SimCorp has appointed Ian Crompton as managing director of its U.K. group, replacing Kjell Nordgard, who has returned to SimCorp’s head office in Denmark after five years in the U.K. Crompton has been sales director at SimCorp for nearly two years, and before that was regional sales director at Eagle Investment Systems. SimCorp has also promoted Elizabeth Gee, formerly of DST International, to sales director.
The EU’s MiFID II and other regulations globally have placed greater emphasis than ever on market surveillance, recording of trading communications and records-retention processes in an attempt to stamp out market abuse and boost investor confidence and protections. At the same time, the public’s attitude toward data privacy has hardened, most visibly through new regulations...
Overbond has won the award for Most Innovative AI in Trading Initiative in A-Team Group’s Innovation Awards 2023. The awards celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. Overbond’s trading solution was selected as a...
Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.
The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...
