Santiment, the datafeeds platform for showing the true state of the crypto-markets, has successfully closed its two-stage token crowdsale on July 5, 2017, raising a total of $12,215,250 USD worth of ETH. 

Product sourcing’ and ‘bottom line’ have been negatively impacted the most since the drop in the pound, say SMEs

• 41% of over 500 SMEs surveyed said the triggering of Article 50 has had a negative impact on their business
• 65% said leaving the EU will not affect their ability to hire staff
• Product sourcing and bottom line have taken the biggest hit since the vote to leave, according to SME owners

Concurrent, a global leader in storage, protection, transformation and delivery of visual assets, and Alluxio, developers of the world's first system that unifies data at memory speed, today announced a joint solution that

Financial IT had an inspiring interview with Ovidiu (Ovi) Olea, Founder and CEO of Valoot Technologies Limited (Valoot) about industrial changes and the way Valoot differentiates itself in today's marketplace. 

A wave of consolidation has hit high-speed trading firms and brokers in the past few months, and many are blaming low volatility and weak trading volumes in the face of rising compliance and market data costs.

Starting with electronic market-maker Virtu’s acquisition of rival KCG in April, Two Sigma Securities buying options market-marker Timber Hill in May, and Cowen gobbling up Convergex a few weeks ago, trading firms are reassessing their business models, including the need for speed.

Open Banking, the implementation entity set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their financial data and share it with organisations other than their banks, is pleased to announce the release of its Accounts and Transaction Information and Payments Initiation API Specifications.

Thomson Reuters today announced the launch of Thomson Reuters Labs™ – The Incubator.  Located in Switzerland, the Incubator will host early-stage entrepreneurs building next-generation products in big data, advanced analytics, distributed ledgers, artificial intelligence, machine learning and other transformational technologies.  As part of the official program, startups will receive access to

Just like banks, a growing number of exchanges worldwide have already taken a serious look at the way they can leverage blockchain technology. This in order to ‘get rid of’ the existing time consuming, cost inefficient and risky operations. Ranging from Abu Dhabi to Toronto they are experimenting with various use cases ranging from settlement, over-the-counter trading to proxy voting. Others have just started and have or are having hosted blockchain events such as the Jamaica Stock Exchange (Blockchain Masterclass) and the Tel Aviv Stock Exchange (Hackathon) not wanted to be left behind.

One of the HR issues that the banks have been wrestling with as part of their Brexit insulation and response strategies is the contrast in labour laws in other EU jurisdictions. Put simply, it is harder and more expensive to terminate employees in Frankfurt or Paris than the UK, other than in exceptional circumstances. The news that Frankfurt is offering banks an exemption for “risk takers” from some of these strong protective rules is an incentive to the banks.