German Bank Uses CloudBees Germany’s second-largest bank, DZ Bank has revamped the software development and operations environments that support its trading floor via the offerings of London-based vendor CloudBees, Inc., officials say. The bank is using continuous integration (CI) and continuous delivery (CD) support systems from CloudBees for “the single most important application within the… Read More >>
BrokerTec & triResolve Push to Advance Repo Automation
Fixed income electronic trading platform BrokerTec has joined forces with derivatives infrastructure services vendor TriOptima to offer more automation across the mostly manual lifecycle of a repo trade, officials say. The intention is to improve the repo trade workflow, Raf Pritchard, head of triResolve at CME Group, tells FTF News. The triResolve group is part… Read More >>
CFTC Launches NYC-based FinTech Lab
CFTC Wants to Jolt FinTech Innovation U.S. regulator, the CFTC has created a financial technology laboratory, LabCFTC, intended to promote innovation to improve “the quality, resiliency, and competitiveness of the markets the CFTC oversees,” officials say. LabCFTC, which will be located in New York, also exists to “accelerate CFTC engagement with FinTech and RegTech solutions… Read More >>
BrokerTec Europe Acquires Italian CLOB Platform
BrokerTec Takes Majority Stake in e-MID Officials at BrokerTec Europe, NEX Group’s global electronic fixed income trading platform, say the firm is acquiring a majority stake in e-MID SIM SpA (e-MID), acquiring the Italian electronic central limit order book (CLOB) platform for interbank deposits and overnight indexed swaps (OIS). The acquisition, which was just approved… Read More >>
Deutsche Bank Hires from Goldman Sachs for Head of New CIB Group
Deutsche Bank Appoints Head of Corporate & Investment Banking for EMEA Deutsche Bank reports that Alasdair Warren from Goldman Sachs has been named head of corporate and investment banking (CIB) in Europe, the Middle East and Africa (EMEA), effective spring 2016. CIB itself will be created by combining the corporate finance business in corporate banking… Read More >>
Tullett Prebon-ICAP Deal to Impact Post-Trade Services
Interdealer broker ICAP is selling its brokering business and more to Tullett Prebon in an arrangement that both companies say will lead to $91 million in savings and streamlined support for post-trade services, transaction processing and trading data offerings. The move is seen as a response to challenging times for interdealer brokers who face a… Read More >>
EBS and BrokerTec Make Strides in Merging Businesses
EBS BrokerTec, interdealer-broker ICAP’s electronic foreign exchange and fixed income business, has announced that it’s made significant strides in combining the businesses of EBS and BrokerTec since they merged divisions six months ago, officials say. EBS BrokerTec has combined its sales, support and on-boarding teams, allowing “the business to leverage its scale and reach more… Read More >>
ICAP Merges EBS and BrokerTec Businesses
ICAP, an interdealer broker and provider of post-trade services, will be combining EBS, its FX electronic trading platform, with BrokerTec, its fixed income platform, officials say. The new platform will be known as EBS-BrokerTec and will allow ICAP “to leverage BrokerTec’s market leading platform, client relationships and strong team” with “EBS’s technology and innovation pipeline”… Read More >>
