In a press release on Sunday, CME noted that the post-trade solutions provider, formed in 2021, has grown into a critical infrastructure player in the global over-the-counter (OTC) derivatives market. The enterprise value of the transaction will be split equally between S&P Global and CME Group, which each hold a 50% stake in OSTTRA. The…
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The funding is expected to support Plum’s expansion plans and ongoing efforts to scale its business, particularly as it grows its user base across the UK and Europe. The London-based fintech, which uses AI to help users manage savings and investments, now serves over two million customers and has helped set aside more than £5…
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The partnership is expected to enable real-time fund transfers for millions of users in the region. The company explained that the collaboration will let bank and mobile wallet users link their accounts with PayPal and transfer funds seamlessly and securely. Citing Mordor Intelligence, the company said digital payment volumes in the MENA region are expected…
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The collaboration integrates Broadridge’s Distributed Ledger Repo (DLR) platform with Fnality’s Payment System (FnPS), enabling delivery versus payment (DvP) using digital representations of funds held at central banks. Broadridge said in a press release that the initiative is expected to improve efficiency, optimise liquidity management, and reduce operational risk in repo markets. “This leap forward…
Read moreThe dashboard is designed to enable market participants to take control of their financial resources. The upgraded version is said to enhance transparency and efficiency. Furthermore, the company highlighted that the enhanced dashboard introduces a detailed breakdown of failed settlement instructions, helping users gain a clearer view of credit line utilisation and collateralisation. It also…
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The company added that its CEO and Co-Founder, David Vincent, along with the firm’s broader management team, will invest alongside TA, reinforcing their long-term commitment to the company. The France-based fintech firm, which operates in major financial hubs including London, New York, and Tokyo, provides SaaS solutions to support electronic trading and payments. TA’s investment…
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The firm explained that the collaboration aims to digitise payments for SMEs using vertical SaaS platforms, replacing manual transactions with secure, streamlined solutions. By integrating Unipaas’ compliant payment infrastructure with Mastercard’s global network and fraud protection capabilities, the partnership is expected to enable SaaS platforms to offer SMEs improved payment processing. The shift is seen…
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The move is designed to streamline fixed-income trading workflows. The firm explained that BondVision is a multi-dealer-to-client trading platform for rates, credit, and repo. The DCT protocol, which was developed within the BondVision Partnership, is said to enhance trade processing by automating workflows between dealers and clients, reducing manual entry, and improving Straight-Through Processing (STP). …
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The company explained in its press release that the Enterprise Payment Hub consolidates payment workflows into a single platform, ensuring security, encryption, and real-time monitoring. It is also said to improve connectivity between payment systems and banks through various channels, enhancing transparency and efficiency. "Visibility and controls around payment management are increasing in criticality," said…
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The deal, first announced in January, was finalised on 1 April 2025. Freetrade will continue to operate as a standalone brand, with co-founder and CEO Viktor Nebehaj and his leadership team remaining in place. Nebehaj said the acquisition would allow Freetrade to “fast-track the rollout of new products and features” while accelerating growth. Meanwhile, IG’s…
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