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Apex Group to Use GoldenSource’s Services

March 1, 2019 by FTF News

Apex Group to Use GoldenSource’s Services

Apex Hoping SaaS Solution Will Help Growth Fund administrator Apex Group Ltd., touted as the world’s fifth largest fund administrator, has signed on to use GoldenSource’s its centralized pricing and reference data services, officials say. Apex will use GoldenSource’s enterprise data management (EDM) software-as-a-service (SaaS) solution to improve operating and cost efficiencies “through the standardization… Read More >>

Filed Under: Case Studies, Data Management, Middle-Office, Operational Risk, Outsourcing, Risk Management, General Interest, Governance, FinTech Trends, Back-Office, Integration, Standards, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Reporting, Industry News, People Moves Tagged With: Apex Group, BNY Mellon, Chris Mulhern, Enterprise Data Management, FX global code, FX market, GoldenSource’s, Ideal Prediction, Jeffrey Shoreman, Jon Hallam, Magda Palczynska, middle office, SaaS, Scott Freidenrich, SS&C Eze, SWIFT 2019, Volante

Standard Chartered Pays $40M Fine via FX Case

February 6, 2019 by Louis Chunovic

Standard Chartered Pays $40M Fine via FX Case

The New York Department of Financial Services (DFS) has fined Standard Chartered Bank $40 million for attempting, in the period between 2007 and 2013, to “rig transactions in foreign exchange [FX] markets.” Under the consent order with DFS (the last in a series of consent orders that, DFS says, “follow a detailed investigation of manipulation… Read More >>

Filed Under: Securities Operations, Case Studies, Corporate Actions, Middle-Office, Operational Risk, Ops Automation, Risk Management, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Reporting Tagged With: DFS, foreign exchange business, FX market, manipulate trading benchmarks, Maria T. Vullo, non-competitive agreements, rig transactions, Standard Chartered

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