News Centre

BME: MARF Registers A New Securitisation Fund Originated By SWK Bank

Date 24/11/2021

BME’s Fixed Income Market, MARF, today admitted a new bond issue to trading from SWK Consumer 2021-1’s Securitisation Fund for 400 million euros. The issue is divided into two series: Class A, of 352 million euros, and Class B, of 48 million euros, which will bear annual interest rates of 0.25% and 2.25%, respectively. The Fund's assets consist of a portfolio of German consumer loans originated by the German financial institution Süd-West-Kreditbank Finanzierung GmbH (SWK Bank). The Fund will be managed by Titulización de Activos (TdA).   

Upcoming Regulatory Requirements Pave The Way For Global OTC Overhaul - Fragmos Chain

Date 24/11/2021

While new regulatory requirements enter into force in the coming months, ISDA Chief Executive Officer Scott O'Malia’s recent announcement shows that its Common Domain Model (CDM) is becoming central for financial firms in order to meet these requirements1. We believe this is just the prelude to an extensive overhaul of the management of OTC trades, especially collateral management and post-trade. CDM is the gateway to a world of full collaboration and optimized processes.

Bank Of England: Minutes Of The London FXJSC Legal Sub-Committee Meeting - 14 September 2021

Date 24/11/2021

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Legal Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

Financial Institutions Overlook Critical IT Spend Despite Significant Disruptions - 88% Of Firms Prioritise Short-Term Budgets Over Operational Resilience, Latest Global Survey From ITRS Group Reveals

Date 24/11/2021

Despite the dramatic upheaval that firms and their IT environments have faced over the last two years, new data from leading software provider ITRS Group, shows that the financial services industry is still making sacrifices on critical IT spend in favour of short-term budget priorities.

Freetrade Raises Crowdfunding At GBP650m Valuation

Date 24/11/2021

• The round will be raised at a share price of 924.99p, an increase of 138% since the Company last raised money in its Series B in March 2021
• The round implies a pre-money valuation of £650m

Moscow Exchange Forum Puts Spotlight On Sustainability, Growth Of Retail Investing

Date 24/11/2021

Moscow Exchange held its annual MOEX Forum online on 16-17 November 2021. Over the two days, 40 speakers and moderators discussed regulation of financial markets, the outlook for key sectors of the Russian economy, Russian macroeconomic policy, the role of traditional energy and green industries, and the impact that Russia’s growing retail investor base is having on financial markets.

Finastra Expands Fusion LIBOR Transition Calculator

Date 24/11/2021

Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates and borrowers to calculate ARR in preparation for the end of the majority of LIBOR rates on December 31, 2021. In addition to SOFR for the US dollar and SONIA for pounds sterling, the calculator service now incorporates ARR rates €STR for the euro, TONAR for the Japanese yen and RFR rate SORA for the Singapore dollar.

SGX Welcomes Cantor Fitzgerald As Accredited Issue Manager

Date 24/11/2021

Singapore Exchange (SGX) is pleased to welcome Cantor Fitzgerald as a newly accredited Issue Manager for SGX Mainboard listings.

Japan Financial Services Agency: The Fourth Meeting Of The Working Group On Corporate Disclosure Of The Financial System Council

Date 24/11/2021

Worldline Provides Core Components For Austria’s National Digital ID Solution “ich.app” To PSA Payment Services Austria GmbH - Worldline’s Proven Authentication Solution Offers Optimum Security And Maximum Usability For End Customers

Date 24/11/2021

Worldline (Euronext: WLN) is supporting PSA Payment Services Austria GmbH on its journey towards becoming a smart transaction provider well beyond payments. Through its products WL ID Center and WL Trusted Authentication as well as extensive experience in major infrastructure projects, Worldline is providing the technological basis of the new digital identity, a unique app called ich.app, which PSA will launch on the Austrian market in 2022. The foundation of the innovative ID solution, for all users, is their existing ID as a customer of an Austrian bank. ich.app will enable consumers to easily and quickly identify themselves with a variety of online retailers and service providers, as well as in many other circumstances, without the need to exchange any further data.