The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, is extending global participation in its technology forum, the Technology Advisory Committee (TAC).
Technology & software solutions
ING has partnered with genesis, the Low Code Application Platform for financial markets, to launch the Credit Insurance Application (CIA), a deal-flow and portfolio application which will transform the management of credit and political risk insurance (CPRI) globally.
Xignite has partnered with SIX to offer real-time data from SIX's catalogue, which includes 1,800-plus global exchanges and trading venues via Xignite Enterprise Microservices, a suite of cloud-native market data management services built to transform how firms store, distribute, manage, and control market data in the cloud.
Cowen, a diversified financial services firm, has completed a successful Consolidated Audit Trail (CAT) go-live using n-Tier’s Compliance Workbench platform, that helps institutions minimise the risks and costs of regulatory reporting.
Venerable, the owner and manager of legacy annuity blocks, has chosen to migrate its data management to AC PaSS, the cloud-based managed service solution from Asset Control.
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM) solutions provider, has unveiled its Intraday Liquidity Stress Testing module, part of the TLM Cash and Liquidity Management suite of products. With the new module, banks will be able to run a stress test, which can often take up to eight weeks, in minutes.
The University of Derby has secured government funding for a new knowledge transfer partnership with Aquis Exchange based around machine learning, with the aim of enhancing Aquis' ability to monitor trading behaviour and identify abuses within financial markets.
Blockchain specialist fintech and services provider Diginex will implement Itiviti’s Tbricks automated solution to provide risk, P&L and portfolio management to its institutional client base.
Digital Reasoning, an artificial intelligence solutions provider, and Google Cloud have formed a global strategic partnership to help banks and other financial institutions leverage the global scale, reliability, and performance of the cloud.
Asset managers are earmarking bigger budgets for digital transformation in the coming year, after many were shocked into action by the ‘stress-test’ their existing digital systems underwent during the coronavirus pandemic.