News Centre

FESE Response To The EIOPA Consultation On The Methodology For Value For Money (VfM) Benchmarks

Date 14/03/2024

FESE welcomes the opportunity to contribute its views to the EIOPA consultation on the methodology for Value for Money (VfM) benchmarks. In its response, FESE stresses the need for a clear focus on “cost-efficiency” when constructing the benchmarks. FESE reiterates that the cost should not be the main indicator when developing the VfM benchmarks and that the ESAs should consider other qualitative factors, such as the distribution channel of retail products.”

Rimes Launches AI-Powered Data Lakehouse Copilot For Natural Language Insights

Date 14/03/2024

• Leverages best-in-class AI models for data query generation
• AI Lab sandbox fully supports ‘bring your own data’ scenarios
• Developed in collaboration with major clients

Trailblazing Corporate Digital Identity Platform Sees Encompass Corporation Named ‘One To Watch’ In Chartis’ Financial Crime And Compliance 50 2024

Date 14/03/2024

Encompass Corporation, the leader in Corporate Digital Identity (CDI), has been named ‘One to Watch’ by Chartis Research as part of this year’s Financial Crime and Compliance 50 (FCC50), recognising its game-changing innovation that supercharges robust regulatory compliance and drives business growth. 

Exchange Data International And Radient AI Announce Strategic Data Partnership

Date 14/03/2024

Exchange Data International (EDI), the global leader in redistribution of pricing and reference data, and Radient AI, the leading fund intelligence platform, powered by artificial intelligence, announced a comprehensive data partnership. This collaboration sees EDI’s extensive corporate actions and dividend data seamlessly integrated into Radient AI’s platform, alongside mutual fund, ETF, and equities data from major markets worldwide.

Deutsche Börse Group: Business Indicators For February 2024

Date 14/03/2024

A summary of Deutsche Börse Group's business indicators for February 2024 is now available on the Deutsche Börse website:

Alexandre Kech To Become New CEO Of Global Legal Entity Identifier Foundation

Date 14/03/2024

The GLEIF Board of Directors today announces the appointment of Alexandre Kech to the position of Chief Executive Officer (CEO), effective June 26, 2024. Alexandre Kech will join GLEIF as CEO-elect on May 1, 2024. Stephan Wolf, who has served as CEO since GLEIF's inception in 2014, will work closely with Alexandre Kech to enable a smooth transition before stepping down after ten successful years in the role.

IPC Systems Partners With Business Systems To Deliver Future-Proofed Data Management Strategies

Date 14/03/2024

IPC, a premier communications and compliance solutions provider has announced a strategic partnership with Business Systems Ltd (“BSL”), a leading provider of compliance and customer experience solutions, to support organizations to future proof their data management strategies.

Gap Widens Between Leaders And Non-Leaders As Digital Transformation In Financial Services Reaches New Level Of Maturity - Firms Pacing Investments In Core Technologies And Cyber While Promise Of Genai And The War For Talent Becomes The Next Battleground

Date 14/03/2024

As the digital revolution accelerates, financial institutions are racing to create enterprise value by investing heavily through the economic cycle, according to a new study by Broadridge Financial Solutions, Inc. (NYSE: BR). The study found that 75% of executives are confident in their tech transformation roadmap, but a digital maturity gap is growing between leaders and non-leaders. While more than two-thirds say they have made meaningful progress in modernizing their core IT platforms, organizations must make progress against multiple tech and talent frontiers as they grapple with new technologies like GenAI, rising cybersecurity challenges, and accelerating needs for seamless digital customer experiences.

United Fintech Announces Strategic Management Reshuffle

Date 14/03/2024

Following investments by BNP Paribas and Citi, United Fintech names Troels O. Lindblad as CFO and Rasmus Bagger as CCO while Marc Levin advances to CEO of Athena Systems in a strategic management reshuffle to adopt even more customer-centric ways of working, says United Fintech CEO Christian Frahm.

DGCX Monthly Bulletin - February 2024

Date 14/03/2024

In February 2024, 152,094 contracts were traded on DGCX with a value of USD 3,653.22 million and an average Open Interest of 10,043.