Competitive forces are at play in the OMS and EMS markets where vendors are expanding their capabilities at both ends to build the coveted OEMS.

Due to tighter IT budgets, compliance mandates and expansion of electronic trading across asset classes, firms may be looking to bring these two platforms together.

Yes Bank, the fifth largest private sector bank in India, has launched a fintech accelerator programme in partnership with T-Hub, Anthill and LTP. The Bank invites fintech start-ups from different regions which are planning to operate and do business in India. The application deadline is February 2nd, 2017. The cohort will commence on 13th March and continue for 15 weeks in a dual mode.

Financial Services, Travel and Hospitality and Retail are the Most Cited Markets in Need of an SMS-Powered Chatbot Strategy
 

 The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Derek West, former Senior Director of Derivatives Oversight at the Quebec Autorité des marchés financiers (AMF), has joined the firm as Executive Director and Chief Compliance Officer for the firm’s European Global Trade Repository (GTR) business. Mr.

The UK government’s call to digitise tax returns by April 2018 has faced backlash as MPs warn that the plans are being rushed through without proper preparation taking place. Improper implementation of this system will inevitably cause errors in the submissions process, which may create chaos in our tax system. HMRC tend to have weak systems in place even for systems in place for many years. Therefore a rushed system developed by HMRC will cause taxpayers, companies and HMRC lots of issues.

OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, has been named ‘Best Treasury Analytics Solution’ by Treasury Management International (TMI) in its 2016 Awards for Innovation and Excellence.

The award follows a highly successful year for OpenLink in the corporate treasury market. It has secured over 10 new client projects for top-tier commodity intensive corporates, replacing incumbent solutions no longer capable of supporting the business requirements.

Aquila Capital has expanded its quantitative investment expertise with the appointments of Urs Schubiger, Patrick Gander and Egon Rütsche. Under the leadership of Urs, the Systematic Trading Group will assume responsibility for the company’s existing Risk Parity products and extend its range of systematic strategies.

The team shares a comprehensive and longstanding expertise in modelling and managing systematic strategies and combines more than 30 years of experience in asset management. Most recently, they worked for an alternative investment manager based in the US.

New module enables retail and corporate banks to grow their lending business and recapture P2P market share

Today, at its Connect Forum in Paris, Misys launched its new crowdlending module. Misys FusionBanking CrowdLending supports retail and corporate banks in delivering funding to all customers, from the individual to SMEs and large corporations. It opens the door for banks to claim a stake in the accelerating global loan origination market, which could command almost half a trillion dollars globally by 2020.

• Only 30% of consumers believe companies are taking their personal data protection very seriously
• 58% of consumers fear they will be victims of an online data breach
• 66% would be unlikely to do business with organizations responsible for exposing financial and sensitive information