(Editor’s note: Droit Financial Technologies, a provider of pre-and post-trade offerings including a client readiness offering and trade and transaction reporting such as point of trade and position reporting, is collaborating with Finbourne Technology, a provider of cloud-based investment data management software. Together they are delivering a solution that combines regulatory interpretations, regulatory clarity, and… Read More >>
Vendors Target Multiple Facets of MiFID II Compliance
Financial technology vendors are readying products to help global financial services firms prepare for the many facets of the Markets in Financial Instruments Directive and Regulation (MiFID II/MiFIR) legislation, which takes effect January 3, 2018. The offerings range from support for digitized pre- and post-trade processes to stress-tests for trading algorithms and execution processes. The new… Read More >>
DTCC Promotes Ann Shuman to General Counsel
Post-trade infrastructure provider DTCC has promoted Ann Shuman from the post of DTCC managing director and deputy general counsel to the position of general counsel for the company, as of February 1, officials say. Shuman replaces Larry Thompson, who is stepping down to serve full time as vice chairman of DTCC, a post he has… Read More >>
Droit to Grow Operations With $16M Cash Injection
Droit Financial Technologies, an over-the-counter (OTC) derivatives trading systems vendor, is expanding operations to foster the acceptance of its real-time, decision-making engine for point-of-execution compliance. This is possible because of a $16 million, Series A minority investment via Goldman Sachs, Pivot Investment Partners and Wells Fargo. A principal trading firm, DRW, also participated in the… Read More >>
