News Centre

LeapXpert Completes Series A Funding Round To Power Global Expansion

Date 12/10/2021

LeapXpert, a communications and messaging platform provider, today announced that it has successfully closed its Series A funding round. Altogether, the Company has now raised a total US$14.1 million to date. The investment has been led by LingFeng Capital and Summer Capital, together with four other international investors.

R3 Acquires World Class Regulated Markets Stablecoin Issuance Capability With Ivno Software

Date 12/10/2021

R3 has acquired the technology and team of the financial asset tokenization specialist Ivno, enabling the use of Ivno-developed capabilities across the Corda platform. This acquisition further strengthens R3’s capabilities in the digital assets and currency space.

BNP Paribas Asset Management Broadens Low Carbon Range With Third ETF Launch

Date 12/10/2021

BNP Paribas Asset Management (‘BNPP AM’) announces the launch of BNP Paribas Easy Low Carbon 100 Eurozone PAB UCITS ETF[1], a tracker fund that meets European standards for Paris Aligned Benchmark (‘PAB’) indices and offers investors a solution to reduce the carbon footprint of their portfolios.

Broadridge Extends Intelligent Automation Suite With New AI-Powered Anti-Money Laundering Solution

Date 12/10/2021

To better serve clients and the financial services industry, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of the Broadridge Anti-Money Laundering Solution (AMLS), bringing new, leading edge capabilities to Broadridge’s existing Intelligent Automation suite. The new solution delivers an end-to-end machine learning (ML) powered Anti-Money Laundering platform covering transaction monitoring, name screening, alert prioritization, and customer risk scoring.

SIX Launches Tax On Instrument Service To Streamline Wealth Advisory Decisions

Date 12/10/2021

SIX today launches its “SIX Tax on Instrument” service to provide client advisors and portfolio managers in the Wealth Advisory industry with tax classifications on individual securities. The service allows users to analyse the tax consequences of financial products, to anticipate the tax-related costs of an investment on that security and to find better investment options.

Wilshire Empowers Institutional Investors To Make Climate-Responsive Investment Decisions

Date 12/10/2021

• Educational video series features insights from well-respected institutional investors across the US, EU and China 
• “From Climate Taker to Climate Maker” in four simple steps

Successful Launch Of Shanghai Gold Exchange 4th Generation System Phase I (SGENE-1)

Date 12/10/2021

The 4th generation system phase I (SGENE-1) of Shanghai Gold Exchange (hereinafter referred to as SGE) was successfully launched on October 8, 2021. The data centers in both Shanghai South Bund production and operation building, and Shenzhen backup trading center went live simultaneously.

SGX Reports Market Statistics For September 2021

Date 12/10/2021

• SGX remains go-to venue for managing China portfolio investments
• Securities market turnover value rises to four-month high

Statement By The IMF Executive Board On Its Review On The Investigation Of The World Bank’s Doing Business 2018 Report

Date 12/10/2021

The IMF Executive Board met today to conclude its review of the matter raised by WilmerHale’s investigation of the World Bank’s Doing Business 2018 report. This was the eighth such Board meeting on this matter, as part of the Executive Board’s commitment to a thorough, objective, and timely review. In particular, the Executive Board had two extensive discussions each with the representatives of WilmerHale as well as with the Managing Director. The Executive Board also took note that the World Bank’s investigation of potential World Bank staff misconduct in the Doing Business report matter is ongoing.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With IMF Managing Director Kristalina Georgieva

Date 12/10/2021

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with IMF Managing Director Kristalina Georgieva to discuss the serious issues raised by the investigation into the World Bank’s Doing Business 2018 report. Secretary Yellen expressed that her priority is to preserve the integrity and credibility of the World Bank and the IMF, and for that reason, it was essential that the IMF Board conducted a thorough, fair, and timely review of the findings by WilmerHale.