Solutions
The Depository Trust & Clearing Corporation subsidiary, The Depository Trust Company (DTC), has successfully processed the US market’s first-ever, fully-automated voluntary reorganisation ISO 20022 instruction as part of its newly automated Voluntary Reorganisation service.
With the launch of this new automation, DTCC moves towards completion of its journey to fully automate the corporate actions lifecycle from end-to-end, helping clients reduce the rising costs and risks associated with the corporate action process.
In recent years, the corporate events process has become increasingly complicated due to the rise in popularity of financial instruments including securitised derivatives and structured equities – both
FinhavenTM Private Markets has launched Canada’s first securitised NFT – Stardust Music Video NFT (Stardust NFT), an asset owned by bKREATIV Productions Ltd.
The NFT is currently being offered to Canadian accredited investors through Finhaven Private Markets (operated by Finhaven Capital Inc, a subsidiary of Finhaven Technology Inc) in increments of CAD1,000 for a total value of CAD2 million CAD (the “f-NFTs”).
Stardust Music Video is an award-winning music video (Los Angeles Film Awards and New York Movie Awards) and the first in the line of eight videos which will form a soundtrack for Black Rose TV Series (Black Rose).
Apex Group is to acquire ZASMalta (ZAS), a specialist provider of regulatory compliance and risk management services.
Prometheus Alternative Investments, a Los Angeles-based fintech social marketplace providing institutional-quality information, insights, and alternative investment opportunities, has launched a new social network and digital fund marketplace.
Prometheus allows investors of all types to connect with leading investment professionals through their in-platform social accounts. Investment professionals can create exclusive and compliant content, giving any investor access to quality investment insights and a chance to learn right from the professionals. By reaching new audiences, Prometheus’ in-platform social network democratises access to thought leaders and investors for all to access and learn.
Additionally, Prometheus Marketplace offers accredited investors, family offices, and wealth
Swiss financial data expert SIX has partnered with Urgentem, an independent provider of carbon emissions data and climate risk analytics, to support clients in meeting climate related requirements such as regulatory reporting of emissions data, tracking alignment to climate goals (Net Zero) and stress testing among many others.
Pan-European market infrastructure provider Euronext has completed the migration of its Core Data Centre and related colocation services from Basildon, UK, to the Aruba Global Cloud Data Centre IT3 in Bergamo, Italy.
This key milestone has been completed on schedule in just 14 months.
Relocating Euronext’s Core Data Centre from the UK to Italy, into a best-in-class and green data centre facility, was a strategic decision made in response to multiple factors, including the dynamic created by Brexit, and a strong rationale for relocating Euronext’s core European trading activities in the European Union.
Temenos has launched Multifonds Navigator, a simple and cost-efficient NAV oversight and contingency solution for asset managers who outsource their fund accounting operations to third-party administrators.
Apex Group has been appointed by 3iQ Digital Asset Management (3iQ), one of Canada’s largest digital asset investment fund manager to provide fund administration, listed transfer agency and custody services.
Founded in 2012, 3iQ has more than CAD1.8 billion in assets under management (as at 3 June, 2022). 3iQ continues to lead the sector, having been the first Canadian investment fund manager to offer a public bitcoin investment fund.
Euronext Group (Euronext) has acquired the the technology businesses currently powering MTS, its fixed-income trading platform, and Euronext Securities Milan (formerly called Monte Titoli) from Nexi.
The purchase price will be paid in cash and amounts to c€57 million, subject to customary closing adjustments.
This transaction is a new step in Euronext’s strategy to leverage its integrated value chain as it further enhances Euronext’s technology competencies and capabilities in trading and post trade.
The Transaction, which will be realized through Euronext’s subsidiaries MTS and Euronext Securities Milan, is expected to close in the second half of 2022 and is subject
Bosonic, a decentralised Financial Market Infrastructure (dFMI) business has launched the Bosonic Cross-Custodian Net Settlement (CCNS) Working Group with several of the industry’s leading digital asset custodians, exchanges and banks.
The industry group will be spearheaded by Bosonic and will include a worldwide network of digital asset custodians such as First Digital in Hong Kong, Tetra Trust in Canada and Vast Bank in the United States, with other custodian banks as well as major financial institutions and exchanges participating and soon to be announced.
This is an industry first to include a range of institutional custodians from around the
