JP Morgan Chase hit with $348m in fines related to its trade surveillance programme
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
News, intelligence and resources on the global fintech industry including topics such as trading technology.
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
The restructuring will involve members of three of the five acquisitions it has made in the last four years.
The UK-based firm will leverage Sentry to streamline and scale its credit investment operations.
The firm will leverage Broadridge’s Securities Finance and Collateral Management (SFCM) solution.
The merger between Webull and SK Growth Opportunities is due to close in H2 2024.
Contour previously announced in October 2023 that it was to wind down operations as a result of insufficient funding.
The seamless fusion of finance and tech to unlock new dimensions of online trading efficiency and intelligence.
The Swiss bank is to replace its legacy system for position and risk management with FM Converge.
The Chicago-based vendor expects to complete its acquisition of Ateo by 29 February.
The acquisition will see GFT take on all of Sophos’ partners and 1,700 of its employees.
Ardshinbank will also integrate the vendor’s tech to strengthen its retail mobile app.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
WCAS will also commit $200 million to fuel the future growth of EquiLend.
Tbricks is the US-headquartered fintech’s principal trading and market making solution.
Crager is due to transition into the role of senior advisor upon his departure from the company’s leadership.
The deployment builds on an agreement between the two companies in August last year.
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
The group initially paid $175 million for approximately 22% of VettaFi back in January.
DTCC initially announced that it had signed an agreement to buy the firm back in October.
Sol Zlotchenko and Daniel Zayfman join VersiFi as CPTO and CISO, respectively.
Llewellyn-Jones was previously chief product officer, capital markets at Broadridge.
The platform seeks to “cut through crypto trading complexity” for financial services companies.
Matthew Cheung, CEO of ipushpull, discusses how AI is being put to work within capital markets.
SoFi’s cryptocurrency services will formally end on 19 December.
The deal also includes Mexican brokerage house Vifaru Casa de Bolsa, which Flink agreed to purchase in 2022.
Capital Bank of Jordan previously tapped Codebase to launch its digital banking app and neobank Blink.
FinTech Futures speaks with the founders of 3AI to discuss how AI technology can transform investing strategies.
The company’s acquisition by its senior executives is expected to be completed this month.
The mindset of today’s investors and the importance of maintaining a competitive edge.
Liberum will utilise the tech to improve the management and personalisation of its custody and execution operations.
Brown is due to depart the Michigan-based online bank on 31 January 2024.
As part of the strategic partnership, SBI Group has also made a $15 million investment in Alpaca.
The solution seeks to support businesses with the digital issuance of bank guarantees.
The bank is to integrate its newly-digitised trade flows into its DLR tech stack on Broadridge’s platform.
The project was completed between BIS, Banque de France, MAS and the Swiss National Bank.
With GenAI in financial services, we’re not just on the cusp of significant change – we’re in the midst of it.
The San Francisco-headquartered exchange plans to leverage the approvals to power its European expansion.
The launch arrives in tandem with the bank’s documentary trade suite, ABC Trade.
Jon Daplyn joins as chief information officer and Hari Godbole as vice president of engineering.
Automated solutions enabling the timeliness of middle office processes can be key to the T+1 readiness.