News
State Street Makes Global Head of Currenex, FX Connect Appointments
Three new global head roles appointed for State Street Currenex, FX Connect and GlobalLink businesses.
Bloomberg, Trax, LSE Among First Approved as ARMs
Financial Conduct Authority has started issuing approvals to entities that applied to act as ARMs under Mifid II.
BNP Paribas Pursues 40 Act Acquisition, Readies Live Blockchain Implementation
The French bank looks to make a "big" acquisition, and will go live with an internal blockchain for corporate actions within "weeks."
ISN Debuts VendorScape Optimization Service
ISN's new VendorScape service will help firms rationalize and optimize their spend with vendors, across data and other areas.
BNP Paribas Securities Services Extends Collateral Management Business with Tri-Party Service
French custodian enhances collateral management service connecting the buy side, the sell side and central clearing counterparties.
Axon Raises Curtain on Second ACT
Axon's new ACT tool will provide speedier and more accessible data on a firm's application data usage, as well as—when used with its PEAR tool—helping to understand the cost impact of exchange policy changes.
Information Mosaic Targets Investment Banking Corporate Actions Challenges
IHS Markit-owned vendor rolls out corporate actions system to banking sector to combat legacy systems.
Ex-PolarLake CEO Randles Heeds Siren Call
The former PolarLake and Bloomberg exec sees opportunities in startup Siren's Big Data intelligence tools.
Illuminate Invests in TransFicc
TransFicc raises €1 million from investors including Illuminate Financial.
Parke Departs Brazil’s Agencia Estado, Eyes NY Opportunities
The veteran of the Brazilian and Latin American market data industry is seeking new opportunities in the US.
Trade Informatics Builds out Research Analytics Suite
In addition to bolstering its research capabilities, the company is also turning to artificial intelligence to revamp its trading platform.
Trading Technologies Makes Surveillance Play with Neurensic Acquisition
Vendor picks up fintech firm for undisclosed amount, will incorporate machine learning into trade oversight.
Cheyne Capital Taps Red Deer for Mifid II Research
Cheyne Capital is using Red Deer’s management solution to help meet MiFID II’s research unbundling requirements.
Esma Issues LEI Brief, Urges Firms to Step up Efforts
The European Securities and Markets Authority (Esma) urges market participants to take action now to obtain their LEI code before the Mifid II January 3, 2018 deadline.
Awards Update: AFTAs Entry Deadline Extended to October 16
It is still possible to submit entries to this year's American Financial Technology Awards, although time is running out – the website closes on Monday October 16.
RSRCHXchange Launches Virtual Library Tool
New tool allows buy- and sell-side users to organize research content more efficiently.
ICBC Taps AxiomSL for Mifid II Solution
The bank is able to use the same platform for multiple regulatory reporting requirements.
Charles River and Trax team up for Mifid II reporting solution
Charles River Development’s Investment Management Solution will integrate Trax’s Mifid II Trade and Transaction reporting solutions.
RSRCHXchange Unveils Apps, Hires North Americas Sales MD
The enhancements are designed to make it easier to access and manage research, while the hire of Harold Bailey is intended to respond to demand from North American firms.
SWIFT upgrades reference data quality for treasurers
A new reference data service from Belgium-based SWIFTRef enhances data quality for treasurers.
Deutsche Bank Makes Autobahn Platform Code Public
150,000 lines of Autobahn code to be open-sourced and integrated into Symphony messaging platform.
UBS, IBM Add Four Banks to Blockchain Project
Bank of Montreal, CaixaBank, Commerzbank and Erste Group join trade finance blockchain platform inititative.
MDX 'Connects' Platform with Symphony
MDX has integrated its real-time data distribution platform with Symphony.
House Lawmakers Pressure SEC to Postpone CAT
Congress has "serious concerns" about the SEC's ability to safeguard data, politicians say.