Refinitiv today announced it has launched its leading global electronic trading Matching service in Vietnam, as emerging markets in the Asia region continue to develop their financial markets and digitize FX trading capabilities.

The launch represents Vietnam’s first electronic marketplace for the trading of VND. Matching trades on a T+1 basis which is the most commonly traded value date.

Hardly a day passes without there being a new report on shrinking manufacturing output, increasing costs to business and fears of an emerging global recession. UK manufacturing activity is at its lowest level since July 2012; sales to the EU have dipped as European purchasing managers look closer to home in Brexit uncertainty; and US and Asian orders are falling, too, as signs of a global slow-down emerge.

The impact of these macro events flow down the supply chain to businesses across all UK SME sectors.

Riverbed®, The Digital Performance Company™, today announced that industry veteran David Murphy has been appointed interim CEO, to drive continued momentum for the Company’s Digital Networking and Digital Experience Management businesses.  Murphy is the former President and COO of Blue Coat Systems and the current Riverbed Chairman of the Board and a Thoma Bravo Senior Operating Partner. A search is underway to find a permanent CEO.

SquareBook, the FCA regulated firm offering a transparent, fair and automated way to IPO in modern markets, today announced the appointment of two senior executives to their management team. Senior Banker Barry Wingate joins as Director and will be responsible for helping corporates and their advisors find the most suitable investors by using the SquareBook platform to manage the Initial Public Offering (IPO) process. Fred Huibers, a leading authority on primary market issuance, joins as Advisor, working with issuers to design an auction that works best for their firms.

An interview with Joël Schrevens, Global Solutions Director, China Systems at Sibos 2019

Over half of UK financial services business leaders (56%) are worried their organisation could miss out on the benefits of technological innovation because they haven’t planned radically enough for it, according to Fujitsu’s ‘Driving a Trusted Future in a Radically Changing World’ report.

Finastra has launched Fusion Mortgagebot Data Insights – a powerful new tool that benchmarks mortgage borrower behavior and demographics for banks and credit unions against that of more than 1,400 other Fusion MortgagebotPOS users.

Amsterdam-based software provider, Backbase has increased its global presence by opening an office in Dubai, which will be run by Matthijs Eijpe, Regional Sales Director EMEA at the company. 

The average allocation to CDI eligible assets, such as infrastructure, private and multi-asset credit, has more than doubled since the beginning of 2018, concludes the study. This trend is driven by increasing allocations to infrastructure investments and a reduction in traditional return-seeking investments, such as equities.