International Derivatives Clearing Group, an independently operated subsidiary of The Nasdaq OMX Group, will be clearing four new over-the-counter interest rate derivative products through its clearinghouse. The products are: • US Dollar Interest Rate Swap vs. 1 Month Floating Rate • US
A subsidiary of Athora Holding (Athora), a specialist insurance and reinsurance group with consolidated assets of approximately EUR15 billion has selected SimCorp Dimension to support its back-office operations with accounting, financial and regulatory reporting across the European markets. An established
Swiss-based Ascentis Capital has announced the launch of the Ascentis Abraxas Fund, a Cayman Island Limited Partnership.
Luxembourg-based VNX Exchange is joining forces with Sumsub, a scalable solution for KYC/AML regulatory compliance, to stay in line with growing jurisdictional demands and ensure compliance of its platform. As the fifth EU Anti-Money Laundering Directive (AMLD5) gains its full
Broadridge Financial Solutions has launched Broadridge Data Control Intelligent Automation, a new artificial intelligence (AI) and machine learning (ML) platform built to be deployed across industry-wide reconciliation, matching and exception management applications. Broadridge has teamed with Singapore-headquartered Tookitaki Holding Pte
GPIF, the Japanese Government pension fund and the largest pool of retirement savings in the world, has suspended stock lending in a move that will have implications for short-sellers including hedge funds. GPIF says that the practice of stock lending
Drake Management LLC is partnering with RiskMetrics Group, Inc. to develop its portfolio analytics and risk measurement tools. Through implementing RiskMetrics Group’s full suite of risk measurement systems tailored for absolute return strategies, Drake will build upon its proprietary variance/covariance
Digital asset trading platform trading platform Bitfinex has launched support for the Lightning Network. The Lightning Network is a decentralised system of smart contracts built as a second-layer of the Bitcoin blockchain, enabling custodian-free instant, high-volume micropayments across a network
Standard & Poor’s, the provider of independent investment research, ratings, and indices, took the unprecedented step this week of releasing the following statement on the i
Forex trading solutions provider Integral has reported average daily volumes (ADV) across its platforms of USD34 billion in November 2019. Integral says the no other platform reaches as many, as varied, and as comprehensive a set of FX products and
