Regulatory Compliance

Delivering regulatory change for the financial industry

The financial crisis triggered regulators across the globe to create new, overarching principles for the rules of engagement for the financial services industry. Regulations such as MiFID II, PRIIPS, EMIR and the GDPR herald not just an increase in regulatory oversight, but a re-architecting of the European capital markets. Effective and efficient translation of those regulations into practice requires an in-depth understanding of regulations and of the banking environment.
GreySpark has assisted global and regional banks in the translation of regulations into change initiatives through reviewing emerging policies, planning change programmes and implementing new tools and processes.

Our Value

Delivering regulatory change comes with a special set of challenges. Firms have little control over the timelines for delivery and the obligations are revised as the regulatory legislation evolves and legal interpretation is developed. Distilling regulations into obligations is just the start – determining how the obligations apply to the specific business model and taxonomy of a firm is often a complex and laborious process. GreySpark brings specific regulatory knowledge and experience to help stakeholders define objectives and requirements.

When it comes to implementation and delivery, there is no substitute for careful, detailed analysis and planning. However, subject matter experts who hold the crucial organisation-specific knowledge within a firm lack the bandwidth to deliver required project artefacts such as business requirements and functional specifications. With experience in a broad range of organisations and a proven track record of delivering regulatory change in a well-defined but pragmatic manner, GreySpark delivers a powerful combination of expertise, leadership and advice that is tailored to the specific requirements of each engagement. GreySpark helps clients to look past their regulatory obligations and see the opportunities beyond.

Interested in GreySpark's Regulatory Compliance Services?

GreySpark has assisted global and regional banks in the translation of regulations into change initiatives through reviewing emerging policies, planning change programmes and implementing new tools and processes.

Regulatory Compliance Service Offering

Impact Assessment

  • Product/asset-class/Business Line scope determination
  • Business stakeholder training and engagement
  • Business process impact analysis
  • Technology impact analysis

Solution Design

  • Vendor analysis and Build vs Buy decision support
  • Peer analysis and comparison of approach
  • Business and technical architecture
  • Technical and functional specifications
  • Budget planning and delivery schedule
  • Business stakeholder training and engagement

Delivery Health Check

  • Requirements accuracy and completeness review
  • Cross-functional/multi-regulation solution assessment
  • Technical design evaluation
  • Independent delivery risk assessment

Traceability Mapping

  • Requirements-to-solution mapping
  • Cross-workstream alignment and gap analysis
  • Test case definition and process evidencing

Implementation Support and Acceleration

  • SME input and advice
  • Best Practice workshops
  • Full project lifecycle documentation, using waterfall, agile or mixed toolsets
  • Vendor selection & PoC delivery
  • Project Management & PMO Support
  • RAID management


NewsRegulatory Compliance
12 Feb, 2018

Understanding Research Unbundling and Why The GDPR Should Not Be Forgotten – Part 1

The first article in a two-part series,  Johnson Oni outlines how MiFID II's research unbundling mandates pose significant operational and tactical challenges to sellside institutions. Part 2, to be published next…
NewsRegulatory Compliance
14 Dec, 2017

Risk & Regulations: MiFID II, MiFID II, MiFID II

In 2017, GreySpark has enjoyed a fruitful project pipeline in terms of helping its clients with many aspects of MiFID II. RTS 6 brought HFT and electronic trading very much…
BlogBuyside TrendsRegulatory Compliance
15 Nov, 2016

Buyside Firms to Benefit Long-term from Strategic Compliance Investments

Exploring why and how buyside firms must appraise their current outlay of trade and transaction order and execution management systems used to generate regulatory reporting data in the EU as…

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Case Studies

28 Feb, 2018 in Case Studies, Project Delivery, Regulatory Compliance, Surveillance

Trade Surveillance Enhancement: Market Abuse Regulation Programme

The Compliance team of a major Asset Management firm asked GreySpark to help with the enhancement of their trading surveillance capability.
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30 Aug, 2017 in Case Studies, Regulatory Compliance, Risk Management

Algorithm Risk Control Management and Reporting – Integration with Model Risk Management Process

For regulatory purposes, the client’s electronic FX and Fixed Income businesses have identified a need to document and evidence their catalogue of eTrading algorithms, detailing and evidencing a series of…
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