UBS is collaborating with Barclays, Credit Suisse, KBC Asset Management, SIX and Thomson Reuters to meet MiFID II legal entity identifier (LEI) requirements and improve the quality of counterparty reference data using Ethereum smart contracts. The project, which was kick started by UBS in its London-based innovation lab Level39, is currently in a pilot phase,… Read More >>
KBC Bolsters Active Strategy via Risk-PMS Link
Brussels-based KBC Asset Management (KBC) will be deploying risk management and portfolio optimization software from vendor Axioma that will be linked to its portfolio management and order management systems (PMS/OMS). With the deployment, KBC will be able to “improve our investment processes, risk analysis and operational efficiency across all our quantitative equity strategies,” says Joris… Read More >>
NSX Officially Re-Launches, Debuts Low-Price Fees
NSX Re-Launches for Equities, ETFs As expected, the National Stock Exchange (NSX) has re-launched trading operations for equity securities and exchange-traded funds (ETFs), and reports that it is offering “low-price market access fees,” officials say. The relaunch follows the SEC’s approval on Dec. 14 to resume trading operations, which includes a phased roll-out of all… Read More >>
