The U.K. branch of auditor and accounting firm KPMG is partnering with financial crime, risk and compliance solutions provider Exiger in a bid to streamline regulatory efforts for financial services clients, including sanctions against rogue nations, firms and individuals. KPMG officials say that the exclusive collaboration will involve Exiger’s artificial intelligence (AI) technology and the… Read More >>
ICE Clear Credit Hits $1B Mark for Single CDS
The Intercontinental Exchange (ICE), owner of the New York Stock Exchange, other exchanges and clearinghouses, announced that ICE Clear Credit has surpassed $100 billion year to date in gross notional cleared for client accounts for single name credit default swaps (CDS), officials say. This marks a 200 percent increase over 2015. The ICE Clear Credit… Read More >>