News Centre

IHS Markit Announces Intent To Acquire Ipreo, A Leading Software Solutions And Data Provider In Global Capital Markets - Combination Will Extend IHS Markit Workflow Products And Put Company At Center Of Large And Rapidly Growing Alternatives Sector - Increases Organic Revenue Growth Profile Of The Company - IHS Markit Also Announces Plans To Sell MarkitSERV, Its Derivatives Processing Business

Date 21/05/2018

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, has signed a definitive agreement to acquire Ipreo, a leading financial services solutions and data provider, for $1.855 billion from private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division.

LMAX Exchange Group Launches The First Institutional Crypto Currency Exchange

Date 21/05/2018

LMAX Exchange Group (“LMAX Exchange”), which operates a leading FCA regulated trading venue, has launched the first physical crypto currency exchange dedicated to serving only institutional clients.

Fifth Annual FTSE Russell Global Institutional Smart Beta Survey - Growing Interest In Multi-Factor, ESG And Education

Date 21/05/2018

• In 2018, 91% of asset owners globally have a smart beta investment allocation, have evaluated or are planning to evaluate smart beta in the next 18 months
• Survey shows a 16% increase in implementation or consideration over past five years, yet more than 50% of asset owners in the US & UK remain uncertain on the best approach
• Use of multi-factor combination smart beta index-based investment strategies by global asset owners has more than doubled since first measured in 2015
• Nearly 40% of global asset owners anticipate applying ESG to a smart beta strategy in the next 18 months – nearly half for performance reasons
• Total assets under management of survey participants estimated at $3.5 trillion globally

Darren Newton Banned By The UK Financial Conduct Authority For Misappropriating Client Money

Date 21/05/2018

The Financial Conduct Authority (FCA) has today published a Decision Notice, which sets out its decision to ban Darren Lee Newton from working in any regulated activity in the financial services sector.

The UK House Of Commons Foreign Affairs Select Committee Russian Money Laundering Report - Comment From Fortytwo Data

Date 21/05/2018

The UK House of Commons Foreign Affairs Committee today published a report, The Moscow's Gold: Russian Corruption in the UK, on the scale of Russian money being laundered in the UK.

Horizon Software Expands Its Footprint In Indonesia

Date 21/05/2018

Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, announced today its intention to expand into the growing Indonesian market during 2018. With the largest economy in Southeast Asia, Indonesia is hugely significant for the development of the region’s financial sector. Horizon has been working closely with a number of institutions in Indonesia’s capital markets and exchange traded funds (ETFs) for some time.

Wells Fargo Asset Management Launches Global Equity Absolute Return Fund - New Fund Broadens The Company’s International Offering

Date 21/05/2018

Wells Fargo Asset Management (WFAM) announced the launch of the Global Equity Absolute Return Fund, a sub-fund of the Wells Fargo (Lux) Worldwide Fund, on 26 April 2018. The new fund broadens the current international product suite. The fund is UCITS (Undertakings for Collective Investment in Transferable Securities) compliant and available to both institutional and retail investors. 

US G-SIB Goes Live On AxiomSL’s Regulatory Platform To Meet Multi-Jurisdictional Capital And Statistical Reporting

Date 21/05/2018

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that an American global systematically important bank (G-SIB) has gone live with AxiomSL’s strategic regulatory platform in the UK, Ireland and the Netherlands.

Block Commodities And FinComEco Joint Collaboration Agreement With Ost To Unlock Consumer Goods, Education And Healthcare For African Farmers Utilising The Blockchain

Date 21/05/2018

Block Commodities Limited and Financial & Commodities Ecosystem (FinComEco), a subsidiary of GMEX Group Ltd, are pleased to announce a strategic partnership with OST, the complete blockchain toolkit for business.

Dubai Financial Services Authority Publishes 2017 Annual Report

Date 21/05/2018

DFSA Publishes its 2017 Annual Report. To view English, please click here and for Arabic click here.