CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of April. It shows a year on year increase of 17.2%. The average daily traded volume submitted to CLS was USD1.777 trillion down 4.2% from USD1.855 trillion in March 2018. Average daily…
Read moreCyprus-based FinTech provider ImpacTech has announced that it is about to offer brokers an intelligent enterprise management system, called ImpactCRM. It can be ordered in MetaQuotes' Marketplace of ready-made brokerage solutions for MetaTrader 5. The architecture of ImpactCRM offers out-of-the-box connectivity with 250 payment providers, Back Office Tools, Risk Management Analytics and provides integration with…
Read moreInformation giant Thomson Reuters (NYSE:TRI) announced that it has enhanced its World-Check One platform with the launch of Media Check, a unique media screening and processing feature powered by artificial intelligence (AI) that helps address the regulatory and reputational consequences of overlooking key data in the fight against financial crime. Media Check’s machine learning capability…
Read moreCFH Clearing, the FX liquidity and risk management services arm of Playtech PLC (LON:PTEC), has announced that it has appointed Andy Biggs as Head of Liquidity in a newly created role. Andy Biggs joins CFH Clearing from FCA regulated rival firm IS Prime, where he was Head of Liquidity for the last three years and…
Read moreTwo months after promoting Saudi Arabia to Emerging Markets status, FTSE Russell has announced that it has launched a new Saudi Arabia-focused index. The FTSE ADS Custom Saudi Minimum Variance Index has been developed in collaboration with Abu Dhabi-based international financial services company, ADS Investment Solutions. The index has been licensed by ADS Investment Solutions…
Read moreRisk Focus Inc., the Specialist Provider of Financial and DevOps Services, announced today that it has expanded its footprint in Europe by launching business operations in Frankfurt, Germany, to be run by Alexander Malkmus, an industry veteran with over 20 years of experience in highly-visible client engagements. Having previously worked at Accenture and the Deutsche…
Read moreRegTech software specialist muinmos announced that it has partnered with NorthRow, a complementary RegTech compliance software provider, to offer a powerful combined fully automated solution to support client onboarding in the financial services sector. The integration between muinmos and NorthRow enables financial institutions to undertake all Know Your Client (KYC) and Anti Money Laundering (AML)…
Read moreFinancial markets operator Euronext NV (EPA:ENX) has released its quarterly financial report for Q1-2018, indicating healthy growth across most of its business lines, including 16% top line Revenue growth. Euronext indicated that its recently acquired Forex ECN business, FastMatch, also did fairly well in Q1, with FastMatch revenues totaling €5.2 million (USD $6.2 million) in Q1,…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that the Chairman of the company's Board of Directors, Roger Withers, will step down from his position and from the board at the end of 2018. Mr. Withers will be replaced as Chairman by current SafeCharge board member and longtime Visa and MasterCard…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated broker ITI Capital Limited has posted a larger loss (than last year) of £5.0 million (USD $6.8 million), eating up more than all of the new capital which the company's new ownership group put into the company during the year. (More on that below). Revenues at…
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