U.K. Firm Wants Cost-Effective, Scalable Back Office Liberum, a pan-European investment bank, signed a multi-year deal with Torstone Technology in July to deploy the vendor’s Inferno back-office system and went live earlier this month with the new system, achieving a four-month implementation, according to Liberum and vendor officials. An employee-owned firm, Liberum offers pan-European equity… Read More >>
Anti-FATCA Push Hits Roadblock in Israel
The Israeli Supreme Court has given the green light for U.S. authorities to gather the data they need from financial services firms to enforce the Foreign Account Tax Compliance Act (FATCA), which is seen as a setback for the anti-FATCA movement via international and U.S. court systems. The controversial FATCA legislation authorizes the U.S. government… Read More >>
