As we edge ever-closer to January 2018, the finer details of MiFID II are yet to fully surface, particularly with regard to RTS 22 and the rules around transaction reporting – undeniably one of the larger pieces of the new regulation. There is still much work to do when it comes to finalising the detailed requirements and the Level 2 RTS are still not published in the Official Journal.

Numerex Corp, a leading provider of enterprise solutions enabling the Internet of Things (IoT), today announced their partnership with Sensile Technologies, a leading provider of solutions for remote monitoring of tanks and meters for the oil & gas industry, to distribute exclusively in North America the intrinsically safe NetrIS^® 3G tank monitoring device for hazardous liquids, particularly propane.

American International Group, Inc announced that Peter Y. Solmssen will join AIG as Executive Vice President and General Counsel on October 18. Mr. Solmssen will oversee the Global Legal, Compliance, Regulatory and Government Affairs functions, and will report to Peter D. Hancock, AIG President and Chief Executive Officer. He will also serve as a member of AIG’s Executive Leadership Team, and participate in all strategic and policy decisions affecting the company’s operations.

Creating the future of financial technology isn’t just a challenge – it’s the goal behind FIS’ annual Hackathon competition. FIS™, a global leader in financial services technology, hosted the final of its Hackathon 2016, a worldwide coding competition between FIS technologists, last week in Singapore with 13 finalist teams competing against each other for 48-hours, non-stop. Their goal was to develop the best use of blockchain technology to handle “smart contracts” – computer protocols that enforce or facilitate contracts.

SmartStream Technologies, the Transaction Lifecycle Management (TLM®) specialist, today announced that Banque et Caisse d'Epargne de l'Etat, Luxembourg (BCEE) has implemented SmartStream’s Corona Universal Data solution - helping the bank to complete audit trails and meet US regulatory requirements in a timely manner.

NRS, part of Accuity, today announced that it has acquired FIRE Solutions, a leading provider of compliance and education products and services to the broker-dealer community and an industry leader in securities exam preparation. Palm Ventures, LLC is the lead investor in FIRE Solutions along with The Palmer Group. The acquisition is part of NRS’s strategy to provide a comprehensive, single-source compliance portfolio to its clients that will enable them to fulfill their regulatory requirements.

 Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, was named as a member of the 2016 FinTech Forward 100 list of the leading technology providers in the world. Baker Hill credits its inclusion on the list and steady growth to financial institutions’ rising demand for competitive lending and business intelligence solutions.

 Wolters Kluwer is holding its annual EMEA Client Conference for Financial Services in Vienna this week. The event, which starts tomorrow, brings together the firm’s valued clients from across the region, allowing them to discuss finance, risk and regulatory reporting trends and challenges.

SIX Financial Information, a global provider of top-quality reference data, market data and added value services, and Infront, a leading trading and information solution provider in the Nordics, today announced their future collaboration to provide a better service for their customers in Sweden, Denmark, Finland and Norway.