Financial Technologies Forum (FTF) and FTF News are pleased to announce the nominees for the 2022 FTF News Technology Innovation Awards competition. The variety and high volume of nominations are clear signs that fintech achievement is alive and kicking amid the challenges of a global pandemic, volatile markets, and a steady flow of game-changers such… Read More >>
Voting for the FTF Awards Starts March 14
We are very close to officially announcing the nominees for the highly competitive FTF News Technology Innovation Awards 2022, which means that the most important step is next — industry voters picking the winners. Unless there are extenuating circumstances, the voting process will begin on March 14 and end on April 22. The FTF Awards,… Read More >>
IHS Markit Links Corporate Actions to Class Actions
IHS Markit and Financial Recovery Technologies (FRT) have launched a partnership that will help IHS Markit clients use FRT’s class action recovery services for securities litigation and, conversely, introduce FRT clients to the corporate actions data and processing capabilities of IHS. The partnership fits in with a key mission of IHS – that of greater… Read More >>
Liquidnet Targets Corporate Bonds & Other Briefs
Liquidnet Offers a Direct Link to Syndicate Banks Agency broker Liquidnet is focusing on the issuance process for corporate bonds via a new feature that aims to bring straight through processing to the front-to-middle office workflow. The new function of the Liquidnet Primary Markets service helps investors communicate directly with syndicate banks via their… Read More >>
Deutsche Bank Shifts Prime Services to BNPP & More News Briefs
BNP Paribas Takes On 900 Staff Members BNP Paribas and Deutsche Bank officials report that they completed by the end of last year the “transfer of clients, technology and key staff from Deutsche Bank’s global prime finance and electronic equities businesses to BNP Paribas,” which was according to the agreed-upon timeline. “Over the course of… Read More >>
Get Ready for the FTF Awards 2022
Get your nominations ready for the highly competitive FTF News Technology Innovation Awards 2022 — now in its 12th year — presented by Financial Technologies Forum and the FTF News service. Since 2011, FTF has celebrated and recognized the professionals, financial technology vendors, service providers, industry bodies, regulators, and other industry participants that have made… Read More >>
Senate Makes Behnam the New CFTC Chairman
Lost in the tsunami of federal government budget battle news is the welcome development that the Commodity Futures Trading Commission (CFTC) has a new, official chairman — Rostin “Russ” Behnam, and that the stage has been set for a full roster of commissioners. On Dec. 16, the U.S. Senate voted unanimously to approve Rostin Behnam… Read More >>
ISITC Promotes Vice Chair to Top Post
Industry standards trade group ISITC has named Kristin Hochstein, the current vice chair, to be its new chair for the 2022-23 term, and she will take over for Lisa Iagatta, who will finish her three-year term as chair by the end of this month. The group, which develops standards and best practices for financial services… Read More >>
LCH Approved for Portfolio Margining of Swaps
CFTC Also Permits Security-Based Swaps Margining The Commodity Futures Trading Commission (CFTC) has approved a request by Banque Centrale de Compensation, doing business as LCH SA, to provide portfolio margining of swaps and security-based swaps in a cleared swaps customer account, officials say. “The order establishes terms and conditions under which LCH SA and its clearing members… Read More >>
tZero’s ATS to Offer Clearing & Settlement
FINRA Gives tZero ATS the Green Light The tZero ATS, an alternative trading system/broker-dealer subsidiary of blockchain technology vendor tZero, reports that it has achieved what it says is a milestone development — the approval to offer settlement and clearing services for securities transactions for itself and its broker-dealer affiliates, officials say. The Financial… Read More >>