Financial Technologies Forum (FTF), owner of FTF News, has just announced the winners of the 2016 FTF News Technology Innovation Awards, noting that it had a record-breaking response with approximately 27,000 votes cast for 25 awards categories. Except for the Editor’s Choice award, the nominees and ultimate winners of the awards are selected by FTF… Read More >>
Gresham Rethinks the Cloud as Broadridge Gets Local
Third-party vendors Gresham Computing and Broadridge Financial Solutions are launching new offerings, timed for SWIFT’s Sibos gathering in Singapore this week. Gresham has done “a rethink” for its cloud-based Clareti Transaction Control (CTC) offering, and Broadridge is expanding its proxy processing services. Rethinking the Cloud In many ways, Gresham’s new Clareti-as-a-Service offering, is a relaunch…. Read More >>
Recs Rivals Duco and Gresham Computing Make Forays into North America
Duco Establishes U.S. Subsidiary, Opens First North American Office in New York and Appoints a Chief Revenue Officer Duco, a London-based fintech provider of hosted reconciliation services, reports that it has established a U.S. subsidiary, Duco Technology, Inc., and opened its first North American office, in midtown Manhattan. In addition, Duco’s first New York-based hire,… Read More >>
ETX Capital to Use Gresham for Recs Support
Gresham Computing, a provider of transaction control solutions, reports that ETX Capital (ETX) is employing Gresham’s Clareti Transaction Control (CTC). ETX, a spread-betting, leveraged-foreign exchange and contract-for-differences (CFD) trading company, will be using CTC initially to automate the reconciliation of its general ledger cash movements for client trade activity, card transactions and mobile payments, according… Read More >>
Macquarie Futures to Use Cloud-Based Recs
Macquarie Futures, a futures commission merchant of Australian financial services firm Macquarie Group, will be deploying a reconciliation system from Gresham Computing, the Clareti Transaction Control (CTC) solution via an Amazon Web Services (AWS) public cloud computing deployment, officials say. The Amazon cloud will deliver the automated reconciliation and exception management services of CTC to… Read More >>
CMC Markets to use Gresham’s Clareti
Gresham Computing reports that CMC Markets, a provider of financial spread betting and contract for difference (CFD) trading, is implementing its Clareti transaction control solution, to automate the reconciliation of cash movements across its operations. Gresham’s solution is being deployed across CMC’s nostro reconciliation teams in the UK and Australia, according to a Gresham statement…. Read More >>
SWIFT Acquires Crime Fighters as Newedge Fills Execution Post
SWIFT Acquires Omnicision, Adds Financial Crime Team A new group of financial crime fighters has joined the SWIFT financial messaging and services consortium via the acquisition of Omnicision, the UK-based provider of financial crime prevention services and solutions. The new crime fighters from Omnicision bring specialist skills in such areas as sanctions, anti-money laundering rules… 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 >>
John Bates Takes on Big Data for Software AG as Liquid Holdings Grows Sales Team
John Bates Takes on CTO Post for Big Data at Software AG Software AG has appointed Dr. John Bates to the position of chief technology officer (CTO) for the Intelligent Business Operations and Big Data division, officials confirm. Bates who assumed his new post in July will also serve as a member of the group… Read More >>
Bracing for the Feds
Financial services firms should automate and speed up operations, fill risk management gaps, and customize compliance training to help themselves detect early signs of insider trading and massive trading errors especially in the wake of reinvigorated U.S. federal prosecutors and regulators, epitomized by the plea agreement announced yesterday against SAC Capital Advisers and other hedge… Read More >>
