April 06, 2017 BY Valentina Kirilova

ASIC cancels suspended Australian Financial Services licence for failing to lodge annual statements

ASIC has cancelled the Australian Financial Services (AFS) licence of Parramatta-based company Rural & General Insurance Broking Pty Limited (RGIB) for failing to comply with their legal obligations and licence conditions. In particular, ASIC has found that RGIB failed to lodge annual financial statements and auditor's reports for the financial years ending 30 June 2014…

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April 05, 2017 BY Valentina Kirilova

Axioma selected by asset management firm Quoniam

Axioma, a provider of enterprise market risk and portfolio analytics solutions, has extended its relationship with Quoniam, a quantitative asset management firm headquartered in Frankfurt, with more than €26 bn in assets under management. Now with the implementation of Axioma Risk, Quoniam will be able to improve the quality of their daily risk reporting across…

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April 05, 2017 BY Valentina Kirilova

AgriClear announces collaboration with Verified Beef Production Plus (VBP+)

New relationship will promote VBP+ Canadian cattle via web-based platform AgriClear, North America's online transaction and payment platform for cattle buyers and sellers, just announced it is entering into a collaborative marketing agreement with Verified Beef Production Plus (VBP+), a national, industry-led program providing verification of Canadian beef production practices at the farm, ranch and…

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April 05, 2017 BY Valentina Kirilova

Monex Group FX volumes drop continues in March

Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics for the month of March 2017, the decrease from previous months February and January continues. The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 257,717 - down 1.93% MoM.…

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April 05, 2017 BY Valentina Kirilova

SFC fines Guoyuan Securities Brokerage Limited $4.5 million

The Securities and Futures Commission (SFC) just announced that has reprimanded Guoyuan Securities Brokerage (Hong Kong) Limited and fined it $4.5 million for its failure to conduct proper enquiries and scrutiny to mitigate the risks of money laundering and terrorist financing when processing third party fund transfers for clients between September 2010 and July 2012.…

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April 05, 2017 BY Valentina Kirilova

Swiss digital currency company Lykke launches app integration platform

Lykke, a Swiss Fintech company building a global blockchain-powered marketplace, announced that its open-source platform and apps can be integrated to existing products to accelerate performance. The Lykke Accelerator is an exciting step,” says Richard Olsen, founder and CEO of Lykke and former CEO of OANDA. “We’ve spent the last year building a world-class platform,…

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April 05, 2017 BY Valentina Kirilova

Buckaroo chooses Fiserv's anti-money laundering solution

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced today that Buckaroo, a payment solutions provider based in the Netherlands, has selected AML Risk Manager from Fiserv. AML Risk Manager is an anti-money laundering (AML) solution providing advanced customer risk profiling, risk scoring, transaction monitoring and know your customer (KYC) capabilities.…

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