Symbiont, a new startup that aims to streamline financial markets by marrying them with Blockchain technology, unveiled its flagship Smart Securities platform on Tuesday. The company will be competing with a number of other start-ups offering Blockchain-based platforms for trading, clearing and settling securities, but Symbiont’s executives say their long history working with Bitcoin will… Read More >>
SWIFT Recertifies SmartStream’s Corporate Actions Software
SmartStream, a London-based financial transaction management software specialist, reports that its TLM corporate actions processing software has again received certified application status from the SWIFT cooperative for financial messaging and related systems. Certified application status, which is subject to yearly renewal, ensures that the application is “fully compliant with SWIFT corporate actions messaging standards,” SmartStream… Read More >>
Bank of America Vet Joins Holley Holland
Bank of America (BofA) veteran Marty Rose has joined Holley Holland, the self-described “business transformation experts” to build the change management consultancy’s U.S. business, including opportunities in Charlotte, North Carolina, and throughout the region, officials say. Rose, who will be based in Charlotte, has left her post as chief operating office (COO) of the EST… Read More >>
Avox Receives ISO 27001 Certification
Avox, the DTCC’s wholly owned subsidiary specializing in legal entity reference data, reports that it has received International Standard Organization (ISO) 27001 certification from the British Standards Institution. The ISO 27001information security standard “certifies that Avox has the requisite information security controls in place to protect client data,” Avox says. “The certification is awarded only… Read More >>
AIM Software Bolsters Sales Efforts in Europe, North America
AIM Software, an enterprise data management (EDM) solutions vendor, has appointed Ben Hopcroft to the post of director of sales for the U.K., The Netherlands and the Nordic Markets. The appointment follows shortly after the announcement that Marco Sablone, the former director of sales and marketing at Joss Technology, has joined the sales organization for… Read More >>
‘Joss offerings will be integrated with AIM’s suite’
AIM Software, based in Vienna, Austria, is completing its acquisition of New York-based entity data management vendor Joss Technology, according to Olivier Kenji Mathurin, head of product marketing and research for the data management vendor. Joss Technology is the maker of the Entity Data Management System (EDMS), the “entity master” that uses a fuzzy logic… Read More >>
Advisors, Institutional Investors Diverge on Alternatives
A new survey by Barron’s and market research firm Morningstar has revealed some slippage between how financial advisors and large institutions view alternative investments, officials say. “Financial advisors are increasingly enthusiastic about alternatives just as institutions are becoming more cautious,” says Josh Charlson, chartered financial analyst (CFA), director of manager research for alternative strategies at… Read More >>
Cetera Picks Broadridge Mobile Platform
Cetera Financial Institutions, a self-clearing broker-dealer, has selected investor communications vendor Broadridge Financial Solutions’ Broadridge Mobile solution to functions as the firm’s primary mobile platform, officials say. The Broadridge Mobile solution will allow the firm to “rapidly deploy a distinctively branded, unified advisor and client experience while leveraging a proven enterprise mobile technology platform,” says… Read More >>
CEO, CFO Exit as Markit Completes Information Mosaic Acquisition
Two executives will be leaving Information Mosaic as Markit completes its acquisition of the corporate actions and post-trade securities processing vendor. “It’s our intention to transition all employees with the exception of Ulrich Kunz, chairman and chief executive officer and Anina Janacek, chief financial officer. Both will be stepping down to resume their consulting roles,”… Read More >>
GoldPoint Partners Hires from Blackstone
GoldPoint Partners, a New York-based private equity manager that was formerly known as New York Life Capital Partners, and that is an affiliate of New York Life Investments, reports that CPA Sean Gelb has joined the firm as chief financial officer. Gelb will “oversee the day-to-day accounting for the firm and its funds,” GoldPoint says… Read More >>
