ABN Amro has confirmed that it could face possible money laundering fines, following an order from the Dutch central bank to review all its transactions for possible money laundering or financial crime activities. The news comes after fellow Dutch bank ING was hit with a $900 million fine in September 2018 for similar issues.
Interest among the international institutional community in trading South African markets is on the rise. With connectivity, data and analytics options for trading on the Johannesburg Stock Exchange growing more sophisticated, and the emergence of A2X as a credible alternative equity market, South Africa is shaping up as a financial centre that can offer a...
In what appears to be its first comment on the planned sale of its Actimize subsidiary, NICE Chief Executive Scott Russell told analysts on the recent Q1 earnings call that the company had been “working with advisers over the past several months” on a process for “non-CX assets”, which he identified as financial crime and...
Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
The highly specialised realm of high frequency trading without doubt is a great driver for a range of high performance technologies that are becoming essential tools for Wall Street. More so than the now somewhat pedestrian algorithmic trading and analytics/pricing applications that are usually cited as the reason that HPC is hitting the financial markets,...