Category: Institutional

May 18, 2018 BY Valentina Kirilova

Avelacom launches new Warsaw PoP at Atman Data Center

Global connectivity provider Avelacom just announced that it is expanding its footprint in Warsaw making it easier for latency sensitive clients in the financial services industry to access emerging markets in Europe. Avelacom selected Atman Data Center colocation facility for its established connections with electronic trading ecosystem. Atman has a well-established position as a DC provider…

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May 18, 2018 BY Valentina Kirilova

ANZ to sell its 55% stake in Cambodian JV ANZ Royal Bank

ANZ Bank New Zealand has just announced it had reached an agreement to sell its 55% stake in Cambodian JV ANZ Royal Bank to J Trust, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange. The decision to sell the stake is in line with ANZ Group’s ongoing strategic review of international…

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May 16, 2018 BY Valentina Kirilova

CLS Group April volumes down 4% MoM in April

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of April. It shows a year on year increase of 17.2%. The average daily traded volume submitted to CLS was USD1.777 trillion down 4.2% from USD1.855 trillion in March 2018.   Average daily…

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May 16, 2018 BY Valentina Kirilova

Thomson Reuters launches AI to filter media content in fight against financial crime

Information giant Thomson Reuters (NYSE:TRI) announced that it has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime. Media Check’s machine learning capability…

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May 15, 2018 BY Valentina Kirilova

ADS Investment Solutions licenses new FTSE Russell Saudi Arabia index

Two months after promoting Saudi Arabia to Emerging Markets status, FTSE Russell has announced that it has launched a new Saudi Arabia-focused index. The FTSE ADS Custom Saudi Minimum Variance Index has been developed in collaboration with Abu Dhabi-based international financial services company, ADS Investment Solutions. The index has been licensed by ADS Investment Solutions…

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May 15, 2018 BY LeapRate Staff

FastMatch monthly revenues edge up to €1.7 million in Q1-2018

Financial markets operator Euronext NV (EPA:ENX) has released its quarterly financial report for Q1-2018, indicating healthy growth across most of its business lines, including 16% top line Revenue growth. Euronext indicated that its recently acquired Forex ECN business, FastMatch, also did fairly well in Q1, with FastMatch revenues totaling €5.2 million (USD $6.2 million) in Q1,…

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May 11, 2018 BY Valentina Kirilova

Optimove acquires email personalization tool DynamicMail

Optimove, makers of the Science-first Relationship Marketing Hub, announced that it acquired DynamicMail business from PowerInbox, a leader in email real-time personalization and dynamic subscriber engagement. The first real digital marketing tool, email is still one of the most effective platforms in relationship marketing. That said, there is a huge opportunity to bring the type…

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May 10, 2018 BY Valentina Kirilova

Scotiabank to acquire 51% of Banco Cencosud in Peru

Scotiabank announced that its Peruvian subsidiary, Scotiabank Peru, has reached an agreement with Cencosud Peru to acquire a 51% controlling interest in Banco Cencosud, which offers credit cards and consumer loans in Peru, for approximately CAD $130MM. Under the terms of the agreement, the two companies will also enter into a 15-year partnership to manage…

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May 10, 2018 BY Valentina Kirilova

TP ICAP revenue up 3% in four months period

TP ICAP plc has issued a scheduled trading update in relation to the four month period from 1 January 2018 to 30 April 2018. Revenue in the four months of £601 million was 3% higher than the prior period, consistent with its full year guidance in March. Trading was marked by improved conditions in rates…

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