Bank of China has launched DeepFX, an artificial intelligence-based FX trading signal prediction application through Eikon.
DeepFX was developed by the Digital Asset Management Department of Bank of China using deep learning technology to predict the short-term price movements in EUR.USD, AUD.USD, GBP.USD, USD.CAD, USD.JPY and USD.CHF.
Sumitomo Electric Industries (SEI) is the first Japanese manufacturing company to access CLSSettlement as a third-party participant.
The company is settling its FX transactions in CLSSettlement via its third-party service provider, Sumitomo Mitsui Banking Corporation (SMBC), supported by Bloomberg’s FX Confirmation Matching Service (CMS) post-trade processing technology.
Cobalt, the FX post-trade infrastructure provider Cobalt, has announced that Standard Chartered is the latest client to sign.
Cobalt’s growing client list now includes Citi, Sucden Financial, Deutsche Bank, XTX, Saxo and Standard Chartered.
Cobalt, the FX post trade infrastructure, has announced today that Citi intends to go live on its infrastructure for bilateral trading. This is in addition to Citi alrteady being a shareholder in Cobalt.
Deutsche Bank, XTX Markets and Saxo Bank are already live on the platform.
TransFICC, the specialist provider of low-latency connectivity for Fixed Income and Derivatives Markets, recently won ‘Best Communication Infrastructure Provider’ at the American Financial Technology Awards (AFTAs).
Kaizen Reporting has won ‘Regulatory Reporting Product of the Year’ at the Risk Markets Technology Awards 2020. Hosted and run by Risk, the awards were established to recognise market-leading technologies and third-party vendors that enable sell-side firms to operate more efficiently and transparently.
Oliver Madden has been appointed President of ACI UK.
Oliver is Director, Cash & FX Operations Product, Client Operations at RBC Investor & Treasury Services. Previously, he worked within RBC Dexia Investor Services’ Technical Sales team, at Spitalfields Advisors Limited, an independent securities lending consultancy firm, and Santander Global Banking & Markets.
Grant Thornton UK LLP is pleased to announce the winners of its inaugural RegTech Awards for 2019. The awards celebrate best-in-class technologies and solutions from across the RegTech ecosystem and are based on a new RegTech Index designed to highlight the wide array of technologies available to financial services organisations. The Index was developed in conjunction with The Disruption House, a research and data driven modelling firm specialising in early stage and high growth technology providers, with the awards acknowledging stand-out firms in the following six categories:
Clarus Financial Technology today announces the release of a suite of IBOR Transition Management tools, available as Apps and APIs, to help firms navigate the upcoming changes as IBORs transition to Risk Free Rates (RFRs).
The transition from IBORs to RFRs is now underway in all major markets, with the Federal Reserve, the European Central Bank, and the Bank of England, setting the timelines in conjunction with working groups of industry participants.