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smartTrade Technologies announces the addition of a margin credit functionality to its end-to-end low latency FX trading platform, LiquidityFX.
smartTrade's LiquidityFX platform has seen increasing adoption by a large variety of clients looking to move from their incumbent platforms to a flexible non-volume based priced solution and has led to a growing demand for a margin credit extension.
It is jokingly said that behind every successful man is a very surprised woman. My grandmother used to say that more truth is said in jest. Behind every great entrepreneur I have met is a pragmatic woman/man. In my experience, genius is the combination of inspiration, hard work and the pragmatic. Every great entrepreneur I know has a great mentor/bookkeeper. Often, this bookkeeper is her husband, his wife. Many say like Mao that "women hold up half the sky," but how many know what this means in a practical sense? Economic developers certainly do not!
The ability to significantly improve its digital banking offerings to customers and to deepen its strategic technology relationship led Columbia, Mo., based Landmark Bank to select FIS™ (NYSE: FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, as its new digital banking provider.
The CECL (Current Expected Credit Loss) regime requires banks to consider expected prepayments for determining the Life of Loan. Prepayments are expected to play a critical role in ‘rightsizing’ Allowance for Loan and Lease Losses (ALLL) under the CECL regime. The cascading effect could be the need for new internal controls over the ALM systems, necessitating integration of timing of charge-off expectations with prepayments.
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the new Hibernia Express Cable system which has the lowest latency route between New York and London, is now directly connects the Equinix NY4 and LD4 data centers, providing unprecedented round-trip latency transmission of sub-58.95ms.
NetOTC, a provider of innovative risk solutions, today announced the launch of NetOTC Bilateral, the end-to-end bilateral market infrastructure for the margining of non-cleared OTC derivatives.
NetOTC Bilateral is connecting to Euroclear’s Collateral Highway in an effort to answer the market demand for greater transparency, resilience and addressing the market need for funding, capital and operational cost efficiencies.
Gresham Computing plc, a leading provider of real-time financial transaction control and enterprise data integrity solutions, today confirmed a further four new customers will implement its flagship Clareti Transaction Control (CTC) platform. The deals span Europe, North America and Asia Pacific, and take the total to six new CTC customers in the second half year period.