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Global Processing Services (GPS), a leading global payment technology platform, has today announced the promotion of Joanne Dewar to Vice-Chair. Kevin Schultz has also been appointed as Chief Executive Officer, effective immediately.
Leveraging the latest technology to further transform its capital market operations, Société Générale, is now live on the distributed ledger technology repo platform (DLR) created by global Fintech leader, Broadridge Financial Solutions, Inc. The blockchain-enabled platform accelerates the digitization of the global repo market, empowering participants to realize immediate benefits of reduced risk and operational costs and enhanced liquidity
The momentum effect is the tendency for stocks to show persistence in performance. In simple terms, a stock that’s performing well is likely to continue to do so, even if it’s overvalued. The same goes for underperforming stocks.
While the effect itself is relatively established, the source of these tendencies remains subject to much debate. The momentum effect is so unusual, in fact, that it’s considered to be a market anomaly.
One in five UK sole traders have never heard of Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), despite the government announcing it seven years ago, a new report has found.
Bloomberg announced today that GAM Investments, a leading independent pure-play asset manager, has adopted an integrated suite of Bloomberg buy-side workflow solutions to streamline risk and portfolio management across the enterprise. The suite provides GAM with the ability to seamlessly manage market risk exposure and liquidity and investment risk, notably with Bloomberg’s new factor risk models.
Global conduct risk and compliance technology provider MCO (MyComplianceOffice), announced today the launch of its new Governance and Oversight suite, Know Your Risk (KYR). KYR is a modular solution that enables firms to set regulatory priorities, identify policy and procedure gaps, and deliver proof of adherence with metrics and documentation.
Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM), has launched a new solution to enable financial institutions to reduce regulatory and reputational risk and streamline operations for ESG compliance.
Gatehouse Bank has today launched a mobile app, available on iOS and Android, to support customers in managing their personal savings accounts.
The app allows users to view their account balance, recent transactions, and personal information held for the account. Users can also view and delete pending, unprocessed transactions and withdraw or transfer funds between Gatehouse Bank savings accounts (if their account(s) allow this).
