Apex Hoping SaaS Solution Will Help Growth Fund administrator Apex Group Ltd., touted as the world’s fifth largest fund administrator, has signed on to use GoldenSource’s its centralized pricing and reference data services, officials say. Apex will use GoldenSource’s enterprise data management (EDM) software-as-a-service (SaaS) solution to improve operating and cost efficiencies “through the standardization… Read More >>
Standard Chartered Pays $40M Fine via FX Case
The New York Department of Financial Services (DFS) has fined Standard Chartered Bank $40 million for attempting, in the period between 2007 and 2013, to “rig transactions in foreign exchange [FX] markets.” Under the consent order with DFS (the last in a series of consent orders that, DFS says, “follow a detailed investigation of manipulation… Read More >>