News Centre

Misys Launches Global Back Office To Streamline Operations And Ensure Bank-Wide Consistency - Industry Survey Reveals Potential Cost Savings Of Up To 50% From Implementing A Single Back Office System

Date 16/09/2013

Misys has unveiled Misys Global Back Office at Sibos in Dubai. Now available, this global component is part of Misys Capital Markets Fusion and centralises and consolidates all operational processing across asset classes, trading systems and branches globally, streamlining back office operations for users and improving straight-through processing (STP) while reducing costs and operational risk.

Banks Prioritise Automation And Efficiency In Payments And Trade Finance To Grow Their Transaction Banking Business

Date 16/09/2013

FIX Trading Community Publishes Updated Guidelines To Facilitate Cost Effective And Efficient Connectivity To Emerging Swap And Bond Trading Platforms

Date 16/09/2013

FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today published updated guidelines for the electronic trading of bonds and swaps using the FIX messaging standard.  The guidelines have been designed to enable market participants to benefit from cost effective and efficient connectivity to the growing number of bond trading platforms, emerging Swap Execution Facilities (SEFs) and upcoming Organised Trading Facilities (OTFs) set to launch across the U.S and European markets.

Calypso Technology Opens Office In Dubai - Capital Markets Technology Leader Launches New Premises In The UAE To Service Middle Eastern Clients And Markets

Date 16/09/2013

Calypso Technology Inc. , the leading integrated capital markets platform provider, announced that they have opened an office in Dubai, United Arab Emirates.  This expansion is the result of a growing client base in the Middle East region.

Venus Business Communications Chooses Volta’s Great Sutton Street Data Centre - Establishing POP And Offering Access To Amazon Web Services At Volta Data Centre

Date 16/09/2013

Volta Data Centres, the specialist provider of data centres to the financial, media and content industries, today announced that Venus, London’s leading fibre network provider for the media and business community, has extended its dark fibre ring to Volta’s Great Sutton Street facility which will specifically address the needs of customers in three key areas: Shoreditch and Silicon Roundabout; Soho and the West End; the City and in particular for those in the latency sensitive financial services community.

CMA Announces Electronic Trading Certification With Bolsa De Valores De Colombia (BVC) - Direct Market Access (DMA) For Local And International Order Routing With The Colombian Stock Exchange - International Order Routing Over CMA Trade Hub To Bogota Based Exchange Members

Date 16/09/2013

CMA Inc., www.cma.net, the leading Latin American market data and trading Services Company, has certified Electronic Access to the Bolsa de Valores de Colombia (BVC) with several CMA client brokers based in Bogota actively trading with CMA systems.

Bank of America Merrill Lynch Joins SWIFT’s JASDEC Early Adopter Programme - Strong Support From Key Customer As Community Test Period Starts

Date 16/09/2013

SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced at Sibos that Bank of America Merrill Lynch has joined its Early Adopter Programme for the Japan Securities Depository Centre (JASDEC), the country’s central securities depository.

SIX Securities Services Chooses SWIFT VAN To Connect To T2S - SWIFT’s Resilience, Reliability And Competitive Pricing For T2S Drive SIX Securities Services’ Choice

Date 16/09/2013

SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced at Sibos that SIX Securities Services, the CSD group for Switzerland, will use SWIFT’s Value Added Network (VAN) solution to connect to T2S. It will also take advantage of further value-added services from SWIFT.

SWIFT Post-Trade Survey: Cost And Risk Rival Regulation As Drivers For Post-Trade Automation - Respondents Look To Standards, Market Practice And Reuse Of Existing Technology Investment To Help Them Achieve Post-Trade Goals Despite Constrained Budgets

Date 16/09/2013

SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced at Sibos the findings of its Post-Trade Survey 2013. They show that although regulation is a powerful driver to increase post-trade automation in the current environment, cost reduction is an equally important pressure – closely followed by risk management.

Statement By The President - President Barack Obama Accepts Larry Summers Decision To Withdraw From Consideration For Chairman Of Federal Reserve

Date 15/09/2013

Earlier today, I spoke with Larry Summers and accepted his decision to withdraw his name from consideration for Chairman of the Federal Reserve. Larry was a critical member of my team as we faced down the worst economic crisis since the Great Depression, and it was in no small part because of his expertise, wisdom, and leadership that we wrestled the economy back to growth and made the kind of progress we are seeing today. I will always be grateful to Larry for his tireless work and service on behalf of his country, and I look forward to continuing to seek his guidance and counsel in the future.