News Centre

Kaizen Reporting Announces New Advisory Board

Date 08/06/2021

• New Advisory Board established to support Kaizen Reporting and the industry at large to improve regulatory reporting data quality
• Mark Ibbotson appointed as Chair of Kaizen’s Advisory Board
• Newly appointed Advisory Board members include: David Lawton, Ana Fernandes, Catherine Langlais, Jonathan Herbst and David Nowell.      

Broadridge Collaborates With AWS To Extend Its Private Market Hub, The Industry-Leading Private Equity Blockchain Solution - Latest Release Adds Connectivity To Existing Industry Tools And Technologies

Date 08/06/2021

Utilizing distributed ledger technology (DLT) to better streamline and connect the private equity ecosystem and assets, Broadridge Financial Solutions, Inc. (NYSE:BR) today released the latest evolution of its industry-leading Private Market Hub platform, using Amazon Managed Blockchain from Amazon Web Services, Inc. (AWS). The updated platform, the industry’s first deployment of blockchain technology for the private equity market, now has added connectivity to existing industry tools and technologies to help further automate workflows between front-, middle- and back-office functions providing a consistent, secure, real-time view of the data.

LME Announces Outcomes Of Discussion Paper On Market Structure

Date 08/06/2021

• Strategic principles underpin market structure evolution; positive and balanced outcome that respects the unique nature of LME while enabling it to modernise and adapt to new market dynamics
• Ring to reopen on 6 September for trading
• Official Prices to be determined on the Ring, to support physical customers who use these prices in their contracts, subject to a further consultation issued today
• Closing Prices to be determined electronically, enhancing participation and transparency, supporting financial customers and larger physical users
• Electronic liquidity enhancement plans to be optimised and commence in 2022
• LME to investigate a flexible approach to variation margin, supporting the continued provision of credit to smaller physical users; delivery of VaR initial margin methodology to be prioritised
• Greater transparency to be achieved via enhanced off-warrant stock reporting approach

New Study Highlights Boost For Precious And Industrial Metals As Economies Recover And Production Increases

Date 08/06/2021

New research with 150 European pension funds with a combined AUM of $213 billion, reveals that they anticipate the price of precious and industrial metals to increase.

Glue42 And Deephaven Join Forces To Manage Pre-Trade Risk At Top 10 Hedge Fund - Partnership Creates Perfect Storm For More Accurate And Actionable Analytics By Leveraging Deephaven’s User Interface And Glue42’s Integration Capabilities.

Date 08/06/2021

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Deephaven Data Labs, a start-up that provides capital markets participants with a next-generation data platform, are collaborating to reveal actionable insights from massive datasets. Initial use cases include more effective management of pre-trade risk and regulatory compliance for users across trading, risk and compliance desks.

Kompli-Global Challenges Businesses In The Payments And Wider Financial Services Sector To Enter The Tent And Beat The Fraudsters In A ‘Bake-Off’ - The Great Kompli-Global KYB Bake-Off Is Designed To Highlight How Fraudsters Are Avoiding Detection By Analysts Potentially Not Having All The Right Fraud Prevention Ingredients

Date 08/06/2021

With fraudsters becoming increasingly smarter and more collaborative in trying to get round those systems with the weakest links to commit their fraudulent crimes, now more than ever is the time for payments and wider financial services businesses to ensure they have all the right ingredients to stop fraud.

Bank Of England Publishes The Key Elements Of The 2021 Biennial Exploratory Scenario: Financial Risks From Climate Change

Date 08/06/2021

The Bank of England (Bank) has today published the Climate Biennial Exploratory Scenario (CBES) to explore the financial risks posed by climate change for the largest UK banks and insurers (participants).

G7 Leader's Background Briefing Book Launches Ahead Of Cornwall Summit

Date 08/06/2021

• G7 leaders gather this June for the Cornwall Summit
• The United Kingdom as host has prioritised spearheading the global coronavirus recovery and tackling climate change, among other areas
• The latest summit briefing book, G7 UK: The Cornwall Summit, features high-profile voices on the world's most pressing challenges

Varma Invests EUR 230 Million In State Street’s Sustainable Climate Bond Funds

Date 08/06/2021

Varma invested EUR 230 million in the Sustainable Climate Corporate Bond Funds of the world's third-largest asset manager State Street Global Advisors. The funds aim to achieve a significant reduction in investors’ exposure to carbon emissions and allocate capital to fund the transition to a low carbon economy. Varma is a seed investor in State Street’s new index funds, as they help Varma achieve its own climate-related targets.

Moscow Exchange: Risk Parameters Change For The Security BIIB-RM

Date 08/06/2021

As per the Securities market risk parameters methodology, on 08.06.2021, 09-17 (MSK) the upper bound of the price band (up to 29515 rub.) and initial margins (up to 25.6%) for the security BIIB-RM were changed. New values are available here