Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Fides launches streamlined bank connectivity package

Mid-market companies looking for a fast, easy and cost-efficient way to shed spreadsheets for treasury technology will find it in Reval Core, which now includes a newly tailored bank connectivity offering by Fides Treasury Services Ltd., the world’s largest multi-banking service bureau for corporate treasuries.

22 February 2016

Company update/Post-trade & ops

Obsidian raises $500K

Obsidian, the FinTech company optimizing operations for fund managers, announced that is has secured $500 thousand seed funding round.

22 February 2016

Company update/Post-trade & ops

EBS BrokerTec sees further growth in eFix Matching

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today that it has launched 12 new daily WMR fixes through the eFix Matching solution, with plans to provide electronic execution for all 24 hourly WMR fixes by the end of the first quarter 2016.

22 February 2016

Finextra TV/Post-trade & ops

Blockchain will transform payments ecosystem

Ruth Wandhöfer, Treasury and Trade Solutions, Citi, speaks about why movement towards a cashless society is slow and what the future may hold for the role of banks and money in the context of distributed ledger technologies.

18 February 2016

Company update/Post-trade & ops

Asset Control appoints Robert O'Boyle as MD of Americas

Asset Control announces the appointment of Robert O’Boyle as Managing Director – Americas, responsible for Asset Control’s continued expansion in the region.

18 February 2016

Company update/Post-trade & ops

Irish Stock Exchange and Deutsche Börse extend technology partnership

The Irish Stock Exchange (ISE) has renewed its strategic technology partnership with Deutsche Börse and extended its use of the Deutsche Börse trading infrastructure and related services. The new contract runs for 6 years until the end of 2021.

18 February 2016

News/Post-trade & ops

Markit/Genpact KYC utility expands into Asia

Kyc.com, the joint venture data sharing utility between Markit and Genpact, is to extend its service to Hong Kong and Singapore and onboard new banking partner Standard Chartered.

18 February 2016

Company update/Post-trade & ops

Digital Asset aligns with Accenture, Broadridge and PwC

Digital Asset Holdings, LLC, a developer of Distributed Ledger Technology for the financial services industry, today announced that it has entered into non-exclusive strategic business relationships with Accenture, Broadridge and PwC designed to ensure the faster adoption and scalability of its innovative solutions, and create additional value for clients across the financial ecosystem.

17 February 2016

Company update/Post-trade & ops

NetOTC appoints David Maloy as COO

NetOTC, provider of innovative risk solutions, today announced that David Maloy has been appointed COO with immediate effect.

17 February 2016

News/Post-trade & ops

Bank cost-cutting driving uptake of financial industry utilities

Top tier banks are increasingly open to the adoption of utility-based shared service models to drive down costs and increase efficiency in back office and compliance functions, according to research conducted by Finextra.

17 February 2016

Company update/Post-trade & ops

EDM Council sets up authorised partner network

The EDM Council announced the initial list of firms who have joined the DCAM Authorized Partner Network.

16 February 2016

News/Post-trade & ops

Goldman Sachs invests in big data insights firm Zoomdata

Goldman Sachs has led a $25 million Series C equity financing round in Zoomdata, a supplier of fast visual analytics for real-time streaming and historical data.

16 February 2016

Company update/Post-trade & ops

LCH.Clearnet expands European cash equities clearing service

LCH.Clearnet Ltd, the global clearing house, today announces a further extension of EquityClear, its European equities clearing service. From 22 February 2016, users of UBS MTF will be able to benefit from clearing via LCH.Clearnet.

16 February 2016

News/Post-trade & ops

ItBit poaches SocGen's Nabi to lead European blockchain business

US-based capital markets blockchain outfit itBit has hired Jason Nabi, SocGen's post-trade services lead, to head up a new London office as it seeks to expand its services in Europe, the Middle East and Africa.

16 February 2016

News/Post-trade & ops

Swift role in Target2 up for grabs; ECB ponders blockchain prospects

Interbank payments network Swift may lose its status as the sole network supplier to the European Central Bank's Target2 real-time gross settlement (RTGS) platform as the Eurosystem enters consultation on the future for payments and settlement across the eurozone.

16 February 2016

Finextra TV/Post-trade & ops

Innovation in KYC and client on-boarding

Neil Jeans, Financial Crime Compliance & Risk Consultant, Thomson Reuters, discusses the need for innovation in KYC, and how regulators are responding to innovation in the financial services industry.

16 February 2016

News/Post-trade & ops

Japan Exchange Group and IBM to run proof-of-concept blockchain test

Japan Exchange Group is to run proof-of-concept tests of the use of distributed ledger technology in low volume markets in conjunction with IBM.

16 February 2016

Company update/Post-trade & ops

ITRS selected by eBroker Systems as Asian market expands

Today, ITRS, a global real-time monitoring and analytics provider, has announced plans to integrate its market-leading Geneos technology with eBroker Systems’ trade and risk management platform to provide a series of crucial performance metrics.

16 February 2016

Company update/Post-trade & ops

Fidessa reports revenue increase

Fidessa reports solid revenue growth despite market volatility

15 February 2016

Company update/Post-trade & ops

ESMA consults on implementation of the Benchmarks Regulation

The European Securities and Markets Authority (ESMA) has today published a Discussion Paper (DP) regarding thetechnical implementation of the incoming Benchmarks Regulation (BR).

15 February 2016