News Centre

New Chief Economic Adviser To The UK Treasury Appointed

Date 10/05/2023

The Cabinet Secretary, with the approval of the Prime Minister and the Chancellor, has announced the appointment of Sam Beckett as the new Chief Economic Adviser to the Treasury. She replaces Clare Lombardelli, who was recently appointed as the Organisation for Economic Co-operation and Development Chief Economist.

BNP Paribas Asset Management Strengthens Sustainability Centre Capabilities

Date 10/05/2023

BNP Paribas Asset Management (‘BNPP AM’) announces the appointments of two new members of its Sustainability Centre, strengthening its capabilities in stewardship and research into equality and inclusive growth investment themes.

EGX Participates In The Annual Conference Of Arab Federation Of Capital Markets (AFCM)

Date 10/05/2023

The Egyptian Exchange (EGX) participated in the Annual Conference of Arab Federation of Capital Markets (AFCM), one of the biggest events of capital markets in the MENA region, hosted this year by Muscat Stock Exchange on May 9 - 10, 2023.
 

CF Partners Deploys Cassini Systems To Manage Initial Margin

Date 10/05/2023

Cassini Systems, the industry leader of pre- and post-trade margin and collateral analytics for derivatives market participants, announces today its partnership with CF Partners, the leading provider of energy and environmental solutions for companies looking for a low-carbon future, with services including emissions and carbon credits trading. With greenhouse emissions regulations being increasingly adopted by countries around the globe, carbon credits trading is getting increasing attention within commodity markets.

Thai Digital Assets Exchange Joins Forces With RealX And Token X To Develop Digital Token To Keep Pace With The Modern Age Of Investment

Date 10/05/2023

Thai Digital Assets Exchange (TDX) pushes forward promoting fundraising through digital token offerings in line with its strategic plan to simplify investment for entrepreneurs and investors by partnering with Real Estate Exponential Co., Ltd. (RealX) and Token X Co., Ltd. (Token X) to offer fractionalized digital asset. The digital asset product is a solution to make fundraisers and investors easier tap into the digital asset market to cater for a new era of investment. TDX’s first ever digital token is expected to debut this year.

Pzena Investment Management Implements Rimes’ Investment Management Platform Matrix

Date 10/05/2023

• Provides portfolio optimization activities on behalf of clients
• Underpins firm-wide automation goals
• Accelerates time-to-market service delivery capabilities

UK Financial Conduct Authority Warns Of Impending Consumer Duty Deadline

Date 10/05/2023

With fewer than 90 days to go until the start of the Consumer Duty the Financial Conduct Authority (FCA) has urged firms to ensure they are ready for the 31 July deadline.

Countdown To The Consumer Duty, Speech By Sheldon Mills, UK Financial Conduct Authority Executive Director, Consumers And Competition, Delivered At EY: Less Than Three Months To Go Until The Consumer Duty Implementation

Date 10/05/2023

Highlights

• Firms have less than three months to implement the Consumer Duty, which comes into force on 31 July.
• The FCA will prioritise the most serious breaches and act swiftly and assertively where it finds evidence of harm or risk of harm to consumers.
• The Consumer Duty will help the UK financial services industry remain world-leading proponents of financial services, as firms strive to innovate and offer the best to compete for customers. 

TS Imagine Releases Several Next Generation Features Of TradeSmart Fixed Income EMS

Date 10/05/2023

TS Imagine, the leading global, cross-asset class provider of trading, portfolio, and risk management solutions for financial institutions, today announces the availability of several next generation features of its TradeSmart Fixed Income Execution Management System (EMS), all designed to immediately enhance workflow efficiency for traders operating within the $133T global bond market. 

Hanwha Asset Management And Mirae Asset Global Investments Launch Secured Overnight Financing Rate ETFs Tracking Solactive SOFR Index

Date 10/05/2023

Solactive is pleased to announce that Hanwha, in its first engagement with the German index provider, and Mirae, expanding their partnership with the company, each launched a new ETF that tracks the Solactive SOFR Daily Total Return Index1. The products offer an accumulating daily return strategy designed to provide yields in line with the SOFR rate. The aim of the ETFs is to provide a flexible and efficient tool for financial market participants to access the yield.