News Centre

Race To Mainstream Digital Assets: Switzerland In Pole Position - A New Aite Group Report Analyzes Switzerland, The First Major Financial Center To Enact Far-Reaching Blockchain Legislation To Govern Crypto-Trading Transactions

Date 13/01/2021

While the love-hate dynamic among cryptocurrency enthusiasts, private clients, and wealth management practitioners remains as electrifying and polarizing as ever, the pendulum swung hard to the love camp in remarkable form during 2020, with bitcoin nearly quadrupling in value over the course of the year. Global regulators have taken note, and the Swiss FINMA, in particular, has found a window for innovative and future-oriented financial institutions to begin to integrate cryptocurrencies into their business models. Race to Mainstream Digital Assets: Switzerland in Pole Position, the latest Aite Group report, assesses the feasibility of broad-based cryptocurrency custody and trading services adoption in Switzerland.

Bank Of England: John Taylor's CV And Questionnaire For The Treasury Select Committee

Date 13/01/2021

Published for the Treasury Select Committee re-appointment hearing on 13 January 2021.

Euronext Updates On The Contemplated Acquisition Of The Borsa Italiana Group

Date 13/01/2021

Euronext today acknowledges that the European Commission has conditionally approved, under the EU Merger Regulation, London Stock Exchange Group’s (LSEG) proposed acquisition of Refinitiv.

LSEG All Share Acquisition Of Refinitiv – European Commission Approval

Date 13/01/2021

London Stock Exchange Group plc (LSEG) confirms that the European Commission has conditionally approved, under the EU Merger Regulation, its proposed all share acquisition of Refinitiv (the Transaction). 

Nasdaq Launches New Risk Platform For The Sell-Side And Broker Clearing Industries - Cloud-Based Risk Platform Built To Support Real-Time, Cross-Asset Risk Management And Exchange Margin Funding Calculations - Sucden Financial Adopts The Nasdaq Risk Platform To Power Its New Multi-Asset Risk Management System

Date 13/01/2021

Today Nasdaq (NDAQ) unveiled the enhanced Nasdaq Risk Platform, a real-time single point of access risk platform for sell-side and clearing broker communities. The cloud-based risk platform provides visibility of initial margin, counterparty risk controls and improved risk-adjusted outcomes across asset classes. The Nasdaq Risk Platform has an open and flexible risk aggregation framework that allows integration of market data sources and risk models, enabling clients to consolidate multiple asset specific point solutions for risk management into one single multi-asset solution improving capital and liquidity monitoring across firms.

ESMA Reminds Firms Of The MiFID II Rules On Reverse Solicitation

Date 13/01/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is issuing a Public Statement to remind firms of the MiFID II requirements on the provision of investments services to retail or professional clients by firms not established or situated in the European Union (EU).

UK Financial Conduct Authority Proposes Update To Guidance On Mortgages And Consumer Credit Repossessions

Date 13/01/2021

With The Listing Of QLM, The Number Of Listed Companies On Qatar Stock Exchange Reaches 48

Date 13/01/2021

The shares of QLM were admitted to trading in Qatar Stock Exchange (QSE) today, bringing the number of companies listed on the market to forty-eight Qatari public shareholding companies. The admission of QLM’s shares to trading was celebrated by ringing the opening bell at QSE’s trading hall.

KBC Bank Chooses Finastra For LIBOR Transition - Fusion Loan IQ Alternative Reference Rate Module And Fusion LIBOR Transition Calculator Will Help The Bank Move Away From LIBOR

Date 13/01/2021

KBC Bank, a Belgium-based bank with operations across Europe, US and Asia Pacific, has chosen Finastra to help manage its transition through the upcoming interbank references rates changes. It has selected Fusion Loan IQ Alternate Reference Rates (ARR) module to manage new rates and to expand its lending business. The bank has also opted for the Fusion LIBOR Transition Calculator to help calculate rates ahead of the transition period.

Accuity Releases Bankers Almanac Enhanced Due Diligence To Automate Risk Assessments For Financial Counterparty KYC -API Technology Integrates Bankers Almanac Intelligence On Global Financial Institutions With Firco Financial Crime Screening Software To Automate Enhanced Due Diligence Reporting

Date 13/01/2021

Accuity, the leading global provider of financial crime screening, payment services, and know your customer (KYC) solutions, has announced the availability of Bankers Almanac Enhanced Due Diligence, a new solution that will enable banks to conduct efficient and effective KYC risk assessments of their financial counterparties within a single application. Accuity has brought together two of its solutions, Bankers Almanac: Counterparty KYC and Firco Compliance Link, to create an ‘out-of-the-box' SaaS platform that automates the enhanced due diligence (EDD) reports and audit trails required to meet regulatory guidance.