News
Burton-Taylor: KYC/AML Spending Soars, Vendors Expect Further Boost
Burton-Taylor report shows spending on AML and KYC Data Solutions tops nearly $500 million as firms continue to invest in and adjust their KYC programs.
R3, SIA Partner for Faster Blockchain Deployment
Network provider SIA will build its own chain on the Corda platform.
GDAX Releases Framework for New Digital Assets
Digital currency exchange sets out criteria for admitting cryptocurrencies to trading.
Smartkarma Raises Funds to Grow Platform, Data
The funds will be used to add new features to the research marketplace and support further international expansion.
Buy-Side Technology Awards 2017: All the Winners and Why they Won
This year’s Buy-Side Technology Awards luncheon was held at the May Fair Hotel in London on November 3. Here are this year's winners accompanied by explanations of why they won their respective categories.
Vietnam’s Saigon Securities Taps Horizon for Warrants and Futures Market-Making
The solution will help Saigon Securities build liquidity of its covered warrant products, and allow it to deal with the complexities around T+2 settlement.
Mifid II Bites into Thomson Reuters Desktop Revenues
Execs blame lower-than-expected revenue increases on uncertainty around the upcoming Mifid II regulation.
Aquis Exchange Hires Former TR Exec Ip to Head Product Team
In the newly created role, Ip will be responsible for leading internal development and delivery projects at Aquis.
Saxo Names Andrew Edwards as UK CEO
Edwards' appointment as CEO of Saxo UK subsidiary follows foundation of quant unit to develop new risk tools.
Thai Central Bank Opts for SimCorp’s Investment Management Platform
The solution will support both middle- and back-office functions.
OTCGH’s EOX Expands US Implied Volatility Pricing
The expanded pricing service adds implied volatilities for new locations, as well as historical volatility and other datasets.
Metamako, Velocimetrics Ally for Mifid II-Compliant Data Monitoring
The solution will provide firms with a complete, timestamped audit trail of their activity.
Cboe Rolls Out Final Software for Mifid II
The exchange has completed its compliance strategy by releasing its final piece of software.
Farringdon to Debut AI-Powered Asset Management
Investment selections will still be overseen by human managers before trades are executed.
TMX’s Sinclair to Lead TP Icap’s Data Division as Desmond Departs
Frank Desmond is leaving TP Icap after 12 years, and will be replaced by TMX’s Eric Sinclair.
Solvassure Unveils GDPR Compliance Platform
The regtech firm has released a platform designed for compliance with the General Data Protection Regulation and the Accountability Regime.
MT Newswires Expands Canadian News Services
The news agency is expanding its coverage of Canadian venture stocks, listed cannabis companies, and Canadian exchange-traded funds.
Large Firms Select Trax for ARM and APA Services
Pan-European buy- and sell-side clients choose Trax's ARM and APA solutions for Mifid II compliance.
3di Taps Kozar to Head US Business
Kozar brings more than 30 years of data industry experience at some of the biggest names on Wall Street to his new role at 3di.
Know Your Climbing Costs: Big Firms Report Average $150M Spend on KYC
Costs associated with KYC continue to climb—a Thomson Reuters survey shows large financial institutions are spending $150 million on compliance in 2017.
Exegy Hires Lansdowne for EMEA, Asia Sales
Lansdowne will help the vendor expand in Europe and Asia, where it has identified growth opportunities, officials say.
LCH Makes US Head John Horkan COO Amid Post-Brexit Rumblings
Clearinghouse operator makes US head new COO as it suggests it could move to the US post-Brexit if forced.
Regulators' Acceptance of Fintech Should Encourage Adoption
Regulatory agencies are starting to take the lead in working with financial technology firms, panelists said.
Refreshed FIBO Incorporates Semantic Web Standards
EDM Council releases new version of FIBO that takes account of Semantic Web standards.