Markit, a global provider of financial information services, is announcing a comprehensive solution for compliance with the new market risk capital requirements in the Fundamental Review of the Trading Book (FRTB) standards. Markit has worked with a number of customers worldwide to define a modular platform that will enable banks to model and manage market data and risk factors, generate scenarios and perform capital calculations in line with the new framework.

Hong Kong Exchanges and Clearing Limited (HKEX) and Thomson Reuters signed an agreement for the creation of a new series of Renminbi (RMB) indices.

The new index series will give the world benchmarks that reflect the development of the RMB's effective exchange rate against other major currencies and are designed to be transparent, tradeable and compliant with the International Organisation of Securities Commission's principles for financial benchmark governance and administration.  Details of the new index series will be announced in the next few weeks.

Heidrick & Struggles, a premier provider of executive search, leadership consulting and 

TCF Bank, a subsidiary of TCF Financial Corporation unveils the introduction of ZEOSM, a suite of products that provides choice, convenience and control to consumers who want alternative ways to manage their money. Available today in all 342 TCF branch locations, ZEO helps consumers choose the money-management solution that best meets their needs with the guided expertise of TCF relationship bankers. ZEO's products and services include a prepaid debit card, check cashing, a savings account, money orders, along with Western Union® money transfers and bill payment services.

 IPC Systems unveiled a significantly expanded portfolio of comprehensive compliance solutions under its growing Risk and Compliance Services division at the 2016 Annual FINRA Conference in Washington D.C. today. The announcement marks IPC's continued strategic focus as a risk and compliance unified communications service provider for financial institutions, and underscores its heightened concentration on the rapidly developing, critically important area concerning increasingly stringent and complex global financial markets compliance requirements.

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced that four new directors have been elected to its Board of Directors at its Annual General Meeting held on April 26, 2016.