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Financial Crime Veterans Join Arachnys Board
Arachnys, a provider of customer risk intelligence in the areas of Know Your Customer (KYC), Anti Money Laundering (AML) and Due Diligence (DD), has selected four new members to join its executive board in a bid to support the company’s growth strategy. The new members are Nigel Broda, previously vice president of sales at NICE…
Digital Asset Names Former Thomson Reuters Exec James Powell to CTO
Digital Asset, a New York-based distributed ledger technology solutions provider, has appointed former Thomson Reuters executive James Powell as its new CIO and CTO of engineering. Powell is charged with guiding development of the company’s distributed ledger platform and smart contract modelling language, DAML. He joins the firm after a stint at Warburg Pincus as…
Thomson Reuters Financial & Risk Business to be Renamed as Refinitiv
Thomson Reuters Financial & Risk business will be renamed as Revinitiv following the closure of the company’s strategic partnership with private equity fund manager Blackstone, which will acquire 55% of the business and leave 45% with Thomson Reuters Financial & Risk in its new guise as Refinitiv. David Craig, president of the Financial & Risk…
Siren Investigative Intelligence Platform Finds Favour in Financial Markets
Siren, a Galway based provider of investigative intelligence, is making headway in capital markets following a €3 million round of seed funding early this year that allowed the company to offer its semantic data investigation technology to market sectors beyond its initial target of law enforcement and including financial services and life sciences. To date,…
ITS Summit NYC 2018 Podcast: Exploring Digital Transformation for Financial Desktops
Digital transformation is all the rage in the back office, but what about the front office where traders work with at least 10 different apps every day? This fractured ecosystem was the subject of a session presented by Adam Toms, CEO of OpenFin Europe, at last month’s A-Team Group Intelligent Trading Summit in New York…
JNAM Adopts Hosted GoldenSource Solution for N-PORT, N-CEN Data Compliance
Jackson National Asset Management (JNAM) has selected GoldenSource to provide a fully hosted data management platform to help meet its regulatory obligations. Specifically, the asset manager, a subsidiary of Jackson National Life Insurance, will use the GoldenSource platform to meet requirements for structured data elements inherent in the impending form N-PORT and N-CEN filings with…
NorthRow Joins FCA Regulatory Sandbox
Regtech and compliance specialist NorthRow has been selected to join the fourth cohort of the Financial Conduct Authority (FCA)’s Regulatory Sandbox, an initiative launched in 2015 to provide a channel for businesses to test products and services in a controlled and customised live market environment. NorthRow (formerly Contego) delivers customer onboarding through a combination of…
Managed Services and the Evolving Operating Model
By Liz Blake, Global Head of Eagle Managed Services According to a recent Experian white paper, ‘Building a Business Case for Data Quality’, 83% of organisations have seen bad data stand in the way of reaching key business objectives. In particular, the research identified lost sales opportunities, inefficient processes, and client relationships as among the…
Tackling a New Era of Financial Data Management
By Martijn Groot, Vice President of Product Management, Asset Control Business users across financial services are more data hungry than ever before. They want to interact with data directly and quickly collect, manipulate and analyse the data in order to streamline operations. There are two drivers for this. First, users increasingly expect instant access to…
Fenergo Eyes Asset Managers with Buy-Side Push for Client Lifecycle Management
Client lifecycle management (CLM) solutions provider Fenergo is taking an ambitious jump into asset management with the launch of a strategic new buy-side division. Headed up by Kevin O’Neill, formerly the head of the US asset manager segment for the Royal Bank of Canada’s Investor & Treasury Services, the new team will focus on leveraging…