News Centre

Dawn Of The Debt: Global Share Of ‘Zombie Companies’ Rises 5% Year-On-Year In 2022, Amid Ongoing Economic Downturn – Kearney

Date 14/09/2023

• The walking debt are spreading, as Kearney study shows a net increase of 95 zombies globally, rising from 1,893 in 2021 to 1,988 in 2022
• If interest expenses doubled, all else equal Kearney estimates the number of zombie companies to rise by over a fifth (21.5%) across the world
• Global economies allocated $1 trillion capital to zombie companies – twice as much compared to 2021

New Document From REVENGA SMART SOLUTIONS About Its Listing On BME Growth

Date 14/09/2023

• It is the eighth company to register a Document of Incorporation on this BME market in 2023

Broadridge Launches New Cloud-based Reconciliation & Matching Solution - BRx Match - All-In-One Solution Solves Reconciliations With Business-User Self-Build To Improve Total Cost Of Ownership And Drive Trade Simplification

Date 14/09/2023

Tackling both reconciliation and data integrity challenges, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the launch of BRx Match, a holistic cloud-based reconciliation and matching solution. BRx Match was developed as an all-in-one reconciliation platform, solving both complex and simple reconciliations, and putting the power of an enterprise reconciliation solution into the hands of business-users. The platform automates the entire reconciliation process from the earliest point, resulting in improved efficiency, transparency and accuracy, while reducing risk and total cost of ownership.

The EBA Responds To The EU Parliament’s 2021 Discharge Report

Date 14/09/2023

The European Banking Authority (EBA) today published an Opinion in response to the observations made by European Parliament in its 2021 Discharge Report. Out of 30 observations, which cover the areas of budget and financial management, performance, staff policy, procurement, prevention and management of conflicts of interest and transparency, internal control, digitalisation and green transition, business continuity along crisis, the EBA considers that 26 have already been implemented or do not require follow-up action. For four observations the follow-up is deemed to be an ongoing consideration.

Nasdaq Study Shows Legacy Technology And Regulation Preventing Financial Institutions From Capturing Growth Opportunities

Date 14/09/2023

• 78% of FMI investment budgets dominated by maintaining and upgrading legacy technology, with more than a third planning a major system overhaul in the next five years
• Industry-wide need to upgrade legacy technology, whilst responding to wave of regulation, risks compromising resilience or missing out on growth opportunities

Futures On Shares Of Grupa Budimex, Dom Development And Inter Cars To Be Introduced To Trading On GPW

Date 14/09/2023

• Futures on shares of Grupa Budimex S.A., Dom Development S.A. and Inter Cars S.A. will be introduced to trading on the Warsaw Stock Exchange on 18 September 2023
• Three series of futures will be traded, expiring in December 2023, March and June 2024
• In addition, GPW is reducing the multiplier for the newly introduced series of futures on shares of Kruk S.A. from 100 to 10

ESG1 Partners With GMEX ZERO13 On Trading Tokenized Carbon Credits From Emissions Removals - Cross-Chain Interoperable ESG Asset Trading And Settlement Enabled By ZERO13 As A Fully Integrated Market Distribution Partner For ESG1’s Highly Verified, IoT-Linked Industrial Carbon Credit Tokens

Date 14/09/2023

ZERO13, a GMEX Group initiative providing a digital climate fintech aggregation ecosystem, and ESG1, a subsidiary of GuildOne providing innovative digital assets and ESG solutions built on R3’s Corda, have announced a landmark collaboration that will create an automated digital pipeline for North American industrial carbon offsets to reach high-demand markets in Europe and the Middle East. ESG1’s V10N digital measurement, reporting, verification, and tokenization (MRVT) platform is integrating with GMEX’s ZERO13 trading hub to provide large-scale, high-integrity credits generated by disruptive emissions removal technologies. 

The World Federation Of Exchanges Issues Guidance Note On The WFE Green Equity Principles

Date 14/09/2023

The World Federation of Exchanges (WFE), the global body for exchanges and CCPs, has issued its Guidance Note on the WFE Green Equity Principles. The Principles are the first global framework for designating listed shares as green.

BMLL Secures Investment From Snowflake Ventures - Partnership With Snowflake To Empower Market Participants Globally With Granular Data And Analytics, And Revolutionise The Way The Market Interacts With Level 3 Data

Date 14/09/2023

• The partnership with Snowflake supports BMLL’s mission to democratise access to granular, deepest level order book data and analytics on a global scale by eliminating the need for resource-intensive data engineering
• BMLL data and analytics covering 75+ venues for equities, futures and ETFs is now available to capital markets clients via the Snowflake Marketplace
• Snowflake Ventures joins existing Series B investors Nasdaq Ventures, FactSet and IQ Capital

Temenos Recognized As Leader In Cloud Core Banking By Omdia- Temenos Achieved The Highest Scores In The Report For Market Momentum, Strategy And Innovation

Date 14/09/2023

Temenos (SIX: TEMN) has today announced that it has been recognized as a market leader in the latest “Omdia Universe: Cloud-based Core Banking 2023” evaluation from Omdia, a leading technology analyst and consulting firm.