Category: Institutional

September 13, 2017 BY Valentina Kirilova

Thomson Reuters strengthens Eikon MiFID II research unbundling compliance capabilities with Visible Alpha

In partnership with Visible Alpha, integrated solutions enable Eikon buy-side clients to manage research capabilities and compliance more efficiently and effectively. Thomson Reuters (NYSE:TRI) announced that, in partnership with Visible Alpha, has launched multiple joint-solutions in its flagship financial desktop Eikon that will help enable financial institutions to further manage impending MiFID II research unbundling…

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September 13, 2017 BY Valentina Kirilova

CDS Clearing and Depository Services moves to T+2 settlement

Canada's financial industry stands to benefit from shortened securities settlement cycle CDS Clearing and Depository Services Inc. (CDS), Canada's national securities depository, clearing and settlement hub, announced the successful transition to a two day securities settlement period, or T+2, from the previous three day period, or T+3. Thursday, September 7, 2017 marked both the final…

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September 13, 2017 BY admin

TradingScreen launches Forex specific EMS platform spin-off

TradingScreen, Inc. (TS) an industry provider of multi-asset electronic trading solutions recently launched BidFX, an Execution Management System (EMS) designed for the $5 trillion daily FX market. The platform matches the proven SaaS based technology from TradeSmart with the ability to connect to all liquidity provided by Banks, nonbanks, and ECNs. "In response to client feedback and…

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September 11, 2017 BY Valentina Kirilova

BNP Paribas AM acquires a majority stake in Gambit Financial Solutions

BNP Paribas Asset Management (BNPP AM) announced that is adding state-of-the-art digital-advisory services to support and enhance the digitalisation of its distributors through the acquisition of a majority stake in Gambit Financial Solutions (Gambit), in line with its objective to further expand its innovative offerings. Gambit, a well-established Belgian Fintech, has developed a unique capability…

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September 08, 2017 BY Valentina Kirilova

Capital One joins Snowflake’s Series D funding round

Snowflake Computing announced that Capital One Growth Ventures, the venture investing arm of Capital One Financial (NYSE:COF), has joined its latest round of growth funding, bringing Snowflake’s Series D round to a total of $105 million. The Series D round was announced in April of 2017, led by ICONIQ Capital and accompanied by Madrona Venture…

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SEC charges nine hackers and traders in Edgar hacking case
September 08, 2017 BY Valentina Kirilova

Equifax announces cybersecurity incident involving consumer information

Consumer credit reporting agency Equifax Inc. (NYSE: EFX) has announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized…

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