Category: Fintech

The move aims to streamline operations, reduce complexity, and enhance efficiency for ODDO BHF’s fund assets. Euroclear, which provides post trade services, said in its press release that by utilising FundsPlace, ODDO BHF will benefit from centralised distribution processes and automated trailer fee collection, optimising revenue while mitigating operational risks. Euroclear’s platform supports over 3,000…

The transaction, valued at $46 million, reflects a revenue multiple of approximately 7.5 times, underscoring the strategic significance of the deal. BGC Group explained in its press release that Capitalab specialises in rates portfolio compression and margin optimisation, critical components in streamlining trading operations.  BGC will retain its post-trade foreign exchange risk reduction business, previously…

The company said in its press release that the collaboration aims to simplify and accelerate the onboarding process for sell-side clients, reducing operational risks and costs. They explain that by integrating LTX with TransFICC's One API for eTrading platform, dealers are able to swiftly and efficiently connect to LTX's innovative RFQ+ trading protocol, with the…

This latest funding round, led by Citi and including increased participation from State Street, will fuel Capitolis' continued expansion across both its Capital Marketplace and Portfolio Optimisation divisions.  The company, which says it aims to create “safer and more dynamic capital markets,” added that each bank will invest $5 million and will join the company's…

The fintech firm said the advancements are designed to revolutionise global trading operations for structured products, letting financial institutions quote hundreds of thousands of products across multiple markets and distribution channels simultaneously. "This transformative development marks a significant leap forward in simplifying and optimizing trading for structured products," commented Konstantin Romanov, Global Head of Principal…

The new license enables Revolut to offer trading services on UK and EU-listed stocks and ETFs to its millions of customers. The move comes after Revolut has already made strides in the investment space, offering US stock trading since 2019. With the new license, the company aims to further diversify its product range and cater…