News Centre

Securing A Durable Recovery: Covid-19 And Beyond - BIS Annual Economic Report 2021

Date 29/06/2021

• The strong policy response to Covid-19 delivered a faster than expected economic rebound, but the uneven recovery creates daunting challenges for policymakers.
• In the near term, flexible policy support is key to nursing the recovery. In the longer term, monetary and fiscal policies will need to re-establish safety margins, a complicated task given the unprecedented initial conditions and inadequate structural reforms.
• The pandemic has exacerbated income and wealth inequality. Monetary policy cannot influence its rising long-term trend, but can mitigate it by tackling macroeconomic instability in line with its mandate.

FIA Announces 2021 Innovators Pavilion

Date 29/06/2021

FIA today launched the seventh annual Innovators Pavilion competition for fintech startups that are offering forward-thinking solutions for the global derivatives markets.

BMO Global Asset Management (EMEA) Deploys NICE Cloud Compliance Recording For Microsoft Teams To Support Remote Workforce And Full Agility NICE’s Certified Cloud Solution Helps BMO GAM Accelerate The Adoption Of Microsoft Teams For Its Remote Workforce While Contributing To Regulatory Compliance And Reducing Overhead Costs

Date 29/06/2021

NICE (NASDAQ: NICE), a leading provider of communication compliance solutions, today announced that BMO Global Asset Management (BMO GAM), the global investment manager owned by BMO Financial Group, has deployed NICE’s certified Cloud Compliance Recording solution for Microsoft Teams across its business in Europe, the Middle East and Africa (EMEA) to meet certain regulatory requirements around recording omnichannel communications for regulated employees now working from home. 

Vienna Stock Exchange: Harald Kröger Appointed To Supervisory Board

Date 29/06/2021

At today's Annual General Meeting of Wiener Börse AG, shareholders elected a new member of the Supervisory Board. Harald Kröger (CEO, Raiffeisen Centrobank AG) succeeds Wilhelm Celeda (CEO, Kathrein Privatbank AG). Wiener Börse and the Supervisory Board would like to thank Wilhelm Celeda for his valuable contribution over the past six years. Furthermore, the composition of the Supervisory Board remains unchanged. The supervisory body consists of twelve owner representatives and four employees delegated by the works council. Heimo Scheuch (Wienerberger AG) and Angelika Sommer-Hemetsberger (OeKB) remain Chairman and Deputy Chairwoman of the Supervisory Board respectively.

Fibank Provides Its Mastercard Cardholders With The Option To Make Payments Using Their Fitbit Smartwatches

Date 29/06/2021

Digital payments offer more security for our money and increase the comfort of our daily lives. Today, in addition to convenience, there is also the health concern to avoid contact with banknotes during a pandemic.

Moscow Exchange: Risk Parameters Change For The Security MSTR-RM

Date 29/06/2021

As per the Securities market risk parameters methodology, on 29.06.2021, 16-48 (MSK) the upper bound of the price band (up to 53290) and initial margins (up to 36.25 %) for the security MSTR-RM were changed. New values are available here

R.J. O'Brien Promotes Staniford To President - First To Hold Role Since 2009

Date 29/06/2021

Chicago-based R.J. O'Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that Daniel Staniford has been promoted to President, acting on behalf of RJO and all of its global affiliates and related entities, including JVMC Holdings Corp., its parent company.

SEC Charges Electronic Trading Platform For Operating As An Unregistered Broker-Dealer

Date 29/06/2021

The Securities and Exchange Commission today announced that Neovest Inc., a provider of an order and execution management system (OEMS) that facilitates electronic trading, has agreed to pay a $2.75 million penalty for its failure to register as a broker-dealer in violation of the federal securities laws.  This is the SEC’s first case charging an OEMS provider for operating as an unregistered broker-dealer. 

TNS Adds Vienna Stock Exchange To Its Impressive Market Data Portfolio

Date 29/06/2021

Adding to its already impressive market data portfolio, Transaction Network Services (TNS) can now provide market data from Wiener Boerse AG, which is operating the stock exchanges in Vienna and Prague. The exchange group collects and distributes stock market data and calculates the most important indices of the region.

Finastra Exceeds 150 App Milestone In Its FusionStore Marketplace

Date 29/06/2021

• Open platform momentum sees more fintechs able to access growing markets and reduce sales cycles
• Financial institutions gain fast access to innovative app capabilities including digital banking, cross-border payments, regulatory compliance and more