News Centre

Fintech Adoption Is Driving Wholesale Banking Business Goals

Date 12/03/2019

• Survey show implementation of a institutional fintech solution is helping banks realise their business goals
• The adoption of new technologies is always supported at bank board-level
• However, navigating organisational decision making still remains a challenge for both

Comment By Nigel Driffield, Professor Of International Business, Warwick Buinsess School: UK Government Priority Must Be Preventing 'No Deal' Brexit If PM's Deal Is Rejected

Date 12/03/2019

Ahead of tonight's House of Commons vote on Theresa May's Brexit deal,

Nigel Driffield, professor of international business at Warwick Buinsess School, said: “Those who are saying, “Let’s just get this done,” really mean, “Please make this go away”, because whatever form of Brexit we have will lead to 10 years of negotiations and recriminations.

TickSmith To Power New CanDeal Market Data Hub

Date 12/03/2019

CanDeal, the leading institutional electronic marketplace for Canadian debt and derivatives trading, has selected TickSmith to power its recently-announced market data platform. By deploying the TickSmith Data Pooling Platform, CanDeal is able to more quickly and reliably launch the DataVault Innovations data-as-a-service business.

Connamara Systems Launches New Matching Engine Technology Platform, EP3

Date 12/03/2019

Connamara Systems, a leading provider of exchange matching engine technology, today announced that its EP3 (Exchange Platform 3) technology is live and available. Deployable in a private, public, or hybrid-cloud approach, EP3 enhances performance for small-to-midsize exchanges across a wide range of asset classes, both regulated and non-regulated, providing price transparency and improved liquidity. 

Pico Extends Global Buildout With Strategic New Hires, Additional Offices And Increased Data Center Presence In Asia Pacific (APAC)

Date 12/03/2019

Pico, the leading infrastructure, connectivity, data and cloud technology provider to the global financial services community, is pleased to announce its continued global expansion into the world’s major financial markets with several strategic new hires, additional offices and increased data center presence in Asia Pacific (APAC). 

LCH Expands Non-Deliverable Interest Rate Swaps Offering

Date 12/03/2019

• Brazilian Real, Chilean Peso, Colombian Peso, Taiwan Dollar, and Thai Baht-denominated non-deliverable interest rate swaps now being cleared at LCH
• Bank of America Merrill Lynch, J.P. Morgan, and Standard Chartered among first participants to clear the new products
• Members and clients have cleared all five currencies at launch
• SwapClear now offers clearing for derivatives across 26 currencies

International Financial Entity License Granted For Digital Asset Custodian San Juan Mercantile Bank & Trust

Date 12/03/2019

The San Juan Mercantile Exchange, Inc. (SJMX) and the San Juan Mercantile Bank & Trust International Corp. (SJMBT) today announced that SJMBT has received its license to operate from the Puerto Rico Office of the Commission of Financial Institutions (OCIF).  The license authorizes SJMBT to operate as an International Financial Entity (IFE) under the banking regulations of OCIF, subject to the rules of the Bank Secrecy Act, including all applicable Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

First Meeting Of The UK Prudential Regulation Authority And UK Financial Conduct Authority’s Joint Climate Financial Risk Forum

Date 12/03/2019

On Friday 8 March, the PRA and FCA hosted the first meeting of the Climate Financial Risk Forum (CFRF). The objective of the CFRF is to build capacity and share best practice across financial regulators and industry to advance financial sector responses to the financial risks from climate change.

R.J. O’Brien To Open Paris Office - On Heels Of Record Revenues, Profits, Firm Continues Global Growth Through Innovation, Acquisition

Date 12/03/2019

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that the company has established a new affiliate, R.J. O’Brien France S.A.S., that will open an office in Paris as soon as the end of March, pending regulatory approval. The initiative gives RJO its first foothold in mainland Europe and furthers its strategic global growth initiative, aimed at building on the company’s core offerings.

EDHEC-Risk Institute, KAIST, Princeton, Tsinghua Universities: How Will FinTech Change The Future Of Financial Services?

Date 12/03/2019

In the context of the fourth industrial revolution, the digital revolution, which is expected to have a dramatic impact on the investment industry, EDHEC-Risk Institute, KAIST, Princeton, and Tsinghua Universities, four prominent academic institutions renowned for the quality and relevance of their educational and research programmes in finance and technology have joined forces. Together, they have been hosting a series of rotational conferences on financial technologies to offer a forum to facilitate discussion among all interested parties (academics, practitioners, and regulators) around the world.