Solutions
Societe Generale Securities Services (SGSS) has combined its existing Front, Dealing, Middle and Back office services into one plug-and-play solution that allows clients to focus on their main activities: asset selection, performances and distribution to their clients.
Built as a modular solution, CrossWise enables asset managers to outsource as many services as needed so they can focus on their core business. Bundling all SGSS’ “front to back” expertise and its capacities in trading and securities services, CrossWise allows clients to optimize their operating model and meet all regulatory constraints, such as audit trails or best execution. CrossWise uses the powerful
Saxo Bank is partnering with Microsoft to run its entire technology stack on the Microsoft Cloud.
Saxo Bank is a fintech specialist focused on multi-asset trading and investment, servicing clients in more than 170 countries with access to investments in global capital markets and headquartered in Copenhagen, Denmark. Saxo Bank delivers “Banking-as-a-service” allowing other banks and brokers to leverage Saxo Bank’s technology and global capital markets access. Expecting the number and scale of partnerships to grow significantly, Saxo Bank has decided to leverage the Microsoft Cloud to ensure scalability, flexibility and security in the digital infrastructure.
“The future of
Appian has unveiled the latest version of Appian, the Digital Transformation Platform. The new release is designed to make it easier than ever to rapidly build powerful software applications.
Enhancements to the platform help drive intelligent automation across the organisation, optimise the designer and user experience across channels, and bolster performance and administration of Appian’s platform-as-a-service (PaaS) cloud architecture. In addition to being in the core Appian platform, these enhancements are also available in the new Appian Intelligent Contact Center Platform.
“We deployed nine key risk mitigating applications on Appian in just 18 months,” says Denise Knabjian, First Vice President of
Eight years since derivatives trade reporting was first introduced, DTCC’s latest white paper assesses progress made against G20 goals and proposes recommendations to further improve the global reporting framework.
While significant progress has been made during the last eight years towards establishing a global reporting framework for over-the-counter (OTC) derivatives transactions, DTCC says substantial work remains to be done in the areas of data consistency, aggregation and access in order to be able to effectively monitor and reduce systemic risk.
A Progress Report on OTC Derivatives Trade Repositories: ‘Many Miles Travelled, More Yet to Go’, calls for continued focus
Financial services regulatory consulting firm Bovill has launched a global cryptocurrency-blockchain offering.
“Cryptocurrencies and the technology supporting them are revolutionising global finance,” says Ben Blackett-Ord, Chief Executive at Bovill. “Bitcoin and other cryptocurrencies are an emerging asset class with real challenges to achieving their full potential. Chief among these is an unclear regulatory environment on a local, national, and international level.
“Bovill has identified a growing demand to help firms take advantage of the cryptocurrency boom and we are delighted to be able to provide consulting services to investors, digital currency-related businesses, traders, and exchanges. We also can
VRBex, a fin tech company planning to operate a cryptocurrency exchange and security-token trading platform, has launched an initial security token offering (ISTO) for potential investors.
VRBex CEO, Gene Grant (pictured), and COO David Powell believe that token holders represent an interested and motivated group of future customers who are looking for robust and secure cryptocurrency and security token exchange platforms built to withstand the rigours of the highly regulated financial-services marketplace.
VRBex’s company founders sought to design VRBex to be a safe, trusted, and robust financial services company for the exchange, storage, trading, and payments associated with cryptocurrencies,
In order to improve market liquidity and financial stability, the G20 countries decided in 2009 that over-the-counter (OTC) products should be centrally traded on electronic platforms.
Recent research results from Swiss Finance Institute (SFI) Professor Harald Hau from the University of Geneva, Peter Hoffmann, and Sam Langfield from the European Central Bank, and Yannick Timmer from Trinity College, Dublin, confirm that such a move will reduce the costs of hedging currency risks for non-financial companies and therefore make an important contribution to risk reduction in the real economy.
The decision of the G20 countries to trade all standardised OTC
European Energy Exchange (EEX) and IncubEX have expanded their partnership into North America via EEX Group’s US-based platform Nodal Exchange.
The global cooperation agreement between EEX and IncubEx, which started in August 2017, aims to build and improve liquidity in environmental and other contracts globally.
IncubEx will work with Nodal Exchange and Nodal Clear to launch a broad suite of North American environmental contracts in the second half of 2018. These contracts will be listed and cleared alongside Nodal’s existing portfolio of energy products.
Nodal has established itself as a leader in innovation, offering over one thousand
BITREAL Capital has been granted marketing authorisation and registration by the German Federal Financial Supervisory Authority (BaFin) for the BITREAL Real Estate Blockchain Opportunities Fund 1 GmbH & Co KG (BREBCO 1).
Set up as a Spezial AIF, BREBCO1 is aiming for an equity volume of EUR40 million.
BREBCO1 provides professional, officially registered investments in cryptocurrencies and blockchain technology-based coins and tokens. Semi-professional investors, starting from a minimum EUR500,000 investment volume, and professional investors can now invest into the fund.
BREBCO1 aims to invest in blockchain technologies through established tokens, coins and virtual currencies (cryptocurrencies) as well as
FlexTrade has launched FlexNOW, an out-of-the-box, broker neutral EMS to address the needs of hedge funds and mini-primes requiring a streamlined, multi-asset trading system at the click of a button.
Designed to handle trading for equities, futures and options, FlexNOW is MiFID II compliant; provides connectivity to leading market data providers; easily integrates with any order management system (OMS) via FIX and API; and comes with its own built-in transaction cost analysis functionality.
According to Rhyd Lewis (pictured), FlexNOW Product Manager at FlexTrade UK, FlexNOW’s zero-touch onboarding and installation process gets clients up and running in a matter of
