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

Competition watchdog probes Ion takeover of Fidessa

The UK's Competition and Markets Authority (CMA) has launched an investigation into Ion Investment Group's proposed £1.5 billion takeover of trading technology firm Fidessa.

19 June 2018

Company update/Post-trade & ops

ABN Amro, EuroCCP, Euroclear and Nasdaq complete blockchain PoC for margin calls

ABN AMRO Clearing, EuroCCP, Euroclear and Nasdaq have completed a joint proof of concept to make the use of securities more efficient when used to cover margin calls, including after business hours, using blockchain, or distributed ledger technology (DLT).

19 June 2018

Company update/Post-trade & ops

Data sharing startup ipushpull arrives on BT Radianz Cloud

BT today announced the availability of ipushpull’s live data sharing and collaboration services to members of the BT Radianz Cloud, one of the world’s largest, secure networked financial communities.

19 June 2018

Company update/Post-trade & ops

First Bank streamlines loan origination with Baker Hill

Baker Hill, a leading provider of technology solutions for common loan origination, risk management, relationship management and smart data analytics, announced that First Bank selected Baker Hill’s consumer lending and online loan application solution to support the bank’s continued growth in the most efficient manner.

18 June 2018

Finextra TV/Post-trade & ops

Keeping up with today’s competitive marketplace

Philip Taliaferro, Head of Strategy, EMEA/ Asia-Pac, Broadridge, talks about the pressures capital market firms face with the evolving regulatory landscape and geopolitical change, which regulatory obligations are most impacting firms and what strategies are they implementing to overcome operational and business challenges.

18 June 2018

Company update/Post-trade & ops

Watson Wheatley launches reconciliation-as-a-service

Watson Wheatley Financial Systems, specialists in securities reconciliation software, have announced the launch of ‘Reconciliation as a Service’.

18 June 2018

Company update/Post-trade & ops

Cinnober names Peter Lenardos CFO

Cinnober announces the appointment of Peter Lenardos as the new CFO for the Cinnober Group. Mr. Lenardos is an established professional with extensive experience in the financial sector as both an investment banker and ranked research analyst, with an international network in the institutional investment community, and among global market infrastructure and asset management companies.

14 June 2018

News/Post-trade & ops

Live: EBAday2018, day two

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

13 June 2018

News/Post-trade & ops

10,000 jobs could be lost to robots says Citi

US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.

12 June 2018

Company update/Post-trade & ops

Minium and Exactpro team up for software testing

Minium and Exactpro Systems Limited (Exactpro) today announced that they have entered into a partnership under which Exactpro will provide independent software testing of Minium’s Risk Management and Post-Trade processing systems.

12 June 2018

Company update/Post-trade & ops

CBA completes Sepa instant payment testing with EBA Clearing

Norwegian software vendor Commercial Banking Applications (CBA), today confirmed that it has successfully completed testing of instant payments with EBA Clearing – with the result that its IBAS SIP - SEPA Instant Payment Solution can now support the processing of real-time payments for banks connecting to the EBA Clearing Instant Payment System.

12 June 2018

News/Post-trade & ops

Live: EBAday2018, day one

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

12 June 2018

Company update/Post-trade & ops

New chief exec appointed at Strate

South African Central Securities Depository (CSD), Strate, is pleased to announce the appointment of André Nortjé as its new CEO, effective 1 August 2018.

12 June 2018

Company update/Post-trade & ops

Tocom and HKEX sign MoU

The Tokyo Commodity Exchange (TOCOM) and Hong Kong Exchanges and Clearing Limited (HKEX) and today (Monday) signed a Memorandum of Understanding (MOU) to further promote their cooperation through information exchanges, staff exchanges, product development and joint promotion.

11 June 2018

Company update/Post-trade & ops

Swedish central bank opens consultation on instant payments

An infrastructure for the settlement of instant payments will become an increasingly important element of the payment landscape.

11 June 2018

Company update/Post-trade & ops

Liquidity Marketplace raises US$1 million for imarch into Southeast Asia and the US

Liquidity Marketplace (LMX), a financial technology (fintech) startup providing an innovative marketplace solution to transform how multinational corporations, banks and financial institutions manage their liquidity, announced today its successful seed stage fundraise of US$1 million.

11 June 2018

News/Post-trade & ops

Northern Trust applies for blockchain patents

Northern Trust, one of the few financial firms in the world to have a implemented a live distributed ledger application, has applied for two new blockchain-related patents in digital identity and meeting management.

08 June 2018

News/Post-trade & ops

Thai CB to issue digital currency for interbank settlement: Sarb reports back on Project Khokha

The Central Bank of Thailand is initiating a project to use a Bank-issued digital currency for interbank settlements.

07 June 2018

News/Post-trade & ops

Italian banks test blockchain for interbank reconciliations

The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations to a first group of 14 lenders.

06 June 2018

Company update/Post-trade & ops

Investment Association calls for inefficiencies in the bond markets to be addressed

The Investment Association (IA) has today published a series of best practice principles designed to improve the functioning of the bond markets during exchange and tender offers – the process whereby an issuer exchanges its existing bonds for new bond issuance or buys them back for cash.

06 June 2018