In other news, CQG links to Brazil, FactSet taps MSCI, and Jefferies raises $6 million for charity.
TruNarrative to Join LexisNexis Risk Solutions
TruNarrative, a provider of cloud-based detection services for financial crime prevention, is being acquired by LexisNexis Risk Solutions, U.K. Ltd., which is part of RELX, officials say.
TruNarrative, which will be added to the LexisNexis business services group, focuses on “the entire financial crime lifecycle within a single, unified platform” that facilitates automated onboarding, a risk score, and transaction monitoring, officials say.
The platform offers an application programming interface (API) to provide a single view of customer risk, officials add. The vendor is based in Leeds, in the U.K.
LexisNexis Risk Solutions offers data, technology, linking, and analytics to help businesses bolster analysis and risk assessment, according to the vendor. The vendor also offers fraud and identity solutions to help firms resolve fraud and authentication challenges.
CQG Debuts Links to Brazilian Exchange B3
Front-end trading technology vendor CQG reports that it now offers connectivity to the Brazilian exchange company B3 S.A. (Brasil, Bolsa, Balcão) to provide clients trading access to growing Brazilian markets for listed commodities, interest rates, treasury, and equities products, officials say.
“Connecting to B3 was a logical next step for CQG, and we appreciate our partners at the exchange for what we believe will be a fruitful connectivity partnership,” says Alli Brennan, CQG managing director, head of the Americas, in a prepared statement.
CQG’s clients include traders, brokers, commercial hedgers, and exchanges
B3 S.A.’s services and markets encompass equity trades and over-the-counter (OTC) environments. The company is based in São Paulo with offices in London and Shanghai.
FactSet Hires MSCI’s Former CFO
FactSet, a vendor of integrated financial data and analytical applications, has hired the former chief financial officer (CFO) of MSCI, Linda S. Huber, as its new CFO, officials say.
Huber, who will join FactSet in early October 2021, will succeed Helen Shan, who will lead FactSet’s sales organization as chief revenue officer, officials say. Shan will continue to serve as CFO until Huber joins FactSet in October 2021.
“As CFO, Huber will lead FactSet’s global finance organization and oversee all financial functions, including accounting, corporate development, financial planning, and analysis (FP&A), treasury, tax, and investor and media relations,” according to a company statement. Huber will report to Phil Snow, CEO of FactSet.
Huber has more than 30 years of experience in the financial services industry. Before joining MSCI, Huber served as executive vice president and CFO of Moody’s Corp. from May 2005 to June 2018, officials say. She has also held senior roles at many financial services firms and held the rank of captain in the U.S. Army.
Jefferies Clients & Staff Raise $6M for 45 Charities
Investment bank Jefferies raised $6 million via its Global Charity Trading Day and will donate the monies to 45 charities that will aid Afghanistan refugees, military veterans, and victims of the recent earthquake in Haiti, officials say.
“Through the firm’s Global Trading Day held August 24, Jefferies’ clients helped to generate $4.5 million in donated net trading commissions. In addition, Jefferies as a firm donated $1 million directly, and voluntary donations from Jefferies’ more than 4,000 employees totaled $500,000,” according to a statement from the firm.
“It is heartwarming to have Jefferies’ more than 4,000 global partners, our loyal clients and our supportive shareholders devote an ordinarily very slow day in August to raising $6 million that will go directly to assist Afghanistan refuges, military heroes, and people affected by the devastating earthquake in Haiti,” say Rich Handler, CEO, and Brian Friedman, President, of Jefferies, in a prepared statement. “We are also grateful for all of the volunteers and hardworking staff of these 45 critical charities who will assure that the money is deployed quickly for the maximum benefit for those in extreme need.”
The full list of recipients can be found here: https://bit.ly/3kBXYFM