Q: What SWIFT-related product trends have you seen among your clients for this year? A: Connectivity: Banks and corporations continue to grapple with the best way to achieve interbank connections and apply the transaction-related applications they need to increase operational efficiency and reduce the risk related to sending and receiving financial messages. Compliance and anti-money-laundering:… Read More >>
SIBOS 2014: Broadridge, Fiserv and Fundtech Unveil Upgrades
Broadridge Financial Solutions and Fiserv have updated their reconciliation offerings while Fundtech has improved its user interface for its Global PAYplus service – all of which will be on display at the SIBOS 2014 Boston conference, put on by financial messaging and services cooperative SWIFT. The event gets underway at the Boston Convention & Exhibition… Read More >>
Fundtech Opens New HQ in NYC
Fundtech, a supplier of transaction solutions to banks and other corporations, has opened its new corporate headquarters, located in lower Manhattan’s financial district. The space is twice the size of Fundtech’s former headquarters, the company reports, and “features ample meeting space and a state-of-the-art, in-house classroom to provide customers with product training. The office will… Read More >>
Beeston Leaves ICAP as Misys Fills MEA Post
Mark Beeston Leaves ICAP to Launch Start-Up Mark Beeston has confirmed that he has left his position as CEO of the Post Trade Risk and Information division of interdealer broker ICAP last month and has founded Illuminate Financial Management. Beeston will serve as CEO of the new company, which has just launched. Illuminate Financial Management… Read More >>
Former MF Global SVP Joins RJO as Gresham Launches NYC Office
Ex-MF Global SVP to be R.J. O’Brien’s MD for New York Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has appointed Kevin J. Hall, a former senior vice president at MF Global, as managing director, sales and head of the firm’s New York office, officials say. Hall, who has more than three… Read More >>
Citi Sets Up a Co-Presidency as HKEx Revamps Top Management
Citi’s CEO to Work with Co-Presidents Citigroup’s CEO Michael Corbat says he has appointed Jamie Forese and Manuel Medina-Mora as co-presidents of the bank to provide continuity as Citi aims for operational excellence and bottom-line results for its clients and stakeholders. The executive appointments follow Vikram Pandit’s exit this past October from his post as… Read More >>
Sibos Osaka Update
In an attempt to bring more automation to post trade operations, global financial messaging provider SWIFT has tapped reconciliation solutions vendor SmartStream Technologies to develop a cloud-based version of the SWIFT confirmation matching platform, dubbed Accord, say officials at the Sibos 2012 conference underway in Osaka, Japan. The SWIFT event is at the INTEX center… Read More >>
