Tradeshift, the world’s biggest business commerce platform, has partnered with CreditEase to deliver a trade financing app that will bring low-cost financing to millions of businesses in China. CreditEase, the largest peer-to-peer lender in China (and globally), can now deliver accounts receivables financing to millions of fast-growing small and medium enterprises (SMEs).

Today Cobalt DL, the FX post-trade processing network based on distributed ledger technology, announced a partnership with LMRKTS, who will be the first firm to offer services on its revolutionary BlueSky service, the shared ledger component of Cobalt’s platform. 

Today Neptune Networks Ltd., the fixed income market network for pre-trade indications in bonds, reported that it has completed connectivity to FlexTrade’s buy-side EMS platform, FlexTRADER, to distribute high quality, pre-trade data to assist investors with liquidity and price discovery within existing workflows.

I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive.  They were referring to Clayton Christensen’s innovator’s dilemma discussions, where Professor Christensen points to different markets that were destroyed by disruptors.  Those markets include the American car industry, destroyed by cheaper Japanese car manufacturing; the fixed line telephone firms destroyed by cellphone makers; the mainframe computer industry destroyed by the PC disruptors; and more.

Rubbish.

Basel, the Global Legal Entity Identifier Foundation (GLEIF), the organization responsible for ensuring the operational integrity of the Global Legal Entity Identifier (LEI) System, calls on market participants that will have to comply with the forthcoming European Union (EU) revised Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR) to obtain an LEI as soon as possible. Failure to obtain an LEI (by the firm or its client) in time will prevent firms from being able to comply with the reporting requirements applicable in the EU as of 3 January 2018.

Emily Coltman FCA explains the upcoming changes to tax law that might affect you and your business in the new tax year.

1.The “limited cost trader” rate

Mirasys Ltd., one of the leading suppliers of open platform Video Management and Visual Intelligence Solutions, introduces a new generation video management system: Mirasys VMS V8. The new V8 scales more than ever to different size environments, meets customers’ demanding versatile needs and offers several additional applications that improve the efficiency of customers’ daily operations. Mirasys V8 includes three different product variants: Ikon, Entegra and Stratos. Entegra is already available in March, 2017 and the other two variants will be available in the autumn, 2017.

Diebold Nixdorf (DBD) is demonstrating a new, innovative banking concept, Essence, that features a sleek, modern design and user interface to advance the future of connected commerce. Powered by software-driven interactions, the intuitive multi-touch functionalities that consumers have come to expect from smartphones and tablets, such as swipe, scroll and smart zoom, enhance and modernize everyday consumer banking transactions.

Telia Carrier announced today that it has included a new point-of-presence (PoP) to its network, providing agile connectivity services for a booming economic sector in Berlin, Germany.

Sibos has reported the host cities for both 2020 and 2021, which will be Boston and Singapore respectively. In 2020, Sibos returns to Boston and will welcome thousands of senior figures from the global financial services and technology communities to the Boston Convention and Exhibition Center (MCCA), one of North America’s largest venues.

It will provide the perfect platform for four days of high-level networking, discussion and debate as Sibos returns to a city renowned for its financial strength, asset management businesses, and science and technology scene.