Sell-Side Technology/News
London Stock Exchange Releases Accelerator Tool for CAT
UnaVista builds tool to simulate requirements of US markets project.
ICE Extends Fixed-Income Portfolio with Virtu BondPoint Acquisition
ICE acquisition follows deal for BAML's global research division’s fixed income index platform.
ICE Acquires Global Research Income Platform
Bank of America Merrill Lynch Global Research division’s fixed income index platform will become part of Intercontinental Exchange’s ICE Data Services.
Merrill Lynch Slapped with $45 Million FCA Fine for EMIR Reporting Failures
First enforcement action under EMIR taken by UK financial watchdog over exchange-traded derivatives reporting.
Torstone Fires Up Inferno for Japan, Eyes Nordics
Vendor signs deal with CLSA in Japan and plans to displace incumbent platform.
LCH Names Daniel Maguire as CEO
Clearinghouse COO steps up to CEO position as Suneel Bakhshi takes on LSEG chairman's role.
ABN Amro Clearing Adds Futures Markets to Fidessa EMS
ABN Amro Clearing has extended its partnership with Fidessa, adding futures markets to its EMS.
European Commission: Post-Crisis Regulation Must Focus on Fintech
Fintech developments and implementation requires greater regulatory supervision, according to the European Commission's vice president.
DTCC Eyes Late 2018 for Blockchain-based Derivatives Reporting Platform
Trade Information Warehouse will go live with new blockchain-based system late next year.
Swift Mulls Lessons from Blockchain Nostro Pilot
One-size-fits-all approach inappropriate, and interoperability is key, blockchain trial report finds.
Finastra Uses Machine Learning for Fat-Finger Detection
The new piece of technology aims to tackle issue of erroneous trades at the source.
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.
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."
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.
Information Mosaic Targets Investment Banking Corporate Actions Challenges
IHS Markit-owned vendor rolls out corporate actions system to banking sector to combat legacy systems.
Trading Technologies Makes Surveillance Play with Neurensic Acquisition
Vendor picks up fintech firm for undisclosed amount, will incorporate machine learning into trade oversight.
RSRCHXchange Launches Virtual Library Tool
New tool allows buy- and sell-side users to organize research content more efficiently.
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.
House Lawmakers Pressure SEC to Postpone CAT
Congress has "serious concerns" about the SEC's ability to safeguard data, politicians say.
Synechron Adds Peter Memon as Head of Emerging Technology
Memon will be tasked with exploring potential partnerships in newly created role.
Ullink Extends OMS with Broker Solution for SI Regime
Modular extension for SI compliance to Ullink OMS aims to simply quoting process for brokers under new regulations.
McLoughlin to Lead BGC Financial in Americas
Ex-Ticonderoga chief to run broker's American operations.
SEC Company Information Database Attacked
Vulnerabilities identified in SEC’s EDGAR system – a corporate filings database – may have resulted in hackers profiting from the information they stole.