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TNS Buys BornTec’s Co-Location Services & Other News

April 19, 2023 by FTF News

TNS Buys BornTec’s Co-Location Services & Other News

TNS Adds to Global Connectivity Footprint Transaction Network Services (TNS) has acquired BornTec’s managed hosting and co-location business, which will add to TNS’ global connectivity footprint and bolster previous TNS acquisitions, officials say. The latest acquisition was completed on March 21, 2023. The BornTec co-location acquisition adds to TNS’s global deployment of Layer 1 ultra-low… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Risk Management, Governance, Digital Transformation, FinTech Trends, Back-Office, Standards, KYC, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: automation, back office, central counterparty clearinghouse (CCP), CFTC, colocation, FINRA, hosting platform, Hosting Solutions, operational risk, operations, Securities Operations, the Bank of England (BoE), wall street

Fidelity Gives a Nod to Bitcoins & Other News

April 27, 2022 by FTF News

Fidelity Gives a Nod to Bitcoins & Other News

Fidelity Launches a 401(k) Plan for Digital Assets  Fidelity Investments will allow individuals to allocate a portion of their retirement savings to Bitcoin if their employers also agree to allow the cryptocurrency to be part of a 401(k) plan, officials say. To facilitate this change, Fidelity has launched the “workplace Digital Assets Account (DAA)” 401(k)… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Reconciliation & Exceptions, Risk Management, Settlement, Diversity & Human Interest, Governance, Digital Transformation, FinTech Trends, Back-Office, Blockchain/DLT, Integration, Standards, ESG Data & Investing, KYC, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News, People Moves Tagged With: automation, back office, bitcoin, BNY Mellon, BNY Mellon Pershing, colocation, cryptocurrencies, data management, DTCC, equity options exchanges, operational risk

Interactive Telecom Hires SVP for Sales and Ops

April 9, 2015 by Ryan Boysen

Communications management vendor Interactive Telecom Solutions (ITS) has hired Kevin Errity as a senior vice president of sales and operations, officials say. In his new role, Errity will be responsible for “the leadership of the ITS sales team, driving business growth and creating customer solutions that add value and maximize market share in targeted segments,”… Read More >>

Filed Under: Industry News, People Moves Tagged With: auditing, colocation, compliance, data, Interactive Telecom Solutions, operations, telecommunications, voice

Perseus Opens Regional HQ in Hong Kong

March 26, 2015 by Eugene Grygo

Perseus, a managed services, co-location and high-speed connectivity provider, has opened a regional headquarters in Hong Kong to serve Asian markets that “have been growing exponentially,” says Jock Percy, CEO of the New York-based vendor, in a prepared statement. “Hong Kong is at the center of that growth and Perseus has been planning to expand… Read More >>

Filed Under: Industry News, People Moves Tagged With: cloud computing, colocation, compliance, Hong Kong, Invest Hong Kong, managed services

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