A-Team Insight Blogs The latest content from across the platform
Connamara’s EP3 Platform Powers the Launch of New Predictions Exchange, ForecastEx
ForecastEx, the new exchange focused on predictions markets for US economic indicators and global climate events, has successfully launched, utilising Connamara Technologies’ EP3 exchange and clearing platform. The exchange allows trading on a range of US economic metrics, such as Unemployment Claims, Consumer Price Index, Retail Sales, Fed Funds rates, and Housing Starts. Additionally, global…
Devexperts Expands DXtrade Platform to Support Futures Trading for Prop Firms
Devexperts has enhanced its white-label trading platform, DXtrade XT, to cater to the growing demand among proprietary trading firms for futures trading technology. The platform, designed for brokers and now expanded for prop trading environments, will enable firms to offer US futures trading to clients globally. DXtrade XT can be deployed either as an off-the-shelf…
TurinTech Deploys GenAI to Accelerate Financial Software
The costs associated with poor quality software coding are startling. In dollar terms alone, companies in the US incurred a US$2.4 trillion hit from the direct impacts and cost of correcting poor coding, according to a 2022 survey by the Consortium for Information and Software Quality (CISQ). That’s before indirect costs such as reputational and…
Rich Talent Pool Lures Arcesium to Portugal
Portugal’s combination of high-quality expertise in technology and finance was the key driver behind Arcesium’s decision to locate its first continental European office in Lisbon, the data management provider has revealed. The Atlantic coastal city of 3 million people came out as the top pick from a list of 50 European cities considered by the…
Asset Managers Can Learn Lessons from New Government’s Cost Pressures
By Thomas McHugh, CEO and Co-founder of FINBOURNE Technology. Any new government brings the inevitable “change” message, but one thing never changes regardless of who has the keys to the treasury – seeking out departmental cost savings wherever humanly possible. With unprotected departments facing cuts of up to 2.9% according to the Institute for Fiscal Studies,…
FinCrime Enforcement Actions Up 31%, H1/2024 – Fenergo Study
Recently released findings from client lifecycle management (CLM), know your customer (KYC) and transaction monitoring specialist Fenergo indicate a 31% increase in the global value of penalties for anti-money laundering (AML) violations, compared to the same period in 2023. The findings underscore a significant rise in enforcement actions, particularly in the Asia-Pacific region, where penalties…
SEC Charges 26 Financial Firms for Record-Keeping Failures, Resulting in $392.75 Million in Penalties
The U.S. Securities and Exchange Commission (SEC) has taken enforcement action against 26 broker-dealers, investment advisers, and dually-registered firms for widespread violations in maintaining and preserving electronic communications. The charges highlight longstanding failures by these firms to comply with federal record-keeping requirements. The implicated firms admitted to the facts outlined in the SEC orders, acknowledging…
ASIC Takes Legal Action Against ASX Over Allegedly Misleading Statements on CHESS Replacement Project
The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings in the Federal Court against ASX Limited, the country’s largest market operator, accusing the company of making misleading statements regarding its Clearing House Electronic Subregister System (CHESS) replacement project. ASIC contends that ASX misrepresented the status of the project in announcements made on 10…
Iress Enhances Fixed Income Trading Capabilities Through Strategic Alliance with Ediphy
Financial service software provider Iress, has entered into a strategic partnership with Fixed Income specialist Ediphy, to deliver a comprehensive fixed income trading solution to its global network. The collaboration will provide Iress trading customers with access to a low-cost trading mechanism and the ability to source extensive liquidity from fixed income providers and venues…
Delta Capita’s Kapoor and Kingsley Outline Compliance Tech Strategy
Delta Capita, best known for its capital markets consulting and managed services solutions, bolstered its client lifecycle management (CLM) offering earlier this year through the acquisition of GoldTier, a client onboarding solution, from LSEG. This has now been woven into Delta Capita’s AI-powered Karbon suite, which aims to streamline client onboarding, KYC, AML and regulatory…