Lombard Risk Management plc (LSE:LRM), a leading global provider of collateral management, liquidity and regulatory reporting and compliance solutions for the financial services industry, has announced its interim results for the six months ended 30th September 2014. Highlights · Revenue of £9.3m (2013: £7.3m) up 27.7%, supported by an order book of contracted revenue at £5.1m (2013: £5.4m). · 121 COREP contracts now signed with 62... more
Fundtech, a market leader in global transaction banking solutions, has announced that India’s third largest private bank, Axis Bank, has gone live with Fundtech’s flagship cash management solution, Global CASHplus, for remittances. The solution enables Axis Bank to efficiently process cross border remittances by automating the money transfer process for retail customers.
Earthport has signed an agreement with Caisse centrale Desjardins to provide international payment services, helping Desjardins’ customers make efficient low-value payments in an expanded number of markets globally. Caisse centrale Desjardins selected Earthport for the efficiency its solution brings to payment operations, its ability to drive increased FX revenue and its adherence to the standards and guidelines of the International Payments... more
Dion Global Solutions (Dion) (BSE: 526927), technology partner to the financial services industry, has launched a new module within its NOVA suite to support the Shanghai – Hong Kong Stock Connect scheme.
Hermes Investment Management has selected Calastone, the global funds transaction network, for their global order routing services. Hermes has chosen Calastone’s global transaction network for their UCITS fund range in UK, Europe and Asia, enabling them to reach wider distribution channels through electronically automated STP.
Links Commodities to apply Trayport's GlobalVision Broker Trading SystemSM for European rapeseed oil markets
Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide,has announced that Links Commodities are now using Trayport's GlobalVision Broker Trading SystemSM (BTS) for the FOB Dutch Mill NOFOTA rapeseed oil paper contract and to aid some physical trading.
The International Swaps and Derivatives Association, Inc. (ISDA) has announced that 18 major global banks (G-18) have agreed to sign a new ISDA Resolution Stay Protocol, which has been developed in coordination with the Financial Stability Board to support cross-border resolution and reduce systemic risk. This represents a major step in strengthening systemic stability and reducing the risk that banks are considered ‘too big to fail’.
Duco has announced that three further customers signed for Duco Cube in September. All three firms are well-known service providers with extensive global clients in the cash equity, derivative and fixed income markets. The providers went live within 24 hours of signing, using Duco Cube’s rapid “on-demand” go-live and their operations users are now putting in place controls around trade, position and static data. Additionally, the... more
Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, and Valemobi , a sophisticated trading platform for multi-asset brokerage, has announced a new partnership agreement.
Dion Global Solutions (Dion) (BSE: 526927), technology partner to the financial services industry, has launched a new technology solution, AlphaClick, which enhances portfolio monitoring for private equity and venture capital firms. AlphaClick streamlines the collection and analysis of portfolio company data, enabling fund managers to meet increased transparency and reporting requirements. Dion has deployed the solution at RTP Ventures, a US-... more
Fidessa group plc (LSE: FDSA) has announced that it has expanded the service it offers its UK broker clients with the addition of Alliance News, a new journalistic news service targeted at UK companies, investors and their advisors. Covering all UK listed companies, Alliance News delivers both breadth and depth of coverage including smaller and AIM-listed companies, as well as providing general, global economic content.