Schroders Takes Minority Stake in Forteus Invesment management giant Schroders is investing in Forteus, an asset manager with a focus on blockchain technology and digital assets. Schroders officials say that they will develop next-generation investment solutions via the new arrangement. Forteus is the asset management arm of the Numeus Group, a diversified digital asset… Read More >>
SS&C’s Asset Allocator Platform Launches & Other News
SS&C Uses FundHub for New Platform Post-trade systems and software vendor SS&C Technologies reports that it has launched the Asset Allocator Platform, based on FundHub, to provide a holistic view of portfolio holdings, a fund document repository, and performance analysis features. SS&C GlobeOp describes FundHub as “a web-based tool for building and managing alternative investment… Read More >>
Canadian Firm to Use SimCorp & Other News
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 >>
Ex-SWIFT CEO Campos Joins PPRO & Other News
PPRO Appoints Campos as Independent Chairman Former SWIFT CEO Lázaro Campos was appointed the first independent board chairman for PPRO on April 25, according to the provider of digital payments infrastructure technology. SWIFT provides global financial messaging software, services, and systems. Campos was appointed to the board “to strengthen … governance in the next phase… 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 >>
State Pensions Face Anti-ESG Backlash
Now that Earth Day has come and gone again, it might be an appropriate time to consider the right-wing conservative backlash against public pension funds and their ESG investing. “ESG,” as FTF News readers know, stands for “Environmental, Social, and Governance.” ESG is meant to ensure that boardrooms and shareholders consider factors beyond simple fluctuations… 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 >>
Deutsche Bank Securities Settles Best Execution Case for $2M
FINRA, the self-regulatory organization (SRO) for broker-dealers, has hit Deutsche Bank Securities with a $2 million fine. The reason: FINRA alleges that Deutsche Bank Securities did not provide its customers with the supervisory “best execution” that FINRA’s rule 5310 calls for. Industry veterans will tell you that there was a time when regulators would have… Read More >>
FTF Unveils Nominees for the 2022 FTF Awards!
Financial Technologies Forum (FTF) and FTF News are pleased to announce the nominees for the 2022 FTF News Technology Innovation Awards competition. The variety and high volume of nominations are clear signs that fintech achievement is alive and kicking amid the challenges of a global pandemic, volatile markets, and a steady flow of game-changers such… Read More >>
Voting for the FTF Awards Starts March 14
We are very close to officially announcing the nominees for the highly competitive FTF News Technology Innovation Awards 2022, which means that the most important step is next — industry voters picking the winners. Unless there are extenuating circumstances, the voting process will begin on March 14 and end on April 22. The FTF Awards,… Read More >>
