msg, one of Germany’s largest IT consulting and system-integration companies, has formalised a strategic alliance with Marco Polo, a distributed trade finance network.
Technology & software solutions
Bankia Asset Management (Bankia AM), the asset management arm of Bankia, the fourth largest financial firm in Spain, has adopted Bloomberg’s Asset & Investment Manager (AIM), an order management solution, across all of its portfolios.
EDI has partnered with Orbit Financial Technology to launch the earning call transcript dataset for all types of investors, from long-only, proprietary to quantitative funds, from buy-side to sell-side.
Transaction Network Services (TNS) is launching TNS Oculus, a new online portal that provides financial markets customers visibility into their TNS services, including performance and utilisation tracking.
FlexTrade Systems' client KGI Securities is to launch the KGI MaxxTrader’s electronic foreign exchange (FX) pricing and trading engine in Singapore.
ACA Compliance Group (ACA), a provider of governance, risk, and compliance advisory services and technology solutions for financial services firms, has launched an enhanced anti-money laundering (AML) solution.
TRG Screen is to integrate enhanced versions of the company's suite of subscription management products into a new single platform called Optimize.
AxiomSL, a provider of risk and regulatory reporting solutions, has launched a solution to address the new EU requirements defined in the Investment Firms Regulation (IFR) and Investment Firms Directive (IFD), followed by the UK requirements from the Financial Conduct Authority (FCA) that have yet to be finalised.
As the mass affluent investor segment is tipped for growth, wealth managers should ensure they have scalable solutions to manage the potential increase in client numbers which could come with capturing the progress in this area.
The Monetary Authority of Singapore (MAS) has been proactive and transparent with licensing requirements, compared to other jurisdictions. The Digital Acceleration Grant (DAG) programme incentivises firms to modernise operations, equipping smaller managers with the necessary technology and helping new funds get off the ground. This programme, coupled with geopolitical influences, contributes to Singapore accelerating as a safe-haven for money and financial institutions.