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The Reserve Bank of New Zealand announced the new Chair of the Board

September 27th, 2016 (0)
The Reserve Bank of New Zealand, New Zealand’s Central Bank, has issued an announcement to inform that Professor Neil Quigley has been elected Chair of the Reserve Bank’s Board of Directors, replacing Dr Rod Carr. Ms Kerrin Vautier has ...

Canvas Ventures Raises $300M Fund to Invest in Software & Services Startups

September 26th, 2016 (0)
Canvas Ventures, a Silicon Valley-based venture capital firm, today announced that it has closed a new $300M fund called “Canvas Ventures 2.” The firm’s previous fund was capitalized at $175M in August 2013. The four investing partners for the ...

Japan banks target fintech start-ups after law change

September 26th, 2016 (0)
Change to 5% ownership cap part of national effort to push financial technology Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than ...

Thomson Reuters Strengthens Buy-Side Trading Capabilities with REDE Acquisition

September 23rd, 2016 (0)
Thomson Reuters has signed a definitive agreement to acquire REDI Holdings, a trading technology pioneer whose flagship REDIPlus execution management system (EMS) provides advanced cross-asset class trading capabilities to the buy-side. The acquisition is expected to close by the ...

SFC Hong Kong investigates licensed brokerages for inadequate AML internal controls

September 22nd, 2016 (0)
The Securities and Future Commission (SFC) of Hong Kong has issued an announcement to inform that its Enforcement Division is investigating a number of cases of SFC licensed brokerages with suspected inadequate anti-money laundering (AML) internal controls and it ...

Industry Experts take to stage for Fintech EUROPE London 2016

September 20th, 2016 (0)
Managers of Wealth (MoW) event FinTech EUROPE 2016 is to be held in central London on 27 October, 2016. The speakers represent many industry leading organisations and have extensive experience which contributes to their interesting, stimulating and insightful topics ...

Bank of England to develop the next generation of Real-Time Gross Settlement (RTGS) for payments

September 19th, 2016 (0)
The Bank of England is consulting on the next generation of its Real-Time Gross Settlement (RTGS) service. RTGS is not a household name. But it lies at the heart of safeguarding the Bank’s mission for monetary and financial stability, ...

PwC acquires data technology firm Selera Labs

September 15th, 2016 (0)
PwC is strengthening its tax reporting practice with the acquisition of Selera Labs, a market leading data technology firm. The acquisition comes at a time when tax authorities around the world are requiring increasing amounts of data from organisations. ...

Mike Lynch’s Invoke Aims to Replace M&A Lawyers With Robots

September 15th, 2016 (0)
Former Autonomy CEO backs startup using AI for due diligence Move comes a week after HP sold former Autonomy assets Could the armies of lawyers needed to close billion-dollar deals soon be a thing of the past? That’s what Invoke ...

PwC reports double digit growth for second consecutive year

September 12th, 2016 (0)
Revenue up 11% to £3.4bn Growth is reported in all business areas, with particular client demand for cyber security, data analytics and technology services Total number of UK equity partners increased to 926, from 885 last year (4.6% increase) ...
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