Citi continues tech enhancement programme with new middle-office reporting tool
Standard Life Aberdeen acted as the anchor client for the new client reporting solution, as Citi continues to bolster its middle-office offering.
Technology
CloudMargin secures $15 million from Citi, Deutsche Bank, and Deutsche Börse
Primary investors Citi, Deutsche Bank, and Deutsche Börse raised $15 million for CloudMargin in its largest funding round to date.
SWIFT sets out two-year strategy for instant payments and securities processing
The new strategy aims to enable instant and frictionless end-to-end transactions between the world’s financial institutions.
Citi introduces upgrades to securities services big data platform
The enhancements to the platform will provide greater self-service capabilities for users to access their own data to improve investment and operational decisions.
JP Morgan leverages start-up tech for custody onboarding and runs successful trial with BlackRock
Custodian pilots new solution with BlackRock, digitising the custody account opening workflow through Saphyre’s technology.
BNP Paribas Securities Services and Digital Asset to develop DLT apps for APAC markets
New apps designed to give market participants in APAC real-time access to ASX and HKEX’s new DLT-based settlement platforms.
Utility Settlement Coin project ‘fully engaged’ with central banks despite launch date uncertainty
Fnality International says it is making strides in its payments system despite reports of a delay surfacing.
Citi, JP Morgan and State Street invest in FX FinTech firm Capitolis
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
Demands for real-time corporate actions solutions rise, finds SIX survey
Asset managers, custodians and other industry participants cited legacy tech and data quality as the biggest challenge to achieving full corporate actions automation.
BlackRock Aladdin veteran joins IHS Markit financial services solutions division in senior role
IHS Markit hires 20-year BlackRock veteran who most recently led the development of post-trade and outsourcing capabilities of its flagship Aladdin platform.