A-Team Insight Author: sharon
Citi, State Street Join FundGuard Platform as Part of $40 Million Funding
Citi and State Street Corp. have joined existing investors in FundGuard’s $40 million Series B funding round, becoming strategic partners in the company’s bid to establish a SaaS-based investment management and asset services platform. With ‘anchor tenants’ Citi and State Street on board, FundGuard is now launching efforts to add more specialised providers of capabilities...
RegTech Insight – Cybersecurity
Pandemic restrictions are finally easing in many parts of the world. But financial institutions across the board continue to feel the effects of remote and home working on their vulnerability to cyberattack, with incidents ranging from data breaches and stolen data, to disruption to key activities like trading, settlement and payments. That’s bad news, since...
Singletrack Teams Up with Glue42 for Embedded Sell-Side CRM and Analytics
Singletrack has partnered with interoperability specialist Glue42 to integrate its client engagement and analytics platform into Glue42’s desktop integration platform. Through the initiative, which makes use of the FDC3 integration standard, Singletrack is seeking to offer hyper-personalised experiences to its sell-side clients. “As a company, we have been tracking the FDC3 standard for a while...
Valantic FSA Completes Strategic Investment in Low-Code Platform Provider Velox
Electronic trading and automation solutions provider valantic FSA, has completed a strategic investment in low-code development fintech Velox Financial Technology, to complement and bring further flexibility to its electronic trading business. The terms of the investment have not been disclosed, although valantic says it is “significant” and that it will allow the company to bring...
Bloomberg, MSCI Launch First in Range of Climate-Transition ESG Indices
Data giants Bloomberg and MSCI plan to offer investors a suite of climate-themed fixed-income indices following the unveiling this week of the first batch of gauges designed to offer transparency into corporate net-zero transitions. The companies’ joint Climate Benchmark offering combines MSCI Climate data and analyses with Bloomberg’s fixed-income indices, providing assessments of corporate bond...
SBTi Warns Lack of Net-Zero Standards Will See Paris Goals Missed
The absence of standard global reporting structures has long been seen as an impediment to the effective allocation of resources into ESG-themed projects and products by financial institutions. Now they are finding similar handicaps as they try to navigate the net-zero transition space, according to a report by leading greenhouse gas reduction framework setter Science-Based...
LSEG Expands Digital Identity Capability with Acquisition of Global Data Consortium
London Stock Exchange Group (LSEG) has signed a definitive agreement to acquire Global Data Consortium, a provider of high-quality identity verification data to support clients Know Your Customer (KYC) requirements. LSEG says the acquisition is aligned to the group’s vision of becoming a market leading global digital identity and fraud solutions provider. GDC, combined with...
NeoXam Extends Relationship with Financière de l’Arc for Move to Cloud
French asset manager Financière de l’Arc has extended its relationship with NeoXam by subscribing to the vendor’s ‘as a service’ offering to host and manage its NeoXam Portfolio Management System (PMS). The relationship began in 2011 after Financière de l’Arc chose NeoXam PMS as its core system for order management, position-keeping, compliance and NAV validation....
Greater Automation Could Pay Dividends for Banks in April
By Daniel Carpenter, Head of Regulation at Meritsoft, a Cognizant company. With the first round of the dividends season upon us, it is not only the front office that is preoccupied right now. Dividends are one of many forms of claims that also require attention in the back office. The typically busy period in April,...
Datactics Partners Solidatus and MANTA, Supports Clients Developing Data Fabric
Datactics has made technology partnerships with Solidatus and MANTA with a view to helping clients build data fabric architecture that enables them to visualise and understand data quality at rest and in motion across the enterprise. By combining Datactics’ self-service data quality and matching software with Solidatus’ data lineage discovery, visualisation and management solution, clients...