Bipsync, a research platform provider for investment management firms, has secured USD7 million in a growth investment round led by Edison Partners. FINTOP Capital also participated in the round. Proceeds will be used to expand Bipsync’s global footprint and
IHS Markit’s MarkitSERV and Cobalt are collaborating to accelerate the delivery of new post-trade processing services for foreign exchange (FX) markets. + As part of its alliance with Cobalt, IHS Markit also made a strategic investment in the firm
Traiana, a provider of pre-trade risk and post-trade processing solutions, has launched a Unique Trade Identifier (UTI) management solution using the Harmony network. As each jurisdiction introduces its own specific trade reporting requirements and UTI methodology, the management and sharing
Aquis Exchange, the pan-European equities trading exchange, has completed its first day of live operations, executing trades in all three of the markets available at launch. Aquis Exchange, which has introduced subscription pricing to European equities trading, saw several members
The Caribbean Financial Action Task Force’s mutual evaluation of the Cayman Islands at the end of 2017 led to a revision of the jurisdiction’s anti-money laundering (AML) regulations and was the catalyst for the new Cayman AML guidance. The CFATF
Société Générale Securities Services has launched the Global Performance Benchmarking
NYSE Euronext (NYX) has reported Global derivatives average daily volume (ADV) of 7.5 million contracts in January 2012 – a decrease of 17.3% versus the prior year, with European Derivatives declining 31.3% and US equity options decreasing 4.1%. European cash
The cryptocurrency market is predicted to reach USD1 trillion according to Smartereum as the market capitalisation continues to grow. Currently, the estimated size of the crypto market is approximately USD417 billion, a very modest number and one that remains dwarfed by other
2018 was an extremely busy year for Walkers, one of the Cayman Islands’ leading international law firms. The firm saw a tremendous amount of activity in private equity and related downstream corporate work, while with respect to hedge funds the
On 3 December 2018, the Cayman Islands Monetary Authority (CIMA) published amendments to December 2017’s AML Guidance notes on the Prevention and Detection of Money Laundering and Terrorist Financing. Under the AML/CFT regime, a clear distinction has been made between delegation
