Fiserv and the Co-operative Bank expand relationship in readiness for open banking LeapRate

October 22, 2018 BY Valentina Kirilova

Fiserv and the Co-operative Bank expand relationship in readiness for open banking

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced a newly expanded agreement with The Co-operative Bank to provide more flexibility for customers to choose how they conduct their everyday banking in relation to the European Union’s Second Payment Services Directive (PSD2). The bank will implement FinKit™ for Open Banking…

October 19, 2018 BY Valentina Kirilova

Monex teams up with Shizuoka Bank to launch financial instruments intermediary services

Monex, Inc. has announced that it has signed a financial instruments intermediary service agreement with The Shizuoka Bank, Ltd. (Shizuoka City, Shizuoka Prefecture; Hisashi Shibata, President) and will begin offering the bank’s customers financial products and services, including domestic equities, as of Friday, October 19, 2018. Shizuoka Bank, which has entered into a capital and…

October 19, 2018 BY Valentina Kirilova

MUFG Union Bank to acquire Intrepid Investment Bankers

MUFG Union Bank, N.A. has announced it has signed a definitive agreement to acquire Intrepid Investment Bankers, a Los Angeles-based regional middle market investment banking firm. Following the close of the transaction, which is subject to regulatory approval and other customary closing conditions, Intrepid Investment Bankers will operate under its current name as a subsidiary…

October 18, 2018 BY Valentina Kirilova

CLS Group's trading volumes up 8% MoM in September

CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of September 2018. The average daily traded volume submitted to CLS was USD 1.729 trillion up 7.7 percent from USD1.605 trillion in August 2018. Last month the company announced that Chief Executive…

October 18, 2018 BY Valentina Kirilova

Solactive opens a new Hong Kong office

German Index provider Solactive AG has just announced that, in addition to the successful establishment of its Toronto office in January 2018, the company has now set up its second international business entity in Hong Kong. The new office houses a dedicated team of professionals who provides customized indexing solutions for ETFs and other index-linked…

October 17, 2018 BY Valentina Kirilova

DLT can support trading volumes in the US equity markets: DTCC

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has announced the results of a benchmark study which demonstrated for the first time ever that distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100…

DZ PRIVATBANK migrates to Itiviti multi-asset OMS platform

October 16, 2018 BY Valentina Kirilova

Capital Crux joins Itiviti’s Global Alliance Programme

Itiviti, the global provider of multi-asset trading technology and financial infrastructure, has announced a new partnership with Capital Crux, a Hong Kong based digital consulting firm with its headquarter in Shanghai. Capital Crux has joined the Itiviti Global Alliance Programme (GAP) as a Business Introducing Partner (BIP), supporting Itiviti’s business development efforts in mainland China.…

October 16, 2018 BY Valentina Kirilova

CME Group reports strong Asia growth in Q3 led by equities and FX

Derivatives marketplace CME Group (NASDAQ:CME) has announced that it achieved Asia Pacific quarterly average daily volume (ADV) of 726,000 contracts in the third quarter of the year, up 4% from the corresponding period last year. This was driven largely by a strong performance in Equity and FX products, up 41 percent and 36 percent respectively.…

CME Group completes acquisition of NEX Group

October 15, 2018 BY Valentina Kirilova

CME Group receives DOJ clearance for proposed NEX acquisition

Derivatives marketplace CME Group (NASDAQ:CME) has announced that it has received clearance under the Hart-Scott-Rodino Act from the United States Department of Justice - Antitrust Division for its proposed acquisition of London listed NEX Group plc (LON:NXG). CME and NEX have announced earlier this year that CME will be buying NEX in a £3.9 billion (USD $5.4…

October 10, 2018 BY Valentina Kirilova

Orvium recognised as Standard Technology Partner of Amazon Web Services Partner Network

Orvium, the first decentralized social platform for scientific collaboration, funding and publications management based on Blockchain and Artificial Intelligence, has today announced that it has been recognised as a Standard Technology Partner of the Amazon Web Services (AWS) Partner Network, enabling the organisation to provide software solutions that are integrated with the AWS Cloud. The…

Category: Institutional