‘Commission-Management-As-A-Service’ Debuts Commcise, a provider of integrated commission management, research evaluation, consumption tracking and reporting solutions for investment management and brokerage firms, reports the launch of CommciseCM, a stand-alone, cloud-based commission management platform designed to help U.S. asset managers and hedge funds obtain a “full commission wallet view of their entire trading activity.” CommciseCM, majority-owned… Read More >>
ICE Buys TMC Bonds for $685 Million
ICE to Offer TMC’s Services Alongside Its Own The Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), will be expanding its electronic trading offerings for fixed income liquidity via its $685 million acquisition of TMC Bonds, ICE officials say. The cash transaction will close during the second half of 2018, “subject to… Read More >>
Thomson Reuters & NRI Expand Reach of BETA Platform
BETA Platform Gets Automated Settlement & STP via Partnership Market data, news and systems provider Thomson Reuters has added international post-trade processing for multi-market and multi-currency securities to its North American wealth management brokerage processing platform, BETA, via the I-STAR/GX platform from Nomura Research Institute (NRI), a system solutions vendor and consultancy. The BETA expansion… Read More >>
AxiomSL Hires from DTCC to Fill APAC Post
AxiomSL, a regulatory reporting, data and risk management solutions vendor, has hired Peter Tierney away from the DTCC to be CEO of AxiomSL’s Asia Pacific (APAC) región, AxiomSL officials say. Tierney joined the DTCC in 2013 as regional head of Asia, DTCC Deriv/Serv, the over-the-counter (OTC) trade reporting initiative, officials say. Based in Singapore, Tierney,… Read More >>
ICE Promotes to Fill Senior Management Posts
ICE Promotes Senior Managers Intercontinental Exchange, Inc. (ICE), the operator of clearinghouses, data services and such exchanges as the New York Stock Exchange, reports the following senior management moves: Ben Jackson, president and chief operating officer (COO) of ICE Futures U.S., has been named to the newly created post of ICE chief commercial officer, where… Read More >>
