Robo-advisors are gradually becoming more popular in Asia, especially among retail investors. While it will take some time, these advancements-and the technologies that underpin these platforms-are likely to seep into the institutional space in years to come. Wei-Shen Wong from Waters Technology speaks to several firms in the region to discuss how they’ve built out…
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Following its recent acquisition of risk management solutions provider ThinkLiquidity, brokerage solutions provider IS Prime has announced the launch of a new product called PredatorWatch, out of its newly minted division IS Risk Analytics (ISRA). ISRA's PredatorWatch is meant to help brokers to identify toxic clients before or shortly after they trade. PredatorWatch uses ISRA’s wide client…
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Russia-based network operator Avelacom announced that has extended its low latency network and launched a new point of presence (PoP) to connect Interxion’s London data centre and Borsa Istanbul, making it easier for London’s capital markets players to enter emerging markets and exploit cross-venue arbitrage opportunities. Interxion’s London data centre is home to an extensive…
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LSE financial economist Dr Jean-Pierre Zigrand has been appointed UK principal investigator of a world-first global project to analyse high frequency financial data. Dr Zigrand, co-director of the Systemic Risk Centre at the London School of Economics and Political Science (LSE), will work with colleagues in the UK, France, Germany, Finland and the US to…
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Provider of network, cloud, and security services BT Global Services UK (LON: BT.A) just announced the opening of a new customer experience showcase for its financial industry clients. Located at its Adastral Park research and development hub in the UK, it demonstrates how digital innovations can be securely adopted throughout a financial services organisation to…
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IBM Security (NYSE: IBM) and SIX, the operator of the infrastructure underpinning the Swiss financial sector, today announced plans to leverage IBM Watson for Cyber Security in a new cognitive Security Operations Center (SOC). The new facility will be housed at SIX’s offices in Switzerland to provide localized cyber security services tailored to needs of…
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LeapRate Exclusive... LeapRate has learned that veteran marketing executive Elizabeth Rayment has left her longtime position as Marketing Manager at Dubai-based and FCA regulated retail forex broker ICM Capital. Ms. Rayment, who has been with ICM Capital and been based in the UAE for nearly six years, has returned to London to set up her…
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The Securities and Exchange Commission (SEC) adopted an amendment to shorten by one business day the standard settlement cycle for most broker-dealer securities transactions. Currently, the standard settlement cycle for these transactions is three business days, known as T+3. The amended rule shortens the settlement cycle to two business days, T+2. The amended rule is designed…
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Information giant Thomson Reuters Corp (NYSE:TRI) just announced that corporate legal departments can more easily compare their performance to industry benchmarks and streamline frequently-used workflows with new automation tools in the latest update of Thomson Reuters Legal Tracker™ (formerly Serengeti Tracker™), the e-billing and matter management solution. Tracker Benchmark Index data is now available in…
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National Settlement Depository (NSD), Russia’s central securities depository, in cooperation with the Russian National Association of Securities Market Participants (NAUFOR), has launched a centralized system for record keeping and distributing Unit Investment Trust (UIT) units. The new system allows users to get access to operations with the UIT units for all asset management companies connected…
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