Despite finding room for improvements in the distribution of wholesale market data, the Financial Conduct Authority has ruled out intervention for fear of "unintended consequences".
Northern Trust, one of the largest asset servicers in the world, has selected FINBOURNE Technology to provide enhanced valuations and reporting capabilities for their enterprise global technology.
nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.
"With the U.S. transition to a T+1 settlement cycle less than three months away, market participants must accelerate their preparations with a focus on enhancing operational efficiencies, including the achievement of same-day affirmation.
The Financial Conduct Authority (FCA) has today committed to carrying out enforcement cases more quickly as the organisation seeks to increase the deterrent impact of its enforcement actions.
Rimes is pleased to announce that Sit Investment Associates has selected its Matrix investment management platform as a crucial part of a firm-wide modernization program.