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

SmartStream RDU hires Eric Bigelsen to lead US sales team

The SmartStream Reference Data Utility (RDU), today announced the joining of Eric Bigelsen as Senior Vice President, Sales for the Americas.

17 April 2018

Company update/Post-trade & ops

IHS Markit to provide benchmarking service for Nordea Danish Bond Indices

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that it has been appointed as the independent benchmark administrator for Danish bond indices from Nordea Bank, the largest financial services group in the Nordic region.

13 April 2018

Company update/Post-trade & ops

NSD and Interfax begin testing of single disclosure window for corporate actions

National Settlement Depository (NSD), Russia’s central securities depository, and Interfax’s Center for Disclosing Corporate Information began testing the first version of the Single Disclosure Window.

13 April 2018

Company update/Post-trade & ops

London Stock Exchange appoints David Schwimmer as CEO

London Stock Exchange Group plc (“LSEG”) is pleased to announce today the appointment of David Schwimmer as Chief Executive Officer.

13 April 2018

Company update/Post-trade & ops

$3-4 billion spend necessary to address market integrity - WFE

The World Federation of Exchanges ("The WFE"), the global industry group for exchanges and central counterparties (CCPs), today published a joint report with global management consultancy Oliver Wyman on the pivotal role of exchanges and CCPs in supporting market integrity.

12 April 2018

Company update/Post-trade & ops

Taiwan Stock Market achieves 100% e-voting for shareholder meetings

Broadridge Financial Solutions, Inc. (NYSE:BR), the global fintech leader, and Taiwan Depository & Clearing Corporation (TDCC) are pleased to announce that the Taiwan Stock Market has achieved 100 percent e-voting for shareholder meetings.

12 April 2018

Company update/Post-trade & ops

Japan and Hong Kong plan cross-border DVP link

Bank of Japan (BOJ) has been discussing with Hong Kong Monetary Authority (HKMA) about introducing framework that enables DVP (delivery versus payment) settlement for cross-border transaction (cross-border DVP link) of Japanese government bonds (JGBs) and Hong Kong dollar (HKD) with a view to reducing settlement risk.

11 April 2018

Company update/Post-trade & ops

GlobalCollateral and NEX partner to streamline margin call processes

DTCC-Euroclear Global Collateral Ltd (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and NEX a financial technology company at the centre of the global markets,today announced a new partnership to streamline and improve OTC derivatives margin call processes.

11 April 2018

Company update/Post-trade & ops

Global Collateral partners NEX to streamline margin calls

DTCC-Euroclear Global Collateral Ltd (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), and NEX a financial technology company at the centre of the global markets, today announced a new partnership to streamline and improve OTC derivatives margin call processes.

11 April 2018

Company update/Post-trade & ops

KAS BANK selects AIM Software’s GAIN in the Cloud for data management

AIM Software, a leading provider of Enterprise Data Management (EDM) software to the financial services industry, has announced that KAS BANK, a European provider of custodian and fund administration services in the Netherlands, has selected GAIN in the Cloud for their data management needs.

11 April 2018

Company update/Post-trade & ops

SmartStream partners banks to launch Systematic Internaliser Registry

The SmartStream Reference Data Utility (RDU) in collaboration with a group of Approved Publication Arrangements (APAs), including Bloomberg, Deutsche Boerse, NEX Regulatory Reporting, TRADEcho, Tradeweb and Trax today launch a detailed Systematic Internaliser (SI) Registry.

11 April 2018

News/Post-trade & ops

UK Takeover Panel gives Fidessa suitors bid deadline

The UK Takeover Panel has given Ion Investment Group and SS&C Technologies 10 days to put in a firm offer for Fidessa.

10 April 2018

News/Post-trade & ops

JPMorgan takes stake in post-trade startup AccessFintech

JPMorgan has joined a Series A funding round in AccessFintech, a post-trade startup created to help buyside and sell-side firms manage vendor and operational risk across the trade life-cycle.

10 April 2018

Finextra TV/Post-trade & ops

Digital Drive in Energy Trading

Doug Pollock, Global Head of Business Development for Financial and Risk in the Energy Practice Group, Thomson Reuters, talks about how the energy trading sector is coping with the drive towards digitalization, why data and technology are hailed the core elements to digitalization for the energy trading sector and what areas of risk in particular, should the energy sector be concerned with.

10 April 2018

News/Post-trade & ops

Baymarkets splits in two

Nordic fintech firm Baymarkets is splitting in two, with one half of the business focusing on regtech and the other pushing a clearing platform.

10 April 2018

News/Post-trade & ops

Seismic Foundry fintech fund to raise fresh capital

Capital markets venture fund Seismic Foundry has made a further two investments in the fintech startup space and begun raising funds for a new warchest for the 2018-19 financial year.

09 April 2018

News/Post-trade & ops

South Africa's central bank mulls cryptocurrency regulations

The South African Reserve Bank (Sarb) is setting up a dedicated unit to monitor cryptocurrency and fintech developments and inform future regulations and its first job will be to set up a proof of concept (PoC) for DLT-based interbank clearing and settlement.

04 April 2018

News/Post-trade & ops

Commonwealth Bank hit by outage

Customers of Commonwealth Bank Australia (CommBank) have been left frustrated after a series of major outages left them unable to access their bank accounts.

04 April 2018

News/Post-trade & ops

Temenos faces late competition for Fidessa

Trading technology supplier Fidessa has postponed a shareholder vote on whether to accept a £1.4 billion takeover offer from Temenos because two more potential bidders have indicated that they may enter the fray.

03 April 2018

Company update/Post-trade & ops

AxiomSL partners with Genpact for bespoke IFRS 9 system for risk modelling

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces the strategic partnership with Genpact, a global professional services firm that delivers digital transformation for clients, to automate and execute bespoke models for IFRS 9.

03 April 2018