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In response to reader requests, ISS has agreed to halt its planned serialisation of 'The future of clearing' by Hans-Ole Jochumsen, president, global trading and market services, NASDAQ OMX, and to publish it instead as a single paper.

Could the world's financial markets be about to witness the emergence of non-traditional infrastructure to rival established systems? 

Cyber security now ranks as the principal concern of the financial services industry, in the wake of several recent high-profile cyber attacks on major sectors of the global economy. 

Neonet Securities, the independent agency broker and execution specialist, says it has partnered with Commcise, the independent buy-side investment technology vendor, to broaden its service offering within commission management.

Russia's National Settlement Depository (NSD), which acts as a substitute numbering agency in the Republic of Uzbekistan, has begun assigning international codes to Uzbek issuers’ securities and transferring them to the international database of the Association of National Numbering Agencies (ANNA). The NSD was awarded this authority in 2007.

BNP Paribas Securities Services reports the launch of an outsourcing service for AIFMD reporting (the initial waves of “first time” reporting for fund managers under the directive will take place on October 31 2014 (Halloween!) and January 31 2015). 

 SIX Financial Information is expanding its regulatory coverage to include the Securities and Futures Commission (SFC)-authorised products for Hong Kong clients.

Traiana completes first equities trade

Credit Suisse, J.P. Morgan and Instinet to use Traiana to clear OTC equity trades at LCH.Clearnet and EuroCCP.

NICE to tackle money laundering

NICE Actimize, a NICE Systems business and provider of a single financial crime, risk and compliance software platform for the financial services industry, says that it has partnered with Alacra, Inc, a provider of online business information solutions.

4sight recruits Raymond Blokland

4sight Financial Software, a provider of software and consultancy to the securities finance and collateral management markets, has hired Raymond Blokland as a senior consultant. Blokland was previously a managing director at Bank of America Merrill Lynch, and has previously worked as global head of prime brokerage trading at Fortis Bank.

AQX° Joins Squawker Community

AQX° Securities, a multi-asset, execution services provider, reports that it has connected to Squawker, the central forum for pan-European, negotiated equity block trading and the world’s first electronic trading platform free of algo- and HFT-flow.

BATS Chi-X Europe adds Turkey to menu

BATS Chi-X Europe (BATS), which describes itself as Europe’s largest stock exchange, is to offer trading in Turkey’s most liquid stocks from  November 3.

BNY Mellon wins Estover Energy role

BNY Mellon has been appointed trustee and paying agent for Estover Energy’s £48 million bond for a new combined heat and power (CHP) plant in Speyside, Scotland.

MDAX free float adjustment

Deutsche Börse reports an unscheduled adjustment to the free float of Sky Deutschland AG in MDAX. 

So far so good for T+2, but …

Blogged by David Pearson, strategic business architect at Fidessa, on Monday, October 20, 2014.

International banking expanding again: BIS

The Bank for International Settlements (BIS) today released international banking statistics at end-June 2014.

National Settlement Depository posts positive third quarter results

National Settlement Depository (NSD), Russia’s central securities depository, says its 2014 third quarter operating results demonstrate positive dynamics, not least the assignation of the status of a systemically important CSD and a settlement depository to NSD.

REGIS-TR reaches milestone with over 1 billion transaction reports

More than 200 million transaction reports processed in September 2014. REGIS-TR reaches more than 1,000 customers – onboarding continues. Ready for higher volumes.

Fiserv to the fore, staying ahead of the curve

Eddie Heaton, managing editor of ISS Magazine, buttonholed Kashyap Kapasi, Director, Strategic Solutions, Investment Services at Fiserv, a US-headquartered global provider of technology solutions to the financial world, during this year's Sibos week to discuss its latest offerings in the Investment Services sphere.

Irish and Chinese sign memorandum of understanding

Another day, another Chinese memorandum of understanding. 

Transparency demand drives Broadridge growth

Broadridge Financial Solutions reports a significant increase in demand for its revenue and expense management offerings, as financial services firms continue to face stringent regulatory and compliance requirements and a growing need for transparency in the industry.

Fundsquare to Simplify AIFMD Filing for Asset Managers

Confluence, a global provider of investment data management automation solutions, says it is working with Fundsquare to provide secure delivery of AIFMD transparency reporting to all national competent authorities (NCAs) across Europe.

Northern Trust expands AP presence

Northern Trust says it is continuing its expansion across Asia-Pacific with the establishment of a representative office in Seoul, South Korea, following the receipt of the appropriate regulatory approval from the local Financial Services Commission (FSC). 

Two out of three pros blame IT shortfall

Two out of three (67 percent) pension professionals blame legacy systems/poor IT infrastructure for UK pension schemes’ lack of preparation in meeting the Government’s April 2016 deadline to have accurate assessments of their members’ Guaranteed Minimum Pension (GMP) rights, according to new research by EDM Group (EDM), an information management specialist.


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