Virtu Financial has announced new executive hires and changes to its leadership team. Brett Fairclough has been promoted to chief operating officer and global head of business development; Alex Ioffe will join the company as chief financial officer effective September 30, 2019; and Marc Rosenthal joins the executive team from Morgan Stanley’s equity division as executive vice president of strategy and corporate development.
The importance of data lineage has escalated in recent years in response to regulatory demand and increased business understanding of the benefits it can deliver. Like all capital markets technology, data lineage presents both challenges and opportunities, so how best can it be implemented and sustained? And how can your organisation reap the rewards of...
Building on the expansion of its Alpha Pro artificial intelligence agent for trading, begun in November, trade execution management system (EMS) provider Portware is moving toward what its CEO, Alfred Eskandar, calls a “bionic trading desk.” From March 2009 to March 2017, Portware’s Alpha Pro technology has delivered 133 basis points in return on micro...
Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.
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.