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Leading Hedge Funds in Asia Adopt Broadridge's Trading, Portfolio Management and Operating Solution

 Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that BosValen Asset Management and Pleiad Investment Advisors have adopted Broadridge's all-inclusive trading, portfolio management and operating platform.

Monday, July 20, 2015 - 12:54
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EU start-ups are losing out

The digital start-up culture of the United States has long been lauded as the benchmark for the European Union (EU) to aspire towards creating. However the cultural and financial differences between the EU and US are vast, contributing to the perceived dominance of the US start-up scene. For instance the EU has not yet been able to create a single Internet company, which is worth above the $10bn mark.

Monday, July 20, 2015 - 12:27
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Vietnam Bank for Agriculture and Rural Development joins SWIFT’s KYC Registry

SWIFT announces today that Vietnam Bank for Agriculture and Rural Development has joined the Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance.

Monday, July 20, 2015 - 12:21
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Do you invest or do you execute?

Under MiFID II, both buy-side and sell-side firms are required to record and to report on, separately, the algorithms used in making both the investment decision and the execution decision. In most agency workflows that should be straightforward enough; the buy-side makes and reports the investment decision, and the sell-side is responsible for the execution decision. But how does this work in other cases – market making, for example?

Monday, July 20, 2015 - 11:45
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Two in five British adults affected by data breaches

42% of British adults have had their personal information compromised by an organisation potentially putting them at risk of identity theft or identity fraud. Of these almost two thirds (64%) are concerned that it could happen to them again in the future.

Monday, July 20, 2015 - 11:22
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Faster Payments will drive consumers to switch bank accounts

The appetite for faster, easier and more convenient payment methods among UK consumers is rising rapidly, according to a new YouGov and ACI Worldwide (NASDAQ: ACIW) online survey of more than 2,000 UK adults. 45 percent of UK current account holders say the offer of faster electronic payments would encourage them to switch their bank account provider, the research shows.

The findings reveal that UK consumers have high expectations when it comes to speed of electronic transfers.

Monday, July 20, 2015 - 11:13
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Startupbootcamp announces 2015 cohort of rising stars in London FinTech

 Startupbootcamp FinTech, the leading accelerator focused on financial innovation, has today announced the 10 international startups selected to join the London program. The finalists, which include teams from across Europe, America and Asia-Pacific, have been chosen following a rigorous selection process by a panel of industry experts, including representatives from Startupbootcamp and its partners. 

Monday, July 20, 2015 - 11:11
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Avox awarded ISO 27001 certification for information security management

 Avox Limited, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC) and the industry leader in legal entity reference data, today announced that it has been awarded International Standard Organisation (ISO) 27001 Certification from the British Standards Institution (BSI).

Monday, July 20, 2015 - 11:07
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Bravura Solutions’ front-end portal delivers enhanced online capability for asset managers

Bravura Solutions Pty Limited (Bravura), a trusted supplier of wealth management, life insurance and transfer agency software applications today announced the general launch of its taWeb front-end solution. Bravura’s dedicated D2C and distributor front-end proposition for transfer agents and fund managers provides an improved online service offering for building stronger relationships with fund promoter clients and their distributor communities.

Monday, July 20, 2015 - 11:04
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TRANSAXpay from FIS Helps Merchants with UK Launch of Apple Pay

 FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, today announced its readiness to support merchants in accepting Apple Pay. 

Monday, July 20, 2015 - 11:00
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