The Board of Managing Directors of Commerzbank AG has decided to issue a subordinated bond. The bond meets the criteria set out in the Capital Requirements Regulation (CRR) for additional tier 1 capital (AT 1). Subject to the approval of the Supervisory Board, the bond will be issued with an exclusion of the subscription right of the shareholders. The issue serves to further strengthen and structurally optimise the Bank’s regulatory capital.
 

Julius Baer, the leading Swiss private banking group, chooses ALPIMA for rule-based portfolio derivation and visualisation within its Investment Management business.

Offered as an enhanced version of its cloud-based enterprise service, the ALPIMA platform will be delivered on a white-label basis and customised specifically to meet Julius Baer’s exact requirements.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its subsidiary Fixed Income Clearing Corporation (FICC) has achieved yet another milestone in the transformation of the U.S. Treasury market toward central clearing as Citadel successfully executed and cleared both cash and repo trades via FICC’s recently expanded Sponsored Service model.

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces that it has entered into a partnership with Refinitiv, one of the world’s largest providers of financial markets data and infrastructure. Combining AxiomSL’s robust Global Shareholding Disclosures (GSD) solution with Refinitiv’s reference data enables Financial Institutions (FIs) to automatically enrich their clients’ positions while managing regulatory obligations across multiple jurisdictions.

The Global Blockchain Business Council (GBBC), the leading industry association for the blockchain technology ecosystem, is delighted to announce that it is co-hosting the fifth annual Blockchain Summit on Necker Island alongside Bitfury, a leading full-service blockchain company, and ACTAI Global, a community of extraordinary athletes, conservationists, technologies, artists and innovators supporting social impact causes around the world.

After the recently announced Pays XDR stablecoin launch on Stellar network, Paysend announces the acquisition of Rapid SD Pty Ltd, an Australian based software development company specialising in DLT blockchain developments founded and run by Sergey Yusupov.

ClauseMatch, an award-winning London-based Regulatory Technology (RegTech) firm transforming policy management and compliance at financial institutions globally, announces its first engagement in Singapore with Ingenia, a Singapore-based service provider for financial institutions. This partnership has been formed to provide "Compliance-as-a-Service" for small and medium-sized financial institutions in Singapore bringing together Ingenia's consultancy services enhanced by the ClauseMatch RegTech solution.

Banco Agrícola, leader in El Salvador, which after the acquisition in 2007 by Grupo Bancolombia becomes a benchmark bank in most of Central America and Latin America, in a firm commitment to innovation and customers' services improvement and as part of its digitalization strategy, recently launched "Cuenta Fácil", the first 100% digital product that allows the complete opening of a bank account in a non-presential way through their App Banca Móvil. 

Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays. Following the successful launch of ‘Yolt Pay Beta’ just two months ago with six of the major high street banks, the app is now extending its test phase offering.