APA authorization will enable the provision of an upgraded MiFID II services suite.
NEX
The countdown towards MiFID II has reached its final stages, with numerous firms providing services ahead of its implementation. Ahead of the January 3, 2018 deadline, the UK’s Financial Conduct Authority (FCA) has authorized Abide Financial as an Approved Publication Arrangement (APA) from the start of the new regime.
NEX Regulatory Reporting is the result of the acquisition of Abide Financial back in October 2016. The group’s latest approval is an important development for NEX Regulatory Reporting, allowing it to provide an upgraded MiFID II services suite. NEX’s Regulatory Reporting arm is part of the NEX Optimisation business line, which is responsible for Cloud-hosted solutions across the transaction lifecycle as well as tailored regulatory solutions for MiFID II and other regimes.
Collin Coleman, Head of NEX Regulatory Reporting, commented: “The FCA’s approval of our APA under MiFID II is an important milestone in building our multi-regime transaction reporting infrastructure and helps strengthen our position as the partner of choice for market participants’ global regulatory needs."
APA status was also driven by client demand, given the groundswell of focus on MiFID II. The authorization builds on previous efforts, which has seen NEX Regulatory Reporting provide MiFID I services to numerous industry players such as banks, brokerage houses, hedge funds, and asset managers, among others.
Collin Coleman
The latest approval also constitutes a critical milestone for the group, which has been strengthening its MiFID II capabilities over the past year. NEX Regulatory Reporting is also eyeing approval from the European Securities and Markets Authority (ESMA) to act as an Approved Reporting Mechanism under MiFID II. The group currently is a Registered Reporting Mechanism for REMIT and a hub for EMIR.
“The use of APAs will be essential for efficient functioning under MiFID II and we strongly encourage any market participants who have not yet commenced testing to do so immediately to ensure they can continue to trade post 3 January 2018,” Mr. Coleman added.
The countdown towards MiFID II has reached its final stages, with numerous firms providing services ahead of its implementation. Ahead of the January 3, 2018 deadline, the UK’s Financial Conduct Authority (FCA) has authorized Abide Financial as an Approved Publication Arrangement (APA) from the start of the new regime.
NEX Regulatory Reporting is the result of the acquisition of Abide Financial back in October 2016. The group’s latest approval is an important development for NEX Regulatory Reporting, allowing it to provide an upgraded MiFID II services suite. NEX’s Regulatory Reporting arm is part of the NEX Optimisation business line, which is responsible for Cloud-hosted solutions across the transaction lifecycle as well as tailored regulatory solutions for MiFID II and other regimes.
Collin Coleman, Head of NEX Regulatory Reporting, commented: “The FCA’s approval of our APA under MiFID II is an important milestone in building our multi-regime transaction reporting infrastructure and helps strengthen our position as the partner of choice for market participants’ global regulatory needs."
APA status was also driven by client demand, given the groundswell of focus on MiFID II. The authorization builds on previous efforts, which has seen NEX Regulatory Reporting provide MiFID I services to numerous industry players such as banks, brokerage houses, hedge funds, and asset managers, among others.
Collin Coleman
The latest approval also constitutes a critical milestone for the group, which has been strengthening its MiFID II capabilities over the past year. NEX Regulatory Reporting is also eyeing approval from the European Securities and Markets Authority (ESMA) to act as an Approved Reporting Mechanism under MiFID II. The group currently is a Registered Reporting Mechanism for REMIT and a hub for EMIR.
“The use of APAs will be essential for efficient functioning under MiFID II and we strongly encourage any market participants who have not yet commenced testing to do so immediately to ensure they can continue to trade post 3 January 2018,” Mr. Coleman added.
ASX Faces $150M Capital Charge After Scathing Inquiry Finds Years of Neglect
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
