Search Results for: Banks
Traiana goes live with Barclays and UBS
June 14th, 2016
Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. These new banks will further enhance the netting benefits ...
The first major collaboration between an international legal firm and one of the ‘Big Four’ professional services firms
June 14th, 2016
Allen & Overy today announces the launch of MarginMatrix™, a new digital derivatives compliance system to help major banks deal with new regulatory requirements that will come into force for the USD500 trillion over-the-counter (OTC) derivatives market from 1 ...
INTL FCStone Ltd.’s Global Payments Division reports increase in cross-border payments
June 14th, 2016
Facilitated ~101,000 payments in CY Q1 2016; an increase of ~14% vs. CY Q1 2015 Signed 500th institutional client in CY Q2 2016 Transferred more than $22 billion in payments in CY 2015; on track to increase in 2016 INTL FCStone Inc. (NASDAQ: ...
An Everyman’s Guide To Understanding Cryptocurrencies
June 13th, 2016
Cryptocurrencies have a role that could increase as global currencies are devalued. When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, that asset was bitcoin (BTC). The price of BTC in ...
Fintech revenues might double to $2.4 bn by 2020
June 10th, 2016
Growing smartphone penetration, evolving e-commerce ecosystem and customer expectations to give the big push The market for financial technologies (fintech) software in this country is estimated to double to $2.4 billion by 2020 from around $1.2 bn at present. This would ...
China opens its huge 8.4 trillion payment cards market to foreign firms
June 10th, 2016
China will allow foreign payment card companies to operate in the country under rules issued on Tuesday, potentially giving groups like Visa Inc (V.N) and MasterCard (MA.N) access to its 55-trillion-yuan ($8.4 trillion) card payment market. Visa and MasterCard, ...
Silver Acting Like ‘Gold on Steroids’ as Assets Near Record High
June 10th, 2016
ETFs backed by silver have seen assets increase for 8 days Prices are up 25% in 2016, tracking similar rally in gold For all the concerns whether the rally in precious metals will last, investors are close to making ...
Can Bitcoin Technology Solve the Migrant Crisis?
June 9th, 2016
Staci Warden of the Milken Institute argues that the blockchain could be the future of border control REFUGEES FROM WAR-TORN NATIONS often give up everything they have in an attempt to create a better future for themselves and their ...
Malta’s financial services sector continued to expand in 2015
June 9th, 2016
Malta’s financial services sector continued to expand in terms of size, reputation and attractiveness in 2015, backed by a resilient regulatory framework, prudential supervision, consumer protection, and strong money laundering prevention mechanisms. New licences, issued during 2015, were registered most notably in ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
