News Centre

Duco Launches Reconciliation Maturity Model: The Best Practice Automation Guide For Financial Reconciliation In 2025 And Beyond - Maturity Model Provides A Framework For Financial Firms To Benchmark Their Reconciliation Function And Actionable Steps To Improve Efficiency And Agility While Cutting Cost

Date 03/04/2025

Duco, the leading platform for enterprise data automation, has today launched its updated Reconciliation Maturity Model: the best practice guide to enable financial firms to benchmark their reconciliation function. Following the maturity model, an institution with 1000 controls can hope to save up to $37.9m annually by moving from purely manual processes to a continuously improving model powered by AI.

big xyt Announces Formal Bid For European Consolidated Tape Provider With Widespread Industry Support

Date 03/04/2025

big xyt, a leading independent provider of high-quality European trade data and analytics, today announced its formal intent to become the official provider of the EU Consolidated Tape (CT) for equities and ETFs. The company's official entry into the bidding process follows overwhelming support from across the financial industry and addresses growing concerns about limited competition in the selection process.

Investments In AI And Digital Asset Surge - While Data And Legacy Tech Challenges Persist, Broadridge Digital Transformation Study Finds

Date 03/04/2025

• Data harmonization is key when it comes to implementing AI and digital assets with 80% of firms making moderate-to-large investments in AI this year; 50% of executives believe there will be a significant adoption of digital assets and ledger technology within the capital markets over the next several years.
• While 58% of financial services technology and operations executives agree a clear data strategy leads to the maximum rate of return on technology investments, 40% admit to having data quality issues.
• Almost half (41%) of executives feel their technology strategy is not moving fast enough at its current trajectory and 46% feel legacy tech is hurting resiliency.
• Overall, firms expect to allocate 29% of their total IT spend to technology innovation over the next two years, an increase of seven percentage points from last year’s study.

BNP Paribas Asset Management Weekly Market Update – Tariff Reaction

Date 03/04/2025

• Tariffs are worse than investors expected, focus moves to the possibility of negotiations
• Tariff impact – exporters to the US face margin pressure as equities face declines
• Expectations of significant European infrastructure and defence spending feeds into outlook of broadening market allocations
• Looking beyond headlines, macroeconomic picture remains resilient

Quantoz Brings European Regulated Stablecoins EURQ And USDQ To Algorand

Date 03/04/2025

• With the introduction of MiCA in the European Union (EU), fintechs like Quantoz Payments are issuing highly innovative, secure and regulated stablecoins
• Since their issuance in November 2024, USDQ and EURQ have already achieved listings on over 12 exchanges, reaching a cumulative trading volume of more than $50 million
• Algorand is the first non-EVM blockchain to host Quantoz’s regulated stablecoins, with trading pairs available on Folks Finance

The Canton Network And Flowdesk Partner To Advance On-Chain Margining For Crypto Derivatives

Date 03/04/2025

The Canton Network today announced that Flowdesk is joining as a key participant in the development of an on-chain collateral and margin management solution for bilateral derivatives. Flowdesk joins Digital Asset, QCP, and a growing group of counterparties in building a next-generation infrastructure that leverages the Canton Network’s unique privacy-preserving capabilities.

BNP Paribas And Bloomberg AIM Enhance Front-To-Back Office Models Through Further Integration

Date 03/04/2025

BNP Paribas’ Securities Services business, a leading global custodian with USD 13.7 trillion in assets under custody, today announces the further integration of its multi-asset servicing capabilities with Bloomberg AIM, a leading buy-side order and investment management technology solution. The extended feature enables additional direct, standardised data connectivity between Securities Services’ global fund accounting solutions and Bloomberg AIM, facilitating front-to-back data integrations for mutual buy-side clients.

Calastone Launches Tokenised Distribution Solution To Unlock The Future Of Fund Distribution

Date 03/04/2025

Calastone, the largest global funds network, today announces the launch of Calastone Tokenised Distribution - a pioneering solution that allows asset managers to tokenise any fund operating on Calastone's network and distribute it seamlessly across blockchain-based channels.

Nasdaq Helsinki Welcomes Nokian Brewery To Nasdaq First North

Date 03/04/2025

Nasdaq (Nasdaq: NDAQ) announces that trading in Nokian Brewery Plc shares (ticker: BEER) will commence today on Nasdaq First North Growth Market Finland. The company belongs to Consumer Staples sector. Nokian Brewery is the 14th company to list on Nasdaq’s Nordic markets in 2025, and it represents the third listing on Nasdaq Helsinki this year.

London Stock Exchange Group PLC Transactions In Own Securities

Date 03/04/2025

London Stock Exchange Group plc (LSEG) announces today that it has purchased the following number of its ordinary shares of 679/86 pence each on the London Stock Exchange from Morgan Stanley & Co. International Plc (Morgan Stanley) as part of its share buyback programme, as announced on 3 March 2025: