News Centre

Calypso Ranked #1 Treasury And Capital Markets Solution In 2015 Ibs Journal Sales League Table - Calypso On Top For 6 Consecutive Years As The Best Selling Solution

Date 17/03/2015

Calypso Technology, Inc., the leader in Capital Markets software solutions, announced today that Calypso is the top selling treasury and capital markets system according to the IBS Journal 2015 Sales League Table, an annual ranking of core back-office system sales to new name customers across banking, treasury and capital markets.

UK’s Financial Conduct Authority Bans Former Rabobank Trader, Paul Robson, Following LIBOR Fraud Conviction

Date 17/03/2015

The Financial Conduct Authority (FCA) has banned Paul Robson, a former trader at Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) from the UK financial services industry for lacking honesty and integrity following a criminal conviction for fraud in the US. In 2014 Mr Robson pleaded guilty in the US for his role in a conspiracy to manipulate Rabobank’s Yen LIBOR submissions to benefit trading positions.

Moscow Exchange Introduces T+1 Settlement Cycle For OFZs

Date 17/03/2015

The Moscow Exchange will begin a move from T0 to T+1 settlement cycle for Russian federal government bonds known as OFZs from 23 March 2015.

Regulation, Automation And Financial Compliance Are Top Priorities For The Investment Management Community - New Paper From SWIFT Highlights Operational Challenges Impacting The Buy-Side In 2015

Date 17/03/2015

New independent research commissioned by SWIFT reveals that regulation, automation and financial crime compliance initiatives are top priorities for the investment management community in 2015. The findings of the survey, which are captured in a paper entitled Operational Challenges Facing Investment Managers in 2015, assesses the current and future operational needs of the buy-side with a view to determining potential solutions around automation, standardisation and collaboration.

Myanmar’s Yoma Bank Selects Misys For Complete Banking Transformation

Date 17/03/2015

Yoma Bank of Myanmar has selected Misys FusionBanking Essence for a complete front-to-back transformation of its core banking system. Misys, the leading financial software company is helping the bank expand its current services to launch online banking and upgrade the existing branch functionality. Yoma Bank is one of the largest privately-owned banks in Myanmar, with 54 branches across the country. The bank is undertaking a major transformation project to create a new, modern banking system.

Bitcoin Users To Approach 5 Million By 2019, Juniper Research Finds - Adoption Likely To Be Limited To Niche Demographics

Date 17/03/2015

A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3 million last year.

Summary Of Responses To Public Feedback On Draft Regulations And E-Tax Guide Relating To The Implementation Of The Singapore-US Foreign Account Tax Compliance Act Intergovernmental Agreement

Date 17/03/2015

The Ministry of Finance (MOF), Inland Revenue Authority of Singapore (IRAS) and Monetary Authority of Singapore (MAS) today published its responses to public feedback on the draft Income Tax Regulations and E-Tax Guide relating to the implementation of the Singapore-US Foreign Account Tax Compliance Act (FATCA) Intergovernmental Agreement (IGA).  

Announcement On Issuance Of The Standard Nickel Cathode And Tin Contract Specifications And Related Rules Of The Shanghai Futures Exchange

Date 17/03/2015

The Standard Nickel Cathode Contract Specifications and the Standard Tin Contract Specifications are approved by the Chinese Securities Regulatory Commission (the “CSRC”). The Risk Management Rules of the Shanghai Futures Exchange (Amendment), the Delivery Rules of the Shanghai Futures Exchange(Amendment),, the Hedging Rules of the Shanghai Futures Exchange (Amendment),and the Spread Trading Rules of the Shanghai Futures Exchange (Amendment) are approved by the 2nd Session of the Board Meeting of the Exchange and submitted to the CSRC for filing. The aforesaid contract specifications and related rules are hereby published and shall be enforced from the listing day of these two contracts.

Moscow Exchange Launches Chinese Renminbi Futures

Date 17/03/2015

From 17 March the Moscow Exchange has started trading in a futures contract on the currency pair Chinese Renminbi — Russian rouble.

Korea Exchange: Trading Of 10-Year Government Bond Futures Set A New Year High

Date 17/03/2015