Xavier Rolet, who left LSE in 2017, stated in his paper that: The UK needs to promptly consider the Spac revolution. Whilst there are significant differences between our markets and those in the US, the appetite for permanent listed capital on the part of ambitious UK and European entrepreneurs and innovators is no less than…
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Danny Green, Head of Post-trade at Broadridge International said: Brokerage firms are facing increasing client demand for a wider variety of products and services, while also dealing with rising system infrastructure costs, ongoing market and regulatory change, and increased risk due to inadequate legacy technology. Firms need to transform their operations to be ready for…
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TTMzero’s team consists of 25 technology specialists in Berlin and an client base with over 20 large financial institutions, including two of the world’s largest investment banks. Christian Frahm, Founder and CEO, United Fintech explained: We are very excited that TTMzero is now part of United Fintech. They are market leaders in their field, with…
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The Team Tom Robinson has been named Partner & Head of Sales. He joins United Fintech from Jefferies where he served as Managing Director and Head of e-FX Sales. Robinson’s career includes almost a decade at Goldman Sachs as Managing Director and Global Head of e-FX Sales. He has also held sales roles at Barclays…
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Another advantage of the new accounts are their low fees. Treasurers are used to paying sizeable commissions and rates, much higher than interbank rates. Neo’s average trading fees vary between 0.05% and 0.25%. Laurent Descout, CEO and Founder of Neo, commented: The fintech revolution has impacted many areas of financial services to date, but corporate…
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Fusion Kondor allows banks to trade high volumes of treasury while also offering flexibility to support more complex derivatives, options and structured trades. The solution’s integration with existing systems and applications is easy. Fusion Risk offers a fully automated, end-to-end IFRS9/CECL solution. It is integrated with Finastra’s core banking, lending and trading solutions. It also…
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Q2 financial highlights include: Net revenue grew by 10.3% to RMB 1,810.5 million ($256.3 million) from RMB 1,641.9 million in the same period during the previous year. Operating profit reached RMB 567.2 million ($80.3 million), 26.1% down from RMB 767.6 million in the Q2 of 2019. Non-GAAP adjusted operating profit, excluding share-based compensation expenses before…
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Tim Gokey, Broadridge's CEO said: With an exceptional fourth quarter, Broadridge reported strong fiscal year 2020 results including 10% Recurring revenue growth, 8% Adjusted EPS growth, and record closed sales. Our full-year performance despite event-driven headwinds and the ongoing pandemic further validates the Broadridge business model and value proposition, and gives us even greater confidence…
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Comyn added: We’re also delighted to welcome Square Peg and Zetta as strategic partners and look forward to working with them to bring new solutions to our customers, harnessing the latest technologies, artificial intelligence, and machine learning models. Venture capital fund Square Peg has backed a range of successful Australian ventures and will partner with…
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FXCM Pro’s partnership with Tradesocio will ensure its clients keep pace with the competitive broking and trading sectors. Wael Salem, CEO of Tradesocio commented: We are very excited about this partnership which combines a complete, front-to-back-end fintech solution from Tradesocio with FXCM’s state-of-the-art liquidity offering and risk tools. This partnership will enable brokerage firms, investment…
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