Schroders Takes Minority Stake in Forteus Invesment management giant Schroders is investing in Forteus, an asset manager with a focus on blockchain technology and digital assets. Schroders officials say that they will develop next-generation investment solutions via the new arrangement. Forteus is the asset management arm of the Numeus Group, a diversified digital asset… Read More >>
JPMorgan Pays $850K to Resolve FX Swaps Case
JPMorgan has reached a $850,000 settlement with the CFTC in a case involving charges that three of the investment bank’s units failed to comply with their reporting obligations as swap dealers. The CFTC order also requires JPMorgan and its swap-dealing entities to cease and desist from further violations of the Commodity Exchange Act (CEA) and… Read More >>
RA Capital Picks Xenomorph & Other News Briefs
Xenomorph to Support Key Groups at RA Capital Boston-based investment manager RA Capital has selected data management solutions vendor Xenomorph to provide enterprise data management (EDM) support for the firm’s bio-tech and financial data needs, officials say. “We were diligent in the selection of RA Capital’s data platform. We wanted more than a standard security… Read More >>
Canadian Firm to Use SimCorp & Other News
StonePine Signs Up for SimCorp’s Centralization A relatively new Canadian firm, StonePine Asset Management reports that it will be using an investment platform and services from vendor SimCorp to jumpstart its growth. The new agreement will mean that SimCorp’s Software as a Service (Saas) investment management solutions will run the asset manager’s front-to-back office… Read More >>
Germany’s LPA Plans U.S. Expansion & Other News
Germany’s LPA Plans U.S. Expansion LPA, the capital markets technology and advisory firm headquartered in Frankfurt am Main, Germany, with offices in a dozen cities around the world, reports a United States expansion plan. The plan calls for a new office in New York City and the appointment of Serge Malka as the firm’s U.S…. Read More >>
How to Navigate Inflation, a Pandemic & War: Q&A
(Trading and risk management teams at global securities firms are facing a perfect storm of rising inflation, the ripple effects of the pandemic, and the Russian invasion of Ukraine. Gil Guillaumey, head of strategy — capital markets at Adenza, recently answered questions from FTF News about these concerns and about the best ways forward amid… Read More >>
FTF Reveals the Winners of the 2022 FTF Awards
Financial Technologies Forum (FTF) is pleased to announce the winners of the 2022 FTF News Technology Innovation Awards competition and to confirm that there will be an in-person gala event later this year to celebrate the industry’s achievements in operational excellence. “I think it’s safe to say that it’s been a long two years. During… Read More >>
FTF Unveils Nominees for the 2022 FTF Awards!
Financial Technologies Forum (FTF) and FTF News are pleased to announce the nominees for the 2022 FTF News Technology Innovation Awards competition. The variety and high volume of nominations are clear signs that fintech achievement is alive and kicking amid the challenges of a global pandemic, volatile markets, and a steady flow of game-changers such… Read More >>
Post-LIBOR Shifts Need a Strategy: Q&A
(With LIBOR for new contracts ending Dec. 31, 2021, and LIBOR’s usage finally over as of June 30, 2023, a new era for risk-free reference rates is underway. Financial services firms are transitioning to replacements such as the Secured Overnight Financing Rate (SOFR), and they are grappling with the post-LIBOR impacts upon their trading, risk,… Read More >>
CFTC’s First Chief Diversity Officer & More Briefs
CFTC Appointee Has 20 Years of Diversity Experience Tanisha Cole Edmonds has been appointed the CFTC’s first chief diversity officer and has been tasked with helping the agency advance diversity, equity, inclusion, and accessibility (DEIA) at all levels, officials say. Edmonds, who reports to Rostin Behnam, chairman of the CFTC, will oversee the Office of… Read More >>
