Category: Financial Services

Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
February 20, 2025 BY Sam Boughedda

Investor Communications Japan Expands Broadridge Partnership

It was revealed that ICJ, a joint venture between Broadridge and the Tokyo Stock Exchange, will integrate Broadridge’s JASDEC Processing Solution (JASDECPS) to manage proxy voting data, reducing administrative risks while strengthening security and efficiency.  The move is said to align with JASDEC2025, a major capital markets infrastructure upgrade set to go live in early…

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February 20, 2025 BY Sam Boughedda

eToro Granted MiCA Permit by CySEC

The permit allows eToro (Europe) Ltd to provide regulated cryptoasset services across all EU member states, subject to notification requirements. Avi Sela, eToro’s Chief Operating Officer, highlighted the importance of regulatory oversight in the crypto sector. "We appreciate the importance of regulation to protect consumers, support financial stability, facilitate transparency, and build trust," he said. …

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BNP Paribas and market maker GTS extend collaboration to US Equities
February 19, 2025 BY Sam Boughedda

Broadridge Partners With BNP Paribas’ Securities Services Business

The partnership aims to maximise asset recovery opportunities for BNP Paribas' clients by leveraging Broadridge’s proprietary technology and industry expertise. "As the Securities Services business of BNP Paribas, we are committed to delivering innovative and differentiating products to our clients," said Christian Houillon, Head of Custody Product for Securities Services at BNP Paribas.  "Broadridge brings…

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February 19, 2025 BY Sam Boughedda

Grupo Bolsa Mexicana de Valores Partners With IPC to Deploy Beeks Technology

The company said the collaboration will see the implementation of primary and disaster recovery sites in Mexico City, providing secure, low-latency co-location services.  The initiative, set to go live in the second half of 2025, is expected to enable market participants to host their operations directly on the platform, removing the need for proprietary infrastructure.…

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LSEG, London Stock Exchange
February 18, 2025 BY Sam Boughedda

LSEG Appoints New Head of Post Trade Japan and Post Trade Solutions APAC

The firm revealed that Tomiyasu will report to Rohit Verma, Head of Post Trade, APAC, and Andrew Williams, Global Head of Post Trade Solutions. “The newly created position further reinforces LSEG’s strong commitment to servicing Japan and APAC’s dynamic markets,” said LSEG. Daniel Maguire, Group Head of LSEG Markets and CEO of LCH Group, welcomed…

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financial buildings
February 18, 2025 BY Sam Boughedda

Euroclear Announces US Treasury DVP Repo Service Launch

The first trade under the new service was completed on 6 February 2025 between Euroclear Bank and Toronto Dominion Bank London. The firm explained in a press release that the new solution offers cash lenders operational efficiency similar to triparty repo transactions, integrating electronic trading workflows for seamless collateral allocation.  Repo collateral will be held…

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FINRA
February 17, 2025 BY Sam Boughedda

Cova Capital Partners Fined by FINRA

The firm was also found to have lacked a proper supervisory system and failed to comply with filing requirements. Between June 2018 and December 2021, Cova is said to have recommended three private placements without verifying key details about the issuers and investment risks.  As a result, FINRA determined that Cova willfully violated Regulation Best…

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Standard Chartered bank HQ
February 17, 2025 BY Sam Boughedda

Standard Chartered, Animoca Brands and HKT Establish JV For HKD-Backed Stablecoin

SCBHK, which has actively participated in HKMA’s tokenised money projects, will contribute its bank-grade infrastructure and governance to the JV.  “Stablecoins play a critical role in the overall digital asset ecosystem,” said Bill Winters, Group Chief Executive of Standard Chartered. “Standard Chartered’s bank-grade infrastructure, governance and global reach mean that we are in a good…

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