News Centre

Aligning Registered Investment Advisor Technology Use And Custodial Priorities - Aite Group Expects The Regulatory Landscape To Help Accelerate The Development Of More Collaborative Client-Facing Technologies, Which Will Better Align With Advisor Needs.

Date 25/02/2020

Custodians continue to focus on enhancing their long-term value proposition in an environment in which the economics of transactions, investment products, and advisory models are compressing. In the midst of this economic upheaval in wealth management, custodians and vendors are overlooking the immediate problems that advisors have with existing technology and how they are spending their time. Aligning Registered Investment Advisor Technology Use and Custodial Priorities, the newest Aite Group report, explores advisor demographics, time allocation, the use of business applications, technology pain points, and potential solutions. 

SSY Futures Invests Further In Metals

Date 25/02/2020

SSY Futures is strengthening its team with the appointment of Jake Constable as Senior LME Broker. Jake joins from FC Stone and Toyota Tsusho Metals Limited where he spent the last eight years helping build their LME businesses.

Statement On UK Financial Conduct Authority Data Breach

Date 25/02/2020

The FCA was recently made aware that, in a response to a Freedom of Information Act request published on our website in November 2019, certain underlying confidential information may have been accessible. The response related to the number and nature of new complaints made against the FCA and handled by the Complaints Team between 2 January 2018 and 17 July 2019. The publication of this information was a mistake by the FCA.

Dubai Financial Services Authority Fines Company USD 105,000 for Unauthorised Activity - Enness Limited Acted Outside The Limits Of Its DIFC Representative Office Licence

Date 25/02/2020

The Dubai Financial Services Authority (DFSA) today announced that it has fined Enness Limited (Enness DIFC), a DIFC Representative Office. The DFSA fined Enness DIFC USD 105,000 (approximately AED 386,000) for engaging in unauthorised activity outside the scope of its Representative Office DFSA Licence.

Securities Commission Malaysia And Bursa Malaysia Announce The Setting Up Of A Regulatory Subsidiary

Date 25/02/2020

The Securities Commission Malaysia (“SC”) and Bursa Malaysia Berhad (“Bursa Malaysia”) today announced that Bursa Malaysia will establish a wholly-owned subsidiary to assume the regulatory functions currently undertaken by Bursa Malaysia (“Bursa RegSub”).

TriOptima Expands triResolve Margin To Offer SWIFT Payment Infrastructure

Date 25/02/2020

TriOptima, a leading infrastructure service that helps to lower costs and to mitigate risk in OTC derivatives markets, today announced that it is extending its award-winning triResolve Margin collateral management service to support automated SWIFT payment capabilities.

Blockchain Security Company CoolBitX Raises USD $16.75 Million Series B Funding Round - Investment Round Was Led By SBI Crypto Investment Co., Ltd., With Monex Group, BitSonic, And The National Development Fund Of Taiwan In Participation

Date 25/02/2020

CoolBitX, a blockchain security company that is building the infrastructure necessary to close the gap between the mainstream market and crypto industry, announced today that it has closed USD $16.75 million in its Series B funding round, led by Japan’s financial group SBI Holdings, with participation from  the National Development Fund of Taiwan, Korean crypto exchange BitSonic, and another Japanese financial group Monex. With this funding, CoolBitX lays down its strategy for 2020: Having rooted its market dominance in Asia, CoolBitX is expanding the Sygna product line’s presence beyond the APAC region as the first-to-market FATF-compliant solution for virtual asset service providers (VASPs) around the world. Regarding bluetooth enabled hardware wallet CoolWallet S, CoolBitX continues to innovate its flagship product with focus on top-of-the-line security, functionality, and usability.

GFH Financial Group Rings Market-Opening Bell At Nasdaq Dubai To Celebrate Listing USD 300 Million Sukuk

Date 25/02/2020

• Bahrain-based institution lists its debt issuance on region’s international exchange
• Dubai maintains its momentum in attracting regional and international Sukuk

HANetf Hits Quarter Billion Dollars In AUM

Date 25/02/2020

• HANetf reaches $250 Million AUM milestone
• White-label platform founded in 2017 by ETF industry pioneers Hector McNeil & Nik Bienkowski
• HANetf sees 2020 start with two ground-breaking ETF launches

genesis Bolsters Commercial Team, With The Appointment Of Global Head Of Sales & Marketing - genesis, The International Capital Markets Software Firm, Has Appointed Felipe Oliveira As Global Head Of Sales & Marketing, Following A Sustained Period Of Growth And Investment.

Date 25/02/2020

Felipe Oliveira will be instrumental in delivering genesis’ mission to help the capital markets community innovate at speed. genesis works with a wide range of financial institutions including buy-side, sell-side, execution venues and clearing houses, providing a Low Code Application Platform, built specifically for capital markets. The platform enables the creation of products and solutions without having to write substantial lines of code, making the development of solutions much faster and much simpler. It is the only platform capable of supporting the requirements of capital markets by building solutions that are highly resilient, scalable and performant.