In other news, Broadridge bolsters its virtual shareholder platform, Nomura creates a digital company, Napier taps NatWest, and Chronicle Software launches a matching engine.
New Zoom APIs for NTR-X
NICE, a financial services communication recording and compliance vendor, reports that the latest version of its key offering NICE NTR-X can be used for capturing Zoom Video Communications Inc. conference system meetings and Zoom Phone conversations.
The move is in response to financial services firms accelerating their “adoption of multiple forms of unified communications,” says Chris Wooten, executive vice president, NICE, in a prepared statement.
In addition to Zoom, financial services firms are using NICE NTR-X “to capture Microsoft Teams, IPC Unigy, Cisco, Cloud9, and other communications platforms,” officials say.
“Participating as a select early adopter partner, NICE worked with Zoom to create and utilize new APIs [application programming interfaces] for financial markets compliance recording,” officials say.
“NICE and Zoom also worked closely together to develop this compatibility to enable regulated customers to address capture and assurance requirements such as those outlined by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Markets in Financial Instruments (MiFID II) Directive, and other global regulations,” according to a statement from NICE,” officials add.
The NTR-X system “can be deployed as a cloud or on-premise solution, with both options offering a compelling total cost of ownership,” officials say.
Broadridge Adds to Virtual Shareholder Meeting Platform
Broadridge Financial Solutions Inc. reports the introduction of “new enhancements” to its virtual shareholder meeting platform for 2022.
Broadridge has “simplified and refreshed” the platform’s interface with users, as well as the functionality of the question-and-answer capability, the vendor says, adding that the changes were made based on the 2021 “experience of hosting close to 2,400 virtual shareholder meetings.”
The 2022 changes include the “ability to sort and group questions, enhanced interactive video capabilities,” and the ability of shareholders to “easily vote in a few clicks and receive confirmation their vote has been counted,” officials say.
The system enables virtual shareholder meetings to be “livestreamed with audio and video,” the vendor points out, and they “better promote the democratization of investing and increase transparency in corporate governance by giving a meaningful way for shareholders to attend annual shareholder meetings for companies in which they hold shares.” — L.Ch
Nomura to Establish New Digital Company
Nomura Holdings, Inc. reports that it plans to reorganize its current future innovation company into a new “digital company,” effective April 1, 2022.
“This is an important next step in our digital evolution,” Kentaro Okuda, Nomura’s president and group chief executive officer, says in a statement. “Digital technology is a critical part of our strategic drive to expand our operations in private markets. The new Digital Company will lead deeper collaboration among internal and external stakeholders, accelerate our uptake of digital technologies, and enhance our client services.”
Nomura’s future innovation company was formed in April 2019, per the statement. This latest digital iteration is meant to “strengthen collaboration in the digital domain across group companies, including its international operations, while also bolstering initiatives in focus areas as it builds on the work done by the Future Innovation Company. By establishing a new organization with a strategic mission, Nomura aims to drive further business development and global collaboration.”
Nomura’s statement points out that digital assets “such as cryptocurrencies, security tokens, and non-fungible tokens are gaining presence as a new asset class. The fusion of innovations stemming from distributed ledger technology with traditional finance is giving rise to a new range of services. By tapping into this, Nomura aims to expand its private markets businesses and broaden its services in focus areas including sustainability and decarbonization.”
Nomura currently operates “through its three business divisions: retail, wholesale (global markets and investment banking), and investment management.” It was founded in 1925. — L.Ch
Napier Taps NatWest for New Chief Product Officer
William Monk
William Monk, the former NatWest Group head of financial crime quality and standards, has been named chief product officer (CPO) at Napier.
The current CPO, Nick Portalski, moves to the post of chief solutions officer (CSO), according to a Napier statement.
Monk’s finance-industry experience includes stints at several major banks, including HSBC, Barclays, and, most recently, NatWest, according to the statement. His mandate as CPO includes “leading our long-term product vision for next-generation [Software as a Service] SaaS financial crime solutions,” Napier adds.
The Napier CPO post is newly created, according to Julian Dixon, one of Napier’s founders and its chief executive officer, who adds that the position was “purposely formed to show our commitment to our customers, ensuring that we fully understand and deliver to their requirements.” — L.Ch
Chronicle Software Debuts Matching Engine System
Chronicle Software reports that it has released a low-latency matching solution, dubbed the Chronicle Matching Engine, that offers order matching, and validation and risk checking capabilities for multiple order types including time-in-force order instructions, officials say.
The new offering has a modular design means that allows customers to “adopt all or some of the Matching Engine software both to create new and support existing proprietary trading solutions and can be integrated seamlessly with other Chronicle trading solutions and services,” officials say.
In addition, the Chronicle Matching Engine “enables bespoke pre-order matching rules such as Minimum Execution Quantity (MEQ) and Self-Match Prevention (SMP).”
The Chronicle Matching Engine software “runs on commodity hardware and can be deployed at on-premise data centers or any cloud environment. Key to its low-latency, high throughput performance is a Java-based design that leverages proven Chronicle Queue technology and optimizes available resources. The Matching Engine supports multiple and extensive libraries, and new matching engines can be added in real-time as they are needed,” officials say.
Need a Reprint?