News Centre

Drawbridge Achieves SOC 2 Type 1 Compliance - Certification Reaffirms Drawbridge’s Continued Commitment To Data Security And Privacy For Clients

Date 26/04/2022

Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced their achievement of System and Organization Controls (SOC) 2 Type 1 compliance.  This certification reflects Drawbridge’s commitment to safeguarding critical client data while helping customers bolster their cyber defenses in today’s evolving threat landscape.

Fusion Risk Management Appoints Eric Jackson As Chief Product Officer - Esteemed Product Executive Will Drive Fusion’s Product Strategy And Innovation

Date 26/04/2022

Fusion Risk Management, Inc. (“Fusion”), a leading provider of operational resilience, business continuity, and risk management software and services, today announced it has appointed Eric Jackson as Chief Product Officer (CPO). In his role, Jackson is responsible for leading Fusion’s product vision and strategy and driving innovation across the product team. Jackson will also join Fusion’s Executive Leadership Team and work closely with Fusion’s global clients and industry partners to ensure the company’s award-winning solutions remain best-in-breed within the industry.

Nasdaq Elects Kathlyn Card Beckles, Anne Marie Darling, And Elizabeth Wideman To The Board Of Directors Of Its U.S. Exchanges

Date 26/04/2022

Nasdaq, Inc. (Nasdaq: NDAQ) today announced the election of the following directors to the boards of the U.S. exchanges operated by the company, which include The Nasdaq Stock Market LLC, Nasdaq PHLX LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq MRX, LLC, and Nasdaq GEMX, LLC:

Robinhood Lets Go 9% Of Full-Time Employees - Period Of Hyper Growth Over

Date 26/04/2022

Robinhood CEO Vlad Tenev shared the below to Robinhood employees following a company-wide meeting to discuss the changes.

Fiserv Accelerates Open Finance And Enables Collaboration Among Financial Institutions And Fintechs With AppMarket Launch - AppMarket Allows Financial Institutions To Offer Fintech-Enabled Capabilities As An Integrated Part Of The Banking Experience

Date 26/04/2022

Financial institutions can access a curated set of fintech solutions that can help them reach new customers, operate more efficiently and compete more effectively through the launch of AppMarket from Fiserv (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions.

Critical Issues In Financial Regulation: The UK Financial Conduct Authority's Perspective - Speech By The FCA CEO, Nikhil Rathi, Delivered At City Week 2022

Date 26/04/2022

Highlights

• Cost of living crisis means consumers are more exposed to risk and more reliant on financial services.
• New consumer duty will ensure firms take into account ‘good outcomes’ for consumers and clear rules will in future cut costs for firms.
• Supporting innovation to encourage long-term economic growth and international competitiveness: 
• Extending an early oversight scheme to give 300 newly authorised firms guidance on regulatory issues as they grow 
• Over 500 applications to attend our first ever CryptoSprint event in May 
• Post-Brexit, if you are a predominantly UK business, your regulated entity should be here to protect investors and the integrity of the markets.

RQD* Clearing And TradingBlock Expand Relationship To Include Full Clearing And Execution For Retail And Active Trading - TradingBlock Reveals Plans To Launch New Retail Trading Platform In 2022

Date 26/04/2022

RQD* Clearing (RQD), a next-generation correspondent clearing provider, announced today it has extended its partnership with TradingBlock to include full clearing and execution for the broker-dealer’s active and retail trading lines. Since the launch of its clearing business in late 2021, RQD has onboarded a number of broker-dealers – ranging from new entrants to established firms – to its cloud-based clearing platform. RQD and TradingBlock also announced that they are collaborating on development of TradingBlock’s new, leading-edge retail trading platform, intended to launch later this year.  

ICE Clear Credit Announces The Expansion Of Its Index Option Clearing Services To Include J.P. Morgan

Date 26/04/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that J.P. Morgan is now offering clearing services for client-executed Credit Default Swap (CDS) Index Options via ICE Clear Credit.

FTX.COM Selects Eventus For Global Trade Surveillance And Risk Monitoring On All Of Its Markets - Builds On Relationship Established In December With FTX US For Crypto Spot, Futures And Options Markets

Date 26/04/2022

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, and FTX.COM (“FTX”), a leading global cryptocurrency exchange, announced today that FTX has contracted with Eventus to deploy the firm’s Validus platform for trade surveillance and risk monitoring on all FTX markets throughout the globe. 

FSB: US Dollar Funding And Emerging Market Economy Vulnerabilities

Date 26/04/2022

The growth in external USD financing from non-bank financial institutions following the 2008 global financial crisis has created new financial stability challenges for emerging market economies.