News Centre

Sit Investment Associates Selects Rimes’ Investment Management Platform Matrix

Date 27/02/2024

Rimes is pleased to announce that Sit Investment Associates has selected its Matrix investment management platform as a crucial part of a firm-wide modernization program. With some $15 billion AUM in the U.S., Sit Investment Associates is one of the largest independent, family and minority-owned investment firms.

The EU AI Act - Comments From David Mirfield,  VP Of Product Management, Provenir

Date 27/02/2024

The European Parliament has finalised a provisional agreement on groundbreaking artificial intelligence regulations paving the way for the world's first legislation on AI, pending a vote by the legislative assembly in April. Known as the AI Act, these new regulations aim to establish boundaries for a technology widely used across various industries, including banking, automotive, electronics, and aviation, as well as for security and law enforcement purposes.

KB Asset Management Launches ETF Tracking Solactive Berkshire Portfolio Top10 Index

Date 27/02/2024

Solactive is pleased to announce another launch with the recent partnership with KB Asset Management. The KB KBSTAR Berkshire Portfolio TOP10 ETF aims to replicate the performance of the Solactive Berkshire Portfolio Top10 Index. This launch follows the successful debut of the cooperation between the two companies last week with the KBSTAR Global Realty Income ETF.

OKX Officially Launches In Türkiye In Latest Global Expansion

Date 27/02/2024

• Turkish Lira fiat on-ramp capabilities, direct bank deposits and withdrawals available to Turkish users
• OKX TR offers 24/7 local customer support in Turkish

DiffusionData Offers Free Trial Of Diffusion Cloud

Date 27/02/2024

DiffusionData, the pioneer and leader in real-time data streaming, today announced that Diffusion Cloud is now available free on a no obligation one month’s trial, with no deployment costs. Diffusion Cloud is used by companies worldwide and simplifies and speeds data-driven, real-time application development, reduces operational costs, and economically delivers hyper-personalised data.

Broadridge Whitepaper Highlights The Drive For Efficiency Amongst Nordic Capital Markets Firms

Date 27/02/2024

Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced the launch of a new whitepaper in collaboration with Firebrand Research, highlighting the latest trends in capital markets across the Nordic region. The research, ‘Capital Markets Trends in the Nordics: Harmonising While Retaining Local Expertise,’ reveals an increasing focus on improving efficiency, transitioning away from legacy infrastructure, and modernizing systems to support future market requirements.

Lithuania’s Šiaulių Bankas Selects Temenos Saas To Modernize Core Banking In The Cloud - The Bank Will Migrate Retail And Corporate Banking To Temenos Banking Cloud To Drive Growth And Expand Into New Segments

Date 27/02/2024

Temenos (SIX: TEMN), today announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking including trade finance to Temenos Banking Cloud, supporting the bank’s growing business needs with increased flexibility and resilience.

United Fintech Secures Strategic Investments From BNP Paribas And Citi - BNP Paribas And Citi Become The First Institutional Investors In United Fintech, A Neutral Digital Transformation Platform

Date 27/02/2024

BNP Paribas and Citi have become the first institutional investors in United Fintech Group Limited (“United Fintech”), a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi. United Fintech is also in advanced talks with other leading strategic investors to join its transformative journey, signalling a broad industry shift towards collaborative fintech innovation.

Sterling Trading Tech Strengthens Commitment To Performance Excellence - Recruits Industry Expert Mike Shanahan

Date 27/02/2024

Sterling Trading Tech (STT), a leading provider of proprietary order management systems, risk and margin solutions, and trading platforms for the capital markets worldwide, announced the strategic appointment of Mike Shanahan as Lead Site Reliability Engineer. Shanahan will play a pivotal part in advancing the reliability, support, and success of STT’s product suite.

Hong Kong Securities And Futures Commission Secures First Criminal Conviction Of Securities Fraud Via Illegal Short Selling

Date 27/02/2024

The Eastern Magistrates’ Court today convicted Ms Christine Yeung Tak Sum, an unemployed retail trader, after she pleaded guilty to securities fraud involving illegal short selling in proceedings brought by the Securities and Futures Commission (SFC).