Category: Financial Services

Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
May 28, 2025 BY Sam Boughedda

Broadridge Partners With Novisto on Data Management and Reporting Platform

The platform is designed to help companies meet the growing global demand for sustainability disclosures. The collaboration combines Novisto’s advanced sustainability reporting technology with Broadridge’s established issuer services, which support over 3,400 U.S. public companies.  Broadridge and Novisto said they will deliver a “unique market-leading suite of solutions” that creates a one-stop shop for sustainability…

Read more
May 27, 2025 BY Sam Boughedda

Devexperts Partners with BridgeWise on Advanced AI Market Analysis

The partnership aims to streamline the decision-making process for traders, eliminating the need to switch platforms or search for research. Through the collaboration, the firm said Devexa now connects with Bridget, BridgeWise’s AI investment research engine, allowing traders to receive real-time equity recommendations, macroeconomic analysis, and fundamental data within the same interface they use to…

Read more
May 26, 2025 BY Sam Boughedda

Former Credit Suisse Vice President Banned By the FCA

Subeva is the third former Credit Suisse banker to be barred for lacking integrity in connection with a corrupt loan scandal involving the Republic of Mozambique.  In May 2019, she pleaded guilty in a US court to conspiracy to commit money laundering, after accepting $200,000 in unlawful kickbacks related to loans arranged for Mozambique. The…

Read more
financial buildings
May 26, 2025 BY Sam Boughedda

Euroclear Bank Joins LCH RepoClear SA as a Member

As a member, Euroclear Bank will now participate in both the specials and €GCPlus segments of the RepoClear SA service, gaining access to Europe’s largest cleared liquidity pool.  The move is expected to deliver capital and operational efficiencies while enhancing Euroclear’s risk management capabilities. GC Plus, the tri-party general collateral repo clearing service developed jointly…

Read more
Cboe Global Markets
May 26, 2025 BY Sam Boughedda

Cboe Europe Announces Addition of London AIM Securities

The inclusion will see AIM-listed stocks available on a range of Cboe platforms, including the Lit and Dark order books, the Periodic Auction book, the Closing Cross (3C), and Cboe BIDS Europe.  The exchange added that the securities will also be reportable as Exchange Trade Reports (ETRs). Cboe confirmed that standard trading hours will apply,…

Read more
Deutsche Börse
May 23, 2025 BY Sam Boughedda

Deutsche Börse’s SimCorp and Clearstream Launch Strategic Partnership

The collaboration aims to provide buy-side firms with access to a broader range of services and enhanced operational efficiency. The first live product of the partnership is a fund data management service delivered through Clearstream’s Kneip platform.  This is said to allow SimCorp clients to outsource the dissemination of fund data, documents and regulatory reporting,…

Read more
May 22, 2025 BY Sam Boughedda

ASX Partners With Beeks Group On New Colocation Infrastructure Service

The service is said to offer customers scalable, secure access to infrastructure directly connected to the Australian Liquidity Centre (ALC), ASX’s data centre located at the heart of the country’s financial markets.  Built on Beeks’ Exchange Cloud platform, ASX said Colo OnDemand provides private cloud computing and high-performance trading infrastructure on demand. Jamie Crank, ASX’s…

Read more
May 22, 2025 BY Sam Boughedda

Worldpay Continues Expansion into Latin America

Furthermore, the company said in a press release that the move enables local merchants to connect with global markets. The payments technology leader already operates in Argentina, Brazil and Mexico. With Colombia now added to its regional footprint.  Worldpay stated that it aims to support both local businesses seeking international growth and global brands targeting…

Read more
Euronext
May 22, 2025 BY Sam Boughedda

Euronext Launches an Offering of Bonds Due 2032

The firm revealed that the offering is being conducted through a private placement to qualified investors only, excluding retail investors.  The bonds will pay a fixed annual coupon of between 1.5% and 2.0%, with interest payable semi-annually.  The initial conversion price will be set 30% to 35% above Euronext’s reference share price on Euronext Paris,…

Read more
FINRA's 2018 volume tops 2017 activity by 87%
May 21, 2025 BY Sam Boughedda

AAG Capital Fined $100k by FINRA

The Florida-based brokerage firm was also ordered to pay $38,591.39 in restitution to affected customers and undertake corrective measures. According to FINRA, between February 2021 and the present, AAG Capital did not implement a system reasonably designed to comply with Regulation Best Interest (Reg BI) when recommending registered index-linked annuities (RILAs) to retail clients.  The…

Read more