Solutions
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 Limited, to utilise its award-winning AI and ML technology to deliver a next-generation platform addressing industry-wide reconciliation, matching and exception processing inefficiencies. Customers will be able to license modules on the platform for multiple Intelligent Automation applications with the initial two modules being Break Management and Recon Perform. Both modules provide a true enterprise wide capability, working across not only
24 Exchange, a new offshore, multi-asset class, over-the-counter (OTC) platform, is now live and open for trading.
The first product available for trading is Foreign Exchange (FX) Non-Deliverable Forwards (NDFs). 24 Exchange enables institutional market participants to anonymously exchange FX NDFs at the lowest possible transaction cost, creating a much-needed additional liquidity pool for the market.
24 Exchange says it reduces the costs of exchanging financial assets for its participants and eliminates market data fees. The company delivers 24-hour access to liquidity for customers. In addition to offering full-day market access to a range of asset classes, 24 Exchange uses
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 power in January 2020, new regulatory demands of due diligence and AML will come into place, influencing the compliance and reputations of all the major fintech players in the market.
VNX Exchange is a Luxembourg-based digital assets issuance platform with a forward-looking approach and thorough risk management and compliance framework. In order to satisfy current and forthcoming regulatory requirements and
McKay Brothers International (MBI) has expanded its lowest known latency market data services to India. The Quincy Extreme Data (QED) service now distributes select London Metals Exchange data at Mumbai’s Banda Kurla Complex (BKC) in less than 51milliseconds one-way.
In addition, MBI offers select Aurora, Illinois-sourced Metals, Energy, and FX futures data at BKC in less than 85 milliseconds one-way, the lowest known commercial latency.
Francois Tyc (pictured), MBI Managing Director: “The growth of Indian markets has been bolstered by an active community of local traders and has attracted substantial interest from global firms. Access to the lowest latency market
Avelacom, a high-performance global connectivity and IT infrastructure provider for the financial services industry, has enhanced its high-speed network performance and joined Hong Kong Exchanges and Clearing Limited’s (HKEX) ecosystem of network service providers to offer the market’s lowest latency route between London and Hong Kong.
To facilitate essential low latency access to HKEX markets for financial services firms across Europe, the Americas and APAC, Avelacom has added another point of presence (PoP) in Hong Kong at HKEX’s colocation data centre. The new POP will allow the setup of broker-neutral, low latency connectivity to the HKEX trading environment. This is
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 insurance and reinsurance group, Athora has a firm focus on the European insurance market, with its principal operational subsidiaries in Belgium, Germany, Ireland and Bermuda. The decision to optimise its investment operations with SimCorp Dimension as-a-service, will facilitate increased automation across invested asset classes, all in one core system. The selection will support Athora with greater operational efficiencies, enabling it
Capco, a global technology and management consultancy dedicated to the financial services industry, has announced the launch of a new Prime Brokerage Consulting offering.
Prime Brokerage Consulting will support prime brokers as they navigate ongoing regulatory change, implement their data and digital transformation agendas, and undertake internal projects including vendor selection and target operating model projects.
Anthony Bennett has joined Capco’s Capital Markets practice and UK leadership team as an Executive Director to lead the new initiative.
Formerly Global Head of Prime at KPMG Consulting, Anthony brings 20 years’ experience building and managing prime brokerage platforms at leading global banks,
Former UBS veteran, Claude Waelchli, is to launch a US-based digital securities issuance platform, Tokenyz, which aims to modernise the legacy securities industry.
Stepping away from his role at UBS as Head of Portfolio Advisory for Global ultra-high net worth and institutional clients, Waelchli believes “digitisation of traditional securities will create exponential growth opportunities for traditional financial markets.” Especially the digitalisation of financial and real assets such as debt, equity and real estate, which represent a USD600 billion opportunity, according to The Money Project.
Digital securities have many advantages, such as automation of manual processes, faster settlement speeds, liquidity creation, lowering minimum trade
CryptoCompare, a specialist in digital asset data, has launched a suite of digital asset data products in the BT Radianz Cloud. The comprehensive real-time and historical dataset will provide institutional clients with a granular, reliable view of the digital asset class.
The addition of CryptoCompare’s full dataset will enable BT Radianz clients globally to gain access to a comprehensive market data offering including reference rates, trade and order book data across more than 150,000 cryptocurrency trading pairs. CryptoCompare collects, cleans and aggregates the data from over 180 cryptocurrency exchanges to provide a consistent, high-quality feed via WebSocket and REST API.
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has partnered with Columba Systems, an independent provider of international future financial events data to both sell-side and buy-side institutions.
With this partnership, clients will be able to access three different types of data – the dates and release times of Company Results, Company Meetings and the dates of upcoming Trade Shows and Investor Conferences, from company events worldwide.
“EDI is pleased to work with Columba Systems in order to provide their data offerings to its clients”, says Jonathan Bloch (pictured), CEO of Exchange
