Suddenly, we’re heading into the Fourth of July holiday. Independence Day marks the end of the first half of a year that has been marked by ongoing technology disruptions, volatile markets, dramatic geopolitical situations, a flurry of mergers and acquisitions, a crypto currency craze, and a strong sense that while new regulation has not ceased,… Read More >>
IHS Markit Debuts Vendor Management Service
New Portal Works with IHS Markit’s KY3P Data and analytics vendor IHS Markit has launched the Vendor Management Portal (VMP), a solution to help end-user firms with support for vendor risk-tiering and vendor management workflow, officials say The effort combines VMP with the vendor’s KY3P due diligence service to offer a system to “centralize the… Read More >>
Broadridge Partners with StatPro for Performance Analytics
Broadridge Clients to Get Access to StatPro’s Cloud Post-trade systems and services provider Broadridge Financial Solutions reports a new strategic partnership with StatPro Group, a provider of cloud-based portfolio analytics and asset pricing services for the asset management industry. This partnership enhances the existing Broadridge performance reporting platform, which allows clients to receive customized daily… Read More >>
CME Launches Ether-Dollar Reference Rate & Index
Crypto Facilities to Provide Calculations for New Services CME Group, the derivatives marketplace, and Crypto Facilities Ltd, a cryptocurrency trading platform, report the launch of the CME CF Ether-Dollar Reference Rate, which will provide a daily benchmark price in U.S. dollars at 4 pm London time, and CME CF Ether-Dollar Real Time Index, which will… Read More >>
Steve Goswell to Receive ISITC Excellence Award
Goswell to Be Honored on March 19 ISITC is honoring industry veteran Steve Goswell, currently vice president of Bank of the West, with the ISITC Standard of Excellence Award at the industry standards group’s 24th Annual Securities Operations Summit in Boston next week. Goswell, who will receive his award on Monday, March 19, was picked… Read More >>
CFTC & U.K.’s FCA Join Forces on FinTech Push
CFTC and FCA Sign Agreement to Collaborate The U.S. CFTC and the U.K.’s Financial Conduct Authority (FCA) report the signing of an agreement that “commits the regulators to collaborating and supporting innovative firms through each other’s fintech initiatives” — LabCFTC in the U.S. and FCA Innovate in Great Britain. The heads of both regulators saluted… Read More >>
Thomson Reuters Supports Finastra Innovation Platform
Finastra Reaches Out to FinTech Newcomers Finastra is adding Efficiency MC, Conpend and BankBI to its FusionFabric.cloud open architecture, officials announced at the company’s recent regional thought leadership event, Finastra Universe Paris. The vendor, formed from the combination of Misys and D&H, also announced that Thomson Reuters is joining Finastra’s circle as a data… Read More >>
WFE Advocates for Standards to Govern FinTech
The World Federation of Exchanges (WFE) is urging global authorities to draft new “rules, standards and guidelines” to govern fintech providers serving the securities industry, to facilitate “resilient, stable and robust” markets with level playing fields. The paper from the WFE, which represents including exchanges and CCPs, covers seven key areas and argues for corresponding… Read More >>
R3 Lines Up 60+ Vendors for Corda Platform
FinTech & Service Providers Among R3’s Stable of Vendors The blockchain/distributed ledger technology (DLT) revolution is hitting milestones and software vendor R3 has just announced that more than 60 technology companies from multiple industries and regions have joined the Corda partner network, which supports the Corda platform. Corda is an open source, “blockchain-inspired” DLT platform… Read More >>
Opus Launches GDPR Compliance Solution
Opus Targets GDPR Third-Party Requirements Opus, a vendor of compliance and risk management solutions, has launched the Third Party GDPR Compliance solution, created to “identify and manage General Data Protection Regulation (GDPR) risk in third-party relationships,” officials say. “The European Union’s General Data Protection Regulation, which comes into force on May 25, 2018, is a… Read More >>