Eleven global banks have agreed to take a 20 percent stake in the Post Trade Solutions business of the London Stock Exchange Group — a division valued at £850 million ($1.134 billion) — and in return will influence the strategies and future of the LSEG’s post-trade offerings, for over-the-counter (OTC) derivatives, officials say. The designated… Read More >>
T. Rowe Price Revamps Ops via CWAN Platform
T. Rowe Price Associates has successfully implemented a platform from Clearwater Analytics (CWAN) that will support the asset manager’s Stable Value Operations, and provide “advanced capabilities,” officials say. “Many asset managers in this market still rely on manual processes and legacy systems, creating fundamental industry challenges. T. Rowe Price’s deployment has helped improve productivity while… Read More >>
Bill Stone Says A.I. Must Prove Its Value
One of the keys to understanding the full impact of a disruptive technology is to use history as a guide. A case in point is the phenomenon of A.I.-based technologies that promise to overhaul or at least enhance the systems that run the front-, middle-, and back-offices of financial services firms operating in global capital… Read More >>
FSB Warns Against Gaps in Digital Assets Regulation
The Financial Stability Board (FSB) is pushing jurisdictions to make their regulation of cryptocurrencies and other digital assets more consistent with the FSB’s framework and to follow new recommendations aimed at facilitating a cohesive oversight of the global crypto-asset market and preventing regulatory arbitrage. A new peer review progress report from the FSB cites “significant… Read More >>
S&P Global to Acquire ‘With Intelligence’
Financial data and analytics provider S&P Global has announced that it is acquiring With Intelligence, a provider of data, intelligence, and connections for the global asset management industry, in a deal worth $1.8 billion. The seller is a group led by majority investor Motive Partners, a private investment firm. Officials expect the deal to close… Read More >>
Buy Side to Welcome Sell Side Improvements
New research from global market research firm Crisil Coalition Greenwich shows hopeful sentiment from sell-side electronic trading desks that a series of woes besetting the industry of late may soon be reversed. This will be good news to buy-side firms that have had to deal with inadequate customer service, as sell-side electronic trading desks contend… Read More >>
Citi Takes Aim at Asset Servicing Woes via SEP
Citi’s post-trade platform, Citi Investor Services, has a new feature for asset servicing — Single Event Processing (SEP) technology — a development that Citi officials are calling “a significant step” for real-time asset servicing, prompting the bank to say that “the majority of its custody flows” will be processed via SEP in 2026. In fact,… Read More >>
TS Imagine & Gentek.ai to Co-Develop A.I.-Based Modules
TS Imagine, a provider of trading, portfolio, and risk management solutions for capital markets, has launched a strategic development partnership with Gentek.ai, a horizontal artificial intelligence (A.I.) platform with domain experience in financial services, officials say. Officials add that the partnership is intended to co-develop A.I.-based modules designed to cut complexity, improve performance, and “set… Read More >>
SFP Group Adopts Broadridge’s Front-to-Back Platform
Swiss real estate asset manager Swiss Finance & Property Group (SFP Group) is using an investment management technology platform from Broadridge Financial Solutions to oversee more than $15 billion in assets under management. The platform is based on a software-as-a-system (SaaS) platform that is intended to help SFP Group prepare for more growth with a… Read More >>
Nomura Securities Analyst Models Available via S&P Global
Analyst models from Tokyo-based investment bank Nomura Securities are available via the S&P Global Visible Alpha consensus collection of sell-side analyst models, S&P Global announced via a blog posting. “The 30+ publishing analysts from Nomura currently cover more than 600 companies, providing specific model line items to thoroughly understand a company’s performance and trends, KPI-specific… Read More >>
