News Centre

DTCC Acquires Sapient’s Platform For Compliance Management Reporting To Create Industry’s Most Comprehensive Pre And Post Trade Reporting Solution Globally - DTCC Plans To Integrate CMRS with DTCC Report Hub To Enable Firms To Manage Pre And Post Reporting Processes

Date 08/12/2020

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced its acquisition of Publicis Sapient’s Compliance Management Reporting System (CMRS), which will be integrated with the DTCC Report Hub service to create the industry’s most comprehensive pre and post trade reporting solution. 

Pico Names Intel Capital As New Investor And Completes $135 Million Investment Round – Pico Will Benefit From Intel Capital’s Strong Expertise In Disruptive Technology

Date 08/12/2020

Pico, a leading provider of technology services for the global financial markets community, today announced it recently closed on a strategic investment with Intel Capital, Intel Corporation’s global investment organization.  This completes Pico’s $135M Series C investment round that will be used to further fuel Pico’s global growth and expansion plans.  

SEC Orders BlueCrest To Pay $170 Million To Harmed Fund Investors

Date 08/12/2020

The Securities and Exchange Commission today announced that UK-based investment adviser BlueCrest Capital Management Limited has agreed to pay $170 million to settle charges arising from inadequate disclosures, material misstatements, and misleading omissions concerning its transfer of top traders from its flagship client fund, BlueCrest Capital International (BCI), to a proprietary fund, BSMA Limited, and replacement of those traders with an underperforming algorithm.  The SEC will distribute the $170 million to harmed investors.

Eurex In Asia – A Success Story With Further Growth Potential

Date 08/12/2020

Eurex is continuously striving to extend its footprint in Asia. Recent examples are the extension of trading hours into the Asian time zone, a broad range of MSCI index derivatives on Asian underlyings and several co-operations. We talked to Michael Peters, CEO of Eurex, and Randolf Roth, Member of the Executive Board of Eurex responsible for Equity and Equity Index globally, about the strategic drivers behind this strong commitment to Asia.

Fiserv Provides Preliminary 2021 Outlook And Expectations For Medium-Term Financial Performance At Its Investor Conference - Company Provides Preliminary 2021 Outlook Of 7% To 12% Internal Revenue Growth And Adjusted EPS Growth Of 20% To 25% - Company Expects Medium-Term Internal Revenue Growth Of 7% To 9% And Adjusted EPS Growth Of 15% To 20% - Company Affirms 2020 Financial Outlook

Date 08/12/2020

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, will host a virtual Investor Conference today beginning at 8:00 a.m. CST. The event will feature presentations from Fiserv senior management and include an overview of its strategic and growth plans for the next several years. In conjunction with the event, the company is providing preliminary 2021 financial outlook and financial expectations and outlook for the medium-term horizon (2022 and 2023).

Data Collection Under REMIT Information System Unavailable, Expected To Resume On 11 December

Date 08/12/2020

ACER is currently experiencing technical issues with its REMIT Information System (ARIS) and has been unable to collect the data according to REMIT since 3 December 2020, 22:00 Ljubljana time.

EDI Challenges New CME Fees As Anti-Competitive And Illegal

Date 08/12/2020

Challenger data provider, Exchange Data International (EDI), has written to the CFTC, the heads of the relevant Committees of the US House of Representatives, and the US Senate – which oversee the CFTC – requesting they investigate the CME Group’s (CME) plans to charge for what has always been a no-fee service. Legal advice taken by EDI views the CME’s new fee policies as illegal, anti-competitive, and extremely disruptive. If the CME is allowed to proceed with its actions, the practical impact will be devasting for redistributors of the data, especially the small and mid-sized vendors.

"FinTech For An Inclusive Society And A Sustainable Planet" - Remarks By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, At Singapore Fintech Festival 2020 On 8 December 2020

Date 08/12/2020

Welcome to the fifth edition of Singapore FinTech Festival and SWITCH.

• More than 60,000 participants from over 130 countries have joined us in the world’s first week-long-round-the-clock hybrid digital and physical event.
• Let me also welcome participants of the Milken Institute Asia Summit joining us.

FTSE SET Index Series December 2020 Semi-annual Review

Date 08/12/2020

• Two additions to the FTSE SET Large-Cap Index
• Five additions to the FTSE SET Mid-Cap Index
• 14 additions to the FTSE SET Shariah Index

SET Market Report For November 2020

Date 08/12/2020

Stock indices across the globe rebounded significantly in November due to the U.S. 2020 election win by the Democrat Party, whose policy gearing toward promoting global trade cooperation, triggering stock market analysts to anticipate sooner-than-expected recovery of global economy and commodities prices. Notably, positive developments of Covid-19 vaccine conducted by leading pharmaceutical firms have accelerated the rebound.