All articles by : Banking TechRSS

Liquidnet and Instinet announce global liquidity sourcing agreement

Liquidnet and Instinet have entered a global liquidity sourcing agreement. From now on Liquidnet’s members can access the buy side-only network through Instinet’s Newport 3 execution management system, broadening access to the trading platform. Globally, Liquidnet already provides access to 36 equities markets around the world, plus London and Luxembourg listed Global Depository Receipts. It […]

Borsa Italiana extends agreement for Cinnober’s market data solution

Borsa Italiana, part of the London Stock Exchange Group, is extending the licensing and support agreement it has with Cinnober for the real-time market data system DDM Plus for another year. The system will eventually be replaced by the new comprehensive LSEG IT platform currently under development by MillenniumIT, but until the migration to this […]

Open application development and operating platform launched by Ixaris

The Ixaris Opn (pronounced ‘open’) application development and operating platform offers smaller financial institutions the means to offer payment services, such as niche P2P or trade finance solutions, via a publicly-accessible online platform. The vendor says Ixaris Opn can manage all facets of the payments lifecycle, including fraud and compliance oversight. The development community can […]

Payments Council reference guidelines unveiled

The Payments Council has published best practice guidelines for billers, payment processors, vendors, banks and building societies to try to improve the efficiency of UK electronic bill payments, whether initiated online or over the phone. The aim of the recommendations is to get users to always include accurate payment reference information to reduce processing difficulties […]

Monitise and DeviceFidelity link up to spread mobile payments

Monitise is partnering with DeviceFidelity, combining its Mobile Money Manager user interface, which is used by Lloyds Banking Group, RBS and other retail banks, with the latter’s In2Pay technology, to enable contactless mobile payments to be made on Visa’s payWave terminals. DeviceFidelity’s In2Pay microSD removable flash memory chip can be installed in the memory card […]

Close Asset Management joins EMX funds messaging platform

The EMX Message System, operated by Euroclear UK & Ireland, has signed up Close Asset Management as the latest fund manager to join its automated funds dealing system. The electronic messaging solution automates the purchase, sale, valuation, reconciliation, registration and settlement of unitised funds, and last year handled over 30 million messages. It now has […]

Chinese currency accepted by Euroclear Bank

Euroclear Bank has announced that clients can now settle transactions and deposit Eurobonds and Hong Kong domestic securities denominated in the Chinese Yuan Renminbi, which becomes the 53rd settlement currency offered by the international central securities depository. According to the People’s Bank of China, the volume of global trade settled in Renminbi has grown from […]

Thomson Reuters’ creates an Eikon

A new financial markets desktop is being unveiled by Thomson Reuters. The Eikon platform is intended to provide traders with the latest market news, analytics and trading tools in one easy to access place. Offering video, text updates and social networking, via multiple computer platforms and hand-held mobile devices, such as the iPhone or BlackBerry, […]

New SunGard module reporting for duty with asset managers

The Asset Arena Investment Book from SunGard is designed to provide asset managers and servicers with simultaneous back- and middle-office views of investment portfolios, enabling accurate reporting, real-time visibility and ultimately net asset value calculations to be made. A module of SunGard’s existing Asset Arena Investment Accounting product line, the new subset can eliminate the […]

Interview: Ian Alderton

How did you get into financial services technology? I’ve been in the industry for more than 22 years, starting out at Bankers Trust and NM Rothschild & Sons, among others, before moving on to project managing at Prudential Financial. I’ve worked across equities, forex,payments and many other segments for various asset managers, wholesale banks and […]