTech must be spelled out.
The integration of trade and risk management solutions with the corporate accounting solution has long been an area of focus for commodity companies and software vendors alike. There are many apocryphal stories in the industry regarding trading profits that entitled trader’s to be paid large bonuses. Those trading profits then seem to evaporate when accounted for in the enterprise accounting system. These stories are symptomatic of a broader but important issue – that of integrating two sets of solutions to provide timely and accurate auditable results. Over the last three decades, many different approaches have been tried out and mooted to address and solve the problems. This paper will examine the problem and discuss potential solutions including highlighting the approach taken by Enuit.
The new stringent MiFID II regulatory technical standards (RTS) is top of mind for Banks, venues, and participants. One of the areas of major concern and confusion are the new regulatory technical standards (RTS) for trade transaction record management and reporting for trades made to venues that support high speed trading i.e., almost all electronic trades. The new MiFID II RTS standards require all parties involved in a trade to capture, record, maintain and report all information related to the transaction life-cycle with precise time-stamps accurately synchronised to the world time standard - UTC (Coordinated Universal Time). Existing systems cannot do this.
The reason the regulator wants to do this is to be able to retrospectively recreate the sequence of market actions that led to a particular market condition (possibly abusive behaviour) and forensically verify who did what, how markets reacted, and who is to blame.
It is very difficult to meet these new MiFID II regulatory technical standards (RTS) and may cost many millions of dollars to replace or retrofit the existing trading systems with this new capability. In addition, they will incur the ongoing costs of remaining compliant amid changes in their technology and amid future regulatory requirements. The banks and venues are concerned that even if they spend this money, their implementations may not meet the requirements and intention of (MiFID II) the new regulations, and failure to be compliant may result in significant fines.
Corvil is introducing a novel new solution that addresses this problem - it is able to meet these new MIFID II requirements for UTC-synchronised trade transaction record management without requiring a retrofit or re-architecture of trading platform components.
From Surveillance to Service Excellence - Big Data in Financial ServicesRob Rensman
Regulatory compliance has become a drain on many FS organisations’ capital investment programmes. Some of the emerging surveillance and reporting issues will likely be solved using big data technologies. It would appear beneficial if the same technologies and infrastructure could be used to solve wider business growth and performance issues. This could help jump-start some of those business improvement programmes that may have been mothballed due to lack of demonstrable ROI. This presentation focuses on the merits of creating a ubiquitous advanced analytics platform that will serve both the business and the regulator, without the need for large, upfront investment programmes.
Real-time, high-frequency trading (HFT) is placing increasing pressure on regulatory compliance teams to keep up with and monitor the industry's widening pools of structured and unstructured data. Emerging technologies can help capital markets firms use big-data analytics to collect, classify and analyze high volumes of data to formulate strategies for better surveillance, compliance and spot abuse.
Real-time Operational Intelligence for machine datajKool
Learn the story your data has to tell…
Derive Operational Intelligence from machine data
Acquire instant insight.
Operational Intelligence for machine data
• True real-time & historical analytics for Java log data
• Track transactions
• Detect anomalies / determine causality
How jKool Analyzes Streaming Data in Real Time with DataStaxjKool
jKool provides an application analytics SaaS for DevOps. These slides illustrate some of the choices we had to make and the architectural decisions to build a system for both real-time and historical application analytics.
Using Transaction Tracing to Determine Issues with Remote MQ TransactionsjKool
MQ transactions can run on a number of different platforms and locations. They typically interact with other environments such as IBM Integration Bus (Broker) and DataPower. It can be challenging to track the flow of activities in these environments
In this session, you will learn: - The facilities provided by MQ for tracking MQ activity without changing application code - The facilities provide by IIB/Broker for tracking activity within message flows - Techniques for correlating data between broker and MQ for cross platform visibility - How similar techniques could be used for extending tracking to application servers, DataPower or other platforms
A presentation on Nastel AutoPilot's capabilities for advanced application analytics. Based on Complex Event Processing (CEP) it provides early warning about potential or actual problems across multiple data sources - and it does it in real-time.
Impact 2012 Session with Nastel AutoPilot and VerdandejKool
Presentation from IBM Impact 2012 with Nastel Technologies and Verdande illustrating two-tier analytics with CEP and CBR for optimal root cause analysis for application performance
EMA's perspective on enabling development and QA teams with high quality tools that deliver visibility to WMQ messages. Nastel's "freemium" AutoPilot® On-demand for WebSphere MQ gives these teams access to a production-grade MQ diagnostics solution using a web browser, and without impacting production systems.
A unified view across websphere datapower and mq, solace and tibco messaging jKool
A whitepaper showing how you can manage and monitor multiple middleware systems from a single solution. A scenario in Financial Services Capital Markets is illustrated
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
How tech-is-used-real-time-monitoring-dodd-frank-trade-reporting
1. How Technology is used for
real-time monitoring of
Dodd-Frank Trade Reporting
2. Table of Contents
• Regulation, Regulation and more Regulation
• G20 Obligations
• Trade Reporting Compliance
2
3. Regulation
Regulation is causing business to change how Information
Technology (IT) is used
Transparency
Accuracy
Accountability
But, like “faster, better, cheaper” can you have all three?
• Worldwide
• Dodd-Frank in the US
• EMIR in EMEA
• Timelines are aggressive
• Not going so well…
• The search for clarity
• Very complex especially as activities span regulatory bodies
• Lots of folks with hair on fire, but not sure what to do to even start…
3
5. G20 Obligations – Who are they?
Group of Twenty (G20)
• Established in September 1999
• Finance ministers and central bank governors of seven major industrial
countries (Canada, France, Germany, Italy, Japan, the United Kingdom and the
United States) met in Washington, D.C. in the aftermath of the financial crisis of
1997-1998
• Discussed vulnerability of the international financial system in context of
economic globalization and showed that key developing countries were
insufficiently involved in discussions and decisions concerning global economic
issues.
5
6. G20 Obligations – Objectives
Objectives:
1. Policy coordination between its members in order to achieve global
economic stability, sustainable growth;
2. Promoting financial regulations that reduce risks and prevent future
financial calamities
3. Modernizing international financial architecture.
They are committed to reforming domestic and international rules
governing the over-the-counter (OTC) derivatives markets.
6
7. G20 Obligations - Regulators
7
Multiple Regulatory Bodies:
USA – CFTC, SEC
Japan JFSA
Singapore – MAS
Hong Kong – HKMA
EU – EMIR
Australia – APRA
Canada – CSA Canadian Securities Administrators
9. Architecture
11
Fast moving
Real-time response
necessary as time for
course correction is
brief.
Complex
Lots of asset classes and
products.
Regulation doesn’t specify
how to implement it—lots
or room for interpretation
(errors).
You are accountable
Penalties for non-compliance
not yet
defined…consequences
unclear as of yet…
10. G20 Obligations – Example of “Business in Motion”
4 themes associated with regulation
Theme Impact on Business Impact on Technology
Market Transparency Bi-lateral OTC trading
relationships migrate to electronic
Spreads tighten as prices
become more competitive
Trade volumes expected to
increase
Introduction of Trade Reporting
resulted in vast data volumes
Increased visibility required by
Compliance department
Systemic Risk Capital, clearing and margin
requirements increase costs
Connectivity and aggregation of
data from multiple locations
Regulatory Complexity Landscape complexity continues
to evolve with more jurisdictions
coming into force (globally)
Strict regulatory enforcement
program
Data Sourcing / Data Quality
Rules-based approach
Straight Through
Processing
Regulation driving more
efficiency in business model
Systems move from batch to real-
time (Intraday pricing and valuation)
ASATP – reporting windows
reduced over time
12
11. Trade Compliance – Responsibilities
what do you have to do?
The three “R”s (no, not readin’, ritin’ & ‘rithmatic…)
Real time monitoring of trading activities
Ensure that the firm complies with regulatory obligations
Follow up on reporting errors, false positives
Reconcile position across all legal entities
Reporting and dissemination
Prevent over/under/misreporting
Respond to any requests for information from regulators
Identify areas for improvement
Issues that impairs operations, trading or other critical functions
13
16. Regulation is challenging…even for the regulators
CFTC can’t cope with SDR Data (--SingleDealerPlatforms.org)
• They told the industry “what” to send…but not what nomenclature to
use…thus they are all different and the CFTC can’t read it
• Even when the market participants send the correct data to the SDRs,
the data recorded for transparency…isn’t…
• So, reporting isn’t usable...the problem get’s even worse when MSPs
begin reporting
18
17. Trade Compliance – Market Transparency
Market Transparency:
• Only achieved if data can be interpreted as meaningful information
• Essential that quality of data being reported is accurate
• Issues must be identified immediately
Examples:
• Trades not yet ACKed or NACKed
• EOD Valuations not generated
19
18. Trade Compliance – Systemic Risk
Systemic Risk:
• Some Swaps now subject to clearing and margin requirements
(reducing risk but creating more complexity)
• CME Rule 1001 – some clear to DTCC and some to CME – eliminates
choice
• End User Exemption
Examples:
• Multiple SDRs,
• Break out entities : SDs, Non SD, MSP
20
19. Trade Compliance – Regulatory
Complexity
Regulatory Complexity:
• Different regulators have different focus CFTC vs. EMIR
• Multiple reporting windows defined for the same trade
Examples:
• Multiple Jurisdictions
• Time and event-based SLAs – relative or absolute & whether calendar
applies, holiday calendars…
21
20. Trade Compliance – STP
Straight Through Processing:T+1 get everything done asap and
identify bottlenecks
Examples:
Look for slowest trades / parts of the flow
22
23. What is Dodd-Frank?
A series of regulations that include Improved Transparency and
Accountability for Trade Execution and Reporting
Our focus: Real-time Trade Reporting (Title VII)
Regulators require all swaps (subject to mandatory clearing requirements) to
be reported “as soon as technologically practicable”
Real-time (RT) and confirmation messages to be reported to the SDR within
30 minutes of execution. Primary Economic Terms (PET) must also be
reported by EOD
Rejected trade messages will need to be resubmitted within the original 30
minute deadline when the trade was first reported
Key challenges
How do swap dealers ensure compliance?
And accomplish this with real-time visibility and the flexibility to course
correct when necessary as the regulation evolves
25
25. Scenario: Capital Markets Group in a Major Bank
27
IT Environment
Heterogeneous: Distributed,
mainframe, integration
technologies such as MQ
and TIBCO, development
languages such as Java,
multiple trading packages
such as Wallstreet, Murex,
Calypso…
In real-time monitor the
lifecycle of a trade.
Provide a single tool for
monitoring all middleware
tools & consume events from
any existing monitoring tools.
Business Requirements
Ensure compliance to Dodd
Frank Trade Reporting
regulation.
Covers interest rates, credit
equities, commodities and
FX derivative products.
Provide end-to-end visibility
to reporting activities.
Provide visibility in real-time
to actual or potential
breaches in responsibility
26. The Users Monitoring Dodd-Frank Trade
Reporting
Real-time monitoring of trade reporting issues. When a NACK is
received, act to correct the issue:
28
Business Roles Function
Trader Execution time correct?…based on
economic term agreement…
Trade Support Transactions that took greater than
a specified time to achieve a
milestone
Is there a unique swap indicator
(USI) CounterParty issue?
Technology Are all trades acknowledged by
DTCC?
Compliance Was there “Double Reporting”?
Many more…
28. AutoPilot® Monitors IT Infrastructure
Typical AutoPilot deployment: monitoring infrastructure
30
CFTC’s O’Malia calls for savvier Technological surveillance – 2.25.13
29. 31
AutoPilot® Auto-discovers Message Flow
This is the Enterprise
Nervous System
These messages
may be in different
formats.
Essential to track
these in real time in
order to ensure
compliance.
30. 32
AutoPilot® Uses Payload to help Stitch
Tracking messages
From the outside
by matching their
message
signatures.
Inside by reading
the payload.
31. 33
Reportable Trading Events Correlated in Real-time
Automatically
correlated in real-time
Providing you with
enough time to do
something about the
issue.
32. AutoPilot Monitors Trade Reporting in Real-time
Execution Time Tracking
Defined as when the primary
economic terms are exchanged
• Retrieves message content and extracts the actual Execution Time as the
trigger for the SLA timer rather than the time stamp for when it was generated
electronically
NACK Management • Automatically detects all trades that do not contain a valid ACK milestone event.
Part 43 Real-time reporting
requires the management of
timestamps by swap dealers
and major swap participants
• Native support for Middleware and a heterogeneous deployment including both
distributed and mainframe which seamlessly integrates into the trade flow and
contributes timestamps to the transaction stitching process.
Monitor Mandatory Data • The user can view the transaction at any point in the flow and define conditional
rules to check against the data in real-time for immediate notification.
Reporting Window • An advanced SLA capability that can track each reportable event against the
appropriate time-based (30 minutes after execution) or event-based (by 04:00
T+1 after confirmation date) window. The SLA also incorporates holiday
calendars and UTC timestamps. Advanced Calendars.
Reconciliation • Reporting capability that enable DTCC submissions and position reports to be
automatically reconciled against the application monitoring data that has been
gathered at the end of the business day. Reconciliation reports can identify
discrepancies between what the firm has reported and what information has
been received by the GTR.
Requirements AutoPilot Features
Monitor compliance to regulatory
reporting requirements
• Real-time trade surveillance of the progress a trade is making until completion
• Automated transaction stitching across the entire lifecycle of a reportable trade
event, represented graphically as a series of milestones.
• User can be alerted to a potential or actual breach in responsibilities in real-time.
33. Dashboard: Trade Summary Chart
View Trade Status
Failed
Drill into chart for details
35
In Progress Completed Missed SLA Failed
38. Last 1 HourLast 1 Hour 08/12/2012 12:0708/12/2012 12:07Last 1 Hour 08/12/2012 12:07
Search: Trade Visibility for the Business
Search by an combination of fields in the transaction
USI, execution time, source system, USI, Asset Class, Trade ID, status,
asset class, Counterparty USI, Correlation ID…
Search for all transactions that took more than 15 minutes to
complete
40
39. Search for Trades with a Specific USI
Search for a trade with a specific USI
41
Last 1 HourLast 1 Hour 08/12/2012 12:0708/12/2012 12:07Last 1 Hour 08/12/2012 12:07
40. Search for a Trade with Multiple
Conditions
Find trades with a blank USI where ACME is not the Reporting
CounterParty
42
Last 1 HourLast 1 Hour 02/12/2013 11:0702/12/2013 11:07Last 1 Hour 02/12/2013 11:07
41. Find Trades without NACKS
All trades that received a NACK in the last 24 hours
43
Last 1 HourLast 1 Hour 02/12/2013 11:0702/12/2013 11:07Last 1 Hour 02/12/2013 11:07
42. Find Trades without ACKs
All trades in progress that have not received an ACK
44
Last 1 HourLast 1 Hour 02/12/2013 11:0702/12/2013 11:07Last 1 Hour 02/12/2013 11:07
44. Conclusion
AutoPilot® helps ensure compliance
It can provide the answer to the question, “Are you compliant?”
Detects the reasons that explain why you are not compliant
Detects the reasons that explain why you won’t be…
Two questions you need to ask yourself
1. Are you providing real-time monitoring of the end-to-end trade?
2. Can you respond to an issue in enough time to remain compliant?
(NACK, no response, missed SLA…)
46
45. Nastel AutoPilot® Provides Visibility
47
Feature Benefit
Web-based Dashboard Available anywhere including mobile devices enables immediate visibility and
response with support for LDAP authentication
Simple, Proactive
Analytics
Real-time analytics using CEP enables users to instantly see transactions of
concern such as those with NACKs from DTCC, Euroclear or Clearstream in
order to rapidly correct and resubmit them
Correlation Automating, end-to-end stitching together of the components within a trade, e.g.
exe time, capture, xform, DTCC, NACK, ACK…
Visibility Provides a view into compliance that is usable by the business, tracking: over
50 unique transaction details including: execution time, source system, USI,
Asset Class , Trade ID, status, asset class, Counterparty USI, Correlation ID
and more
Charting User defined charts for visualization of user queries
SLA reporting Supports both time based as well as deadline based SLAs
Calendars Automatic accommodation of holidays helps keep system maintenance low.
This lets analysis adjust to local policies an important capability in a function
that is distributed globally. (Utilizes Google Calendars)
History A repository searchable by USI, message contents, transaction ID or any other
captured field
Auditing All actions carried out are logged, associated to a user helping ensure
accountability
Reporting Pre-built EOD reports and Policy statistics enable effective program evaluation
46. Why Customers Chose Nastel
Best-of-Breed Middleware management solution
We are the experts—18 years of best practices built-in
Single architecture across all middleware, distributed and
mainframe: MQ family, DataPower, TIBCO & Solace
Monitor Web Services in real-time
Analytics
Transaction stitching or correlation
Detect problems before there is impact
• Reduces ticket backlog, support costs and raises customer satisfaction
• End “eyes-on-screen monitoring”
• Solve the problem of too much data complexity – old-school
analytics just can’t get it done
Track record with Financial Services
Citi, DTCC, TD, Barclays, Credit Suisse and more…
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49. w w w . n a s t e l . c o m
Contact us:
Web nastel.com
Twitter @nastel
Facebook facebook.com/NastelTechnologies
Email info@nastel.com
Phone 1.800.580.2344