The Securities and Exchange Commission (SEC) has been getting a lot of attention and corporate pushback for its proposed rulemaking efforts “that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports, including information about climate-related risks.” While that battle is ongoing, the chairman of the Commodity Futures Trading Commission… Read More >>
What Does a Post-UMR World Look Like?
(FTF News recently spoke with Chris Walsh, the CEO of Acadia, about the world of derivatives trading after the Uncleared Margin Rules (UMR) reforms take hold — the UMR Phase 6 deadline is September 1, 2022. An industry veteran, Walsh held key roles at NYSE Technologies, NYFIX, and Thomson Financial before Acadia, which was once… Read More >>
Google Cloud Tapped for Climate FinTech & Other News
MAS & Google Launch Climate FinTech Initiative The Monetary Authority of Singapore (MAS) and Google Cloud report that they are launching an initiative “to drive the innovation, incubation, and scaling of climate FinTech solutions in Asia.” The Point Carbon Zero Program is “a collaboration under MAS’ Project Greenprint,” that will spur climate FinTech solutions to… Read More >>
DTCC Report Hub Attracts 70+ Clients
More than 70 firms have signed up for a service that manages regulatory reporting requirements for 14 jurisdictions — the DTCC Report Hub — an offering of post-trade systems and services provider Depository Trust & Clearing Corp., officials say. In late 2020, the DTCC acquired a platform for compliance management reporting, dubbed the Compliance Management… Read More >>
Northern Trust’s Digital Assets Team & Other News
Northern Trust Combines Groups for Digital Effort Northern Trust has combined teams and launched a Digital Assets and Financial Markets group that will be “responsible for supporting the fast-growing digital asset markets and those dedicated to providing market access and insights across the traditional securities services markets,” officials say. The step is a recognition of… Read More >>
Disaster Recovery & Resilience Are Part of Production: DTCC
A new white paper from the Depository Trust & Clearing Corp. (DTCC) is making the case that disaster recovery and resilience are becoming part of the real-time, production IT infrastructure at financial services firms rather than rare contingencies. The report, “The Power of Technology Resilience: A Framework for the Industry,” argues that while firms are… Read More >>
ICE Expands Fixed Income Services & More News
ICE Best Execution Platform Gets a Makeover Officials at Intercontinental Exchange, Inc. (ICE) report that the exchanges and technology company is doubling its coverage of fixed income instruments via improvements to the ICE Best Execution Service platform. The enhancements encompass pre-trade analysis, and front-, middle- and back-office services, and will help the ICE platform manage… Read More >>
Canadian Firm to Use SimCorp & Other News
StonePine Signs Up for SimCorp’s Centralization A relatively new Canadian firm, StonePine Asset Management reports that it will be using an investment platform and services from vendor SimCorp to jumpstart its growth. The new agreement will mean that SimCorp’s Software as a Service (Saas) investment management solutions will run the asset manager’s front-to-back office… Read More >>
Germany’s LPA Plans U.S. Expansion & Other News
Germany’s LPA Plans U.S. Expansion LPA, the capital markets technology and advisory firm headquartered in Frankfurt am Main, Germany, with offices in a dozen cities around the world, reports a United States expansion plan. The plan calls for a new office in New York City and the appointment of Serge Malka as the firm’s U.S…. Read More >>
FTF Reveals the Winners of the 2022 FTF Awards
Financial Technologies Forum (FTF) is pleased to announce the winners of the 2022 FTF News Technology Innovation Awards competition and to confirm that there will be an in-person gala event later this year to celebrate the industry’s achievements in operational excellence. “I think it’s safe to say that it’s been a long two years. During… Read More >>
