The next chapter for Trading Technologies International, Inc. (TT) will be led by private equity firm Thoma Bravo and TT’s current owner 7RIDGE in an arrangement that will focus on growth for the provider of end-to-end trading operations for banks, brokerages, money managers, hedge funds, proprietary traders, commodity trading advisors (CTAs), commercial hedgers, and risk… Read More >>
Layoffs Not Ruled Out as StoneX Integrates RJO
StoneX Group Inc. has completed its acquisition of R.J. O’Brien (RJO), regarded as the oldest independent futures brokerage in the United States, and is positioning the combined company as the largest non-bank futures commission merchant (FCM) in the U.S. In the meantime, Philip Smith, CEO of StoneX, has not ruled out layoffs as a result… Read More >>
KYC & Compliance Reap Rewards from Agentic A.I.: Survey
A growing number of global financial institutions are using agentic artificial intelligence (A.I.) to evolve the efficiency of their compliance operations and to automate key tasks such as know your customer (KYC) efforts, according to a new study from Fenergo, a provider of digital solutions for KYC and anti-money laundering (AML) compliance. Hopes are running… Read More >>
Why Regulatory Fragmentation Must End
Fragmented global financial regulation is still a problem that “puts competition, economic growth and financial system resilience at risk,” according to a joint paper, “The Costs of Fragmentation and Possible Solutions,” released earlier this month by the Bank Policy Institute, the Global Financial Markets Association (GFMA), and the Institute of International Finance. Regulatory fragmentation is… Read More >>
Equity Data Science Unveils ‘Fusion’ Initiative
Equity Data Science (EDS), a provider of investment process management (IPM) technology to hedge funds and asset managers, has launched a new generative artificial intelligence (A.I.) initiative called Fusion. Generative A.I. — designed to produce new content rather than simply analyze or categorize existing data — is being adopted across industries, including financial services. EDS… Read More >>
A.I. Tops the Worry List for Compliance: Survey
The researchers behind the 2025 Investment Management Compliance Testing (IMCT) Survey declare that they have found “a new king of compliance topics:” the adoption of technologies that use artificial intelligence (A.I.) The 20th IMCT Survey, which provides insight into compliance testing practices and priorities, was based on polling 577 compliance professionals. “This year’s results highlight… Read More >>
‘Genius Act’ Hopes to Launch a Stablecoin Revolution
Late last week, President Donald J. Trump signed the Genius Act into law, creating “the first-ever Federal regulatory system for stablecoins, ensuring their stability and trust through strong reserve requirements,” according to the White House. The legislation is intended to “pave the way for the United States to lead the global digital currency revolution.” However,… Read More >>
SEC Designates Acting Chair for the PCAOB
Independent watchdog, the Public Company Accounting Oversight Board (PCAOB), will soon have a new acting chair, George R. Botic, who will take over for PCAOB Chair Erica Y. Williams after her resignation takes effect July 22, 2025. This is according to the Securities and Exchange Commission (SEC), which designated the line of succession for the… Read More >>
ECB Reports Progress Toward a Digital Euro
Officials at the European Central Bank (ECB) report that they are making progress in laying the foundation for “the potential issuance of a digital euro.” This comes via a third progress report on the preparation phase of a digital euro, which was launched Nov. 1, 2023. The digital euro project is a collaborative effort involving… Read More >>
Delta Capita Embraces Blockchain-Based OTC Ops
Delta Capita, a provider of consulting, managed services, and technology solutions for capital markets, has launched Elaris OTC, a solution intended to streamline and modernize post-trade processes for over-the-counter (OTC) derivatives, officials say. The Elaris OTC technology platform uses the Fragmos Chain blockchain for derivatives and facilitates the “automated matching of OTC derivatives trades and… Read More >>
