Corporate actions processing vendor Information Mosaic, part of IHS Markit, has just announced that it is launching IMActions for Investment Banking to target the internally developed systems and manual processes of global investment banks. The new solution has been created to manage “the entire corporate actions lifecycle from announcement capture and validation to downstream processing,”… Read More >>
Markit to Merge with IHS to Create $13B Behemoth
IHS, a provider of information and analytics to corporate America, and Markit, a market data and trading solutions vendor based in the U.K., have signed a definitive agreement that will combine the two in an all-share merger of equals to create an $13 billion provider of market data, analytics and solutions, say officials from both… Read More >>
Markit Hopes to Close DealHub Acquisition This Quarter
In a bid to offer comprehensive foreign exchange (FX) solutions, Markit, a vendor of financial information and processing services, reports an agreement for it to acquire DealHub, a provider of trade processing and trading services for FX markets. The acquisition is expected to close in the third quarter of the year, according to a Markit… Read More >>
CEO, CFO Exit as Markit Completes Information Mosaic Acquisition
Two executives will be leaving Information Mosaic as Markit completes its acquisition of the corporate actions and post-trade securities processing vendor. “It’s our intention to transition all employees with the exception of Ulrich Kunz, chairman and chief executive officer and Anina Janacek, chief financial officer. Both will be stepping down to resume their consulting roles,”… Read More >>
Information Mosaic: ‘15022 Adoption Wave Has Passed’
Q: What SWIFT-related product trends have you seen among your clients for this year? A: The ISO 15022 adoption wave has passed. The flaws, particularly the non-extendibility and inability to capture all the relevant information in a structured format, are well-recognized by the industry. A new trend in Asia-Pacific saw a major exchange implement a… Read More >>
SVP Takes Over at Fidelity ActionsXchange as Advent Sales Exec Joins DealVector
SVP Advances to Head of Fidelity ActionsXchange Will Dolan has moved from his post as senior vice president, brokerage products for Fidelity Institutional, to head Fidelity ActionsXchange, which offers solutions for global corporate actions and related market events, officials say. Fidelity Institutional is the clearing, custody and investment management products division of Fidelity Investments. Since… Read More >>
Founder and CEO of Information Mosaic Steps Down as ConvergeX Picks a CIO
John Byrne Steps Down as CEO of Information Mosaic The founder of Information Mosaic John Byrne has stepped down from the post of CEO for the post-trade services provider in order to make way for a new CEO, confirms Gerard Bermingham, senior vice president, business strategy for Information Mosaic.John Byrne,former CEO,Information MosaicByrne, who has served… Read More >>
Marianne Brown to continue as head of Omgeo as the DTCC buys out Thomson Reuters
Marianne Brown will stay on as president of Omgeo as the DTCC buys out Thomson Reuters Marianne Brown will continue to serve as president and CEO for Omgeo as the DTCC begins its acquisition of the other half of the post-trade services provider from market data and news giant Thomson Reuters, ending a 50-50 partnership… Read More >>
Former Logica CFO Joins Misys as Spot Trading Shuffles Execs
Misys Hires CFO from Logica Misys, a provider of banking, treasury, trading and risk solutions, has hired the former chief financial officer (CFO) for Logica, Himanshu Raja, to be its CFO as Misys readies itself for growth, officials say. At Logica, Raja led the sale process that resulted in CGI of Canada acquiring Logica for… Read More >>
Information Mosaic Picks a New Chairman as Tim Ryan Gets Ready to Leave SIFMA
Former Swiss Bank Exec to Serve as Information Mosaic Chairman Post-trade software vendor Information Mosaic has named Ulrich F. Kunz as its non-executive chairman, a former senior executive with the former Swiss Bank Corp. (acquired by UBS), officials say. Effective immediately, Kunz replaces Carl Sundvik who has retired from the chairman’s post. Kunz will help… Read More >>
