Sell-Side Technology/News
TP Icap’s Rising Costs Force CEO Ouster
Broker fires CEO as Brexit, compliance and IT costs mount.
LSEG's Nowell Swaps UnaVista for Kaizen
LSEG's reporting guru moves to competitor as Mifid II beds in.
Cboe Plans Amsterdam Venue Ahead Of Brexit
The exchange’s main office in Europe will continue to be London.
TOFIS Keynote: National Bank of Canada Uses AI to ‘Brew’ a Richer Blend of Banking Services
Some fear the prospect of artificial intelligence taking traders' jobs. But, explains National Bank of Canada's Alexis Gouslisty, AI's greatest opportunities are in transforming the way banks manage data internally and how they interact with clients.
Dark Trading Caps Not Responsible for Periodic Auction Growth, Study Finds
FCA report find that growth in periodic auction trading is not a result of dark-trading bans.
US Regulators Strengthen Ties with New Agreement
Derivatives and equity market regulators sign updated memorandum.
Digital Reasoning Readies Public Release of Model-Training Platform
To solve the old needle-in-a-haystack problem, Digital Reasoning is developing a tool dubbed Cognition to improve the training process for machine-learning models.
Cobalt Plans Low-Latency FX Credit Management Platform
The platform aims to manage credit to reduce risk associated with clients in distress.
LSEG Acquires Minority Share in AcadiaSoft
LSEG is looking to improve its non-clearing services with this latest deal.
Archax Launches Institutional Crypto Exchange
Startup targets institutional community with digital-asset exchange.
Hyannis Port Research Support to China Stock Connects Now Fully Operational
The firm plans to further expand in Asia-Pacific, in markets such as Japan, Korea, Singapore and Taiwan.
Deutsche Bank CIO Moves to CBA
He will take charge of the bank’s future technology, data and operations strategy.
GMEX Launches Exchange Trading Ecosystem in Mauritius
The UK's Department for International Trade has given support to the creation of the exchange
Banks, Bourses and Regulators Form Spanish-Market DLT Venture
Blockchain project aims to fast track issuance of warrants process.
Bloomberg Eyes Amsterdam for Trading and Reporting Platforms
The information and trading technology giant has registered a Netherlands-based entity for its trading platform.
After Arbitration Deal, SGX’s Indian Products Survive—For Now
The final outcome of the arbitration award is expected to be announced by the first quarter of 2019.
IBM Rolls Out Upgrades for Watson Financial Services Portfolio
IBM has enhanced its regtech suite of services, including the integration of Armanta’s platform after the May acquisition.
Deutsche Bank Migrates Ops Processes to SmartStream
The global investment bank will offload services to cut costs and inefficiencies.
Senior SEC Staffer Says Bitcoin, Ether Are Not Securities
Digital currencies themselves do not qualify as investment contracts, regulator says, but could when packaged.
Cryptocurrency Exchange itBit Adds Four New Currencies
The firm now covers the five largest cryptocurrencies.
Arkéa to Integrate NeoXam’s PMS
Paris-based asset manager selects NeoXam technology to bolster front and middle office.
Bank Execs Call for Regulatory Harmonization and Cross-Border Clarity
Panelists discuss operational issues involved in cross-border compliance with Mifid II.
J&J Taps Deutsche Exec for Compliance Consulting
Montagnino has held a range of compliance and surveillance-related roles at banks and trading firms.
Bitcoin Regulation on the Agenda for Global Policymakers
Expert panel struck a positive tone on the future of crypto assets and indicated that it was only a matter time until regulation caught up with the digital age.