Change is underway

It goes without saying that the pandemic has brought on, and exacerbated, mental health issues for many people both in financial services and beyond. Alongside this, there is a growing sensitivity among leaders and senior management in financial services regarding staff with mental health or wellbeing issues and this is expected not only to continue but to also be a requirement for leaders in the industry.

Leading by example

Borsa Italiana has appointed illimity Bank S.p.A. (“illimity” or the “Bank”) as a Nomad (Nominated Adviser), a point of contact for companies that want to raise capital to consolidate their competitive position and speed up their growth process by listing on the Italian Alternative Investment Market (AIM Italia).

We are delighted to announce that BMLL Technologies has won the “Best Data Science Solution Provider” award at the 2021 HedgeWeek European Awards on 11 March 2021. Nominees were selected by a survey of over 100 hedge fund managers, and voted on by almost 20,000 industry participants.

BMLL was recognised by hedge funds for providing historic Level 3 order book data in a completely harmonised and information rich format alongside a comprehensive suite of analytics, all easily delivered and accessible in daily workflows. 

Celent, the leading research and advisory firm focused on technology for financial institutions globally, has named HSBC as the winner of its Model Risk Manager Award for Legacy and Ecosystem Transformation, enabled by the ARIC™ Risk Hub from Featurespace.

Alternative Investment Exchange (AIX), the platform making it easy to buy, own, and sell alternative investments, has added new account maintenance functionality to its digital alternative investment platform. The new AIX account maintenance capability automates maintenance requests, mitigating tedious paperwork and manual processes.

Refinitiv, a business under the London Stock Exchange Group (LSEG), has announced the winners of its FX Trading Awards 2021 for Thailand.

The FX Awards aim to promote transparency and liquidity in the Thai foreign exchange market and to recognize its importance to the broader Thailand economy. The award winners were determined based on trading activity on Refinitiv's FX trading platforms throughout 2020.

Datasynthesis, data quality management platform provider, is very pleased to announce that it has recruited Brian Sentance as Head of EMEA. Sentance’s appointment marks a key step in the expansion of Datasynthesis, extending its reach beyond its origins in the North American market with its new London office. Datasynthesis, formed in 2018 in New York, is a relatively recent entrant to the market with its cloud-native data quality management platform.

September 2008 saw the emblematic moment of the Global Financial Crisis (GFC) when Lehman Brothers collapsed. Intraday liquidity was fundamental to this collapse.  Correspondent banks were not willing to provide intraday credit lines with Lehman Brothers looking such a bad risk and demanded Lehman’s either prefund accounts or collateralise the credit required. Once the run on the firm began, Lehman Brothers could not both pay out depositors and provide sufficient liquidity to cover its intraday requirements.

Clearwater Analytics, an industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, announced today that it has appointed global industry veteran, Mr. Jacques Aigrain, to its Board of Directors.  

Provenir, a global leader in risk decisioning and data analytics software, welcomes Frode Berg as the new General Manager for EMEA. In his new role, Frode will be responsible for overseeing Provenir’s accelerated growth in the region and enabling new and existing clients, which include Klarna, Avida Finans, Hitachi Capital and White Oak, to make smarter decisions, faster.