CFTC Appointee Has 20 Years of Diversity Experience Tanisha Cole Edmonds has been appointed the CFTC’s first chief diversity officer and has been tasked with helping the agency advance diversity, equity, inclusion, and accessibility (DEIA) at all levels, officials say. Edmonds, who reports to Rostin Behnam, chairman of the CFTC, will oversee the Office of… Read More >>
LexisNexis Risk Solutions Buys Crime Detection Vendor
TruNarrative to Join LexisNexis Risk Solutions TruNarrative, a provider of cloud-based detection services for financial crime prevention, is being acquired by LexisNexis Risk Solutions, U.K. Ltd., which is part of RELX, officials say. TruNarrative, which will be added to the LexisNexis business services group, focuses on “the entire financial crime lifecycle within a single, unified… Read More >>
JPMorgan Asset Management Buys Campbell Global
JPMorgan Asset Management Boosts ESG Offerings JPMorgan Asset Management has acquired Campbell Global, described as “a forest management and timberland investing company,” as a way of facilitating transitions to a low-carbon economy and opportunities for those investors that want to support environmental, social, and governance (ESG) concerns, officials say. JPMorgan officials declined to disclose the… Read More >>
Deutsche Bank Sells Postbank Systems to TCS
Sale Underscores Deutsche Bank’s Transformation Deutsche Bank is selling Postbank Systems AG to outsourcing giant Tata Consultancy Services (TCS), a key milestone in the bank’s efforts to streamline operations and transform itself. “Under the terms of the transaction, TCS will acquire 100 percent of the shares of Postbank Systems AG from Deutsche Bank AG,” according… Read More >>
‘Numerix is drawn to the qualified employees of Ireland’
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, is expanding into Ireland and plans to open an office there and over the next three years to hire approximately 30 people with backgrounds in financial engineering and analytics development and legal and accounting professionals. The move will be made with the support… Read More >>