KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of June 2017. In Market Making, KCG averaged $28.7 billion dollar volume traded (same as in previous month of June), 9.1 billion shares traded, and 3.4 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 195.8 million…
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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 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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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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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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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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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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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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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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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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