Fidelity launches RegTech business Saifr LeapRate

January 25, 2022 BY Steffy Bogdanova

Fidelity launches RegTech business Saifr

Vall Herard, Managing Director of Saifr, Fidelity Labs, said: Ensuring that marketing materials are compliant with various regulatory rules requires multiple touchpoints inside and outside an organization, including content creation, compliance feedback, revisions, e-mail, and workflow hand-offs. As a result, the process can be inefficient and create the opportunity for friction and risk. Saifr’s AI…

December 19, 2019 BY Valentina Kirilova

Fidelity extends its digital asset services to Europe with London expansion

One of the largest financial service providers in the world, Fidelity Investments, has announced the extension of its new digital assets division to Europe based on “significant interest” expressed for the product by its institutional clients. Despite Brexit uncertainty, the $7 trillion assets under management behemoth also announced that it intends to set up shop…

November 28, 2019 BY Valentina Kirilova

Fidelity gets competitive leg up in NY State on proposed Schwab/TDA deal

Fidelity Digital Asset Services (FDAS) has announced that New York officials have given it the green light to offer crypto trading services to its clients in the state. FDAS, a subsidiary of Fidelity Investments, has received a “BitLicense”, a coveted legal requirement to do business in the Empire State, from the New York State Department…

June 28, 2019 BY Valentina Kirilova

Crypto Progress Update: JPMorgan to begin trials; IBM upgrades platform

Corporations across the globe have been moving forward on many major internal crypto and blockchain related products and services, not waiting for private token development companies to provide solutions for their specific needs. While most of the newsprint these days has been devoted to the likes of Facebook, Fidelity Investments, and the Bakkt exchange, firms…

February 22, 2019 BY Valentina Kirilova

Financial leaders across investment spectrum touting crypto potential

JPMorgan Chase (NYSE:JPM) may have taken the crypto world by surprise with its sudden “JPM Coin” introduction. The flurry of press headlines about this internal token/blockchain project have been a distraction, but if you peel back the layers of this circus sideshow, you would discover a host of other investment industry leaders touting the long-term…

July 19, 2018 BY LeapRate Staff

Exclusive: Fidelity sells down Playtech stake to below 5% after earnings miss

LeapRate Exclusive... LeapRate has learned via regulatory filings that Boston based investment management giant Fidelity Investments, through its FMR LLC subsidiary, has recently sold down some of its stake in online gaming and financial trading provider Playtech PLC (LON:PTEC). Fidelity was one of Playtech's largest shareholders with a 5.06% interest in the company, worth about £82…

February 06, 2017 BY LeapRate Staff

Norwegian central bank Norges takes 3% position in CMC Markets

LeapRate Exclusive... LeapRate has learned via regulatory filings made in Norway and the UK that Norway's central bank, Norges Bank, has taken a 3% equity position in the shares of UK online Forex and CFDs broker CMC Markets Plc (LON:CMCX). The Norges Bank stake in CMC consists of 8.77 million shares, worth about £9.6 million (USD…

December 20, 2016 BY LeapRate Staff

Fidelity sells stake in CMC Markets to below 5% after FCA's CFD rules change

It looks like Fidelity Investments isn't waiting for the big bounceback in shares of UK online brokers, following the $2 billion+ market cap hit taken by publicly traded brokers in the wake of the FCA's recent tightening of rules around CFD brokerage and trading. It was indicated in a recent regulatory filing that the US investment…

June 26, 2016 BY LeapRate Staff

Forex Industry Week Review: Brexit dominated - but also LCG's £10M recap, Fidelity invests in CMC, and lots more

Forex Industry News this week at LeapRate was dominated by three main themes: Brexit, Brexit and Brexit. It was a week which will reshape not just the political landscape in Europe, but the financial markets as well, with the FX sector at the head of the pack. We're pleased to report that some of our unique coverage…

June 20, 2016 BY LeapRate Staff

CMC Markets sees Fidelity Investments overtake Goldman Sachs as its #2 shareholder - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned, via filings made to the London Stock Exchange, that investment and mutual fund giant Fidelity Investments has built up a 5.22% position in FCA regulated online brokerage firm CMC Markets Plc (LON:CMCX). Headquartered in Boston MA, Fidelity Investments is one of the world's largest investment management and mutual fund companies. Fidelity has…

Tag: Fidelity Investments