Bank of America, BNY Mellon and Citi have invested US$20 million in Genesis Global, a low-code application development platform for financial markets organisations
The integration will classify and group more than 1,000 digital assets, which will help investors understand market, liquidity, credit, operational and other risks, both at the level of individual assets and whole sectors
The connectivity will allow firms to automatically match claims before sending them to DTC for straight-through-processing and intraday settlement via securities payment orders
The research, which polled 200 financial services professionals, was conducted at the Securities Industry and Financial Markets Association Operations Conference in May 2022
Keith Hale, executive chairman of TrustQuay (pictured), adds: “We are delighted to work with Equity Trustees, one of the oldest and largest trustee companies in Australia"
ING Ventures has strategically invested in OpenFin, an operating system for enterprise productivity enabling app distribution, workspace management and workflow automation
Headquartered in Geneva with offices in London, Nightingale Trustees is an independent
trust and administration business offering services primarily to high-net-worth international private clients
Anders Kirkeby of SimCorp made the comment in the first technology session of the day in which panellists debated whether new technology always equals new alpha