The UK will push ahead with the move to a T+1 settlement cycle for securities trades by the end of 2027, regardless of whether the European Union makes the switch at the same time.
Finextra this week released new research investigating how institutions globally are tackling the mounting issue of trade-based financial crime (TBFC).
French software house NeoXam has acquired EZOPS, a provider of AI-enabled data control, workflow automation, reconciliation, and regulatory reporting technology.
South East Asia's second-largest bank, OCBC, is to invest $500 million in Punggol Digital District (PDD), with the set-up of a new 430,000 sq ft innovation hub and a multi-million dollar strategic partnership with Singapore Institute of Technology (SIT).
French software house NeoXam has announced plans to acquire EZOPS, a provider of AI-enabled data control, workflow automation, reconciliation, and regulatory reporting technology.
Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the businesses they finance , according to a Large Language Model ranking developed by Climate X and Climate Proof.