Sell-Side Technology/News
Saxo Bank Forms White Label Partnership with Phoenix Finance
Under a MoU, the Chinese fintech firm will integrate Saxo’s investment and trading capabilities.
IHS Markit, Oliver Wyman Developing Methodology for FRTB Modelability
The methodology will be developed on Markit's FRTB suite of solutions.
Eurobank Implements Horizon Software
Eurobank Equities, the brokerage division of the bank, announced it integrated Horizon’s platform for automated trading.
Opus Launches Compliance Solution for Third-Party Risk Assessment
Hiperos 3PM Banking Accelerator is a preconfigured solution aimed at banks to assess and manage the risk of third parties.
R3 Offers Free Access to the Corda Blockchain Code
The code is available for download via Corda.net for free to encourage the contribution of the global developer community.
Numerix Launches FRTB Solution
Banks can use Numerix FRTB to examine capital impacts and calculate risk to FRTB requirements.
DTCC Expands Trade Repository Services in Canada
DTCC adds Newfoundland and Labrador to Global Trade Repository, covering the entire country.
Horizon Software, Neo & Partners Global Join Hands on Trading Platform
The Trading-Atrium, a multi-asset, ultra-low latency trading platform open to all exchanges will leverage Horizon’s high-frequency trading solution.
UPDATED: Morgan Stanley Joins Goldman Sachs in R3 Departure
Santander is reported to have left the blockchain consortium as well.
Iccrea Banca Partners with Misys to Streamline Post-Trade Processes
The new project is expected to cut operating costs and improve both straight-through processing and risk management.
Singapore Looks to Create an API Economy
Together with the Association of Banks in Singapore, the Monetary Authority of Singapore has published the ‘Finance-as-a-Service API Playbook’ containing guidelines for application programming interfaces.
BSO Further Expands US Presence
The low-latency network provider sees increased demand to connect to exchanges as growth driver.
Singapore Eyes Central Bank-Issued Digital Currency
R3 and eight financial institutions will conduct a pilot program for interbank payments and cross-border foreign currency transactions.
CMB International Taps Fidessa’s OEMS for Centralized Asian Trading
Hong Kong-based subsidiary of China Merchants Bank implements order and execution management system for Asian trading operations.
SEC Approves CAT Plan, Will Select Firm to Build It Within 2 Months
The regulator modified several points of the NMS plan prior to approval.
Nasdaq Taps Adena Friedman as CEO Starting in 2017
Friedman, who will also join the board of directors, will take over for Bob Greifeld starting January 1.
IHS Markit Names Andrew Aziz Global Head of Markit Analytics
Azizi comes to IHS Markit from IBM.
Hong Kong Government Advises Caution with Distributed-Ledger Technologies
Hong Kong's HKMA says it is premature to make a conclusion on distributed-ledger technology.
CME Group CEO Phupinder Gill Retires
Terry Duffy, executive chairman and president of the US futures exchange, will take over as chairman and CEO.
Neptune Adds Citi, Deutsche Bank to Open Standard Bond Trading Network
Citi and Deutsche Bank join buy/sell side collaboration network aimed at improving pre-trade bond indication sharing
TSX Company Services, Solium Partner
TMX Group's listed company support division looks to expand on service offering for listed companies via alliance.
BNY Mellon Opens Innovation Lab in Singapore
The Singapore Innovation Center is the bank's eighth lab.
SEC Delays Ruling on Chicago Stock Exchange's Speed Bump
The Commission extends its deadline for a decision to December 21.
SIX Swiss Exchange Details New Dark Pool
The platform runs on Nasdaq technology, as the two exchanges announced the renewal of their partnership.