REG FOCUS Identify and reduce the risk of regulatory censure

REG FOCUS Identify and reduce the risk of regulatory censure

REG FOCUS A modular solution to address the multiple challenges presented by the ever-growing burden of financial regulation covering market abuse and best execution The Market Abuse Regulation (MAR) became effective throughout the European Economic Area on 3rd July 2016 and the Markets in Financial Instruments Directive II (MiFID II) comes into effect on 3rd January 2018. The aim of these regulations is to increase market integrity and investor confidence while ensuring a single rulebook and level playing field across the EU. In addition, they have greatly increased the compliance burden - and associated costs - for buy-side firms who can no longer simply rely on the controls provided by their brokers and other third parties. MAR MAR builds on the agenda of the Market Abuse Directive (MAD), which it repealed. But it is wider in scope, covers more financial instruments and includes more trading venues. MAR also extends market manipulation to include attempted manipulation and prohibits abusive behaviour regarding benchmarks. MiFID II MiFID II is considerably broader than its predecessor and makes sweeping changes to pre- and post-trade transparency in addition to extending instrument coverage and trading venues (once MiFID II is implemented, MAR will harmonise with this extended instrument coverage). Best execution requirements within MiFID II include the need to demonstrate sufficient efforts to provide best execution to clients and report annually to clients.

Service highlights A specialist managed service for buy-side compliance officers RIMES RegFocus offers a sustainable, cost-effective solution to the many complex challenges of MAR and MiFID II compliance. Our service is designed specifically to reduce the risk of insider dealing and market manipulation in accordance with Reg. EU 596/2014 and ESMA RTS and to provide reporting and capabilities in line with Directive 2014/65/ EU and ESMA RTS 28. With its unique, powerful processing capabilities, RIMES RegFocus is designed to streamline and simplify regulatory compliance for buy-side firms. In practice, it is a managed service designed by compliance officers for compliance officers. RIMES RegFocus sources, captures and maintains all the necessary data elements to facilitate a comprehensive review of all order and trade activity across related legal entities and confirm that best execution has been obtained. By using RIMES RegFocus, a compliance officer can achieve a commanding view of key regulatory obligations and is empowered to act quickly and confidently. RIMES RegFocus is the only specialist service designed to allow the buy-side to meet regulatory obligations under MAR and MiFID II. As a fully managed service, it offers a new, transformational approach to regulatory compliance that includes: RIMES RegFocus at work RIMES RegFocus translates regulatory guidelines and rules governing trading conduct and best execution into alerts to identify potentially abusive order and trade behaviour accurately and early and to ensure that clients receive the best possible outcomes. Using powerful algorithms and analytics, our service monitors and detects behaviour across multiple exchanges and asset classes, including ETFs, benchmarks, indices and portfolio rebalancing activities. The service accommodates single order or trade and basket and can be tailored to suit individual roles and management hierarchies.

Data coverage and management Insider list management Market manipulation and insider dealing Best execution Comprehensive coverage, including 85 global equity, commodity and derivatives trading venues Market data for over 50,000 equities, over 500,000 bonds and 14 FX fixes across 55 currency pairs Global surveillance coverage for OTC instruments, including FX and fixed income Targeted regional alerts that incorporate jurisdictional regulatory and market-specific parameters. Insider information reception portal that enables an individual or group to report potential insiders manually or though list management Watch and restricted list management to reduce the risks associated with wall crossings Warning mechanisms for insiders and automatic adjustment of surveillance parameters Trade controls, including near real-time reporting on exposure to firms on watch and restricted lists Timely reports on large corporate actions affecting large positions owned by funds. Comprehensive regulatory framework that prevents or detects orders or trades that could have been executed based on material non-public information A full regulatory framework helping to prevent and detect orders or trades that are intending to manipulate the market Shows the actual impact on the market, benchmark or fund and the potential benefit for the fund generated by the offence. Monitoring of transactions vs. best execution policies to enable amendment of the policy if it is not producing the best client outcome Where appropriate, publish the top five execution venues in terms of trading volumes for all executed client orders per class of financial instrument Extraction of data to enable the publishing of a summary of analysis and conclusions drawn from the of execution quality obtained during the preceding year. Discover more rimes.com/regfocus

Advanced cloud-based technology A fully scalable solution that grows with the business Comprehensive reporting, including suspicious transaction reporting, full investigation and audit trail functionality Personalised and intuitive dashboard Integration with existing systems regardless of technology RIMES RegFocus At a glance Why choose RIMES RegFocus? RIMES RegFocus offers a new, strategic approach to regulatory compliance for the buy-side. The service offers comprehensive regulatory coverage and a team of RIMES regulatory experts constantly monitors new buy-side regulatory obligations. By choosing RIMES RegFocus a firm can keep pace with changes in regulations and insulate itself from technology change. RIMES RegFocus offers a single solution to the many complex challenges of MAR and MiFID II compliance. Users benefit from an expert approach to compliance that has been defined and refined at the heart of the buy-side. As a fully hosted service, RIMES RegFocus requires minimal capital outlay and new clients can be up and running in a very short time. Our consultative approach and proven methods ensure a smooth onboarding process with no disruption to existing systems or business processes, regardless of systems environment or data formats. RIMES RegFocus builds on the success of RIMES Managed Data Services (RIMES MDS), which offer a proven solution to the global data management challenge. Our managed services are continually proven in some of the world s most demanding investment management markets. A managed service offers a cost-effective choice for firms wishing to mitigate risk and boost operational efficiency. A subscription to RIMES RegFocus includes access to a team of compliance experts and a pool of expertise that is constantly enriched at the heart of the buy-side. In practice, RIMES acts as an extension of a client s own compliance department and offers a shortcut to best practice compliance. Compliance officers who choose RIMES RegFocus leave nothing to chance Comprehensive and reporting of all instruments under EU 596/2014 Article 2 and 2014/65/EU RTS 28 Annex 1, including: Equities Debt instruments FX Interest rates derivatives Credit derivatives Currency derivatives Structured finance instruments Equity Derivatives Securitised Derivatives Commodities derivatives Investment funds CFDs ETFs Benchmarks REG FOCUS

Follow us Twitter @RIMESTech LinkedIn RIMES Technologies YouTube RIMES Technologies Get in touch info@rimes.com rimes.com/regfocus About RIMES RIMES is a specialist provider of services to investment managers and asset owners worldwide. For over twenty years, RIMES Managed Data Services (RIMES MDS) have helped clients reduce the cost of managing financial data and mitigate operational risk. In 1996, we were a pioneer provider of managed data services using cloud technology; today our clients include 60 of the top 100 global investment managers and 9 of the world s top 10 custodians. North America New York (Headquarters) 84 Wooster Street New York NY 10012 USA +1 212 381 9000 Boston 31 St James Avenue Boston MA 02116 USA +1 617 221 9666 Seattle 1420 Fifth Avenue Seattle, WA 98101 USA Toronto 161 Bay Street Toronto, ON M5J 2S1 Canada +1 416 572 2523 EMEA London No. 1 Cornhill London, EC3V 3ND, UK +44 (0)20 7743 6040 Paris 13 avenue de l Opéra 75001 Paris France +33 (0)1 78 09 70 70 Nicosia Karyatides Business Center Makrasikas 3, Strovolos Nicosia 2034, Cyprus +357 22 028 045 Asia Pacific Sydney 88 Phillip Street Sydney, NSW 2000 Australia +61 (0)2 9258 1189 Shanghai 1105 China Insurance Building 166 East Lujiazui Road Shanghai, 200120 China +86 21 5888 6108 Singapore North Tower 1 Raffles Quay, Singapore 048583, Singapore +65 6622 5930 Best Managed Service for Reference Data RIMES T e chnologies By offering a transformational data management platform, RIMES MDS enables buy-side firms to improve their data quality, transform their data management capabilities and boost their business responsiveness. By choosing a managed data service, a firm can remove the burden of data management without surrendering control. RIMES MDS eases the regulatory compliance burden by improving data governance and transparency. All buy-side firms face a growing regulatory compliance challenge and feedback from our clients confirms that MAR and MiFID II represent a significant and growing regulatory burden. We are ideally positioned to offer a strategic solution to MAR and MiFID II compliance. RIMES RegFocus builds on the proven methods and technology of RIMES MDS but addresses the specific needs of compliance officers who must comply with these and other regulatory challenges. RIMES RegFocus is fully hosted and managed by RIMES. It offers a scalable solution that removes the need for onsite data storage. RIMES ensures that its clients fulfil their regulatory record keeping obligations for and reporting. RIMES clients can also tap into a wealth of data management and compliance expertise that is unmatched within the industry. 2014-2017 IFM BEST BUY-SIDE MANAGED DATA SERVICES PROVIDER - USA AWARDS 2 0 1 5 RIMES Technologies RIMES Technologies 2017