The Group noted that Quantile's services will be available on an Open Access basis that will continue to offer customers the choice of where to clear, compress and optimise their trading activity. LSEG added that Quantile will preserve its independence within LSEG's Post Trade division and report to Daniel Maguire, LSEG's Group Head of Post…
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LSEG also reported an increase demand for data analytics and post-trade services. Data & Analytics revenue grew 6% and post trade revenue jumped 11.5%. The post trade income reached 218 million for the third quarter, 2.3% higher than the same period the previous year. David Schwimmer, CEO said: The Group has delivered a strong Q3…
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Isabelle Girolami, CEO LCH Ltd, commented: I am delighted Ivan is joining Christophe and I. He brings with him over 20 years of experience in equities within the industry and at LSEG. This is an exciting time for the group and I look forward to working with him to develop EquityClear further into new markets…
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Adam Toms, European CEO of OpenFin, commented: We are witnessing a continued shift towards more collaborative mindsets and platforms. With forward thinking firms such as Turquoise working with the industry to create solutions that make the financial desktop more intuitive, automated and powerful, firms can unlock the true potential of interoperability and contextual workflows on…
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LSEG has locations in London and Singapore and its customers and partners around the globe assist in the application of strategic analysis, emerging technology, data science and design thinking to solve demanding problems faced by the financial industry. The Singapore unit delivers a combination of data science, data engineering, design thinking and Environmental, Social and…
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This provides an EBITDA margin of 49.4% for H1 2021, which is an improvement on the H1 2020 figure of 46.5%. Despite a constant currency variance increase in operating expenses, the more significant increase in revenue and income means the EBITDA has shown an improvement for the 2021 first half of the year. Expenses are…
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CM Grover, Managing Director and CEO at IBSFINtech commented: We are thrilled to enter into this strategic partnership with Refinitiv to support the corporate treasury industry in India as it continues to evolve. With our SaaS TMS, InTReaX™ powered by Refinitiv data and analytics, we envision strengthening every corporate treasury helping to transform the strategic…
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The governor of the Bank of Korea suggested that cryptocurrency trades from South Korean citizens are a potential threat to the country’s financial system. Increased trading of virtual assets – known for their volatile pricing – is threatening to leave the nation’s financial system at risk of instability, according to the Governor of the Bank…
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Andrea Remyn Stone, Chief Product Officer, Data & Analytics stated: As the global financial community faces rapid change, we are uniquely positioned to partner with our customers to deliver the innovative data, analytics and investment insight solutions they need. Craig will operate in an advisory capacity until the end of his term. David Craig, Group…
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Apifiny announced the appointment of ex-Goldman Sachs Vice President, Jason Jiang, as its latest Chief Technology Officer. The latest appointment at the crypto mining firm is the latest in a trend of veteran executives in the financial industry joining rapid-growth digital asset companies seeking a fast solution to the growing demand from retail and institutions…
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