Electra and Linedata to Create Recs Interface Investment management software vendor Linedata and reconciliation services provider Electra Information Systems have announced that they are creating an interface between two key platforms. The new link will provide Linedata Mfact fund accounting users with support for Electra’s Reconciliation, offering capabilities for reconciling system-to-system, net asset value… Read More >>
Actiance & Hootsuite Sign Social Media Compliance Pact
Vendors to Target Global Compliance for Social Media Actiance, a digital compliance, archiving, and analytics vendor, has signed a global partnership with Hootsuite, a social media management platform provider, to offer a comprehensive compliance solution for financial services firms. The partnership will combine Hootsuite’s platform with Actiance’s Socialite offering for compliance across public social… Read More >>
Broadridge Applies Blockchain/DLT to Proxy Process
JPMorgan, Northern Trust & Banco Santander Aid Broadridge Pilot This is the season for blockchain/distributed ledger technology pilots as Broadridge Financial Solutions, JPMorgan, Northern Trust and Banco Santander have announced that they been working on a pilot test project that uses blockchain technology to improve “global proxy vote transparency and analytics,” officials say. The… Read More >>
Broadridge Names Chief Commercial Diversity Officer
Broadridge Creates Senior Position to Advance Diversity Broadridge Financial Solutions reports that Frieda Lewis has been named managing director, chief commercial diversity officer. In 2008, Lewis joined Broadridge, a provider of investor communications and technology-driven solutions for banks, broker-dealers, mutual funds and corporate issuers, as managing director, global relationship management. “She is credited with launching… Read More >>
Bank of England Blesses ICE Clear Europe as a CCP via EMIR
ESMA Also Blesses ICE Clear Europe The Bank of England (BofE) has just updated its list of U.K. authorized central counterparty clearinghouses (CCPs) to include the authorization of ICE Clear Europe Ltd., officials say. Part of the Intercontinental Exchange, Inc., ICE Clear Europe provides central counterparty clearing and risk management services for interest rate, equity… Read More >>
FINRA Appoints a New President-CEO
New FINRA Exec from Cleary Gottlieb Steen & Hamilton The Financial Industry Regulatory Authority (FINRA) reports that its board has named Robert W. Cook as its president and chief executive officer, “effective the second half of 2016.” He succeeds Richard G. Ketchum, chairman and CEO since 2009. Cook joins from Cleary Gottlieb Steen & Hamilton… Read More >>
LCH Launches a Spider for Swaps Portfolio Margining
LCH Spider to Help with OTC and Listed Derivatives Clearinghouse LCH has launched its “LCH Spider” service, described as a portfolio margining tool for over-the-counter (OTC) and listed interest rate derivatives, for members and clients using LCH’s SwapClear and Listed Rates offerings, officials say. “LCH Spider is a fully automated service that analyses member and… Read More >>
Broadridge Adds Fourth Senior Manager from Asset Control
Broadridge Hires for Data Management Experience Lake Success, N.Y.-based Broadridge Financial Services reports that it has added four former Asset Control executives, all of whom have extensive experience with data management software. Robert Revesz has been named senior director, with a focus on reference data client services and implementations, Broadridge says, noting that he joins… Read More >>
Speakerbus Partners with Westcon for EMEA Distribution
Speakerbus Expects Deal to Boost Growth Speakerbus, a specialist provider of voice solutions, has signed an agreement with Westcon Group, a distributor of products and professional services for converged telecommunications solutions, to distribute Speakerbus’ offerings in the EMEA region, say Speakerbus officials. The partnership is expected to help Speakerbus grow. Speakerbus offers “advanced telephony, hoot… Read More >>
Broadridge, Accenture and PwC Join Forces with Digital Asset
Blockchain startup Digital Asset Holdings has signed non-exclusive strategic business relationships with IT consultancy Accenture, financial technology vendor Broadridge and auditor and professional services provider PwC to hasten the progress of Digital Asset’s distributed ledger solutions to come, which will target financial services firms. Digital Asset has already been working with Accenture, Broadridge and PwC,… Read More >>
