Deutsche Bank and Xceptor, the data ingestion specialist, today announced a partnership enabling Deutsche Bank to automate its core process in Indonesia.
The partnership also includes Xceptor being used to automate reconciliations with multiple external parties for the bank’s Securities Services division.
London Metal Exchange (LME) has partnered with Trading Technologies (TT) to supply the exchange’s trading participants with direct access via the TT front-end interface. TT will replace the LME’s current GUI when its new trading platform launches in 2021.
Baton Systems, the provider of post-trade solutions for capital markets, has received a $4 million investment from Illuminate Financial Management. This brings Baton’s total funding to $16 million, which includes investors Trinity Ventures, Alsop Louie and Commerce Ventures.
Cloud9 Technologies and GreenKey Technologies, have teamed up to provide a service which enables institutional traders "voice-populate" their desktop applications such as trade tickets, exchange clearing portals and CRM systems.
The service can also be used to structure audio files into an organised list of quotes and trades.
Belfius, BNP Paribas Fortis, ING Belgium and KBC have announced that they will use the blockchain application KUBE, developed by Isabel Group, for sharing corporate data as part of the Know Your Customer (KYC) process.
Clearpool, a provider of e-trading solutions supporting algo trading and an independent agency broker-dealer, has announced that it is to be acquired by BMO Financial Group. The transaction is subject to receipt of required regulatory approval and is currently expected to close in the second quarter.