Blockchain Proof of Concept Effort Will Go On Credit Suisse, Ipreo, Symbiont and R3 have completed the successful initial stage of a project to demonstrate how blockchain technology can be used to improve the syndicated loan market, officials say. The proof of concept will continue throughout the year and will includes participation from agent banks,… Read More >>
Robotics Comes to Due Diligence Reporting
Opus Signs Distribution Deal with OutsideIQ Opus, a regulatory software as a service (SaaS) vendor, announced that its Alacra, know your customer (KYC), reference data management and onboarding platform, will have access to automated due diligence reports for compliance via a distribution partnership with OutsideIQ, an artificial intelligence software provider. The agreement will make OutsideIQ’s… Read More >>
Brexit Would Breed Chaos for London Firms: Report
With the European Union Referendum just over a month away on June 23, the arguments are flying fast and furious on both sides. For the undecided it is difficult to decipher the rhetoric but there is no doubt that leaving will plunge the country and the region into the world of the unknown and potentially… Read More >>
Alacra Launches Free Website for Accessing Identifiers
In an effort to accelerate the adoption of the Legal Entity Identifier (LEI), Alacra Inc., a provider of reference database solutions for financial institutions, has launched what it is calling a new approach to accessing publicly available entity identifiers. The new website offering Alacra Resolve will help end users access LEI, GIIN, ticker, CIK, FRN… Read More >>
Alacra Says Buy Side Wants Research-on-Demand Service
Business information vendor Alacra says its new Alacra-on-Demand (AOD) research service has recently seen significant adoption by asset managers, hedge funds and private equity firms. AOD had a soft launched in February and provides “a team of experienced researchers on an ad-hoc, pay-as-you-go basis to conduct specialist research,” according to a company statement. Alacra officials… Read More >>