Financial institutions across the globe will spend $127 billion on financial technology this year although surprisingly only $6 billion will be slated toward regulation and compliance, according to a new report, “FinTech Spending and Innovation in Capital Markets on IT,” published by consultancy Opimas. Axel Pierron, co-founder and managing director of Opimas and co-author of… Read More >>
NEX Optimisation Fills Top Sales Post for ENSO
NEX Optimisation Sales Head to Expand Partnership NEX Optimisation, which characterizes itself as a transaction lifecycle specialist, reports that Paul Busby has been named global head of sales for New York-headquartered ENSO Financial Analytics, its “portfolio finance and centralized treasury management” software tools for the buy-side. He will be responsible for “expanding sales and strategic… Read More >>
RegTek Launches EMIR-Focused Reporting Service
The push to be ready for the next phase of the Markets in Financial Instruments Directive (MiFID II) reforms is not the only European regulatory initiative that global firms have to worry about. On November 1, firms face a deadline to comply with the revised reporting specifications (RTS) required by the European Securities and Markets… Read More >>