All industry news

Fnality raises £77.7 million in Series B funding

14 November 2023 UK
Reporter: Bob Currie

This fundraising round for the digital payments fintech was led by Goldman Sachs and BNP Paribas with involvement from DTCC, Euroclear, Nomura, WisdomTree and a number of other investors

ESMA coordinates global fire-drill for European CCPs

13 November 2023 Europe
Reporter: Carmella Haswell

The exercise will involve more than 30 central counterparties, which will simultaneously run a simulation on the default of a hypothetical common clearing member

Broadridge expands Shareholder Disclosure solution

09 November 2023 UK, Australia, Hong Kong
Reporter: Carmella Haswell

Currently live in the UK, Australia and Hong Kong markets, the solution will support firms needing to adhere to specific SRD II regulations

Women in Asset Servicing launches Luxembourg chapter

09 November 2023 Luxembourg
Reporter: Lucy Carter

The group will begin with micro-events, intended to encourage networking amongst new members and enabling the organisation to grow organically in the region

TS Imagine and Kayenta enter strategic partnership

08 November 2023 US
Reporter: Lucy Carter

Hedge fund treasury management system provider Kayenta has partnered with TS Imagine to grant clients access to multi-asset trading and risk management solution TS One

SimCorp and Axioma announce merger

07 November 2023 US
Reporter: Lucy Carter

The announcement follows the acquisition of SimCorp by Deutsche Börse Group in September 2023

Financial Services Commission applies short selling ban in South Korea

06 November 2023 South Korea
Reporter: Carmella Haswell

The ban will commence from 6 November 2023 until the end of June 2024, and will prohibit the short selling of all KOSPI, KOSDAQ and KONEX listed items

ISS and Strate partner on proxy voting solution

06 November 2023 South Africa
Reporter: Lucy Carter

Through the collaboration, global and custodian banks using ISS’ GPD outsourced voting solutions will be able to use Strate’s central platform for the direct vote processing of South African issuers’ shareholder meetings