DTCC Appoints MD for DTCC Deriv/SERV The DTCC, post-trade market infrastructure services provider, reports that Valentino (Val) Wotton has been appointed managing director for the DTCC’s Deriv/SERV business unit, effective August 29, 2017. Wotton will be “responsible for product development and strategy,” and will report to Chris Childs, president and CEO of DTCC Deriv/SERV. Prior… Read More >>
Broadridge Hires CMO from Grayscale Investments
New CMO to Lead Global Strategies for Broadridge Broadridge Financial Solutions has appointed Deborah A. Bussière as global chief marketing officer (CMO), effective May 8, a post that she held at Grayscale Investments, officials say. In her role, Bussière will direct Broadridge’s global marketing functions, including execution of the company’s brand strategy, product marketing efforts,… Read More >>
Broadridge Girds Post-Trade Arsenal via Third Acquisition
Broadridge Financial Solutions has acquired for an undisclosed amount post-trade specialist Message Automation Ltd., making this the third major company purchased by Broadridge in its bid to broaden its post-trade and data analytics capabilities. Broadridge’s previous post-trade related acquisitions were: In June 2016, Broadridge expanded its global securities financing and collateral management capabilities via the… Read More >>
Four Women Nominated for Top Ops Prize of FTF Awards
Four women have made the list of nominees for the Ops Business Person of the Year category of the 2017 FTF News Technology Innovation Awards, reports Financial Technologies Forum (FTF), owner of online news service FTF News and FTF Focus magazine. In addition, FTF reports that it has finalized the list of nominees and has… Read More >>
Schroders Appoints U.K. Business Head
Schroders Moves Business Head for Japan Into New Role Schroders, an asset management company that traces its history back 200 years, reports the appointment of Guy Henriques as country head for the U.K. business, reporting to John Troiano, global head of ddistribution. Henriques, who joined Schroders in 2006, is returning from Japan, where he has… Read More >>
CFTC Gives Compliance Officers More Time to File Annual Reports
Chief compliance officers at futures commission merchants (FCMs), swap dealers, and major swap participants may have more time to file annual reports because of amendments that the CFTC is proposing for a key regulation. CFTC officials announced on August 9 that it will be publishing in the Federal Register proposed amendments to CFTC regulation 3.3… Read More >>
Broadridge Platform Targets Post-Trade Ops Integration
Broadridge Financial Solutions has a new platform for its post-trade solutions and services that brings together processing engines with new, Java-based components, intended to provide financial services firms with a standardized, streamlined environment. The new Global Post Trade Management (GPTM) solution is intended to bring new operational advantages to global trade processing and management because… Read More >>
Japanese Exchanges to Work with IBM Japan on Blockchain Project
Officials of the Japan Exchange Group (JPX) and IBM Japan recently announced that they are jointly developing proof of concept (PoC) tests for the Blockchain distributed ledger technology. This effort marks another major project for the financial services industry, which has been rapidly exploring how Blockchain can be applied to a variety of securities operations…. Read More >>
Digital Asset Lands A-List Backers and $50M in Funding
Digital Asset Holdings, LLC, a New York City-based developer of distributed-ledger technology for the financial services industry, reports that it has “raised more than $50 million in funding” from several prominent financial industry players. The company’s new investors are: ABN AMRO, Accenture, ASX Ltd., BNP Paribas, Broadridge Financial Solutions, Inc., Citi, CME Ventures, Deutsche Börse… Read More >>
Texas Hedge Fund to Use Broadridge Platform
Hedge Fund Signs Up for Broadridge’s Service The Austin, Texas-based Prophet Capital Asset Management, a $2.3 billion structured credit hedge fund, is using an integrated trading, portfolio management and operating platform from Broadridge Financial Solutions to support a single platform for trading, according to Broadridge. “An established structured credit fund like ours, with a two-decade… Read More >>
