Category: Institutional

August 08, 2017 BY Valentina Kirilova

Fiserv equipping financial institutions with cross-functional marketing analytics solution

Fiserv, Inc. (NASDAQ: FISV) just announced that it is equipping financial institutions to better understand customers and identify marketing opportunities within their customer base through a new marketing analytics solution that is already being implemented by banks and credit unions. Integrator Advance™ offers multiple tools, including research-based segmentation, cross-sell intelligence, campaign management, and reporting, in…

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AcadiaSoft launches sensitivities calculation services
August 08, 2017 BY Valentina Kirilova

AcadiaSoft introduces consulting offerings for regulatory compliance

AcadiaSoft Inc., the provider of margin automation solutions for counterparties engaged in collateral management worldwide, announced the launch of AcadiaSoft Expert Services, a suite of consultative offerings designed to support firms as they comply with new regulations. AcadiaSoft’s ISDA SIMMTM Approval Guidance, a service providing firms a streamlined, expert-driven process to help obtain permission from…

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August 08, 2017 BY Valentina Kirilova

Endo releases Q2 2017 financial results, adjusted EBITDA up 11% YoY

Endo International plc (NASDAQ: ENDP) today reported second-quarter 2017 financial results, including: Revenues of $876 million, a 5 percent decrease compared to second-quarter 2016 revenues of $921 million. Reported net loss from continuing operations of $696 million compared to second-quarter 2016 reported net income from continuing operations of $390 million. Reported diluted loss per share…

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August 08, 2017 BY Valentina Kirilova

Nordea implements Commcise to deliver MiFID II research payment accounting

Commcise, the provider of integrated commission management and research evaluation solutions for investment management firms, has confirmed the successful implementation of CommciseBUY at Nordea Asset Management (Nordea), the asset management division of the largest financial services group in the Nordics. The Commcise solution delivers an end-to-end commission management and research evaluation processing capability to support…

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August 08, 2017 BY Valentina Kirilova

RPMI Railpen to employ Axioma's portfolio optimizer solution

Axioma, a provider of enterprise market risk and portfolio management solutions, announced that has entered into an agreement with RPMI Railpen (Railpen) to supply its portfolio optimization solution. Railpen is the investment manager for the Railways Pension Scheme one of the UK's largest and longest established pension funds. Railpen will use Axioma Portfolio Optimizer to…

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August 08, 2017 BY Valentina Kirilova

N+1 Singer selects Torstone Technology’s MiFIR solution

Torstone Technology, the provider of post-trade securities and derivatives processing, today announced that N+1 Singer, an independent corporate broking, advisory and trading house focusing on small & mid-cap companies, has selected Torstone’s InfernoRC module in order to comply with the transaction reporting obligations of the Markets in Financial Instruments Directive (MiFID II) and its accompanying…

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NZX Carbon Fund (CO2)
August 08, 2017 BY Valentina Kirilova

NZX establishes Clearing Committee

The NZX Ltd (NZE:NZX) today announced the establishment of the NZX Clearing Committee. The establishment of this Committee follows recent changes to the designation order relating to the New Zealand Clearing and Depository Corporation (NZCDC) Settlement System, which were approved by the Financial Markets Authority and Reserve Bank of New Zealand. These changes identify NZX…

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August 08, 2017 BY Valentina Kirilova

LCH and Euronext to sign binding terms for continued provision of derivatives clearing services

LCH, the global clearing house, just announced that it has signed binding terms with Euronext N.V. for the continued provision of clearing services for listed financial and commodity derivatives with LCH SA, the Group’s continental European operating subsidiary. The agreement is expected to be finalised in Q4 2017. New 10-year long-term derivatives clearing agreement for…

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August 08, 2017 BY Valentina Kirilova

Paysafe reports 11% increase in Revenue in 1H 2017

Payments services company Paysafe Group Plc (LON:PAYS) announced its unaudited interim results for the six months ended 30 June 2017. Financial highlights $m H1 2017 H1 2016 Revenue 538.7 486.7 Year-on-year revenue growth 11% 118% Organic constant currency year‐on‐year revenue growth 12% 20% Adjusted EBITDA 169.2 144.2 Adjusted EBITDA margin 31.4% 29.6% Statutory operating profit…

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August 07, 2017 BY Valentina Kirilova

NEX Optimisation expands Harmony messaging network for MIFID II

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has enhanced its existing messaging services to help clients prepare for the 3 January 2018 MiFID II go-live. NEX Optimisation has extended Traiana’s Harmony messaging network to enable participants to exchange additional information to assist with meeting…

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