(FTF News recently reached out to Madeleine Dassule, partner and co-head, technology, at Wellington Management. Dassule has joined the Fintech Open Source Foundation (FINOS) board of directors, a move that coincided with Wellington joining the nonprofit organization. FINOS is a proponent of open source technology, open standards, and collaborative efforts among software development groups in… Read More >>
How to Navigate Inflation, a Pandemic & War: Q&A
(Trading and risk management teams at global securities firms are facing a perfect storm of rising inflation, the ripple effects of the pandemic, and the Russian invasion of Ukraine. Gil Guillaumey, head of strategy — capital markets at Adenza, recently answered questions from FTF News about these concerns and about the best ways forward amid… Read More >>
FTF Reveals the Winners of the 2022 FTF Awards
Financial Technologies Forum (FTF) is pleased to announce the winners of the 2022 FTF News Technology Innovation Awards competition and to confirm that there will be an in-person gala event later this year to celebrate the industry’s achievements in operational excellence. “I think it’s safe to say that it’s been a long two years. During… Read More >>
BNY Mellon & Aon Form ESG Alliance & Other News
BNY & Aon to Focus on ESG Data & Analytics The Bank of New York Mellon Corp. (BNY Mellon) and Aon are partnering to focus on the environmental, social, and governance (ESG) needs of clients by combining their respective ESG data and analytics capabilities and unique data sets, officials say. The data and digital collaboration… Read More >>
‘Cowen Digital’ Launches & Other News Briefs
Cowen Division Focuses on Digital Asset Custody Cowen Inc. has officially launched the Cowen Digital division to provide a platform for trade execution and custody solutions that support digital assets traded by institutional clients, officials say. The new division, based in Stamford, Conn., offers custody solutions via Cowen’s partnership with PolySign’s Standard Custody & Trust,… Read More >>
First OTC Crypto Trade for Goldman Sachs & Other Briefs
Goldman Sachs Completes a Bitcoin NDO Trade Goldman Sachs and Galaxy Digital Holdings Ltd. have executed the investment bank’s first over-the-counter (OTC) cryptocurrency transaction in “the form of a Bitcoin non-deliverable option (NDO),” officials say. Galaxy, which is a global provider of blockchain and cryptocurrency financial services for institutions, reports that the transaction “marks the… Read More >>
BNP Paribas to Add 1,000 More Women in IT
On International Women’s Rights Day, March 8, a banking giant made a surprising announcement, and challenged itself to do better: “The BNP Paribas Group has set itself an ambitious target: to have 1,000 more women in our IT professions by the end of 2024, through both internal and external recruitment.” While the Women’s Rights Day… Read More >>
SS&C Applies A.I. to Fund Administration & Other News Briefs
SS&C GoCentral Uses A.I. & BPR SS&C Technologies has launched a fund administration platform, dubbed GoCentral, that uses artificial intelligence (A.I.) to facilitate a unified platform for accessing information and systems, officials say. In addition to A.I., the web platform leverages business process re-engineering (BPR) “in an exception management-based approach to optimize front, middle and… Read More >>
Post-LIBOR Shifts Need a Strategy: Q&A
(With LIBOR for new contracts ending Dec. 31, 2021, and LIBOR’s usage finally over as of June 30, 2023, a new era for risk-free reference rates is underway. Financial services firms are transitioning to replacements such as the Secured Overnight Financing Rate (SOFR), and they are grappling with the post-LIBOR impacts upon their trading, risk,… Read More >>
Coinbase Hires Goldman Sachs Ops Vet & Other News
Roger Bartlett Joins Coinbase Cryptocurrency exchange platform operator Coinbase Global, Inc. has hired a Goldman Sachs securities operations veteran Roger Bartlett to be its next vice president, global head of financial operations, according to media reports and Bartlett’s LinkedIn page. Coinbase has also made clear that it wants to expand its employee roster by 2,000… Read More >>
