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Plato Partnership, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, is collaborating with BMLL Technologies to provide twelve daily T+1 market quality metrics to enable more transparency and information across the trading landscape in Europe.
This initiative with BMLL will allow market participants access to metrics that will help improve their execution and implementation processes and ultimately improve results for the end investor.
The objective of this collaboration is to improve the overall quality of market transparency, focusing particularly on buy-side participants. This initiative will also provide regulators and policymakers with key information on trading
CQS has appointed Serge Harry as Group Chief Financial Officer. He will report to Xavier Rolet, CQS’ Chief Executive Officer, and he will join the CQS Executive Committee. Harry will also oversee the Human Resources function.
Harry was previously a Member of the Executive Committee of the London Stock Exchange Group (LSEG), Chief of Staff to the Group CEO, and Group Country Head for France, Benelux and Germany.
Rolet says: “Serge is an outstanding choice for this critically important role. He brings strong international management and finance knowledge. His experience in managing this function globally will be invaluable to us
IHS Markit, a specialist in critical information, analytics and solutions, has launch of new Event Management tools within its investor relations workflow solution BD Corporate suite.
The functionality, in pilot testing with customers for several weeks, helps investor relations teams operate efficiently in organising events and other interactions with the capital markets community. Event Management builds on BD Corporate’s industry-leading database of institutional investors, analytics, CRM and reporting tools, as well as IHS Markit’s sophisticated IR advisory services which include investor targeting, market intelligence, situational analytics and perception studies.
“Integrating events management into BD Corporate benefits the full ecosystem
Itiviti, a technology and service provider for the capital markets industry, has appointed Linda Middleditch as Chief Product Officer.
An experienced strategy and change management specialist, Middleditch joins Itiviti from Bloomberg LP, where she most recently was Global Head of SSEOMS Product Management. She has previously held senior product development positions with top-tier investment banks, including Citi and Morgan Stanley.
Reporting to CEO Rob Mackay, Middleditch will become a member of Itiviti’s executive management team. Her role includes defining the product department’s vision and overseeing every element of the product strategy and execution, including design, development and marketing. She will
Pico, an infrastructure, connectivity, cloud technology, data and analytics services provider to the financial services industry, has launched its global connectivity ring, expanding the PicoNet backbone to the major financial data centres in North America, Europe and Asia.
PicoNet is Pico’s private, proprietary network provides low-latency connectivity to hundreds of liquidity sources, information providers and counterparties.
“Our state-of-the-art global ring is the first of its kind to combine carrier-grade connectivity with the cost-effective scale and resiliency our clients require,” says Roland Hamann (pictured), Managing Director at Pico. “Now, every client has direct access to global markets including our high-quality market
Broadridge Financial Solutions has appointed Samir Pandiri as President of Broadridge International. Based in London, Pandiri will be responsible for Broadridge’s Post-Trade Technology, Global Proxy, and Asset Management Data and Technology businesses outside of North America with a special focus on Europe and Asia.
Most recently, Pandiri was Global CEO of BNY’s Asset Servicing Division and a member of BNY Mellon’s senior leadership team. Prior to that, he was CEO of BNY’s Shareowner Services Division where he was responsible for the successful turnaround and sale of the equity administration services business. Previously, he was responsible for the international corporate trust
By Lisa Shea, Manager, Fund Governance Solutions – While some may have dragged mutual funds out to the cart to be hauled away, they remain a sizeable and still growing presence in our industry. Exchange Traded Funds (ETFs) are also growing, but it’s important to look at the full picture. As of 31 March, 2019, the Investment Company Institute (ICI) reports that there are more than USD19 trillion in assets in open end mutual funds, compared to USD3.77 trillion in ETFs, with AUM growing for both categories.
Furthermore, the ICI’s 2019 Investment Company Fact Book notes that there were more than
Trading technology specialist Neueda has made its Front Office SDK open source and freely available for use. Front Office aims to helps help investment institutions and trading firms connect to all of the European equity markets.
A dedicated slack community has also been created to allow those within the industry to communicate and exchange ideas with Neueda’s Front Office SDK creators.
Colin Pattison, MD Capital Markets at Neueda, explains: “Front Office SDK is a suite of modules and connectors that can be used to connect applications to the European equity markets, and facilitate the development of electronic trading applications. It
Eventus Systems, a global trade surveillance and market risk platform provider, is to provide its futures market surveillance technology to INTL FCStone.
INTL FCStone recently announced several expansion initiatives and deployed the cloud implementation of the Validus platform, replacing its current outsourced system and bringing new capabilities and cost efficiencies to its business.
Eventus now provides trade surveillance and financial risk management to more than 20 per cent of registered US futures commission merchants (FCMs). Also deploying the Validus platform are a growing list of exchanges and firms participating in a wide range of global asset classes, including equities, options,
CloudMargin’s board of directors has appointed Stuart Connolly as CEO. Connolly, most recently Group CEO of TriOptima and a former Managing Director at Goldman Sachs, replaces Steve Husk, who played an active part in the Board selection of the new chief executive.
Connolly begins his new role with immediate effect.
Mark Beeston, Managing Partner and Founder of Illuminate Financial Management, and Chairman of CloudMargin, says: “Our entire Board is excited to welcome Stuart Connolly as the CEO who will lead CloudMargin in the next phase of its growth. Stuart is a well-known, respected industry figure who has been a key
