BlackRock Launches Climate Risk Add-On for Aladdin Asset management giant BlackRock is targeting financial institutions and investors that want to quantify climate risk via their portfolios. To help firms take on climate risk, BlackRock has launched the Aladdin Climate software application that analyzes climate risk and opportunities “at the security level,” and tracks policy changes,… Read More >>
UMR Raises the Stakes for Recs & Ops
Is it possible that the global collateral and margining reforms known as the Uncleared Margin Rules (UMR) could be viewed as having ramifications beyond increasing workloads for reconciliation and securities operations to meet the compliance challenge? Many medium-to-small-sized firms may be asking that question as they work their way through the many requirements of UMR… Read More >>
Gresham Taps Duco for Top European Sales Post
Vincent Him Joins Gresham London-based reconciliation vendor Gresham Technologies has tapped competitor SmartStream Technologies to fill a senior European sales position, underscoring its international growth efforts, officials say. Gresham has hired Vincent Him to be sales director for Europe, and he has nearly 25 years of experience across the post-trade reconciliations industry. In addition to… Read More >>
Gresham Buys Inforalgo to Bolster Regulatory Reporting
Gresham to Integrate Inforalgo with Clareti Reconciliations vendor Gresham Technologies has acquired pre- and post-trade data management specialist Inforalgo Information Technology Ltd. in an effort to to expand Gresham’s regulatory reporting capabilities, officials say. Inforalgo reports that it offers cloud-based, straight through processing (STP) solutions and automation technologies that help financial institutions with complex real-time connectivity… Read More >>
Firms Need Collaboration to Keep Up: Q&A
(In the past, some financial services firms have been known to follow the mantra of “if it ain’t broke, don’t fix it,” notes Mark Bolton, head of international sales for Gresham Technologies. Yet the financial technology landscape has been changing fast and firms will have to keep up or risk having “solutions that are unable… Read More >>
CloudMargin Hires Former Group CEO of TriOptima
CloudMargin Appoints Stuart Connolly as Next CEO A former Group CEO of TriOptima Stuart Connolly has been named as the new CEO of CloudMargin, a London-based vendor of cloud-based collateral and margin management solutions, replacing Steve Husk, who left CloudMargin. The CloudMargin board of directors approved Connolly’s appointment and he has taken on the role,… Read More >>
