News Centre

GLEIF Launches New Stakeholder Group To Accelerate The Integration Of LEIs In Digital Certificates - Certification Authorities And Trust Service Providers From Across The Globe Collaborate With GLEIF To Advance Trust And Transparency Across The Digital Identity Ecosystem

Date 11/03/2021

The Global Legal Entity Identifier Foundation (GLEIF) has announced a new collaboration with Certification Authorities (CAs) and Trust Service Providers (TSPs), to drive the use of Legal Entity Identifiers (LEIs) within digital certificates.

Hong Kong Securities And Futures Commission: Market Misconduct Tribunal Sanctions Magic Holdings International Limited And Its Directors For Late Disclosure Of Inside Information

Date 11/03/2021

The Market Misconduct Tribunal (MMT) has fined Magic Holdings International Limited (Magic) and five of its directors a total of $4 million after they were found to be culpable of late disclosure of inside information on L’Oréal S.A.’s (L’Oréal) proposed acquisition of Magic in 2013.

Over Half Of Financial Institutions Admit LIBOR Transition Plans Delayed By Covid-19 - Despite December 2021 Deadline 40% Of Companies Haven’t Started Planning Or Have Only Been Planning For Less Than A Year

Date 11/03/2021

A research report from SDL, part of RWS Holdings plc, highlights the immense pressure that major financial services organizations are under to ensure they are ready to transition away from the London Inter-bank Offered Rate (LIBOR) – which underpins approximately $400 trillion worth of contracts – by the end of 2021.

Murex And DDCAP Group™ Announce Platform Integration, Facilitating Transactions For Islamic Financial Market Participants - Partnership Streamlines Automated Bookings, Processing For Rapidly Extending Market Footprint Across Middle East And Southeast Asia

Date 11/03/2021

Murex, the global leader in trading, risk management and processing solutions for capital markets, is pleased to announce a significant partnership and platform integration with DDCAP Group™ (“DDCAP”), a leading provider of asset facilitation and trade execution services, which will streamline booking and processing of Sharia compliant transactions by financial institutions worldwide.

Transfer Of UBS MTF Operation To UBS MTF Limited (Formerly UBS O'Connor Limited)

Date 11/03/2021

Subject to regulatory approval, UBS plans to transfer the operation of UBS MTF from its current operator, UBS AG, London Branch (UBS AGLB) to a separate company within UBS Group, UBS MTF Limited.  UBS MTF Limited will be a wholly owned subsidiary of UBS AG.  This entity is an FCA- regulated UK incorporated company registered in England and Wales with Company Number 02140296 and LEI 54930036444TZ5UWTY74. 

Karen Tierney Joins ALPIMA As Chief Product Officer

Date 11/03/2021

ALPIMA, the SaaS platform for investment management and product design, has appointed Karen Tierney as Chief Product Officer. A member of ALPIMA’s leadership team, Karen is responsible for ensuring ALPIMA’s strategy and product build up is aligned with customer needs and that new capabilities are prioritised, planned and executed effectively.

Avelacom Becomes A Low Latency Connectivity Provider For The London Metal Exchange (LME)

Date 11/03/2021

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has become a connectivity provider for the LME, supporting LME members to use cross-market trading strategies more efficiently.

Hudson Fintech Launches Trade Hospital - New Post Trade Flow Optimiser Module Intelligently Manages Trade Processing And Reduces Costs

Date 11/03/2021

Hudson Fintech, the London-based Capital Markets technology firm, today announced the launch of Trade Hospital. A key component of the Hudson Edge technology platform, Trade Hospital acts as an advanced workflow management service which filters, aggregates and reconciles trade messages before sending optimised submissions to back office systems for confirmation and settlement.

Crédit du Maroc, Part Of Crédit Agricole, Selects Temenos For Digital Transformation

Date 11/03/2021

• Temenos prepares Crédit du Maroc for future growth by simplifying core banking systems and help the bank take products faster to market
• Temenos Transact will lower operational cost to service its customer base and grow sustainably

Axxsys Consulting Supports Leading Nordic Life Insurance Company Velliv Pension And Livsforsikringsselskab With Successful Implementation Of New Investment Management Platform

Date 11/03/2021

Axxsys Consulting, part of the Alpha Group, is excited to announce the successful implementation of one of the industry’s most comprehensive investment management platforms for Velliv, one of the largest life insurance companies in Denmark. The Go-live marks a successful delivery of a 24-month change programme where Axxsys assisted the Velliv team providing its full range of change and implementation services.