The London-based cross-border bank Standard Chartered and interdealer TP ICAP report that they plan to connect their digital assets offerings. The new collaboration will help common clients access Standard Chartered’s digital asset custody product and TP ICAP’s Fusion Digital Assets, a U.K.-based spot crypto-asset exchange, according to the announcement. The interdealer broker operates TP ICAP… Read More >>
TP ICAP Approved for Crypto-Asset Exchange Services
Interdealer broker TP ICAP has won regulatory approval to be a provider of crypto-asset exchange services via its wholesale marketplace for spot crypto-assets, dubbed Fusion Digital Assets. This is a bid to provide “a credible infrastructure” for institutions thinking about allocating capital to wholesale digital asset markets, officials say. The approval comes at a time… Read More >>
TP ICAP Rebrands ‘Data & Analytics’ as Parameta Solutions
Interdealer broker TP ICAP has launched Parameta Solutions, a rebranding of TP ICAP’s data, analytics, and post-trade offerings businesses — a decision that was led by clients, officials say. The new branding became official Monday, April 12, and will not result in any staffing changes, Jamie Bailey, head of marketing at Parameta Solutions, tells FTF… Read More >>
Credit Suisse Asset Management Group Sells Off Actiance Investment
Sale is Key to the Merging of Actiance and Smarsh Credit Suisse Asset Management’s NEXT Investors group reported on Nov. 30 that it has exited its investment in Actiance, a communications and social media compliance, archiving, and analytics vendor, via a sale to K1 Investment Management, a U.S. private equity firm that invests in enterprise… Read More >>
FINRA EVP of Regulatory Ops to Depart
FINRA’s Axelrod to Help with Transition The Financial Industry Regulatory Authority reports that Susan F. Axelrod will leave the organization early in the new year for the private sector, after 28 years at FINRA and NYSE Regulation, its predecessor. She has been executive vice president for regulatory operations since 2013, responsible for heading the member… Read More >>