StonePine Signs Up for SimCorp’s Centralization A relatively new Canadian firm, StonePine Asset Management reports that it will be using an investment platform and services from vendor SimCorp to jumpstart its growth. The new agreement will mean that SimCorp’s Software as a Service (Saas) investment management solutions will run the asset manager’s front-to-back office… Read More >>
Germany’s LPA Plans U.S. Expansion & Other News
Germany’s LPA Plans U.S. Expansion LPA, the capital markets technology and advisory firm headquartered in Frankfurt am Main, Germany, with offices in a dozen cities around the world, reports a United States expansion plan. The plan calls for a new office in New York City and the appointment of Serge Malka as the firm’s U.S…. 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 >>
U.K. Authorities Push for Post-Trade Ops Overhauls
An influential U.K.-based task force focused on post-trade operations has issued a report calling for major changes in three “core areas:” non-economic trade data, client onboarding, and uncleared margin management. In addition, a key U.K. authority, the Fixed Income, Currencies and Commodities Markets Standards Board (FMSB), has promised to act on the recommendations. The FMSB… Read More >>
Senate Confirms ‘Most Diverse’ CFTC Ever
The U.S. Senate has confirmed a new slate of commissioners for the CFTC and they will write the next chapter for the regulatory agency now led by Chairman Rostin Behnam, who notes that “the CFTC has the most diverse set of commissioners in the agency’s history.” U.S. Senators Debbie Stabenow (D-Mich.), chairwoman of the U.S…. Read More >>
NY AG, Regulators Charge Safeguard Metals with Fraud
New York Attorney General Letitia James has filed suit against Safeguard Metals LLC, a precious metals company, and its owner and manager, Jeffrey S. Santulan, alleging that they defrauded investors, including many seniors, across New York and the United States. The lawsuit, originally filed by the U.S. Commodity Futures Trading Commission and a bipartisan coalition… Read More >>
Dash Overhauls Its OMS & Other FinTech News
OMS Update Also Links to Dash ATS Dash Financial Technologies, an options technology and execution vendor, is launching a redesigned version of its order management system (OMS) for options trading that provides access to all routing and algorithmic execution tools such as the Sensor suite, the Dash Alternative Trading System (ATS), and an integrated volatility… Read More >>
CFTC’s First Chief Diversity Officer & More Briefs
CFTC Appointee Has 20 Years of Diversity Experience Tanisha Cole Edmonds has been appointed the CFTC’s first chief diversity officer and has been tasked with helping the agency advance diversity, equity, inclusion, and accessibility (DEIA) at all levels, officials say. Edmonds, who reports to Rostin Behnam, chairman of the CFTC, will oversee the Office of… Read More >>
Get Ready for the FTF Awards 2022
Get your nominations ready for the highly competitive FTF News Technology Innovation Awards 2022 — now in its 12th year — presented by Financial Technologies Forum and the FTF News service. Since 2011, FTF has celebrated and recognized the professionals, financial technology vendors, service providers, industry bodies, regulators, and other industry participants that have made… Read More >>
FinCEN Wants Better AML Regs for the U.S.
FinCEN Wants to Improve AML/CFT Regs The Financial Crimes Enforcement Network, the bureau of the United States Department of the Treasury better known as FinCEN, has issued a request for information that asks for comments on “ways to streamline, modernize, and update the anti-money laundering and countering the financing of terrorism (AML/CFT) regime of the… Read More >>
