RegTech: Leveraging Alternative Data for Compliance
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The document discusses a webinar on leveraging alternative data for compliance in the financial services industry, hosted by Greenwich Associates. It emphasizes the importance of developing regulatory technology (regtech) solutions to enhance compliance processes and manage costs, while also addressing obstacles to using alternative data. Key speakers include industry experts sharing insights on data management, analytics, and regulatory compliance challenges.
RegTech: Leveraging Alternative Data for Compliance
- 1. RegTech: Leveraging Alternative Data for Compliance Webinar February 28, 2017
- 2. Greenwich Associates We provide unique market information, insights and advice to help clients: • Improve their business performance • Drive product strategy & development • Increase sales effectiveness • Gain a significant competitive advantage • Enhance operational performance • Optimize development initiatives • Transform their business to improve every aspect of customer experience Firm Facts: • Founded in 1972 • Privately held • Headquartered in Stamford, CT, with regional offices in Pleasanton, CA, Toronto, London, Singapore, and Tokyo Greenwich Associates is the leading provider of global market intelligence and advisory services to the financial services industry About Greenwich Associates 1 By the numbers: 260+ Sell-Side Clients in the financial services industry 350 Employees throughout the United States, Canada, Europe, Asia, and Japan 60,000 Annual Interviews with buyers of financial services 150 Executive Interviewers gather data in 70 countries in 14 languages 310,000 Universe of Experts unique buy-side contacts
- 3. Greenwich Associates Panelist Speakers Paul Lashmet is the Practice Lead and Advisor of Financial Services at Arcadia Data. Arcadia Data is a visual analytics platform that allows business users to make sense of high volume and varied data in a timely, secure, and collaborative way. He writes extensively about the practical applications of emerging and innovative technologies to regulatory compliance. Richard Johnson (today’s moderator) is a senior analyst focusing on equities and financial technology in the Firm’s Market Structure and Technology practice. He has 20 years of industry experience in financial markets specializing in equities electronic trading and FinTech. Alasdair Anderson is Executive Vice President of data engineering at Nordea Bank where he is responsible for a big data strategy that supports all core bank functions. Alasdair speaks frequently throughout Europe on the topics of data management, analytics, and innovation. His perspective includes the revenue generation and how to satisfy ever growing regulatory and compliance demands. Shailesh Ambike, Associate Director - Institutional Advisory & Surveillance at RBC Capital Markets and has most recently focused on big data analytics as it relates to equity market trading and Compliance.. His focus areas include but are not limited to: best execution, electronic trading controls, and foreign based trading in high risk securities through direct market access. 2
- 4. Greenwich Associates 3 Developing RegTech solutions while managing total cost of ownership Optimizing internal data management thru big data capabilities Enhancing compliance processes using alternative data Meeting heightened regulatory expectations around timeliness and quality of data Questions Agenda
- 5. Greenwich Associates Alternative Data Often generated by novel data and analysis techniques, alternative data are unique data sets that, by themselves or in conjunction with traditional market data, could provide additional insight and competitive advantage. 4
- 6. Greenwich Associates Alternative Data Examples 5
- 7. Greenwich Associates Data Diversity In One Application Real Time Alerts Historic Relevance Live Data Location Intelligence 6
- 8. 7 Panel Discussion Alasdair Anderson Nordea Paul Lashmet Arcadia Data Shailesh Ambike RBC Capital Markets
- 9. Greenwich Associates $ A $ C Internal data Machine generated data External data Counterparty Relationships Data Quality Risk Models Data Details Dynamic Data Quality 8
- 11. Greenwich Associates Obstacles To Using Alternative Data • Firm-level constraints top the list of obstacles, with cost and internal procurement procedures limiting adoption of new data sources. • Difficulty in working with datasets not customized to your specific use is cited by almost one third as a key obstacle to using Alternative Data 10
- 12. 11 Panel Discussion Alasdair Anderson Nordea Paul Lashmet Arcadia Data Shailesh Ambike RBC Capital Markets
- 13. 12 Q&A
- 14. Stamford | London | Singapore | Tokyo | Toronto | Pleasanton, CA Additional Information Or Questions? © 2017 Greenwich Associates, LLC. Javelin Strategy & Research is a division of Greenwich Associates. All rights reserved. No portion of these materials may be copied, reproduced, distributed or transmitted, electronically or otherwise, to external parties or publicly without the permission of Greenwich Associates, LLC. Greenwich Associates®, Competitive Challenges®, Greenwich Quality Index®, Greenwich ACCESSTM, Greenwich AIMTM, and Greenwich Reports® are registered marks of Greenwich Associates, LLC. Greenwich Associates may also have rights in certain other marks used in these materials. Richard Johnson Vice President, Market Structure & Technology Greenwich Associates +1 203.625.4337 Richard Johnson@greenwich.com Paul Lashmet Practice Lead and Advisor of Financial Services Arcadia Data paul.lashmet@arcadiadata.com