Tower Research Capital, a global electronic market maker, has entered into an agreement to utilise the Torstone Technology’s platform for post-trade processing, globally, across all traded asset classes. Torstone’s post trade platform is a multi-entity, multi-asset cloud-based SaaS solution, which will manage the trade capture, accounting, reconciliations and corporate actions requirements for all of Tower Research Capital’s global entities.

Fenergo, a leading provider of digital solutions for Know Your Customer (KYC) and client lifecycle management (CLM), has launched FinCrime Risk, an application programming interface (API)-first software as a service (SaaS) solution which allows financial institutions to centralise and automate risk assessment processes and streamline anti-money laundering (AML) compliance across all business lines and geographical locations.

BitMEX, one of the world’s largest crypto trading platforms, has announced the launch of the BitMEX Spot Exchange for retail and institutional traders. The launch of the BitMEX Spot Exchange represents a significant step for BitMEX’s strategy to offer cutting edge products to crypto traders. The exchange supports seven pairs of cryptocurrencies, including bitcoin (XBT), ether (ETH), chainlink (LINK), uniswap (UNI), polygon (MATIC), axie infinity (AXS) and apecoin (APE), all against tether (USDT). Users are able to access the spot by placing coin conversion request-for-quotes (RFQs), through Central Limit Order Books and taking advantage of API trading, as well as

BMLL, an independent provider of harmonised, historical Level 3 Data and analytics, is partnering with Kepler Cheuvreux, an independent European financial services company specialising in research, execution, advisory, and asset management services.

Buck, an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm, has launched Echelon+, an inclusive approach to defined benefit pensions governance to help protect trustees and sponsors from increasing complexity.

Exabel, a data and analytics platform for investment teams, has partnered with People Data Labs (PDL) to deliver a powerful new insights capability for PDL’s investment research clients. The People Data Labs Insights Platform will provide hedge funds and asset managers with curated insights based on the largest B2B people dataset available on the market.  This offering will provide users with easy to navigate dashboards, visualisations and KPI monitoring capabilities, and aid in the idea generation process by flagging trend shifts in People Data Labs’ datasets.

City Hive, the think tank and advocacy group, has launched ACT, a standard of corporate culture for investment companies, chaired by City Hive’s CEO Bev Shah, and Chief Strategist Mandy Kirby. ACT, standing for ‘Action, Challenge, and Transparency’, is a standard of corporate culture designed to help investment companies demonstrate movement towards more diverse, equitable and inclusive firms. ACT enables companies to show alignment between external and internal values; between beliefs and behaviours. There are 15 founding signatories to ACT, including Schroders, Lombard Odier Investment Management, M&G, Aviva Investors, Mirabaud Investments, AssetCo, Federated Hermes, WHEB, BlueBay Asset Management, Radiant ESG,

Global investment solutions provider, Russell Investments, has been selected by French pension plan, Fonds de réserve pour les retraites (FRR), as transition management partner. FRR will utilise Russell Investments’ deep capital markets expertise and extensive trading capabilities to reduce exposure risk and execution costs when restructuring its mandates, including changes to managers, strategies, benchmarks and investment styles.

Bittrex, a US-based cryptocurrency exchange, has added support for USD Coin (USDC) to its list of trading pairs.

Advisor Group has selected CAIS, an alternative investment platform for independent financial advisors, to provide a platform solution for improved alternative investment access, education and transaction workflow.