SEB Extends DTCC Agreement via Global Trade Repository Swedish financial group Skandinaviska Enskilda Banken (SEB) has decided to use the Global Trade Repository (GTR) services of the DTCC to meet regulatory obligations under the Securities Financing Transactions Regulation (SFTR) that are likely to take effect in April 2020. The decision is an extension of SEB’s… Read More >>
BMO Capital Markets Explores Blockchain for Fixed Income
Pilot Involves Canadian Dollar Fixed Income Issuance Transaction BMO Capital Markets has successfully launched a pilot project for a fixed income issuance transaction that is “mirrored on a blockchain platform alongside leading pension fund investor Ontario Teachers’ Pension Plan (Ontario Teachers),” officials say in a prepared statement. “The transaction included Bank of Montreal as… Read More >>
T. Rowe Price Vet Joins SenaHill Partners
SenaHill Partners Hires a FinTech Specialist Consultant SenaHill Partners, LP, a financial technology specialist merchant bank, reports the appointment of T. Rowe Price veteran Todd Ruppert to “help steer the firm’s international advisory initiatives” and to “help drive global expansion.” Ruppert will serve as a consultant to help drive the firm’s international expansion and will… Read More >>
CFTC Taps Federal Prosecutor to be Enforcement Director
Jamie McDonald to Start CFTC Post on April 10 James McDonald, who has served as a prosecutor in the Southern District of New York, has been named the director of the CFTC’s Enforcement Division, according to the CFTC’s Acting Chairman J. Christopher Giancarlo. McDonald will replace Vince McGonagle, who has been serving as acting director… Read More >>
AIM Software Names Head of Sales for North America
Enterprise data management (EDM) vendor AIM Software has appointed Ian Grow as its new director of sales for North America, officials say. Grow will be based in Washington, D.C. and will report to AIM’s Vienna, Austria-based Chief Commercial Officer Josef Sommeregger, officials say. In his new role, Grow will be responsible for “supporting and expanding… Read More >>
‘Joss offerings will be integrated with AIM’s suite’
AIM Software, based in Vienna, Austria, is completing its acquisition of New York-based entity data management vendor Joss Technology, according to Olivier Kenji Mathurin, head of product marketing and research for the data management vendor. Joss Technology is the maker of the Entity Data Management System (EDMS), the “entity master” that uses a fuzzy logic… Read More >>
AIM Software Acquires Joss Technology
Austrian data management vendor AIM Software has reached an agreement to acquire New York-based entity data management vendor Joss Technology, according to a statement from AIM. The terms of the acquisition have not been disclosed. Joss Technology is known for its Entity Data Management System (EDMS), which uses a fuzzy logic algorithm and an intuitive… Read More >>