A consortium of Europe’s leading asset management association has called on the EU to establish an equities consolidated tape (CT) in order to democratise access to the continent’s capital markets for investors.
Max Chuard, the man who has served as chief executive of Swiss fintech Temenos for 20 years, has stepped aside in the face of shareholder pressure.
Data provided by interactive investor, the UK-based private investment platform, has shown a marked increase in engagement from private investors in the UK.
The financial services industry is forecast to increase its spending fivefold on carbon management technology over the next five years.
US-based fintech Clarity AI has teamed up with Refinitiv, the financial data provider owned by the London Stock Exchange Group, for the development of a reporting tool for the EU’s Sustainable Financial Disclosure Regulation (SFDR).
Just 10% of digital assets exchanges have the ability to display real-time reporting of assets and liabilities, according to a recent study.
The lack of a real-time consolidated tape for equities is hindering the EU’s capital markets union (CMU) plan, according to investment funds association Efama.
A number of financial market infrastructures (FMIs) have yet to develop their cyber response and recovery plans in line with the recommendations of global regulators.
The funds industry boasts 90% automation rates, so why is the fax machine still a ubiquitous presence? Nicholas Pratt examines the enduring appeal of this archaic technology.
The financial services sector faces a potential shortage of qualified technologists and data analysts over the next five years, according to a recently published report.
