BMLL Technologies, the cloud-based Capital Markets Data-Engineering-as-a-Service company, today announced the launch of its new Derived Data Service.  The platform enables market participants to consume bespoke metrics derived from the most granular message-by-message exchange data directly into their trading systems both at speed and at scale. 

There is a consistent pattern of disruption in most industries, and surviving in the face of this rising tide means embracing the change, not fighting it. 68 per cent of c-level executives expect their industry to be significantly disrupted by new technology-led innovations in the next three years.[1]

CoinFLEX, the world’s first physically delivered crypto futures exchange, has announced that it secured over $10 million USD in funding this year. Polychain Capital; a premier investor in cryptocurrency protocols and companies and NGC Ventures II, the multi-strategy crypto fund of one of the world’s leading blockchain investment firms, NGC Ventures, were contributors to the raise.

London is still considered as Europe’s largest financial centre; 90 percent of all derivatives traded in euros are transacted in the British capital. This can change with the new Prime Minister Boris Johnson, who ranks as Brexit hardliner. “With Brexit, the European financial industry is facing the biggest transformation since the construction of the EU.

RiskFirst has won the award of the UK’s Most Reputable Risk Reporting Solution as part of CEO Monthly’s 2019 Business Elite programme for its market-leading asset, liability and risk management technology platform, PFaroe.

CEO Monthly’s Business Elite programme recognises the outstanding achievements made by leading firms and individuals from across the globe that have dedicated themselves to innovating, growing and succeeding. Winners are handpicked by CEO Monthly’s in-house research team based on comprehensive analysis and research methods.

According to almost two-thirds of CFOs (65%), digital transformation will result in fewer jobs, despite the fact that 32% of organisations aren’t currently undergoing this change, with 23% not planning to look at digital transformation for at least a year or more, as discovered in the FinTech Barometer 2019, the annual survey by fintech company Onguard

Tens of thousands of financial services businesses are avoiding upgrading their digital systems because they don’t deem digital transformation to be important, research suggests.

Six in 10 (62%) business leaders believe there are other priorities over the next 12 months, according to a nationwide survey of managers and C-suite executives.

Alarmingly, nine in 10 (92%) business leaders said they were not well-equipped or prepared for digital transformation.

Bosses cited “lack of resources”, “lack of skills” and “Brexit” as key blockers to progress.

Intesa Sanpaolo Private Bank (Suisse) SA and Avaloq have successfully onboarded Banque Morval onto Avaloq's Business Process as a Service (BPaaS) solution in just nine months. The merger of Intesa Sanpaolo Private Bank (Suisse), the Italian Intesa Sanpaolo group’s Swiss private banking subsidiary, and Banque Morval was completed in April last year and created the new legal entity Intesa Sanpaolo Private Bank (Suisse) Morval.

MediConnect, the developer of a framework blockchain solution to trace and manage prescription medication, is pleased to announce the appointment of Gary Nelson, an IT development expert with over 25 years of experience in the IT sector and more recently in the blockchain industry, as Head of Engineering at MediConnect.

VERMEG, the software services specialist, which provides core technology for managing compliance, regulatory requirements and digital transformation across the banking, wealth management and insurance sectors, has appointed Paul Thomas as UK General Manager.

Paul joins with more than 20 years’ experience in the FinTech and RegTech industry having worked at organisations such as Misys, ION Trading and most recently AxiomSL.