News Centre

BIS: The Drivers Of Cyber Risk

Date 20/05/2020

Focus

Information technology (IT) has become indispensable, underpinning economic growth over the past decades. As organisations of all sizes in both the public and private sector become ever more interconnected and reliant on IT products and services such as cloud-based systems and artificial intelligence, they are increasingly exposed to cyber risks - the risk of financial loss, disruption or reputational damage to an organisation resulting from the failure of its IT systems. These episodes include malicious cyber incidents (cyber attacks) where the threat actor intends to do harm (eg ransomware attacks, hacking incidents or data theft by employees).

UBS MTF Market Notice: Reference Data Issue On XUMP

Date 20/05/2020

Please be advised that UBS MTF is currently experiencing a static data issue impacting the Periodic Auction Order Book only. The current Stock Universe has an undefined tick rule ID which will be corrected after-market hours today.

Cappitech Wins Best Compliance As A Service Solution At 2020 RegTech Insights Awards

Date 20/05/2020

Cappitech, a leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, was pleased to be awarded “Best Compliance as a Service Solution” at the 2020 RegTech Insight Awards today.

Kaizen Reporting Wins Best Transaction Reporting Solution At RegTech Insight Awards 2020

Date 20/05/2020

Leading regulatory reporting firm Kaizen Reporting (Kaizen), developer of the multi-award-winning assurance service, ReportShield™, has won ‘Best Transaction Reporting Solution (for MiFID II/ MiFIR/ EMIR)’ at the RegTech Insight Awards 2020. Hosted and run by the A-Team Group, the awards are voted for by industry members and celebrate providers of leading RegTech solutions, services and consultancies.

SteelEye Wins Best Solution For Records Retention At RegTech Insight Awards

Date 20/05/2020

SteelEye, the compliance technology and data analytics firm, has been recognised as the Best Solution for Records Retention in the RegTech Insight Awards 2020. These awards highlight the work of leading RegTech firms in the form of solutions, services and consultancy, with winners selected via a two-step process in which a judging panel selects a shortlist before polls are opened for market participants to vote for their preferred suppliers.

Eventus Systems Wins Best Trade Surveillance Solution For Dodd-Frank Act At 2020 RegTech Insight Awards - Second Consecutive Win In Category And Second Award In Past Week For Validus Platform

Date 20/05/2020

Eventus Systems, Inc.<https://www.eventussystems.com/>, a leading global trade surveillance and risk management software platform provider, was named Best Trade Surveillance Solution for the Dodd-Frank Act at the unveiling of the 2020 RegTech Insight Awards today. The award is the second regulatory technology honor the firm has received within the past week for its Validus platform and marks the second consecutive year it won the category.

Baton Systems Joins U.S. Faster Payments Council

Date 20/05/2020

Baton Systems (“Baton”), a provider of post-trade solutions for capital markets, today announced it has joined the U.S. Faster Payments Council (FPC), an organization devoted to advancing faster payments in the United States. As a member of the FPC, Baton will act as a voting member in the Technology Providers segment on inclusive and collaborative approaches to issues that stand in the way of achieving faster payments.

Dubai Financial Market Company Posts Net Profit Of AED 34.7 Million During The First Quarter Of 2020

Date 20/05/2020

H.E. Essa Kazim underlining performance indicators:

• Trading value increased 19% to AED 14.2 billion and 1018 new investors joined the market
•  Foreign investors’ market share reached to 51% of trading and 18% of market capitalization underline DFM’s continuous attractiveness 
• The implementation of the largest technology upgrade strengthens DFM’s leading position in the region
• DFM’s Smart Borse strategy enabled remote service provision via all-inclusive smart and electronic platforms

ESMA Closed On Thursday 21 And Friday 22 May For A Public Holiday

Date 20/05/2020

The European Securities and Markets Authority (ESMA) is closed on Thursday 21 and Friday 22 May for a public holiday and reopens on Monday 25 May.

Virtu Launches Open Technology, A Data-As-A-Service Platform For Access To Multi-Asset Class APIs

Date 20/05/2020

• Open Technology provides subscribers access to APIs through Virtu’s Portal covering equity, FX, fixed income and futures.
• Curated datasets available for aggregation and analysis or integration with in-house and third-party applications
• Subscribers can write scripts that can range from simple queries that access benchmark and trade data to the detailed analysis of historic transaction cost analysis results