Category: Institutional

August 10, 2017 BY Valentina Kirilova

Nippon Technology Venture Partners, FISCO Capitals, and ABBALab Inc to invest in COMSA ICO tokens and XEM

COMSA raises $9 million in Venture Capital Funds for upcoming Token Crowdsale Tech Bureau, a fintech and cryptocurrency solutions company, announced that leading Japanese VCs vow over $9 million investment in COMSA’s Initial Coin Offering (ICO). COMSA, a complete Initial Coin Offering (ICO) fundraising and cross-chaining platform built on the NEM blockchain protocol, is meant…

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August 10, 2017 BY Valentina Kirilova

Vietnam’s first derivatives market and clearing house goes live in partnership with GMEX Group

GMEX Technologies, a wholly owned subsidiary of GMEX Group, announced the go-live of the first Derivatives market and fully integrated central counterparty (CCP) clearing house in Vietnam. GMEX Technologies has delivered a state of the art multi-asset, multi-language exchange trading system and market surveillance solution with a real-time clearing and settlement system. The project, which…

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August 09, 2017 BY Valentina Kirilova

SIX Swiss Exchange and Nasdaq to develop distributed ledger technology

SIX Swiss Exchange and Nasdaq, Inc. (Nasdaq:NDAQ) today have announced that Nasdaq, in collaboration with its technology partner Chain, will provide distributed ledger technology (DLT) for a Minimum Viable Product (MVP) for SIX’s OTC structured products business. The solution will integrate with several systems currently managed by SIX and utilize the DLT capabilities at the…

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August 09, 2017 BY Valentina Kirilova

INTL FCStone reports 3Q financial results, revenues up 13% YoY

Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL)  today announced its financial results for the fiscal year 2017 third quarter ended June 30, 2017. The highlights include: Operating Revenues up 13%, to $197.6 million Net Income of $12.7 million EPS of $0.66 Sean M. O'Connor, CEO of INTL FCStone Inc., stated: Despite continued depressed volatility…

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August 09, 2017 BY Valentina Kirilova

KCG Holdings reports steady trade volumes in July

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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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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