News Centre

Canadian Pensions Buoyed By Positive Performance In Equity Markets: RBC Investor & Treasury Services

Date 29/10/2020

As economies reopened, Canadian DB pensions in the RBC Investor & Treasury Services All Plan Universe weathered the pandemic-induced slowdown and continued the forward momentum from Q2, gaining a median 3.0 per cent in Q3. The median year-to-date return for Canadian DB plans stood at 5.2 per cent for the period ending September 30, 2020.

Intercontinental Exchange Approves Fourth Quarter Dividend Of $0.30 Per Share

Date 29/10/2020

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced today a $0.30 per share dividend for the fourth quarter of 2020, which is up 9% from the $0.275 per share dividend paid in the fourth quarter of 2019. The cash dividend is payable on December 31, 2020 to stockholders of record as of December 16, 2020. The ex-dividend date is December 15, 2020.

Morgan Stanley, Piper Sandler Top Financial Advisers By Value, Volume In Financial Services Sector During Q1-Q3 2020, Finds GlobalData

Date 29/10/2020

Morgan Stanley and Piper Sandler were the top financial advisers for mergers and acquisitions (M&A) in the global financial services sector by value and volume, respectively, during Q1-Q3 2020. A total of 2,250 M&A deals were announced in the financial services sector during the period, according to GlobalData, a leading data and analytics company.

UK Financial Conduct Authority To Participate In GFIN Cross-Border Testing Of Financial Products And Services

Date 29/10/2020

The FCA will be among 23 regulators across 5 continents taking part in the cross-border testing initiative organised by the Global Financial Innovation Network (GFIN).

EEX Responded To The European Commission’s Public Consultation On A Carbon Border Adjustment Mechanism

Date 29/10/2020

EEX welcomes the Green Deal and increase of the 2030 ambition as a pivotal step for Europe to achieve climate neutrality and assert its role as global climate action leader. Energy markets, and in particular power and emissions markets, will be a key instrument in delivering on Europe’s long-term climate ambitions.

ECB Governing Council Press Conference - 29 October 2020

Date 29/10/2020

Nodal And IncubEx To Expand Environmental Markets With Seven New Renewable Contracts

Date 29/10/2020

Nodal Exchange and IncubEx today announced the upcoming launch of seven new Renewable Energy Certificate (REC) futures and options on November 17, 2020.

Transcend Raises $10 Million To Meet Surge In Demand For Optimization Of Collateralized Businesses

Date 29/10/2020

Transcend, a leader in business optimization for financial firms, has closed its Series A financing, limiting the raise to $10 million after over-subscription by potential investors. The financing round was led by Nyca Partners, a leading fintech venture capital firm, with support from a major global custodian bank. Proceeds will be used to rapidly scale product and sales infrastructure to meet growing demand from Transcend’s client base, which has more than doubled in the past two years to include 10 of the world’s largest banks and brokerage firms. 

Strategies To Enhance European Wealth Management In Uncertain Times - FIs In Europe Will Focus On Eliminating Operational Inefficiencies Across The Value Chain Going Into 2021, According To The Latest Aite Group Report

Date 29/10/2020

The sharply advancing technology landscape has always been an opportunity and a challenge for private banks and wealth managers in Europe. But the COVID-19 pandemic has snowballed the industry’s adoption and usage of wealth management technology out of dire need. It is now obvious to even the most die-hard naysayers that digital is no longer an ancillary side strategy or business line within wealth management. It is firmwide, strategic, and an inseparable enabler of doing business. A new Aite Group report, Strategies to Enhance European Wealth Management in Uncertain Times, examines how financial institutions in Europe need to take a long-term view and shape their digital and operating agendas, and incorporate a business model that is fit for the uncertain future and profitable as well.

Synechron Launches The Next Wave Of Digital Innovation For The Investment Management Industry With Its New InvestTech Accelerator Program

Date 29/10/2020

Synechron, Inc., a leading Digital Transformation Consulting firm for the financial services industry, has today announced the launch of its InvestTech Accelerator program built for the investment management and asset management sector of the financial services industry. This is the eighth Accelerator program that Synechron has launched in the last five years and offers five real-world solutions that meet the growing demands and address the pain points of the institutional investment management industry. Current challenges include shrinking margins, the need to create operational efficiencies, addressing risk management issues and meeting the growing demand for personalized investment services. These new Accelerator solutions respond to the need for evolving technologies and digitized ways of working with and for clients, as well as automating processes for buy-side firms that include tracking regulatory compliance requirements.