More than 3000 financial institutions have applied for .bank domain names within 24 hours of the more secure Web address going on general release.

National Settlement Depository (NSD), Russia’s central securities depository, and China Central Depository and Clearing Co., Ltd. (CCDC), China’s central securities depository servicing governmental securities, signed a Memorandum of understanding. The parties agreed to share experience and information, to develop cooperation in the sphere of depository and settlement operations, operational interactions using corresponding accounts (links), corporate actions processing and information services.

INDATA, a leading industry provider of software and services for buy-side firms, today announced that Palo Capital, an investment advisor based in Newport Beach, CA, has selected INDATA’s iPM EpicÒ platform for their front-to-back office needs.

Ipreo, a leading global provider of market intelligence and productivity solutions to financial services and corporate professionals, announced plans for the launch of Investor Access, which will allow investors to electronically submit Indications of Interest (IOIs) on fixed-income issuances directly into Ipreo’s syndicate-to-syndicate communications platform for the primary new-issue markets, IssueNet. 

Atom Bank has today been granted its licence by the Bank of England and plans to launch to customers later this year. Championing innovation, transparency and convenience, Atom is developing a range of personal and business banking products and services, delivered through an app experience designed for mobile devices, with desktop to follow.

 Irish Asset Manager, Mediolanum Asset Management Limited, has today announced it will be making further significant investments in its IT infrastructure to implement an innovative front-to-back solution to support its business.

 Etrali Trading Solutions, the global compliance and unified communications services integrator for trading, today announces the addition of Consultancy Services to its portfolio. The development of ‘Etrali Consulting’ is a reflection of changing customer requirements. Etrali Consulting will be offered globally under the leadership of Nigel Turner, who has been appointed as Executive Vice-President of Consulting and Services, based in London. His main activities will cover: Consulting, Advanced Service Integration and Outsourcing.

SWIFT announces that its Value Added Network (VAN) Solution for T2S went live as planned on 22 June, supporting the launch of the new pan-European securities settlement platform.

New figures reveal that mid-sized and large businesses could be in line for fines totalling £20bn if they fail to protect their customers from data breaches.

Companies that suffer a breach could face serious financial consequences once new data protection regulations are fully introduced across EU member states.