A DTCC Company


News

5 August 2014
FATCA: A US REGULATION THAT'S HAVING A GLOBAL IMPACT
FATCA has raised the stakes for data quality and the need for "clean data." Enacted as part of the Hiring Incentives to Restore Employment Act of 2010, the US Foreign Account Tax Compliance Act (FATCA) has been one of the most widely discussed pieces of regulation in recent years. In simple terms, it aims to thwart tax avoidance by US citizens by preventing them from hiding income and assets in other countries. However, the impact is truly global, encompassing most foreign financial institutions (FFIs) and investment firms with US clients.
29 July 2014
WELSH GOVERNMENT SUPPORT WILL ACCELERATE JOB CREATION IN WREXHAM
Avox Limited, which plans to double its workforce in Wrexham by the end of 2016, will be creating seventy new jobs ahead of schedule with support from the Welsh Government.
11 April 2014
AVOX ANNOUNCES PLANS TO HIRE OVER 200 NEW EMPLOYEES IN WREXHAM OFFICE WITHIN TWO YEARS
Avox Limited, an industry-leader in legal entity data services, announced today its intentions to double the number of employees at its company headquarters in Wales by the end of 2016. Avox is expanding its office in Wrexham to support projected business growth and evolving client needs as the finance industry continues to increase focus on timely risk management and regulatory reporting.
27 January 2014
SIX FINANCIAL INFORMATION INCORPORATES PRE-LEI THROUGH AVOX
SIX Financial Information selects Avox to source pre-legal entity identifiers (LEI) in support of clients’ compliance, risk and operational requirements.
10 October 2013
AVOX WINS BEST LEI DATA SOLUTION AT INAUGURAL A-TEAM DATA MANAGEMENT AWARDS
Avox Limited, a global industry leader in providing legal entity reference data solutions, announced today that it has been awarded "Best Legal Entity Identifier (LEI) Data Solution" by the readers of Reference Data Review, Risk-Technology.net and BigDataForFinance.com.
30 May 2013
AVOX WINS BEST COUNTERPARTY AWARD FROM INSIDE REFERENCE DATA
Readers choose Avox for fifth consecutive year
Avox Limited, a global industry leader in providing legal entity reference data solutions, announced today that it has been awarded “Best Counterparty Data Provider” by the readers of Inside Reference Data for the fifth year in a row.
5 March 2013
AVOX VALIDATES REFERENCE DATA ON MORE THAN ONE MILLION ENTITIES
YoY increase of more than 25 percent on the number of entities validated
Avox Limited, a global industry leader in providing company reference data solutions, announced today that it has validated the reference data associated with 1,053,085 entities globally in its database which marks a year on year increase of 25 percent.

Avox In The News

January 2014 - DerivSource
The Path Ahead for LEIs: 2014 EMIR Reporting & Beyond
Comment piece by Mark Davies, General Manager and Head of Avox, on the evolution of LEIs in 2013 and the challenges facing financial institutions in 2014.
January 2014 - DerivSource
LEIs, CICs, CCS - Is Now the Time for Standards?

Listen to Mark Davies discuss his thoughts on standards in a DerivSource podcast.
4 November 2013
Headline Q4 - Futures & Options World
Comment piece by Mark Davies, General Manager and Head of Avox, on why unchecked reference data may pose a threat to efficient reporting as well as robust internal risk management.
Q3 2013 - ISS- MAG
EMIR Intensifies Spotlight on Reference Data Management

Comment piece by Mark Davies, General Manager and Head of Avox, on the need to address data quality issues in order to facilitate efficient and compliant regulatory, transaction and risk management.
17 July 2013 – TABB Forum
Get a Grip on Legal Entity Data, Untangle a Web of Risk

Comment piece by Mark Davies, General Manager and Head of Avox, on the importance of legal entity data management in guaranteeing sound operations, effective risk management and regulatory compliance.
5 July 2013 - Bloomberg Brief Financial Regulation
Mitigating the impact of FATCA on client experience

Comment piece by Mark Davies, General Manager and Head of Avox, on the importance of implementing, managing and coordinating compliance with FATCA.
17 June 2013 - Derivatives Week
Regulatory Data Sourcing: Time For A New Approach?

By-lined article by Mark Davies, general manager, Avox on the need for front, middle and back office firms to focus more closely on client data management in order to help meet regulatory requirements and to minimise the impact on the customer experience.
14 June 2013 - Waters Technology
Fox Swaps Interactive Data for Avox

Article reports on the announcement that Tim Fox has become product manager at Avox after previously working at Interactive Data as product marketing manager. Article reports that Tim Fox will be reporting to Caroline O'Shaughnessy, managing director, DTCC. Further coverage of the announcement appeared in Reference Data Review.
28 May 2013 - ISS Magazine
New Risk Dynamics Bring Focus On Data Quality
Comment piece by Mark Davies, General Manager and Head of Avox, on how the industry is beginning to see the importance of data quality, highlighting that the data validation process can be made easier for firms through collaboration.
17 April 2013 - Thomson Reuters Compliance Complete
New regulations require cleaner data

Comment piece by Mark Davies, General Manager and Head of Avox, which outlines the importance of processes relating to business entity reference data. This article was also published on Thomson Reuters Regulatory Forum on 18 April 2013.
17 April 2013 - Captive Insurance Times
Data Age

Comment piece by Mark Davies, General Manager and Head of Avox, which explains the importance of data quality to help captive insurance firms comply with Solvency II requirements.
5 March 2013 – gtnews
Global drive for increased transparency will lead to cleaner data

Comment piece by Mark Davies, General Manager and Head of CEO, Avox, which describes how implementing LEIs must start with accurate and compliant data.
5 March 2013 - Inside Reference Data
Regulation Drives 25% Increase In Avox Entity Validation

Coverage of the press release announcing that Avox has validated the reference data associated with 1,053,085 entities globally in its database which marks a year on year increase of 25 percent.
Further coverage appeared in DerivSource, FX-MM, ISS Mag, Reference Data Review and Tabb.

Events

6-7 November 2013
FIMA Europe
London
Speaker: Mark Davies, General Manager and Head of Avox
21 November 2013
3rd Annual ISS Mag Post-trade Technology Summit
Speaker: Tim Fox, Product Manager, Avox