ION Group has acquired Dallas-based Allegro Development, a commodity management solutions provider. The acquisition of Allegro is designed to expand ION’s footprint in commodities and its portfolio of enterprise solutions. Allegro intends to continue to expand its suite of offerings, while its clients can benefit from ION’s additional scale and offerings. ION last year acquired Fidessa to extend its reach in equities and derivatives trading solutions.
A-Team Insight Briefs
ION Group Acquires Allegro Development
Market surveillance is crucial, and in many cases a regulatory requirement, to ensuring orderly securities markets and sustaining confidence in trading. It can be breached and has become increasingly complex in the wake of the Covid pandemic, Brexit, and the emergence of new asset classes. This webinar will review the extent of market abuse in...
IHS Markit has partnered with Wave Labs, a start-up specialising in fixed income liquidity sourcing, to accelerate price discovery and deliver insights and operating efficiencies to buy-side fixed income managers. The arrangement involves plug-and-play integration of IHS Markit’s thinkFolio multi-asset investment management platform with Wave Lab’s Electronic Liquid Seeking Application (eLiSA). Sourcing liquidity in fixed...
TradingTech Summit London will explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility. Leveraging the cloud, AI and ML technologies to get an edge, automate processes and simplify operations in a cost effective way is the name of the game and will share practical insight from practitioners and technology leaders who are innovating and driving forward change in trading operations.
Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.